{"id":7250,"date":"2020-02-21T10:58:36","date_gmt":"2020-02-21T15:58:36","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=7250"},"modified":"2021-01-02T22:29:47","modified_gmt":"2021-01-03T03:29:47","slug":"sold-gilead-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=7250","title":{"rendered":"Sold Gilead Call"},"content":{"rendered":"

\"\"<\/a>On 2\/10\/20 I bought 400 shares of Gilead Sciences (GILD) at $68.90. At that time I also sold a 4 contract Call for a premium of $1.25 for $500.<\/p>\n

I did not get assigned on this Covered Call so I still own the 400 shares.<\/p>\n

Today the stock is moving up on the coronavirus fear. With the stock up I was able to get another nice premium. I sold 4 Calls for a premium of $1.00 for $400<\/p>\n

Sell to Open 4 GILD 2\/28\/20 $69.00 C @ $1.00 (+$400)\u00a0<\/strong><\/h4>\n

Last week I received a premium of $1.25. For a stock I paid $68.90, this premium gave me a 1.8% return. Today my $1.00 premium gave me a 1.4% return. Both of these options are 1 week Calls. Both fit into my \u201c1 Week\/1%<\/a><\/span>\u201d strategy.<\/p>\n

As I write GILD is moving higher. Since GILD is one of the biggest anti-virus pharmaceutical companies I think the stock will do well for a while.<\/p>\n

This trade gets a Risk Factor 1<\/strong>.<\/p>\n

Successful Trading,<\/p>\n

Steve<\/p>\n

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

On 2\/10\/20 I bought 400 shares of Gilead Sciences (GILD) at $68.90. At that time I also sold a 4 contract Call for a premium of $1.25 for $500. I did not get assigned on this Covered Call so I still own the 400 shares. Today the stock is moving up on the coronavirus fear. […]<\/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-7250","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\/p75MP0-1SW","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7250","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=7250"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7250\/revisions"}],"predecessor-version":[{"id":9767,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7250\/revisions\/9767"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}