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
UPRO
TIME AND DATE STAMP | .		Friday, July 17, 2020
The Headline Premium Krum! for LAST trade
PREMIUM	DAYS	Cash on Cash %	Annualized
$998.96	7	5.46%	284.86%
These 100 shares of UPRO finished at expiration above the strike price, shares were taken.
The Stock Apprecation
STOCK GAIN	DAYS	I used this shares for multible covered calls
$750.00	43

The trade idea and what was the expectation

These 1000 shares of UPRO expired ABOVE my $49 strike ... I say goodbye to these shares that I purchased way back on Jun 4th ... I probably sold 4 or 5 weekly calls and have made this trade really profitable ... all detailed below.

Max Profit Projections for this trade
COMPANY	SYMBOL	SHARES	STOCK PRICE	STRIKE
UPRO	UPRO	1000	$47.41	$49.00
PREMIUM RECV	BUY BACK PRICE	DIFFERENCE	CASH PROFIT	CoC% GAIN
$1.00	$0.00	$1.00	$1,000.00	5.46%
Stock Appreciation for this trade
STOCK PRICE	DATE	SHARES	INVESTED	APPRECIATION
$48.25	Jun-4	1000	$48,250.00	$750.00
Anyother Covered Calls while holding this position?
DATE	PREMIUM	SHARES	KRUMS COLLECTED
Jun-4	$1.40	1000	$1,298.96
Jun-15	$0.70	1000	$698.96
Jun-22	$1.00	1000	$998.96
Jun-29	$0.45	1000	-$1,551.04
Jul-6	$1.15	1000	$548.96
Jul-10	$1.00	1000	$998.96
			$2,993.76
How much Total Money did you make on this Trade?
STOCK MOVE	TOTAL PREMIUMS	DIVIDENDS	TOTAL PROFIT
$750.00	$2,993.76	$0.00	$3,743.76
CASH ON CASH PERCENTAGE GAIN FOR ENTIRE TRADE
DURATION	CASH ON CASH % GAIN		ANNUALIZED
43	7.76%		65.86%
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.
Remember, the content of this site is for informational and educational purposes only. If you invest using information contained here, do so at your own risk. Please read the full disclaimer posted below and visit cptdashboard.com for my privacy policy.
Image credits - stockcharts.com | barchart.com | foolcdn.com | yahoo.com | earningswhispers.com
© 2020 Core Position Trading, LLC and the CPT Dashboard - All Rights Reserved				Disclaimer