NEW UCPTD Trade Alert - PINS - CSP Trade Expired (assigned shares)

All rights reserved - Core Position Trading, LLC - 2020
	NEW TRADE ALERT
Update - a Cash Secured Put position was closed (assigned shares)
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'.
Update - a Cash Secured Put position was closed on
Pinterest Inc.
TIME AND DATE STAMP | .		Monday, August 10, 2020
My brief explanation why trade ended
Simple here ... PINS CSP went to expire, was assigned the shares which completes the first step of my wheel trade with PINS ... now we wake up Monday and write a covered call ... might do a weekly, maybe a 30 day.
The Headline Krum! (ACTUAL)
TRADE KRUM!	DAYS	Cash on Cash %	Annualized
$1,418.96	4	3.94%	N/A
Max Profit Projections for this trade (EXPECTATION)
COMPANY	SYMBOL	SHARES	PRICE	TOTAL COST
Pinterest Inc.	PINS	1000	$40.80	$7,980.00
EXPIRATION DATE	DAYS	STRIKE	OPTION	CoC % GAIN
Aug-14	4	$36.00	$1.42	3.94%
DIVIDEND	DIVIDEND GAIN	OPTION GAIN	STOCK GAIN	TOTAL KRUM
N/A	N/A	$1,420.00	N/A	$1,420.00
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 performance. I have risked my own money and am accountable for the trade results.
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