{"id":3674,"date":"2017-10-12T13:46:42","date_gmt":"2017-10-12T17:46:42","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3674"},"modified":"2017-10-12T13:46:42","modified_gmt":"2017-10-12T17:46:42","slug":"more-advanced-micro-devices-leaps","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3674","title":{"rendered":"More Advanced Micro Devices&#8217; LEAPS"},"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=\"size-full wp-image-1635 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?resize=75%2C90\" alt=\"\" width=\"75\" height=\"90\" \/><\/a>On 6\/26\/17 I bought 2000 shares of Advanced Micro Devices (AMD) and on 9\/1\/17 I sold 20 contracts of the 1\/19\/18 $15 Calls. This January date is the expiration date of the yearly LEAP.<\/p>\n<p>On 9\/20\/17 I bought another 500 shares of AMD to have in the case the stock went up. With the Covered Call I just mentioned above the stock gain is limited at $15 because that&#8217;s my Strike Price. I figured if the stock goes up I would have 500 shares unattached to an option so I could enjoy gain on the stock if it went up. Well, I&#8217;ve been holding for a while and it hasn&#8217;t been moving so I decided to also sell the same January option on these shares also. I bought the 500 shares at $14.30 and I just sold 5 contracts of the 1\/19\/17 $15 Call and received a premium of $1.20 for $600. I&#8217;ll be holding these positions until January but I&#8217;m getting a nice Rate of Return so I&#8217;m happy. Here&#8217;s the option I just sold:<\/p>\n<h4 style=\"text-align: center;\">Sell to Open 5 AMD 1\/19\/18 $15 C @ $1.20 (+$600)<\/h4>\n<p>&nbsp;<\/p>\n<p>This trade gets a<strong> Risk Factor 1<\/strong> because it&#8217;s a Covered Call on a very good stock. I bought the stock on 9\/20\/17 for $14.30 per share. Getting a $1.20 premium is a Rate of Return of 8.3% for a 100 day trade. In a bank you cannot get close to that for a 1 year CD.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 6\/26\/17 I bought 2000 shares of Advanced Micro Devices (AMD) and on 9\/1\/17 I sold 20 contracts of the 1\/19\/18 $15 Calls. This January date is the expiration date of the yearly LEAP. On 9\/20\/17 I bought another 500 shares of AMD to have in the case the stock went up. With the Covered [&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-3674","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-Xg","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3674","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=3674"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3674\/revisions"}],"predecessor-version":[{"id":3675,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3674\/revisions\/3675"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}