Monday, July 13, 2020

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
ROKU
TIME AND DATE STAMP | .Friday, July 10, 2020
The Headline Krum! for this Final trade
TRADE KRUM!DAYSCash on Cash %Annualized
$1,887.963313.53%149.65%
These 100 shares of ROKU finished at expiration above the strike price, shares were taken.
The trade idea and what was the expectation
These 100 shares of ROKU expired ABOVE my $120 strike ... ROKU has been a Premium producers since Decemeber and although these shares have been taken ... ROKU might find itself in my selling premium portfolio again ... will take this money and buy another stock for now ... but this ends up being a good trade since Dec 2019


Max Profit Projections for this trade
COMPANYSYMBOLSHARESSTOCK PRICESTRIKE
ROKUROKU100$109.31$120.00
PREMIUM RECVBUY BACK PRICEDIFFERENCECASH PROFITCoC% GAIN
$4.10$0.00$4.10$410.0013.53%


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 - 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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