{"id":5606,"date":"2019-09-04T10:26:19","date_gmt":"2019-09-04T14:26:19","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=5606"},"modified":"2019-10-03T09:56:48","modified_gmt":"2019-10-03T13:56:48","slug":"back-in-the-game-with-micron-sold-a-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=5606","title":{"rendered":"Back in the Game With Micron. Sold a Call."},"content":{"rendered":"

\u00a0<\/p>\n

\"\"<\/a>I\u2019ve been idle with Micron (MU). Today I got a Call sold.<\/p>\n

On 7\/30\/19 I bought 1000 shares of MU at $47.15 and sold a 10 contract Call. In the middle of that option contract MU took a dip and I haven\u2019t been able to get a Call sold since. Today MU is up with the up market. With the stock at $46.95 I sold a 10 contract Call to expire next Friday, 9\/13. I received a premium of 75\u00a2 for $750. That is a 1.5% return on my investment of $47.15 per share. This trade fits into my \u201c1 Week\/1%<\/a><\/span>\u201d strategy.<\/p>\n

Sell to Open 10 MU 9\/13\/19 $48.00 C @ 75\u00a2 (+$750)<\/strong><\/h4>\n

As I write MU is still moving up. I might have jumped the gun a little with my Call. The premium on my Call went a little over $1. This happens! I\u2019m happy with my $750, especially with the market volatility. In times like these sometimes you have to pull the trigger and make sure you bring in money when the opportunity presents itself.<\/p>\n

I have this option until next Friday. If I get assigned I\u2019ll make $850 on the stock sale and keep the $750 premium. I would like to see the stock continue up above my Strike Price and get assigned.<\/p>\n

This trade is a Covered Call on previously owned stock so it gets a Risk Factor 1<\/strong>.<\/p>\n

\n

I bought 2000 shares of Snap yesterday. I\u2019m looking to get a Call sold but the stock isn\u2019t moving with the market. Let\u2019s see what happens.<\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a0 I\u2019ve been idle with Micron (MU). Today I got a Call sold. On 7\/30\/19 I bought 1000 shares of MU at $47.15 and sold a 10 contract Call. In the middle of that option contract MU took a dip and I haven\u2019t been able to get a Call sold since. Today MU is up […]<\/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-5606","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\/p75MP0-1sq","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5606","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=5606"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5606\/revisions"}],"predecessor-version":[{"id":5826,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5606\/revisions\/5826"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}