{"id":4164,"date":"2018-04-11T10:14:26","date_gmt":"2018-04-11T14:14:26","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4164"},"modified":"2018-04-11T10:14:26","modified_gmt":"2018-04-11T14:14:26","slug":"buy-1000-shares-of-micron","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4164","title":{"rendered":"Buy 1000 Shares of Micron"},"content":{"rendered":"<p>Yesterday I sold a 10 contract Naked Call on Micron (MU) with the strike Price of $51. When I sold the Call the stock was at $49.70. When I sold the Naked Call I placed a buy order for 1000 shares of MU at $51. I did that so if MU went up I would have my $51 Naked Call covered. Well today, on a down day, the stock went up to my $51 Strike Price and my buy order for 1000 shares was filled. I now Have a 10 contract Covered Call.<\/p>\n<h4 style=\"text-align: center;\">Buy 1000 Shares MU @ $51.00<\/h4>\n<p>When I sold the 10 contract Naked Call I gave the trade a Risk Factor 4; now that I&#8217;m filled on my buy order this Covered Call position is a R<strong>isk Factor 1<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday I sold a 10 contract Naked Call on Micron (MU) with the strike Price of $51. When I sold the Call the stock was at $49.70. When I sold the Naked Call I placed a buy order for 1000 shares of MU at $51. I did that so if MU went up I would [&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-4164","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\/p75MP0-15a","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4164","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=4164"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4164\/revisions"}],"predecessor-version":[{"id":4165,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4164\/revisions\/4165"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}