| All rights reserved - Core Position Trading, LLC-2021 | ||||
 | OPTION EXPIRED - CCW TRADE | |||
| Covered Call Expired Shares Were Not Taken | ||||
| A Covered Call position is/was closed on | ||||
| TIME AND DATE STAMP | Friday, July 2, 2021 | |||
Pfizer Inc. |  | |||
| 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 - PFE is a Buy & Hold stock I use mainly for the dividend ... so with this being a no event time frame and PFE trading near the TOP of its range (ie, resistance being $40ish) this $40 strike should not be tested in this 30 days ... if it is, we manage the trade .. this is a ).40 krum which equals PFE's quarterly dividend (0.39) ... love collecting that 5th dividend using Covered Calls | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| Trade is CLOSED - Phew ... PFE made a run at that $40 strike but it didn't get there ... so we keep the shares and we bag this as a successful Double My Dividend trade ... love doing this on my Buy & Hold stocks! | ||||
| This (30) day trade begins and ends for the dates below | ||||
| 30 | June 2, 2021 | July 2, 2021 | ||
| The Total Premium Profit for this Trade | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | Company | |
| $400.00 | 30 | 1.02% | ||
| The Final Trades Finer Details | ||||
| COMPANY | SYMBOL | SHARES | PRICE | TOTAL COST |
| Pfizer Inc. | PFE | 1000 | $39.19 | $39,190.00 |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | CoC % GAIN |
| Jul-2 | 30 | $40.00 | $0.40 | 1.02% |
| DIVIDEND | DIVIDEND GAIN | OPTION GAIN | STOCK GAIN | TOTAL KRUM |
| N/A | N/A | $400.00 | N/A | $400.00 |
| Selling Premium Education Corner (definition and links) | ||||
| Covered Call - Description - A covered call is a financial market transaction in which the seller of call options owns the corresponding amount of the underlying instrument, such as shares of a stock or other securities. ... writing - i.e. selling - a call generates income in the form of the premium paid by the option buyer. Source - https://en.wikipedia.org/wiki/Covered_call | ||||
| Disclaimer - Yes - at the time of this posting I do have a position in this equity. By posting this I am by no means recommending this equity and am not front running for its performance. I have risked my own money and am accountable for the trade results | ||||
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