Sunday, November 1, 2020

UCPTD Monthly Trade Recap - October 2020

 

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DISCLAIMER: These trades I have already done. I'm not recommending these stocks as a purchase/trade. Think of it like this, I'm 'Showing you the World thru my Eyes'.
MONTHLY TRADE RECAP
UCPTD Monthly Trade Recap - October 2020
Using Covered Calls and Cash Secured Puts ONLY!
What constitutes a profit? Covered Call and Cash Secured Put premium and if I purchased a stock or ETF to use exclusively for the selling premium strategy and I sell the stock during the same timeframe for a profit and or if my shares are taken away from me at a profit. Simple as that - now let's break it down!
TRADESPROFITSWINNERSLOSERS
16$11,049.40142
My summary of the Month, Expectations and Results
October 2020 was a good one for me ... another month where I achieved my goal of $2,500 ... with my (2) losers being at the end of the month when the rest of the markets were selling off ... both losses being the DKNG CSP ... these losses will washout when my current CSP Nov trade closes ... but thats Nov, Oct takes the hit for now. Overall good month beating ALL expectations!
The Monthly Krums!
LegendSold StockCC PremiumCSP Premium
COMPANYSYMBOL% GAINDAYS$$$
WorkhorseWKHS10.41%7$287.96
UPROUPRO6.81%27$1,923.96
Redfin CorpRDFN2.04%20$200.00
Redfin CorpRDFN4.94%16$456.96
PENNPENN2.52%3$523.96
RocketMortRKT3.16%39$1,183.96
JP MorganJPM2.11%18$1,038.96
WorkhorseWKHS14.77%17$1,634.96
WorkhorseWKHS15.25%20$1,893.96
Redfin CorpRDFN4.94%24$685.96
Redfin CorpRDFN5.40%28$1,248.96
GoodRXGDRX7.39%14$1,108.96
GoodRxGDRX7.25%14$808.96
DraftKingsDKNG-8.47%28-$2,076.04
PENNPENN6.34%20$1,228.96
DraftKingsDKNG-5.51%4-$1,101.04
These trades are 100% closed - I may still own the shares$11,049.40
My thoughts on the Monthly Krums! (above)
Very positive beginning of the month and had I not taken that DKNG trade this would have been a CLEAN month with no 'L's ... but hey, it happens, we move on! ... but making this money in a month ... Wow, #blessed that I can do this and truly hope I can when in retirement too.
Expectation vs Actual
What am I seeing here? Did you lose this money? No, this is the money I expected to make when I place the trade. If the Actual money made is less than the Expectation then I bought back the option not making MAX profit as attended.
SYMBOLTYPEEXPECTATIONACTUAL
WKHSCCW$687.00$287.96
UPROCSP$1,923.96
RDFNBUY STOCK$200.00$200.00
RDFNCCW$1,208.00$456.96
PENNCCW$523.96$523.96
RKTCSP$1,183.96
JPMCCW$4,325.00$1,038.96
WKHSCCW$2,748.00$1,634.96
WKHSCCW$2,500.00$1,893.96
RDFNCCW$1,812.00$685.96
RDFNCCW$2,625.00$1,248.96
GDRXCSP
GDRXCCW$2,820.00$808.96
DKNGCSP-$2,076.04
PENNCCW$2,640.00$1,228.96
DKNGCSP-$1,101.04
My thoughts on the real results (above)
How can I complain ... to be making this money money monthly is pretty ridiculous and if I were in retirement making this ... I mean, its a true blessing if you ask me
Comparing over the years
These totals represent what I've made during this month of the year since I started selling premium
20202019201820172016
$11,049.40$1,938.59$7,516.84$5,980.56NO DATA
Final thoughts on this month as compared to the past (above)
More records being broken for me in 2020 as this is another all time high month for me ... last year I remember just having so much work at work I couldn't find the time and it shows ... $11,049 is amazing for even my year 2020 as its my 3rd highest tally for the year ... and we STILL have Nov and Dec coming. God Willing we keep this ROLLING!
THIS MONTHLY RECAP BREAKS DOWN ALL OF MY TRADES DURING THIS TIME PERIOD
Disclaimer - Yes - at the time of this posting I do have a position in one or more of these equities. 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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