| All rights reserved - Core Position Trading, LLC - 2021 | ||||
 | NEW CCW BUYBACK | |||
| Covered Call Option BuyBack | ||||
| Covered Call position was closed on | ||||
| TIME AND DATE STAMP | Monday, May 10, 2021 | |||
Corsair Gaming |  | |||
| 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 | ||||
| CCW - I bought CRSR mainly because my son had mentioned that they have some products are just the defacto standard in PC Gaming hardware ... then checking Zacks (Strong Buy) and TipsRank (Strong Buy) and noticing that they've beaten earnings and with the stock trading under the KC MID and what looks to be a near term bankable trading range ... this could be a nice MAX PROFIT trade for 23 days. | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| Trade is CLOSED - with the option falling to some 0.35 cents ... well under -50% of the original price I decided to take it off the the board and see what I can do with a different strike | ||||
| The Headline Krum! (ACTUAL RESULT) | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | CONTRACTS | SHARES |
| $475.00 | 12 | 2.82% | 5 | 500 |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $1.30 | $0.35 | $0.95 | $475.00 | |
| Max Profit Projections for this trade (EXPECTATION) | ||||
| COMPANY | SYMBOL | SHARES | PRICE | TOTAL COST |
| Corsair Gaming | CRSR | 500 | $33.65 | $17,500.00 |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | CoC % GAIN |
| May-21 | 12 | $35.00 | $1.30 | 2.82% |
| DIVIDEND | DIVIDEND GAIN | OPTION GAIN | STOCK GAIN | TOTAL KRUM |
| $0.00 | $0.00 | $650.00 | $675.00 | $1,325.00 |
| All calculations above are based on collecting [ Stock move + CCW + DIV if offered] | ||||
| This trade ADDS April-2021 Monthly Totals | ||||
| Current Running Total | $4,101.00 | |||
| AT THE TIME OF THIS POSTING (time stamp above) | ||||
| Disclaimer - Yes - at the time of this posting I do own shares. I am by no means recommending this stock for purchase | ||||
| Remember, the content of this site is for informational and educational purposes only. If you invest using information contained here, do so at your own risk. Please read the full disclaimer posted below and visit cptdashboard.com for my privacy policy. | ||||
| 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 | ||||
| © 2021 Core Position Trading, LLC and the CPT Dashboard - All Rights Reserved | Disclaimer | |||
