{"id":3715,"date":"2017-10-23T14:25:39","date_gmt":"2017-10-23T18:25:39","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=3715"},"modified":"2017-10-23T14:25:39","modified_gmt":"2017-10-23T18:25:39","slug":"at-the-money-weight-watchers-buy-write","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=3715","title":{"rendered":"At-the-Money Weight Watchers “Buy-Write”"},"content":{"rendered":"

\"\"<\/a>I liked the way the Weight Watchers (WTW) charts looked for a quick “Buy-Write” and an exit. I bought 1000 shares of WTW at $45.50 and sold 10 contracts of the WTW 10\/27\/17 $45.50 Calls for a 90\u00a2 premium ($900). I’m not looking to make any money on the stock. That’s why I sold the Call At-the-Money<\/span><\/a>. I’m in this play for the premium only. The premium only is giving me a 1.9% Rate of Return<\/span><\/a> for a 1 week trade. This trade fits into my “1 Week\/1%<\/span><\/a>” strategy. Since this is a 1 week Covered Call it gets a Risk Factor 1<\/strong>.<\/p>\n

 <\/p>\n

Weight Watchers “Buy-Write”<\/strong><\/span><\/p>\n

Buy 1000 Shares WTW @ $45.50<\/p>\n

Sell to Open 10 WTW 10\/27\/17 $45.50 C @ 90\u00a2 (+$900)<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

I liked the way the Weight Watchers (WTW) charts looked for a quick “Buy-Write” and an exit. I bought 1000 shares of WTW at $45.50 and sold 10 contracts of the WTW 10\/27\/17 $45.50 Calls for a 90\u00a2 premium ($900). I’m not looking to make any money on the stock. That’s why I sold the […]<\/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-3715","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-XV","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3715","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=3715"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3715\/revisions"}],"predecessor-version":[{"id":3716,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/3715\/revisions\/3716"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}