{"id":4599,"date":"2018-10-08T15:13:34","date_gmt":"2018-10-08T19:13:34","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4599"},"modified":"2018-10-08T15:13:34","modified_gmt":"2018-10-08T19:13:34","slug":"sold-2-netflix-calls-3","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4599","title":{"rendered":"Sold 2 Netflix Calls"},"content":{"rendered":"

Hi All,<\/p>\n

It’s been a while since I sent out a post. I really had a crazy busy 3 weeks. Last Saturday, Sept 29th, I had a big yearly party at my house. Preparing for the party caused a lot of stress and took a long time. Normally my house and back yard are ready because I use my yard often, but this year was a little different. A few months ago I had the shoulder surgery and I didn’t use the yard once this summer. I had the surgery in May and was in a sling the whole time when most people are doing summer yard work. Then the following Wednesday, Oct 3rd, I had a trip planned to Isla Mujeres, Mexico. Which I’m still here now. In the last few weeks, not only did I not have time to trade, but I didn’t even send out my week ending results. Well, I just made a trade from Mexico and trying to get back on track with Main Street beats Wall Street<\/strong>.<\/p>\n

The last weekly result I sent was week ending 9\/14\/18. Since I’m on vacation I don’t have time to write the weekly results from week ending 9\/21, 9\/28 and 10\/5. However, I will give you the results. If you want to look at the trades you can go to the Trade History 2018<\/a><\/span>. If you have any questions you can send me an email.<\/p>\n

Results Week Ending 9\/21\/18 was +$1550<\/strong><\/p>\n

Results Week Ending 9\/28\/18 was +$600<\/strong><\/p>\n

Results Week Ending 10\/5\/18 I made no trades<\/strong> this week.<\/p>\n

 <\/p>\n

\"\"<\/a>I just made my first trade in a while. The market has really been pulling back lately. I decided to take a chance and sell a Call against 200 of my Netflix (NFLX) shares. As Murphy’s Law would have it, as soon as I sold the Call the stark started moving up. That’s what happens when you try to trade when moving between the beach and the pool lol. Let’s see what happens. I wanted to sell this call in the case the stocks continue to go down. I sold 2 NFLX $352.50 Calls to expire this Friday. I received a $5 premium for $1000. Let’s see if I get assigned or not. Since I bought the stock at a high price, I hope not! I do own the 200 shares so this Covered Call gets a Risk Factor 1<\/strong>.<\/p>\n

Sell to Open 2 NFLX 10\/12\/18 $352.50 C @ $5 (+$1000)<\/h4>\n

 <\/p>\n

Isla Mujeres is a small island off the coast of Cancun. It’s a great place to relax. I am on Playa Norte. It’s the beach on the north end of the island.<\/p>\n

Let me get back to the pool. I’ll be back home and back to work is a few day.<\/p>\n

 <\/p>\n

Steve<\/p>\n

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

Hi All, It’s been a while since I sent out a post. I really had a crazy busy 3 weeks. Last Saturday, Sept 29th, I had a big yearly party at my house. Preparing for the party caused a lot of stress and took a long time. Normally my house and back yard are ready […]<\/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-4599","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\/p75MP0-1cb","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4599","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=4599"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4599\/revisions"}],"predecessor-version":[{"id":4600,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4599\/revisions\/4600"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4599"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4599"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4599"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}