On 1\/13\/20 I bought 1000 shares of Micron (MU). Last week I sold a 10 contract Call for a $550 premium and wasn\u2019t assigned. I wanted to sell a Call yesterday but all stocks were down and I couldn\u2019t get a good premium. Today we\u2019re having a bit of a bounce back. With MU up about $1 and the stock at $56.40 I was just filled on a 10 contract Call. I sold the MU 1\/31\/20 $58 Call for a 40\u00a2 premium. There\u2019s only 3 and a half days left to the week so I settled for a little less of a premium, but $400 isn\u2019t bad.<\/p>\n
Sell to Open 10 MU 1\/31\/20 $58.00 C @ 40\u00a2 (+$400)<\/strong><\/p>\n It\u2019s not the 1% I look for with a 1 week trade but for just another 3 days to the week, I\u2019ll take it. Especially with the uncertainty with the health issue.<\/p>\n Watch for another trade. I\u2019ll be looking to sell a Call on my 200 Apple shares. Probably right before the close. They report earning today after the close and the premiums are high. Again, with the health issue I wouldn\u2019t mind getting assigned. If the earnings aren\u2019t great and the stock goes down, at least I grab a nice premium.<\/p>\n Successful trading,<\/p>\n Steve<\/p>\n The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" On 1\/13\/20 I bought 1000 shares of Micron (MU). Last week I sold a 10 contract Call for a $550 premium and wasn\u2019t assigned. I wanted to sell a Call yesterday but all stocks were down and I couldn\u2019t get a good premium. Today we\u2019re having a bit of a bounce back. With MU 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-7075","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\/p75MP0-1Q7","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7075","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=7075"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7075\/revisions"}],"predecessor-version":[{"id":9754,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7075\/revisions\/9754"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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