{"id":7240,"date":"2020-02-19T11:54:50","date_gmt":"2020-02-19T16:54:50","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=7240"},"modified":"2021-01-02T22:51:14","modified_gmt":"2021-01-03T03:51:14","slug":"bought-micron-shares-wealth-builder-stock-hits-stop","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=7240","title":{"rendered":"Bought Micron Shares\/Wealth Builder Stock Hits Stop"},"content":{"rendered":"

The market is on the move again today. I had some money available in my account so I bought 500 of Micron (MU) at $59.25.<\/p>\n

Buy 500 Shares MU @ $59.25<\/strong><\/h4>\n

I also put in an order to sell a 5 contract Call. So far I was not filled on the order. I\u2019ll send an email as soon as I\u2019m filled. My order is to sell 5 MU $60 Calls to expire next Friday. I\u2019m going for a $1.25 premium but I might have to lower that, or wait it out. It\u2019s still early.<\/p>\n

\n

On 12\/30\/19 I bought 1000 shares of Washington Prime (WPG) at $3.56. I bought this position for my Double Dipping Portfolio<\/strong><\/a><\/span>. When I bought the stock the dividend was 28%. I set a Trailing Stop at 25%, which is $2.85. Today the stock hit $2.85 and my stock was sold. I bought at $3.56 and sold at $2.85 for a $710 loss. WPG is no longer in the Double Dipping Portfolio<\/strong> and is out of Wealth Builder. My recommendation for rating for this stock is SELL.<\/p>\n

Any position in Wealth Builder will not be listed in my Trading Account Weekly Results. These are long term positions, my weekly results are of my trading account. However, it will be part of my yearly results.<\/p>\n

\n

I bought 300 shares of NVIDIA yesterday and sold a 3 contract Call. I\u2019ll be making noice money on this trade but this position will defiantly have a huge Opportunity Lost. As I say all the time. You must stick to your plan and be disciplined. I have a plan which works well for me, but I would have made a lot more money if I didn\u2019t sell this Call. I will not let Opportunity Lost bother me, and I continue doing what I do. Being an options trader!<\/p>\n

Successful trading,<\/p>\n

Steve<\/p>\n

The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The market is on the move again today. I had some money available in my account so I bought 500 of Micron (MU) at $59.25. Buy 500 Shares MU @ $59.25 I also put in an order to sell a 5 contract Call. So far I was not filled on the order. I\u2019ll send an […]<\/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-7240","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\/p75MP0-1SM","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7240","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=7240"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7240\/revisions"}],"predecessor-version":[{"id":9777,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7240\/revisions\/9777"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}