{"id":3321,"date":"2017-07-12T12:56:17","date_gmt":"2017-07-12T16:56:17","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3321"},"modified":"2017-07-12T12:56:17","modified_gmt":"2017-07-12T16:56:17","slug":"amd-covered-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3321","title":{"rendered":"AMD Covered Call"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1635\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1635\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-orig-size=\"75,90\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" class=\"wp-image-1635 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?resize=94%2C113\" alt=\"\" width=\"94\" height=\"113\" \/><\/a><\/p>\n<p>Sorry I didn&#8217;t get this trade in the last post. As soon as I hit send on that post this trade was executed. I bought 2000 shares of Advanced Micro Devices (AMD) on July 26th. I sold a Call and was not assigned. The stock took a little dip and I wasn&#8217;t able to get a good premium since. The last few day the stock has been moving. The premiums were not great for the Strike Price I wanted so I went out till next week. I got a 25\u00a2 premium for a total premium of $500 on the 20 contracts. May not sound like much but it&#8217;s on a $14 stock. My return is 1.7%. 10 Days&#8230;.I&#8217;ll take it! This is a Covered Call so it&#8217;s a <strong>Risk Factor1<\/strong>.<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Advanced Micro Devices Covered Call<\/strong><\/span><\/p>\n<p style=\"text-align: center;\">6\/26\/17 \u2013 Buy 2000 Shares AMD @ $14.39<\/p>\n<p style=\"text-align: center;\">7\/12\/17\u2013 Sell to Open 20 AMD 7\/21\/17 $15 C @ 25\u00a2 (+$500)<\/p>\n<p>You might be wondering why I&#8217;m doing so many Buy-Writes and Covered Calls when my favorite strategy is Naked Calls. When the market is moving the way it&#8217;s has been, Naked Calls are very dangerous. When the stocks are moving you want to be covered for protection when the stock involved goes up.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sorry I didn&#8217;t get this trade in the last post. As soon as I hit send on that post this trade was executed. I bought 2000 shares of Advanced Micro Devices (AMD) on July 26th. I sold a Call and was not assigned. The stock took a little dip and I wasn&#8217;t able to get [&hellip;]<\/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-3321","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-Rz","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3321","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=3321"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3321\/revisions"}],"predecessor-version":[{"id":3322,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3321\/revisions\/3322"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}