{"id":5375,"date":"2019-07-29T14:46:36","date_gmt":"2019-07-29T18:46:36","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=5375"},"modified":"2019-08-09T10:07:51","modified_gmt":"2019-08-09T14:07:51","slug":"bought-a-10-contract-call-with-micron","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=5375","title":{"rendered":"Bought a 10 Contract Call With Micron"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1552\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1552\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?fit=75%2C88&amp;ssl=1\" data-orig-size=\"75,88\" 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=\"Risk3\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?fit=75%2C88&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?fit=75%2C88&amp;ssl=1\" class=\" wp-image-1552 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?resize=96%2C113\" alt=\"\" width=\"96\" height=\"113\" \/><\/a>With the NASDAQ trying to fight back today, and Micron (MU) down, I just bought a 10 contract Call.<\/p>\n<p>I\u2019m already in and out of a Call with Nvidia (NVDA) today. Micron, which is a very strong stock, is trying to fight it\u2019s way back to even on the day. It\u2019s already up $1 from it\u2019s low on the day. With the stock at $46.70 I sold a 10 contract Call which will not expire until 1\/17\/20. No way do I plan on holding on that long. In fact I hope to be out by the end of the day, or tomorrow, with a 50\u00a2 profit. When it comes to buying options you will realize I like to go out on the Expiration Date. In the case I have to hold on to the position for a while I\u2019ll be less exposed to Time Decay. If I go with a shorter time frame the Time Decay will start to eat away at my option immediately. The longer term option gives me some protection.<\/p>\n<p style=\"text-align: center;\"><strong>Buy to Open 10 MU 1\/17\/20 $47.00 C @ $5.60 ($5600)\u00a0<\/strong><\/p>\n<p>This is a long option but it\u2019s a hot stock, and I went out 6 months on the Expiration Date, so I give it a <strong>Risk Factor 3<\/strong>.<\/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>With the NASDAQ trying to fight back today, and Micron (MU) down, I just bought a 10 contract Call. I\u2019m already in and out of a Call with Nvidia (NVDA) today. Micron, which is a very strong stock, is trying to fight it\u2019s way back to even on the day. It\u2019s already up $1 from [&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-5375","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\/p75MP0-1oH","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5375","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=5375"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5375\/revisions"}],"predecessor-version":[{"id":5468,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5375\/revisions\/5468"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}