| All rights reserved - Core Position Trading, LLC - 2021 | ||||
 | NEW CSP BUYBACK | |||
| Cash Secured Put Option BuyBack | ||||
| Cash Secured Put position was closed on | ||||
| TIME AND DATE STAMP | Thursday, March 4, 2021 | |||
Zillow Group |  | |||
| 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'. | ||||
| My brief explanation for this trade and how it closed | ||||
| MINDSET WHEN OPENED - Below I explain why I did this trade | ||||
| 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 | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| 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 (I did mention this in videos and in a couple emails) ... 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. | ||||
| The Headline Krum! (ACTUAL RESULT) | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | CONTRACTS | SHARES |
| -$4,648.00 | 15 | -23.84% | 1 | 100 |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $13.50 | $59.98 | -$46.48 | -$4,648.00 | |
| Max Profit Projections for this trade (EXPECTATION) | ||||
| COMPANY | SYMBOL | SHARES | PRICE | TOTAL COST |
| Zillow Group | ZG | 100 | $19,500.00 | |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | CoC % GAIN |
| Mar-19 | 15 | $195.00 | $13.50 | -23.84% |
| DIVIDEND | DIVIDEND GAIN | OPTION GAIN | STOCK GAIN | TOTAL KRUM |
| $0.00 | $0.00 | $1,350.00 | $19,500.00 | $20,850.00 |
| All calculations above are based on collecting [ Stock move + CCW + DIV if offered] | ||||
| This trade ADDS March-2021 Monthly Totals | ||||
| Current Running Total | $4,387.00 | |||
| AT THE TIME OF THIS POSTING (time stamp above) | ||||
| Disclaimer - No - at the time of this posting I did not own the shares of this equity ... I risk my own money on this trade and am accountable for the trade results | ||||
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| Image credits - stockcharts.com | barchart.com | foolcdn.com | yahoo.com | earningswhispers.com | ||||
| All of my CPT Abbreviations and Acronyms can be found below | ||||
| https://cptdashboard.blogspot.com/2021/02/CPT-lingo.html | ||||
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