NEW UCPTD Trade Alert - SIMO - 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
SIMO
TIME AND DATE STAMP | .		Friday, August 21, 2020
My brief explanation why trade ended
NOT HAPPY - but we deal ... SIMO has UNDER PERFORMED since I did all of my research and has slowly moved lower ... was going to PULL THE PLUG on this CSP and take the loss but got EARLY ASSIGNED so I decided ... here we go ... so with it trading some -7 pts lower it's time to work some magic and I will ... stay tuned as this will be an interesting ride to a GREEN trade.
The Headline Krum! (ACTUAL)
TRADE KRUM!	DAYS	Cash on Cash %	Annualized
$518.96	53	5.78%	N/A
Max Profit Projections for this trade (EXPECTATION)
COMPANY	SYMBOL	SHARES	PRICE	TOTAL COST
SIMO	SIMO	200	$45.00	$9,000.00
EXPIRATION DATE	DAYS	STRIKE	OPTION	CoC % GAIN
Aug-21	53	$45.00	$2.60	5.78%
DIVIDEND	DIVIDEND GAIN	OPTION GAIN	STOCK GAIN	TOTAL KRUM
N/A	N/A	$520.00	N/A	$520.00
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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