Several weeks ago I bought 1000 shares of Weight Watchers (WW). I\u2019ve been selling Calls since I bought. Today I sold another Call.<\/p>\n
I bought the stock on 3\/5\/19 at $22.00 per share. Since then I sold Calls 4 or 5 times. Each time I received at least a 1% premium. A little while ago I did it again. The Call I just sold will expire next Friday, 5\/3\/19. Eleven days away. I sold 10 contracts of the WW 5\/3\/19 $22 Call for a premium of 35\u00a2 for $350.<\/p>\n
I bought the stock at $22 and received a 35\u00a2 premium. That\u2019s a 1.5% return on my investment. It\u2019s not a 1 week trade but not bad for an 11 day trade. Weight Watchers reports earnings the day before expiration on 5\/2\/19. I hope they beat the street\u2019s expectations so I get assigned. I would like to move on from Weight Watchers.<\/p>\n
FYI Weight Watchers changed their ticker symbol from WTW to WW, and moved from the New York Stock Exchange to the NASDAQ.<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Several weeks ago I bought 1000 shares of Weight Watchers (WW). I\u2019ve been selling Calls since I bought. Today I sold another Call. I bought the stock on 3\/5\/19 at $22.00 per share. Since then I sold Calls 4 or 5 times. Each time I received at least a 1% premium. A little while ago […]<\/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-4975","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\/p75MP0-1if","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4975","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=4975"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4975\/revisions"}],"predecessor-version":[{"id":4993,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/4975\/revisions\/4993"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}