{"id":4468,"date":"2018-08-20T11:59:56","date_gmt":"2018-08-20T15:59:56","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4468"},"modified":"2018-08-20T11:59:56","modified_gmt":"2018-08-20T15:59:56","slug":"advanced-micro-devices-covered-call-3","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4468","title":{"rendered":"Advanced Micro Devices Covered Call"},"content":{"rendered":"

\"\"<\/a><\/p>\n

A few minutes ago I bought 1000 shares of Advanced Micro Devices (AMD) at $19.48. While I was watching the candlesticks chart I felt the stock was gonna start moving up. I got into the trade to make $500. If the stock gets to $20 I would jump out with my planned profit. Whenever I buy a stock I look at the Options Chain<\/a><\/span> to see what the Calls are selling for. I looked at the $20 Call to expire this Friday and they were going for 25\u00a2. I figured if I’m willing to sell my stock for $20 I might as well grab another $250 (25\u00a2 X 1000 shares). If the stock got to $20 I was gonna sell. Now, if the stock is at $20 this Friday I’ll get assigned, make my $500, plus, put another $250 in my mattress while selling my stock at my desired price. If this happens my profit will now be $750. If the stock never gets to $20 I’ll still keep the $250. This is a Covered Call on a very highly rated stock so it gets a Risk Factor 1<\/strong>. This trade fits into my “1 Week\/1%<\/a><\/span>” strategy. The Rate of Return<\/a><\/span> for the premium only is 1.2%. If I get assigned this Friday the Rate of Return for the Covered Call is 3.8%.<\/p>\n

 <\/p>\n

AMD Covered Call<\/strong><\/span><\/p>\n

Buy 1000 Shares AMD @ $19.48<\/p>\n

Sell to Open 10 AMD 8\/24\/18 $20.00 C @ 25\u00a2 (+$250)<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

A few minutes ago I bought 1000 shares of Advanced Micro Devices (AMD) at $19.48. While I was watching the candlesticks chart I felt the stock was gonna start moving up. I got into the trade to make $500. If the stock gets to $20 I would jump out with my planned profit. Whenever I […]<\/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-4468","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\/p75MP0-1a4","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4468","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=4468"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4468\/revisions"}],"predecessor-version":[{"id":4470,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4468\/revisions\/4470"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}