{"id":3318,"date":"2017-07-12T12:36:49","date_gmt":"2017-07-12T16:36:49","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3318"},"modified":"2017-07-12T12:36:49","modified_gmt":"2017-07-12T16:36:49","slug":"u-s-steel-buy-write-6","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3318","title":{"rendered":"U S Steel “Buy-Write”"},"content":{"rendered":"

I just did a “Buy-Write with U S Steel (X). I bought 1000 shares of the stock at $22.80 and I sold a Call which will expire next Friday July 21st. I went with a 10 day Call instead of a 3 day Call because I didn’t like the premiums for the Calls expiring this Friday. And I really liked the 70\u00a2 on a $22 stock for a 10 day deal. The premium alone is a 3% return. If I get assigned the return will be better. This is a Covered Call so it’s a Risk Factor 1<\/strong>.<\/p>\n

U S Steel Buy-Write<\/strong><\/span><\/p>\n

\u00a0Buy 1000 Shares X @ $22.80<\/p>\n

\u00a0Sell to Open 10 X 7\/21\/17 $23 C @ 70\u00a2 (+$700)<\/p>\n

I have a few more trades to report that I couldn’t because of my computer problem. One was made on Monday and the other on Tuesday.<\/p>\n

Micron Covered Call<\/strong><\/span><\/p>\n

7\/10\/17 \u2013 Buy 2000 Shares MU @ $30.08<\/p>\n

7\/10\/17\u2013 Sell to Open 20 MU 7\/14\/17 $30.50 C @ 50\u00a2 (+$1000)<\/p>\n

 <\/p>\n

Weight Watchers Covered Call<\/strong><\/span><\/p>\n

7\/11\/17 \u2013 Buy 1000 Shares WTW @ $34.88<\/p>\n

7\/11\/17\u2013 Sell to Open 10 WTW 7\/14\/17 $35.00 C @ 65\u00a2 (+$650)<\/p>\n

I’m all caught up with my post.<\/p>\n

Any questions, send an email.<\/p>\n

Know the Option Order Form<\/span><\/a>!<\/p>\n

Have a good day!<\/p>\n

 <\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

I just did a “Buy-Write with U S Steel (X). I bought 1000 shares of the stock at $22.80 and I sold a Call which will expire next Friday July 21st. I went with a 10 day Call instead of a 3 day Call because I didn’t like the premiums for the Calls expiring this […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-3318","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75MP0-Rw","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3318"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3318\/revisions"}],"predecessor-version":[{"id":3319,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3318\/revisions\/3319"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}