| All rights reserved - Core Position Trading, LLC - 2020 | ||||
 | NEW TRADE ALERT | |||
| These Cash Secured Put positions expired (profit) | ||||
| 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'. | ||||
| Closed Cash Secured Put positions | ||||
| 2 OPTIONS EXPIRED | ||||
| TIME AND DATE STAMP | . | December 4, 2020 | |||
| My brief explanation of these trades | ||||
| Each trade below I highlight why I let them go to expiration | ||||
| CSP Option Expired - Premium Profit! (ACTUAL RESULT) | ||||
| SYMBOL | TYPE | CONTRACTS | Annualized | |
| DKNG | CSP | 10 |  | |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $1.50 | $0.00 | $1.50 | $1,498.96 | |
| This Draft Kings (DKNG) trade goes to expiration with me being assigned the shares @ $51 a share ... with DKNG trading around $50 I feel I can be assigned the shares and write a covered call above the $51 strike making more money. | ||||
| CSP Option Expired - Premium Profit! (ACTUAL RESULT) | ||||
| SYMBOL | TYPE | CONTRACTS | Annualized | |
| BABA | CSP | 1 |  | |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $15.92 | $0.00 | $15.92 | $1,590.96 | |
| Alibaba (BABA) continued to fall fall fall to where I really couldn't buy it back making a premium profit ... so I decided to be assigned the shares and bag this premium as profit ... now I need to sell some covered calls hoping I can dance with the devil selling premium under my $285 purchase price (not using my CSP prem as cost basis) we will see | ||||
| 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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