{"id":5315,"date":"2019-07-19T11:34:22","date_gmt":"2019-07-19T15:34:22","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=5315"},"modified":"2019-07-19T11:34:22","modified_gmt":"2019-07-19T15:34:22","slug":"sold-10-micron-calls-4","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=5315","title":{"rendered":"Sold 10 Micron Calls"},"content":{"rendered":"<p>I&#8217;m moving and shaking today. I&#8217;m getting ready to hop in the car to drive to Boston, but had to get a trade in. lol. Right now I&#8217;ll be short but I have some writing to do on a trade I made yesterday. I&#8217;ll get that done within the next few hours. If you look at my <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=191\">Active Positions<\/a><\/span> you&#8217;ll see a position named &#8220;<strong>Diagonal Bull Call Spread<\/strong>.&#8221; It&#8217;s not that complicated but it will take some explanation. This Diagonal Bull Call Spread was done with Micron (MU).<\/p>\n<p>\u00a0<\/p>\n<p>The trade I just made as I&#8217;m getting ready to leave my house is a Naked Call, also with MU. I sold 10 contracts of the \u00a0$46 Call to expire next Friday. I received a premium of 60\u00a2 for $600. It is Naked at the moment but I plan on covering next week if needed. With MU being such a hot stock, I&#8217;m going to place a &#8220;Buy Stop Limit&#8221; order now because I&#8217;ll be away from my computer for a while. I&#8217;ll place the buy order at $45.80 but I don&#8217;t think it will hit that today. I&#8217;ll place it for protection in the case of a big pop going into the weekend.<\/p>\n<p>\u00a0<\/p>\n<h4 style=\"text-align: center;\"><strong>Sell to Open 10 MU 7\/26\/19 $46.00 C @ 60\u00a2 (+$600)<\/strong><\/h4>\n<p>\u00a0<\/p>\n<p>I&#8217;ll be writing about my Diagonal Bull Call Spread in a little while from the car. I guess my wife&#8217;s gonna have to do some driving. lol<\/p>\n<p>\u00a0<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&#8217;m moving and shaking today. I&#8217;m getting ready to hop in the car to drive to Boston, but had to get a trade in. lol. Right now I&#8217;ll be short but I have some writing to do on a trade I made yesterday. I&#8217;ll get that done within the next few hours. If you look [&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-5315","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\/p75MP0-1nJ","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5315","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=5315"}],"version-history":[{"count":1,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5315\/revisions"}],"predecessor-version":[{"id":5316,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5315\/revisions\/5316"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}