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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 - February 2021 |
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| 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! |
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| TRADES | PROFITS | WINNERS | LOSERS |
| 12 | $23,027.00 | 12 | 0 |
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| My summary of the Month, Expectations and Results |
| February 2021 breaks another record for me in Selling Premium ... I really can't tell you that I'm doing anything different then I did in 2019, 2018, so on ... outside of the $1,000 Weekly Challenges which are juicing my results ... everything else has been "I do what I do" ... this month even made me sit back and say ... God Willing, I CAN DO THIS! for retirement income! Selling Premium is my Stock Market BLESSING! ... as others chase hopes and dreams YOLO plays ... I just keep chugging along and I LOVE IT! |
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| PROFIT BREAKDOWN (Stock & Premium) |
| HOW MUCH TOTAL CAPITOL WAS USED? |
| Explanation of Total Capital Used ... every trade ties up capitol ... if I do a CSP I have to set aside that amount of money ... that trade has a capital requirement ... it gets logged. If I bought a stock and wrote a Covered Call ... that trade has a capital requirement and it gets logged ... so all of these trades equaled a Total Capital Requirement of what's below |
| $525,415.00 |
| Wait, you always say you use $225,000 yet this number can be higher? ... Yes ... remember, I chipped off about ~$225,000 to buy the stocks I use ... sometimes I have $225k worth of stocks, sometimes I do not ... this is purchased stocks. The number above represents many Selling Premium trades using the SAME STOCK .. so I didn't use more ... |
| STOCK + DIVIDEND PROFIT | PREMIUM PROFIT |
| $0.00 | $23,027.00 |
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| BREAKDOWN OF THE MONEY INVESTED FOR THE MONTH |
| THIS AREA IS PREMIUM +/- ONLY --- (STOCK +/- LISTED BELOW) |
| USED THIS MANY STOCKS | MONTH CASH ON CASH % |
| 5 | 4.38% |
| COMPANY | SYMBOL | % GAIN | TOTAL $$$ GAINS |
| DraftKings | DKNG | 2.69% | $1,460.00 |
| Pinterest Inc | PINS | 9.29% | $3,320.00 |
| Pinterest Inc | PINS | 9.63% | $3,250.00 |
| Pinterest Inc | PINS | 2.37% | $1,850.00 |
| Intel Corp | INTC | 2.15% | $615.00 |
| Rocket Group | RKT | 5.58% | $2,120.00 |
| Zillow Group | ZG | 6.83% | $2,050.00 |
| Draft Kings | DKNG | 3.28% | $1,950.00 |
| Visa | V | 3.61% | $712.00 |
| Workhorse Group | WKHS | 7.79% | $1,870.00 |
| Draft Kings | DKNG | 3.79% | $3,465.00 |
| Bristol Myers | BMY | 1.13% | $365.00 |
| These trades are 100% closed - I may still own the shares | $23,027.00 |
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| My thoughts on the Monthly Krums! (above) |
| Nice month as I achieved my goal of +$2,500 a month ... it's always a good feeling when you can set goals and reach them ... I know these days I should INCREASE my monthly goal from $2,500 to something higher but remember, can I make real money in retirement ... $2,500 + social security would probably give me a budget of the kind of money needed to live a good life in retirement WITHOUT working ... so I keep this goal and try to beat it every month! |
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| Premium Profit / Loss and $$$ invested |
| Below are all the Premiums, Money Invested and Cash On Cash % gains or losses ... also the contracts used to obtain these results |
| COMPANY | TYPE | CONT/SHRS | MONEY INVESTED |
| DKNG | CCW | 1000 | $54,300.00 |
| [TRADE IDEA: CCW - Trying to keep this $57 strike rolling ... closed out last week's by giving back 0.06 cents so I could then sell next week's CCW ... another $1,400+ in the bank, $57 strike and remember, my cost basis is $55 as thes shares were assigned to me 2 weeks ago at $55] > [ CLOSE OUT TRADE: As this trade is ending today (Jan-29) and I can buy back this one now and sell next weeks for about $1.30 ... same strike ... so this is why Im doing this ... havent done it yet but this is the plan for the early buy back vs letting it expire worthless.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-29 |
| PINS | CSP | 500 | $35,750.00 |
| [TRADE IDEA: CCW - Trying to keep this $57 strike rolling ... closed out last week's by giving back 0.06 cents so I could then sell next week's CCW ... another $1,400+ in the bank, $57 strike and remember, my cost basis is $55 as thes shares were assigned to me 2 weeks ago at $55] > [ CLOSE OUT TRADE: With PINS trading way over $68.. just paid the 0.03 cents to clear the trade and mayibe dial up another before the day is done] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-8 |
| PINS | CSP | 500 | $33,750.00 |
| [TRADE IDEA: CSP - CSP #1 on PINS - I want to actually own the shares ... decided to sell a CSP for premium and have hopes that I will be assigned later ... if not, will take premium and move on.] > [ CLOSE OUT TRADE: TYPE SOMETHING] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-4 |
| PINS | CSP | 1000 | $78,000.00 |
| [TRADE IDEA: CSP - PINS CSP #2 - I want to actually own the shares ... decided to sell a CSP for premium and have hopes that I will be assigned later ... if not, will take premium and move on.] > [ CLOSE OUT TRADE: PINS has moved higher since selling this $78 strike (I think its trading at $85 ... with 2 days of trading left and only 0.05 to collect ... I can buy this back and with the free up cash can do something today for NEXT week getting a bit more TimeValue on this side of a next week trade] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-8 |
| INTC | CCW | 500 | $28,605.00 |
| [TRADE IDEA: CSP - We move on from Draft Kings and basically use the same money with a little added for a NEW Weekly trade on PINS ... this 7 day trade pays $1,900 ... will take that every single time as I think PINS with earnings behind it will trade a little lower but mainly sideways to higher ] > [ CLOSE OUT TRADE: With only 0.37 left of my $1.60 and with some 19 days left ... I feel I can buy this back (giving back 0.37 cents of my 1.60) and pocket the difference for a profit and can write another call for another 30 days.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-13 |
| RKT | CSP | 2000 | $38,000.00 |
| [TRADE IDEA: CCW - Using the positive movement in the stock I sold this 37 day CCW ... I actually think the shares will pull back and I will buy back this option cheaper] > [ CLOSE OUT TRADE: With 9 days left on this trade and only a mere 0.09 cents to make why not give back a little to free up this money and do another trade ... making almost all of this premium profit is a WIN everytime!] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-20 |
| ZG | CSP | 200 | $30,000.00 |
| [TRADE IDEA: CSP - When RKT was trading near support of $19.50, I decided to sell the $19 CSP thinking the stock will move higher and away from my strike allowing me to buy back the option cheaper] > [ CLOSE OUT TRADE: Catching LIGHTING in a bottle with this CSP on Zillow ... the stock did fall into the $140's but because I wanted the shares this wasnt a problem ... then comes the rally of a life time with ZG after earnings hitting $205 ... so we buy this back early and will use the money elsewhere. MORE KRUMS!!!] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-13 |
| DKNG | CSP | 1000 | $59,500.00 |
| [TRADE IDEA: CSP - Wanting more shares, I decided to sell some premium first in hopes I will be assigned the shares at the price I wanted to buy them ... so I did the $150 strike as thats where I wanted to buy them] > [ CLOSE OUT TRADE: Trade is CLOSED - DKNG traded UNDER $59.50 and was thinking I would be assigned, nope, its moving higher, ABOVE $60, we BB this option for 0.10 and with the cash avaiable I can do something TODAY vs Monday with this money!] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-11 |
| V | CSP | 100 | $19,750.00 |
| [TRADE IDEA: CSP - Wanting to get in the game with Draft Kings again ... I went with the CSP as if this trade goes south by next week I can ROLL DOWN for a possible credit even though the trade might go south ... with it being -3x I feel a little juice has come out of the stock so maybe it moves higher ... $2,000 KRUM!] > [ CLOSE OUT TRADE: Trade is CLOSED - Giving back a mere 0.33 cents for this trade ... I can use the cash for some other trade instead of waiting for the next 4 days ... getting over $7 for this CSP ... its a very nice premium profit.] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Jan-27 |
| WKHS | CCW | 1000 | $1,000.00 |
| [TRADE IDEA: CSP - With DKNG moving higher because of some positive news on earnings ... I did the CSP instead of buying the shaers outright so if it were to fall ... I have a bot more flexibility in rolling down ... but for now, I feel this is a good strike and if anything, this is where I would have PURCHASED the shares for a CCW ...] > [ CLOSE OUT TRADE: Trade is CLOSED - WKHS CRASHED yesterday as they did NOT get the USPS contract for the last mile EV trucks ... so of course it fell by some -50% -- i bought this back largely because IF we get a DEAD CAT bounce to $20ish I can sell out prior to this expire date ... my COST BASIS on these shares = $19.77 so Im not cruched like you would think.] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Jan-25 |
| DKNG | CSP | 1500 | $1,500.00 |
| [TRADE IDEA: CCW - with its very positive move today (+$2x) and with it trading in a nice bankable range ... a CCW could bring some good premium on a day like today ... that trading range ... support is like $62ish ... I'm thinking even if this peels back because of today's positive action it doesnt fall much. EARNINGS are in 2 days so IF you wanted to want for that to pass ... that's understandable... USING 0.30 DELTA ... ~$68 strike for me as this being a BUY and HOLD stock, I would NOT want my shares taken away... but the KRUM would equal DOUBLE the dividend ... so I can get (2) Dividends in this premium for the next 30 days ...] > [ CLOSE OUT TRADE: Trade is CLOSED -DKNG is trading higher and this could have probably closed worthless ... I wanted to close and do another CSP NOW ... so I closed this one and now we try to do another! Swet ACTION this week.] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Feb-19 |
| BMY | CCW | 500 | $500.00 |
| [TRADE IDEA: CCW - with its very positive move today (+$2x) and with it trading in a nice bankable range ... a CCW could bring some good premium on a day like today ... that trading range ... support is like $62ish ... I'm thinking even if this peels back because of today's positive action it doesnt fall much. EARNINGS are in 2 days so IF you wanted to want for that to pass ... that's understandable... USING 0.30 DELTA ... ~$68 strike for me as this being a BUY and HOLD stock, I would NOT want my shares taken away... but the KRUM would equal DOUBLE the dividend ... so I can get (2) Dividends in this premium for the next 30 days ...] > [ CLOSE OUT TRADE: Trade is CLOSED - With BMY not heading near my strike $68 and with only $0.08 cents to make for the 20+ days ... lets take this off the board, give back about $40 ... and it allows me to look for another 0.30 DELTA trade for the next 30 day trade ... love these] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Feb-2 |
