My trades are few and far in between these days. This market is just so volatile, I’m a little nervous. Also, the few stocks that I do own are below where I bought so I’m a little handcuffed. I’m just watching and waiting for my stocks to bounce back. It’s giving me a little time to get other things done in my life.<\/p>\n
Today the market is up big and so is Micron (MU). With the stock up about $1.80 and at $49.70 I just sold a 10 contract $51 Call. I’ve been watching MU for a long time and in recent weeks whenever the stock has a big day it pulls back again. I decided not to buy the shares and sell a Naked Call. However, I did place a buy order for the 1000 shares if the stock continues up and gets up to my Strike Price of $51. For now I’m naked! This Call will expire this Friday. Let’s watch to see if the stock gets up to $51. This is a Naked Call so it’s a very dangerous trade but I did place a buy order at my Strike price. It’s still dangerous because the stock can jump over night and if that happens I will not get filled on my order. I’ll only get filled if the stock hits $51 during trading hours. This trade get’s a Risk Factor 4<\/strong>.<\/p>\n <\/p>\n It feels good making trades and bringing in money. I hope the volatile calms down a bit. Until than, be careful!<\/p>\n I didn’t write a” week ending” report because I didn’t make a trade last week.<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" My trades are few and far in between these days. This market is just so volatile, I’m a little nervous. Also, the few stocks that I do own are below where I bought so I’m a little handcuffed. I’m just watching and waiting for my stocks to bounce back. It’s giving me a little time […]<\/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-4159","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\/p75MP0-155","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4159","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=4159"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4159\/revisions"}],"predecessor-version":[{"id":4160,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4159\/revisions\/4160"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Sell to Open 10 MU 4\/13\/18 $51.00 C (+$500)<\/h4>\n