Hi Readers, I know it’s been a long time. Besides being very busy with the high school basketball season upon us, the stock market had a record breaking October. And not in a good way! The amount of records broken are many so I won’t get into all of them. But it’s the worse October in over 10 years. Let’s see what November brings.<\/p>\n
I just made my 1st trade is about a month. I did a Buy-write with 100 shares of Netflix. I decided to get back in slow with a high priced Grasshopper trade. Let’s face it, Netflix is a high priced stock, even if it’s only 100 shares. I bought 100 shares of NFLX for $316.80 and sold a 1 contract $320 Call to expire tomorrow. I received a $3.41 premium for a total premium of $341. If I get assigned I’ll make another $300 on the stock. I think it’s a good trade to get back in the game with. It would be nice to make $600 is a day and a half!<\/p>\n
Netflix Buy-write<\/strong><\/span><\/p>\n Buy 100 Shares NFLX @ $316,80<\/p>\n Sell to Open 1 NFLX $320.00 11\/2\/18 C @ $3.41 (+$341.00)<\/p>\n This is a Covered Call on a very highly rayed stock so this trade gets a Risk Factor 1<\/strong>.<\/p>\n <\/p>\n It’s good to be back!<\/p>\n <\/p>\n Steve<\/p>\n The Options Coach<\/p>\n","protected":false},"excerpt":{"rendered":" Hi Readers, I know it’s been a long time. Besides being very busy with the high school basketball season upon us, the stock market had a record breaking October. And not in a good way! The amount of records broken are many so I won’t get into all of them. But it’s the worse October […]<\/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-4615","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\/p75MP0-1cr","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4615","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=4615"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4615\/revisions"}],"predecessor-version":[{"id":4616,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4615\/revisions\/4616"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}