{"id":4231,"date":"2018-05-07T11:59:56","date_gmt":"2018-05-07T15:59:56","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4231"},"modified":"2018-05-07T11:59:56","modified_gmt":"2018-05-07T15:59:56","slug":"sold-2-netflix-calls","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4231","title":{"rendered":"Sold 2 Netflix Calls"},"content":{"rendered":"

\"\"<\/a>I own 300 shares of Netflix (NFLX). 100 are for my Gift Account<\/a><\/span> which I bought for $194.75. I have another 200 shares in my Trading Account; 100 I bought for $313.10 and the other 100 at $333.85. I just sold a 2 contract Call which is covered by the 200 shares in my Trading Account. With the stock up today to $328, I just sold 2 contracts of the NFLX 5\/11\/18 $337.50 Calls. I received a premium of $1.50 for a total of $300. I went out to $337.50 because I would rather not get assigned but if I do it’s not a big deal. I’ll make a nice profit on the shares I bought at $313.10 and I’d make a few hundred on the shares I bought at $333.85. Either way I’ll keep the $300 premium. This trade is a Covered Call on previously owned stock so it gets a Risk Factor 1<\/strong>.<\/p>\n

Sell to Open 2 NFLX 5\/11\/18 $337.50 C @ $1.50 (+$300)<\/h4>\n

 <\/p>\n

I just returned from Florida and Wednesday I’m going to Cancun for a week. I’ll on vacation but I’ll post as muck as I can. I’m getting my vacations in because on May 23rd I have to go in for shoulder surgery. I guess I played a little too much basketball in my life. I know a bunch of family and friends who had the surgery and I hear the recovery is no fun. Hoping to be out of the sling by the 4th of July. Wish me luck!<\/p>\n

I have 3 trades expiring this Friday. Should be a nice week! Maybe I can get my trip paid for.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

I own 300 shares of Netflix (NFLX). 100 are for my Gift Account which I bought for $194.75. I have another 200 shares in my Trading Account; 100 I bought for $313.10 and the other 100 at $333.85. I just sold a 2 contract Call which is covered by the 200 shares in my Trading […]<\/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-4231","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\/p75MP0-16f","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4231","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=4231"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4231\/revisions"}],"predecessor-version":[{"id":4232,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4231\/revisions\/4232"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}