{"id":7302,"date":"2020-03-04T16:17:17","date_gmt":"2020-03-04T21:17:17","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=7302"},"modified":"2021-01-02T22:46:22","modified_gmt":"2021-01-03T03:46:22","slug":"filled-on-a-netflix-covered-call-at-the-close","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=7302","title":{"rendered":"Filled on a Netflix Covered Call at the Close"},"content":{"rendered":"<p>I had an order in most of the day and I was filled right at the close.<\/p>\n<p>I bought 100 shares of Netflix (NFLX) at $381.60 and I put in an order to sell 1 contract of the 3\/6\/20 $385.00 Call. Going into the close the market shot up about another 300 points and the DOW closed at 1173. While it was making this pop I was filled on my Call.<\/p>\n<p style=\"text-align: center;\"><strong>Buy 100 Shares NFLX @ $381.60<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 1 NFLX 3\/6\/20 $385.00 C @ $5.50 (+$550)<\/strong><\/p>\n<p>Since I was filled at the close this is a 2 day trade. I received a $5.50 premium on a $381.60 stock. Thats a 1.4% return for a 2 day investment. If I get assigned I\u2019ll make another $340 on the stock sale.<\/p>\n<p>This is a Covered Call on a great stock so the trade gets a <strong>Risk Factor 1<\/strong>.<\/p>\n<p>Let\u2019s see what tomorrow brings with this wild market!<\/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 had an order in most of the day and I was filled right at the close. I bought 100 shares of Netflix (NFLX) at $381.60 and I put in an order to sell 1 contract of the 3\/6\/20 $385.00 Call. Going into the close the market shot up about another 300 points and the [&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-7302","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\/p75MP0-1TM","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7302","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=7302"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7302\/revisions"}],"predecessor-version":[{"id":9775,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7302\/revisions\/9775"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}