| All rights reserved - Core Position Trading, LLC - 2020 | ||||
 | NEW TRADE ALERT | |||
| Covered Call position was closed | ||||
| 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, September 4, 2020 | |||
| The Headline Premium Krum! for LAST trade | ||||
| PREMIUM | DAYS | Cash on Cash % | Annualized | |
| $628.96 | 30 | 1.35% | 16.47% | |
| This 3M (MMM) trade would have expired today in the money, shares taken ... but I wanted the cash to make another play today ... so I bought back this option (paid $6) the option had $6 R$ in it so when I SOLD the shares at $159.50 I make the entire don't give up ANY timevalue (TV) on this trade ... notice, I bought back this option but COULDN'T get out of the stock at $166 where the stock was trading... sold at $165.50 OR for the record ... $159.50 ... in the end the numbers ALL flush out ... still making a NICE CCW profit ... oh, I picked up the FAT $1.47 per shares dividend along the way :) | ||||
| The Stock Apprecation | ||||
| STOCK GAIN | DAYS | Bought back option, sold the shares ... read the write above for the exact details | ||
| $1,206.00 | 38 | |||
| How much Total Money did you make on this Trade? | ||||
| STOCK MOVE | TOTAL PREMIUMS | DIVIDENDS | TOTAL PROFIT | |
| $1,206.00 | $630.00 | $441.00 | $2,277.00 | |
| CASH ON CASH PERCENTAGE GAIN FOR ENTIRE TRADE | ||||
| DURATION | CASH ON CASH % GAIN | ANNUALIZED | ||
| 38 | 4.88% | 46.89% | ||
| 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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