| 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 | Tuesday, May 25, 2021 | |||
Intel Corp |  | |||
| 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 - INTC announces earnings, did pretty good ... not sure it warranted this -$3.41 drop in shares price ... so did this 35 day ATM CSP ... will let it drift lower a bit I'm sure but I feel it'll find itself higher and will not be assigned the shares. | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| Trade is CLOSED - Looking to raise some cash and not really wanting to own more INTC some $2 higher ... I will take this little L here ... and maybe do an ATM CSP for another 30 days ... but really wanted to rid myself of the possibility of obtaining another 500 shares of INTC ... thought this would BOUNCE ... it didn't, so this dead money is off the board. | ||||
| The Headline Krum! (ACTUAL RESULT) | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | CONTRACTS | SHARES |
| -$95.00 | 32 | -0.32% | 5 | 500 |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $2.00 | $2.19 | -$0.19 | -$95.00 | |
| Max Profit Projections for this trade (EXPECTATION) | ||||
| COMPANY | SYMBOL | SHARES | PRICE | TOTAL COST |
| Intel Corp | INTC | 500 | $29,500.00 | |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | CoC % GAIN |
| May-28 | 32 | $59.00 | $2.00 | -0.32% |
| DIVIDEND | DIVIDEND GAIN | OPTION GAIN | STOCK GAIN | TOTAL KRUM |
| $0.00 | $0.00 | $1,000.00 | $29,500.00 | $30,500.00 |
| All calculations above are based on collecting [ Stock move + CCW + DIV if offered] | ||||
| This trade ADDS April-2021 Monthly Totals | ||||
| Current Running Total | $11,800.00 | |||
| 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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| All of my CPT Abbreviations and Acronyms can be found below | ||||
| https://cptdashboard.blogspot.com/2021/02/CPT-lingo.html | ||||
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