{"id":7829,"date":"2020-06-08T11:52:45","date_gmt":"2020-06-08T15:52:45","guid":{"rendered":"http:\/\/www.mainstbeatswallst.com\/?p=7829"},"modified":"2020-06-08T11:54:43","modified_gmt":"2020-06-08T15:54:43","slug":"out-of-my-oxy-naked-call","status":"publish","type":"post","link":"https:\/\/www.mainstbeatswallst.com\/?p=7829","title":{"rendered":"Out of My OXY Naked Call"},"content":{"rendered":"<p>For you who are watching <strong>Main Street beats Wall Street<\/strong> pretty closely you know I sold an OXY 10 contract Naked Call. I brought in a $1000 premium. I reported that if I could get out of the position with a $500 profit in an hour or 2 I would do a &#8220;Buy to Close&#8221;. I placed the &#8220;Buy to Close&#8221; with a premium of 50\u00a2 and I just got filled. The 2 trades are listed below and this position is closed. It took a little more than an hour and I&#8217;m out with a $500 profit. Great way to start the week!<\/p>\n<p style=\"text-align: center;\"><strong>Sell to Open 10 OXY 6\/12\/20 $27.00 C @ $1.00 (+$1000)<\/strong><\/p>\n<p style=\"text-align: center;\"><strong>Buy to Close 10 OXY 6\/12\/20 $27.00 C @ 50\u00a2 ($500) <\/strong><\/p>\n<h4 style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><strong>Profit +$500<\/strong><\/span><\/h4>\n<p>Once in a while I&#8217;ll make a Day Trade.<\/p>\n<p>This money is already in my mattress!<\/p>\n<p>Successful Trading,<\/p>\n<p>Steve<\/p>\n<p><em>The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For you who are watching Main Street beats Wall Street pretty closely you know I sold an OXY 10 contract Naked Call. I brought in a $1000 premium. I reported that if I could get out of the position with a $500 profit in an hour or 2 I would do a &#8220;Buy to Close&#8221;. [&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-7829","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\/p75MP0-22h","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7829","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=7829"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7829\/revisions"}],"predecessor-version":[{"id":7831,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/posts\/7829\/revisions\/7831"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}