{"id":6099,"date":"2019-11-01T14:02:32","date_gmt":"2019-11-01T18:02:32","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=6099"},"modified":"2020-02-11T12:30:24","modified_gmt":"2020-02-11T17:30:24","slug":"i-have-2-trades-to-report","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=6099","title":{"rendered":"I have 2 Trades to Report"},"content":{"rendered":"<p>I have 2 trades to report, 1 with Marvel (MRVL) and the other with U.S. Steel (X).<\/p>\n<p><a href=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1635\" data-permalink=\"https:\/\/www.mainstbeatswallst.com\/?attachment_id=1635\" data-orig-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-orig-size=\"75,90\" 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=\"Risk1\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90&amp;ssl=1\" class=\" wp-image-1635 alignleft\" src=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?zoom=2&amp;resize=83%2C100\" srcset=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?zoom=2&amp;resize=83%2C100\" alt=\"\" width=\"83\" height=\"100\" data-attachment-id=\"1635\" data-permalink=\"http:\/\/www.mainstbeatswallst.com\/?attachment_id=1635\" data-orig-file=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90\" data-orig-size=\"75,90\" 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=\"Risk1\" data-image-description=\"\" data-medium-file=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90\" data-large-file=\"https:\/\/i1.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk1-1.png?fit=75%2C90\" data-recalc-dims=\"1\" \/><\/a>I am very high on Marvel. I own 1000 shares at $24.99 and I own a 10 contract Long Call which will not expire until 2022. I plan on holding it for at least a year.<\/p>\n<p>I\u2019m not sure if MRVL is ready to make a big move yet. It might take until 5G kicks into high gear in 2020. When it does I\u2019ll be holding my Long Calls. When it comes to owning the stock, at this point, I\u2019ll probably own shares constantly, but I\u2019ll be selling Calls against them. As I get assigned I\u2019ll buy more shares and sell more Calls. I\u2019m gonna look at MRVL as a money stream for a few years.<\/p>\n<p>Against my 1000 shares I just sold a 10 contract Call to expire next Friday. I sold 10 11\/8\/19 $25 Calls. If assigned I\u2019ll only make 1\u00a2 on the stock sale but I received a 45\u00a2 premium. Thats a 1.8% return in 1 week.<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 MRVL 11\/8\/19 $25.00 C @ 45\u00a2 (+$450)<\/strong><\/p>\n<p>With a 1.8% return in 1 week this trade falls under my \u201c<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=422\">1 Week\/1%<\/a><\/span>\u201d strategy. Also, this is a Covered Call on one of my favorite stocks so it gets a <strong>Risk Factor 1<\/strong>.<\/p>\n<hr \/>\n<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=\" wp-image-1552 alignleft\" src=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?zoom=2&amp;resize=79%2C93\" srcset=\"https:\/\/i0.wp.com\/www.mainstbeatswallst.com\/wp-content\/uploads\/2016\/05\/Risk3-1.png?zoom=2&amp;resize=79%2C93\" alt=\"\" width=\"79\" height=\"93\" 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>My second trade involves U.S. Steel (X). X has a lot of unusual activity and the stock is up over 15% today on a positive earnings report. I did an<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"http:\/\/www.mainstbeatswallst.com\/?page_id=304\"> At-the-Money<\/a><\/span> Buy-Write. I bought 1000 shares of the stock at $13.50 and sold 10 contracts of the 13.50 Calls to expire next Friday.<\/p>\n<p style=\"text-align: center;\">U.S. Steel \u2013 Buy-Write<\/p>\n<p style=\"text-align: center;\"><strong>Buy 1000 Shares X @ $13.50<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 X 11\/8\/19 $13.50 C @ 45\u00a2 (+$450)<\/strong><\/p>\n<p>I was thinking of selling a Naked Call. I hope I didn\u2019t make a mistake by buying the stock. But it\u2019s tough to sell a Naked Call on a hot stock with a nice earnings report. My fear is that the stock moves down and I\u2019m stuck in it for a while. For that reason I give this trade a <strong>Risk Factor 3<\/strong>.<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have 2 trades to report, 1 with Marvel (MRVL) and the other with U.S. Steel (X). I am very high on Marvel. I own 1000 shares at $24.99 and I own a 10 contract Long Call which will not expire until 2022. I plan on holding it for at least a year. I\u2019m not [&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-6099","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\/p75MP0-1An","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6099","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=6099"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6099\/revisions"}],"predecessor-version":[{"id":7172,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/6099\/revisions\/7172"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}