{"id":4176,"date":"2018-04-16T10:58:43","date_gmt":"2018-04-16T14:58:43","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4176"},"modified":"2018-04-16T10:58:43","modified_gmt":"2018-04-16T14:58:43","slug":"results-week-ending-4-13-18","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4176","title":{"rendered":"Results Week Ending 4\/13\/18"},"content":{"rendered":"<p>I continue to do a lower volume of trades due to the crazy volatile in the market, plus the few stocks I&#8217;m holding are lower than where I bought in. This week I only had 1 trade come to a conclusion.<\/p>\n<p>On 4\/10 I sold a 10 contract Naked Call on Micron (MU). With the stock at $49.70 I sold a $51 Call. When I sold the Call I also placed a buy order at my Strike Price of $51. In the case the stock went up my account would automatically buy the 1000 shares at $51 to cover my Call. Well the stock did go up to $51 the next day and my buy order was filled. At that point I had a 10 contract Covered Call with the Strike Price of $51. The stock stayed above $51 and I was assigned on my 1000 shares. Since I bought the stock at the Strike Price I didn&#8217;t make money on the assignment. However, my premium for selling the Call was 50\u00a2, $500 on the 1000 shares, which is in my mattress.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">4\/10\/18 \u2013 Sell to Open 10 MU 4\/13\/18 $51.00 C @ 50\u00a2 (+$500)<\/p>\n<p style=\"text-align: center;\">4\/13\/18 \u2013 Expired 10 MU 3\/13\/18 $51.00 C<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong> Profit +$500<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">4\/11\/18 \u2013 Buy 1000 Shares MU @ $51.00<\/p>\n<p style=\"text-align: center;\">4\/13\/18 \u2013 Assigned 1000 Shares MU @ $51.00<\/p>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>\u00a0Profit $0<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<h4 style=\"text-align: center;\">Total Weekly Gain +$500<\/h4>\n<p>&nbsp;<\/p>\n<p>This week I&#8217;m going to make some <a href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=1218\"><span style=\"color: #0000ff;\">Grasshopper<\/span> <\/a>trades. These will be 1 contract Buy-Writes. I&#8217;ll be buying 100 shares of a stock and selling a 1 contract Call. This will be a great learning tool for Grasshoppers who don&#8217;t have a large amount of money to get started. Stay tuned!<\/p>\n<p>&nbsp;<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I continue to do a lower volume of trades due to the crazy volatile in the market, plus the few stocks I&#8217;m holding are lower than where I bought in. This week I only had 1 trade come to a conclusion. On 4\/10 I sold a 10 contract Naked Call on Micron (MU). With the [&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-4176","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\/p75MP0-15m","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4176","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=4176"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4176\/revisions"}],"predecessor-version":[{"id":4177,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4176\/revisions\/4177"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}