{"id":6070,"date":"2019-10-28T13:31:30","date_gmt":"2019-10-28T17:31:30","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=6070"},"modified":"2019-11-30T18:43:06","modified_gmt":"2019-11-30T23:43:06","slug":"bought-microsoft-long-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=6070","title":{"rendered":"Bought Microsoft Long Call"},"content":{"rendered":"<p><a href=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png\"><img 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=\"size-full wp-image-1552 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?zoom=2&amp;resize=75%2C88\" srcset=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?zoom=2&amp;resize=75%2C88\" alt=\"\" width=\"75\" height=\"88\" data-attachment-id=\"1552\" data-permalink=\"http:\/\/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\" 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-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?fit=75%2C88\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?fit=75%2C88\" data-recalc-dims=\"1\" \/><\/a>With the market on a roll and Microsoft (MSFT) a very hot stock, I bought 10 of the stocks Calls.<\/p>\n<p>MSFT has been on an upward trend for years now. It\u2019s one of the best stocks to own! I\u2019ll be writing more about MSFT when I get my <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=5991\">Wealth Builder<\/a> <\/span>section going. For right now I\u2019m reporting that I bought 10 contracts of the MSFT 1\/17\/20 $145 Calls @ $4.50.<\/p>\n<p style=\"text-align: center;\"><strong>Buy to Open 10 MSFT 1\/17\/20 $145.00 C @ $4.50 ($4500)<\/strong><\/p>\n<p>This Call expires in January but I plan on holding for about a month or until I\u2019m up 25%. That would be a profit of $1125. To do this my premium will have to go up from $4.50 to $5.62. Let\u2019s watch and see how MSFT does. This is a Long Call Option, which are risky, so I give this trade a <strong>Risk Factor 3<\/strong>. If I went with a closer Expiration Date it would have been a Risk Factor 4 or 5 because of <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=444\">Time Decay<\/a><\/span>.<\/p>\n<p>I had a feeling I\u2019d get another trade in lol. But this is the only trade I made today that doesn\u2019t expire today. This will be longer term.<\/p>\n<p>I also have an order to sell a Call on Square. I\u2019ll let you know what happens. I\u2019m going for a premium of 50\u00a2 but I might have to lower it to 45\u00a2 if I decide I really want it.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the market on a roll and Microsoft (MSFT) a very hot stock, I bought 10 of the stocks Calls. MSFT has been on an upward trend for years now. It\u2019s one of the best stocks to own! I\u2019ll be writing more about MSFT when I get my Wealth Builder section going. For right now [&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-6070","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\/p75MP0-1zU","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6070","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=6070"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6070\/revisions"}],"predecessor-version":[{"id":6514,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6070\/revisions\/6514"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}