NEW UCPTD Trade Alert - Option Buy Back - ROKU - Covered Call

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	NEW TRADE ALERT
	Wednesday, May 13, 2020
	Covered Call Option Buy Back
	Closed a position with ROKU (ROKU) this week
ORIGINAL TRADE	TRADE KRUM! (see details below)		DAYS	Cash on Cash %	Annualized
	$623.96		7	4.89%	N/A
	The trade results and did it meet expectations?
	Markets might be turning over ... not totally sure but I do know with over 3+ weeks on this ROKU CCW and the option falling to under 50%... I take this krum off the board and to be honest, sit on my hands for now ... last week we had a number of 300pt UP days ... I think this week we give that back as the markets truly trade sideways ... I will reboot this strategy as it becomes clearer on where this market goes. For now, this is a BAGGED $623 KRUM that adds to profits for the year ...
	ORIGINAL TRADE BREAKDOWN
	DATE	COMPANY	SYMBOL	SHARES	STOCK WAS
	May-6	ROKU	ROKU	100	$127.62
	STRIKE	EXPIRATION	PREMIUM RECV	CONTRACTS	CoC % ROO
	$130.00	Jun-5	$11.25	1	4.89%
BUY BACK	WHY DID I BUY THIS OPTION BACK?
	read above on this one
	RESULTS FROM THE OPTION BUY BACK
	SYMBOL	WHEN STOCK WAS TRADING @ ~			CASH PROFIT
	ROKU	$127.62			$623.96
	PREMIUM RECV	BUY BACK PRICE	REAL $ ?	DIFFERENCE / TV $	CoC% GAIN
	$11.25	$5.00	$0.00		N/A
	Always look at a company's 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 performance. I have risked my own money and am accountable for the trade results.
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