{"id":4811,"date":"2019-03-26T09:25:10","date_gmt":"2019-03-26T13:25:10","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=4811"},"modified":"2019-03-26T09:25:13","modified_gmt":"2019-03-26T13:25:13","slug":"results-week-ending-3-22-19","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=4811","title":{"rendered":"Results Week Ending 3\/22\/19"},"content":{"rendered":"<p>I only had one trade come to an end this week. The stocks I&#8217;m holding are still moving nicely so I&#8217;m holding them for now. When I feel the stock will stop moving I&#8217;ll sell for some trading funds.<\/p>\n<p>On Thursday, 3\/21 I sold a 5 contract Call on 500 shares of Cree (CREE) I own. It was a Thursday so I went out to the following Friday, 3\/29. I received a premium of 80\u00a2 for $400. On Friday, 3\/22 Cree took a dip pushing the premium down. I was able to do a &#8220;Buy to Close&#8221; to get out of the position for 20\u00a2 or $100. It was a 1 day $300 profit. By doing this I locked in profit and I rid myself of the obligation of delivering the stock at the Strike Price of $60. If Cree moves up above $60 per share I will now get that stock gain.<\/p>\n<h4 style=\"text-align: center;\">3\/21\/19 &#8211; Sell to Open 5 CREE 3\/29\/19 $60 C @ 80\u00a2 (+$400)<\/h4>\n<h4 style=\"text-align: center;\">3\/22\/19 &#8211; Buy to Close 5 CREE 3\/29\/19 $60 C @ 20\u00a2 (-$100)<\/h4>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit $300<\/strong><\/span><\/h4>\n<p>I&#8217;ll watch to see what Cree does this week or I&#8217;ll sell another Call.<\/p>\n<h4 style=\"text-align: center;\">Total Weekly Gain +$300<\/h4>\n<p>If you have trouble understanding how these <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=446\">short positions<\/a><\/span> work send me an email.<\/p>\n<p>Steve<\/p>\n<p><em> The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I only had one trade come to an end this week. The stocks I&#8217;m holding are still moving nicely so I&#8217;m holding them for now. When I feel the stock will stop moving I&#8217;ll sell for some trading funds. On Thursday, 3\/21 I sold a 5 contract Call on 500 shares of Cree (CREE) I [&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-4811","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\/p75MP0-1fB","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4811","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=4811"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4811\/revisions"}],"predecessor-version":[{"id":4812,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4811\/revisions\/4812"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}