{"id":5203,"date":"2019-07-11T13:45:23","date_gmt":"2019-07-11T17:45:23","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=5203"},"modified":"2019-07-11T13:45:30","modified_gmt":"2019-07-11T17:45:30","slug":"bought-3-apple-leaps","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=5203","title":{"rendered":"Bought 3 Apple LEAPS"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk2-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1551\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1551\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk2-1.png?fit=75%2C87&amp;ssl=1\" data-orig-size=\"75,87\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Risk2\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk2-1.png?fit=75%2C87&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk2-1.png?fit=75%2C87&amp;ssl=1\" class=\" wp-image-1551 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk2-1.png?resize=98%2C114\" alt=\"\" width=\"98\" height=\"114\" \/><\/a>Today I sold 50 shares of Apple (AAPL). I&#8217;m not sure what the profit is but I did sell at a profit. I&#8217;ve been buying AAPL 5 and 10 shares at a time for a long time and accumulated 150 shares. I bought the shares at all different prices ranging from $153 per share and $207 per share. Today I sold the 50 shares at $203. With this sale I brought $10,150 of available funds into my account. With this money I bought (3) 6\/19\/202 $205.00 LEAP Calls for a premium $19. I sold 50 shares and I&#8217;m now in control of 300 shares of AAPL until June 19, 2020. This option cost me $5700. I&#8217;m now in control of many more shares, and I have more available cash in my account. If AAPL goes up, with my 3 contracts, I&#8217;ll make more money with this option than when I had the 50 shares. And this option will not expire any time soon.<\/p>\n<h4 style=\"text-align: center;\">Buy to Open 3 AAPL 6\/19\/20 $205.00 C @ $19.00 ($5700)<\/h4>\n<p>I did buy an option and buying options can be very dangerous. However, this is a LEAP (long term option), which is a very safe way to buy options. I give this trade a <strong>Risk Factor 2<\/strong>.<\/p>\n<p>I still own 100 shares of AAPL stock which will be used as gifts and remain in my &#8220;Gift Account.&#8221;<\/p>\n<p>I will be writing about buying options very soon.<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today I sold 50 shares of Apple (AAPL). I&#8217;m not sure what the profit is but I did sell at a profit. I&#8217;ve been buying AAPL 5 and 10 shares at a time for a long time and accumulated 150 shares. I bought the shares at all different prices ranging from $153 per share and [&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-5203","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\/p75MP0-1lV","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5203","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=5203"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5203\/revisions"}],"predecessor-version":[{"id":5204,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5203\/revisions\/5204"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}