{"id":3580,"date":"2017-09-27T10:37:33","date_gmt":"2017-09-27T14:37:33","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3580"},"modified":"2017-09-27T10:37:33","modified_gmt":"2017-09-27T14:37:33","slug":"u-s-steel-buy-write-7","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3580","title":{"rendered":"U.S. Steel Buy-Write"},"content":{"rendered":"

 <\/p>\n

\"\"<\/a>After a 2 week pullback in U.S. Steel (X) it’s been moving a little the last few days. With the stock at $24.75 and having a 25\u00a2 premium I decided to do a 3 day “Buy-Write.” I bought 1000 shares of the stock at $24.75 and sold 10 contract $25 Call expiring this Friday. I’m hoping for the stock to go above my Strike Price and get assigned. I would get the 25\u00a2 premium and make 25\u00a2 on the stock for a 50\u00a2 gain, which on the 10 contracts and the 1000 shares, would be $500. This trade is a Covered Call so it gets a Risk Factor 1<\/strong>.<\/p>\n

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

Buy 1000 Shares X @ $24.75<\/p>\n

Sell to Open 10 X 9\/29\/17 $25.00 C @ $25\u00a2 (+$250)<\/p>\n

 <\/p>\n

The 25\u00a2 premium alone on a $24.75 stock is a 1% gain on my investment in 3 days. This fits into my “1 Week\/1%<\/span><\/a>” strategy.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

  After a 2 week pullback in U.S. Steel (X) it’s been moving a little the last few days. With the stock at $24.75 and having a 25\u00a2 premium I decided to do a 3 day “Buy-Write.” I bought 1000 shares of the stock at $24.75 and sold 10 contract $25 Call expiring this Friday. […]<\/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-3580","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-VK","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3580","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=3580"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3580\/revisions"}],"predecessor-version":[{"id":3582,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3580\/revisions\/3582"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}