NEW UCPTD Trade Alert - Option Buy Back - ROKU - CCW

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NEW TRADE ALERT
Friday, December 13, 2019
Covered Call Option Buy Back
Closed a Covered Call position with ROKU Inc. (ROKU) this week
Brief Description of WHY I did this trade and my expectations for it
I know I could have waited and this $6.00 option would have probably fallen more with the way ROKU is acting these days ... but I figured IF ROKU gets a push higher after falling over the past couple days under my stock purchase price I might be able to catch another credit if it pops above. So I pocket $4.50 per share now in this 10 day period in the hopes it'll give me some green days for the chance to write one later.
Trade Breakdown with the BUY BACK Calc
COMPANY	SYMBOL	SHARES	STOCK PRICE	STRIKE
ROKU Inc.	ROKU!	100	$143.25	$150.00
PREMIUM RECV	BUY BACK PRICE	DIFFERENCE	CASH PROFIT	CoC% GAIN
$6.00	$1.50	$4.50	$450.00	3.14%
Always look at a companies chart ... it tells a story and that story could be UP or DOWN
Education Corner Great Covered Call video posted at Covered Call - Description - A covered call is a financial market transaction in which the seller of call options owns the corresponding amount of the underlying instrument, such as shares of a stock or other securities. ... writing (i.e. selling) a call generates income in the form of the premium paid by the option buyer. Source - https://en.wikipedia.org/wiki/Covered_call Disclaimer - Yes - at the time of this posting I do have a position in this equity. By posting this I am by no means recommending this equity and am not front running for its preformance. I have risked my own money and am accountable for the trade results. Image credits - stockcharts.com | barchart.com | foolcdn.com | yahoo.com | earningswhispers.com | and me :) © 2019 Core Position Trading, LLC and the CPT Dashboard - All Rights Reserved Disclaimer