NEW UCPTD Trade Alert - CCW Trade Expired (shares taken)

All rights reserved - Core Position Trading, LLC - 2020
	NEW TRADE ALERT
Covered Call Trade Expired (shares taken)
DISCLAIMER: This trade is based on this date. I'm not suggesting a move up or down. I'm showing my trade that I have already done. I'm not recommending this stock as a purchase/trade. Think of it like this, I'm 'Showing you the World thru my Eyes'.
Covered Call position was closed
3M Corp.
TIME AND DATE STAMP | .		Friday, June 19, 2020
The Headline Krum! for this Final trade
TRADE KRUM!	DAYS	Cash on Cash %	Annualized
$3,850.96	33	5.27%	58.25%
3M shares finished at expiration above the strike price, shares were taken.
The trade idea and what was the expectation
IF you remember, I bought the stock at $133x, wrote a Covered Call thinking I would hold the stock thru the ex-date ... MMM jumped into the $150's and to collect the dividend I needed to ROLL this for a credit and I did ... I ADDED the Buy Back to my cost basis and with my shares being taken at $155 and the 2 CCW + the Div Capture, this is my profit for this 43 day trade ... not too bad if you ask me :)
Max Profit Projections for this trade
COMPANY	SYMBOL	SHARES	STOCK PRICE	STRIKE
3M Corp.	MMM	300	$149.24	$155.00
PREMIUM RECV	BUY BACK PRICE	DIFFERENCE	CASH PROFIT	CoC% GAIN
$2.10	$0.00	$2.10	$630.00	5.27%
Stock Appreciation for this trade
STOCK PRICE	DATE	SHARES	INVESTED	APPRECIATION
$142.90	Apr-27	300	$42,870.00	$3,630.00
Anyother Covered Calls while holding this position?
DATE	PREMIUM	SHARES	KRUM COLLECTED
May-15	$1.73	300	$519.00
I wrote a Covered Call back in March
How much Total Money did you make on this Trade?
STOCK MOVE	TOTAL PREMIUMS	DIVIDENDS	TOTAL PROFIT
$3,630.00	$4,369.96	$432.00	$8,431.96
CASH ON CASH PERCENTAGE GAIN FOR ENTIRE TRADE
DURATION	CASH ON CASH % GAIN		ANNUALIZED
43	19.67%		166.96%
Always like looking at the charts
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 - No - at the time of this posting I did not own the shares of this equity. and it probably means I've done a Cash Secured Put ... for which if this trade goes against me I *will* own these shares ... I risk my own money on this trade and am accountable for the trade results.
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