Sold 10 AMD Calls<\/a>.<\/p>\nAfter reading that you can see I already own 1000 shares of AMD to make this a Covered Call. But, I don\u2019t want to use those shares to cover this Call because I bought them at $30.95 and with this Call I used a Strike Price of $30. If I was assigned I would lose money (95\u00a2) on the stock sale. I purposely left money available in my account in the case AMD started moving. I wanted to be able to buy another 1000 shares at a price lower than $30 so I won\u2019t lose money on a stock assignment. Now, I\u2019ll actually make money if assigned. I really wanted to leave this position without buying more stock in the hopes that the stock won\u2019t hit $30.<\/p>\n
Well, this morning AMD announced a new graphic product that they feel will be a big hit. This morning with the stock on the move I placed a \u201cStop Buy Order\u201d at $29.35. I placed the order with the stock at $29.20, up about 25\u00a2. I placed it at $29.35 because I didn\u2019t want to buy the stock unless it was gonna continue moving up. The stock did continue up and when it hit $29.35 I was filled.<\/p>\n
Buy 1000 Shares AMD @ $29.35<\/strong><\/p>\nNow I hope AMD continues up for the week and I get assigned.<\/p>\n
\nI also have an order in to sell a 10 contract Call on my shares of Dish Network (DISH). I was hoping I\u2019d be filled so I could include the report in this email but as I\u2019m writing I haven\u2019t been filled yet. I\u2019ll keep you informed.<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"I just bought 1000 shares of Advanced Micro Devices (AMD) to cover my Call. You probably read that I sold a 10 contract Call on AMD on Friday. If you didn\u2019t you can read about it hear, Sold 10 AMD Calls. After reading that you can see I already own 1000 shares of AMD to […]<\/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-5869","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\/p75MP0-1wF","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5869","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=5869"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5869\/revisions"}],"predecessor-version":[{"id":6498,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/5869\/revisions\/6498"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}