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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 - March 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 |
| 16 | $17,717.00 | 15 | 1 |
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| My summary of the Month, Expectations and Results |
| March 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 2020, 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 |
| $603,453.00 |
| 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 |
| $3,297.00 | $14,420.00 |
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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 % |
| 7 | 2.94% |
| COMPANY | SYMBOL | % GAIN | TOTAL $$$ GAINS |
| 3M Corp | MMM | 1.41% | $498.00 |
| Draft Kings | DKNG | 3.55% | $3,300.00 |
| Intel Corp | INTC | 1.32% | $375.00 |
| Draft Kings | DKNG | 3.08% | $2,000.00 |
| Rocket Group | RKT | 5.11% | $1,940.00 |
| Draft Kings | DKNG | 3.04% | $2,130.00 |
| Zillow Group | ZG | -23.84% | -$4,648.00 |
| Good Rx | GDRX | 7.02% | $345.00 |
| Workhorse | WKHS | 9.83% | $1,530.00 |
| Draft Kings | DKNG | 1.47% | $1,000.00 |
| Zillow Group | Z | 7.01% | $1,210.00 |
| Pinterest | PINS | 3.04% | $2,050.00 |
| Workhorse | WKHS | 6.54% | $1,100.00 |
| Redfin | RDFN | 2.79% | $440.00 |
| Intel Corp | INTC | 0.76% | $250.00 |
| Redfin | RDFN | 5.71% | $900.00 |
| These trades are 100% closed - I may still own the shares | $14,420.00 |
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| My thoughts on the Monthly Krums! (above) |
| Nice month as I achieved my goal of +$2,500 a month ... it's always a good feeling when you can set goals and reach them ... I know these days I should INCREASE my monthly goal from $2,500 to something higher but remember, can I make real money in retirement ... $2,500 + social security would probably give me a budget of the kind of money needed to live a good life in retirement WITHOUT working ... so I keep this goal and try to beat it every month! |
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| Premium Profit / Loss and $$$ 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 |
| MMM | CCW | 200 | $35,252.00 |
| [TRADE IDEA: CCW - CCW+DIV Capture - with Earnings being good using this positive move in the stock to capture some nice 38 day premium and with the dividend coming soon Im hoping to own the shares for that extra $1.47 ...] > [ CLOSE OUT TRADE: Trade is CLOSED -With only 0.21 left on this option and the stock moving higher ... I can buy this back, giving back 0.21 per share of my original premium profit ... and now look to write another covered call ... I collected the dividend, we can move on.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jan-26 |
| DKNG | CSP | 1500 | $93,000.00 |
| [TRADE IDEA: CSP - DKNG is doing what they do ... KILLING IT so I'm gonna keep this Weekly CSP play ROLLING! ... lets do this again!] > [ CLOSE OUT TRADE: Trade is CLOSED - DKNG Rockets higher, my $2.50 option falls to 0.30 as the likelihood of it finishing at $62 is unlikely ... I give back a mere ~$450, pocket a whopping ~$3,300 in 1 trading day? Will take that every time.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-26 |
| INTC | CCW | 500 | $28,400.00 |
| [TRADE IDEA: CCW - Using the $63.5 strike to basically be so far OTM thinking no way they will take my shares but being able to collect a CCW Premium that is about that of the INTC dividend ... so the goal is to hold the shares thru the Ex-Date and collect a CCW Premium, I call it doubling my dividend using CCW.] > [ CLOSE OUT TRADE: Trade is CLOSED - Just in the mood to buy this back and will pay the $15 to do so ... I will not look to SELL another 0.30 DELTA strike, probably 30 days out as I think INTC wont move that high anytime soon.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-1 |
| DKNG | CSP | 1000 | $65,000.00 |
| [TRADE IDEA: CSP - With DKNG falling a bit... and I think it will be trading in the 70's soon ... we do this OTM, 1 strike out CSP for 10 contracts ... giving an expire date of next week... nice little $2,100 Krum] > [ CLOSE OUT TRADE: Trade is CLOSED - with DKNG clearly not going to trade near $65 by EOD tomorrow ... I give back 0.10 now for the ability to do another today vs waiting Monday ... give a little to make MORE!] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Mar-3 |
| RKT | CSP | 2000 | $38,000.00 |
| [TRADE IDEA: CSP - Rocket is acting like it always does where it moves higher, then sells off, moves higher, sells off... were in a sell off phase and I feel looking at the chart and the KC MID ... its support is still 19.50 ... so this $19 Strike sets up for a possible NOT being assigned the shares CSP trade] > [ CLOSE OUT TRADE: Trade is CLOSED - With RKT moving much MUCH higher after earnings (~29) this 0.08 is dead money for the next 10 days ... so lets buy this option back and free the cash for another trade ... keeping this profit machine oiled UP and Running!] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-10 |
| DKNG | CSP | 1000 | $70,000.00 |
| [TRADE IDEA: CSP - Keeping this weekly play ging with DKNG... inching up and up and up ... DKNG if the markets keep moving sideways to higher will move higher too... its a weekly so will be managing the trade IF it falls hard.] > [ CLOSE OUT TRADE: Trade is CLOSED - just taking this off the board prior to EOD trading so maybe I will do another one for next week for an extra time weekly] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Mar-11 |
| ZG | CSP | 100 | $19,500.00 |
| [TRADE IDEA: CSP - Here we go again with Zillow ... wanted to own the shares for a possible move higher I decided to Sell the ATM CSP and was able to pick up $13.50 per share ... will hold back another 100 shares in cash should the stock fall more ... the big picture plan is to have 300 shares ... I have 100 @ $103] > [ CLOSE OUT TRADE: Trade is CLOSED - CRUSHED ... just absolutely CRUSHED on this trade ... LUCKILY I had the 100 shares I bought at $103 and SOLD them to OFFSET some of this CRUSHING loss ... hey, it happens, WE MOVE ON! and TIME was the problem here too ... with only 2 weeks... they would have early assigned and had to decide ... I did, sucks, but hey, its the game I play.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-17 |
| GDRX | CCW | 100 | $4,915.00 |
| [TRADE IDEA: CCW - GDRX has fallen over the past few days from a high of $57x ... this little fall has taken some of the FLUFF out of the price so this is a good time to get in and play ... I do know earnings is coming but the expire date is 2 weeks after so the stock could be vol during ER but hoping to then settle.] > [ CLOSE OUT TRADE: Trade is CLOSED - GDRX will not finish above the $50 strike, so we buy back the option, giving 5 cents for the opportunity to sell another call by this friday .. keep it going! even as Im in the hole on the share purchase.] |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Feb-24 |
| WKHS | CCW | 1000 | $15,560.00 |
| [TRADE IDEA: CSP - Keeping this weekly play ging with DKNG... inching up and up and up ... DKNG if the markets keep moving sideways to higher will move higher too... it's a weekly so will be managing the trade IF it falls hard.] > [ CLOSE OUT TRADE: Trade is CLOSED - with 10 days left and only 39 cents to make, I decided to take this off the board and sell another 30 day trade ... using the same shares. So I make money on this trade and were gonna do another.] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Feb-25 |
| DKNG | CSP | 1000 | $68,000.00 |
| [TRADE IDEA: CSP - Using the sell off today to do an ATM CSP as I want to own 300 total shares of Zillow, this would in fact make 300 if assigned as I have a current CSP and 100 shares] > [ CLOSE OUT TRADE: Trade is CLOSED - Decided to be assigned the shares as I think this little sell off in DKNG wont last long, will sell the OTM strike Monday to just pick up a little krum to go with the MANY krums I've made with this stock since using it for my $1,000 weekly challenge.] |
| To see this Real Time blog post: Go to Blog site > Search this date > | Mar-19 |
| Z | CSP | 100 | $17,250.00 |
| [TRADE IDEA: CSP - I'm a believer in PINS and I feel this will trade in the $80's so getting in anywhere in the high 60's is value for me ... nice premium for this 30+ day trade ... if it peels back I might ROLL DOWN but in 30+ days I feel this trades higher. We will see I guess] > [ CLOSE OUT TRADE: Trade is CLOSED - Many might not agree with this idea ... but I elected to be assigned the shares even as Im seriously DOWN ... but I'm going to sell some OTM strikes, 0.30 Delta plays as this stock will recover ... I'm going to just pick up little krums along the way. (I hope)] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Feb-22 |
| PINS | CSP | 1000 | $67,500.00 |
| [TRADE IDEA: CCW - With RDFN bouncing since the recent NASDAQ selloff, using this opportunity to write a nice OTM CCW where I can make a decent premium and stock move should I get tapped out at $85 ... easy trade as I think RDFN moves higher] > [ CLOSE OUT TRADE: Trade is CLOSED - with so much time and being able to buy this options back and make some $+$2,000 I just wanted it off the board for a possible play later ... nothing more, nothing less ... $2,000 Krums are always NICE!] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Mar-9 |
| INTC | CCW | 500 | $32,730.00 |
| [TRADE IDEA: CCW - INTC is moving higher as all the chip stocks are ... the $72.50 strike is a 0.17 Delta so this is pretty safe if WILL NOT get there with expire date being after this CCW. Just cherry picking and trying to use my Double My Dividends with this Buy & Hold stock.] > [ CLOSE OUT TRADE: Trade is CLOSED - using INTC right now for that DEEP OTM Krum ... just doing the 0.30 or less trade to pick up an extra dividend and so far, its working.] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Mar-16 |
| RDFN | CCW | 200 | $15,758.00 |
| [TRADE IDEA: CCW - catching RDFN on a nice positive move today, selling this $85 strike with a $5+ premium would give me $90+ for this 46 day trade ... will take this trade every day of the week] > [ CLOSE OUT TRADE: ] |
| To see this RealTime blog post: Go to Blog site > Search this date > | Mar-1 |
