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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 - August 2021 | ||||
| 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! | ||||
| TRADES | PROFITS | WINNERS | LOSERS | |
| 7 | $3,590.00 | 7 | 0 | |
| My summary of the Month, Expectations and Results | ||||
| August 2021 made my goal for Selling Premium but was disappointing... still had 7 trades and 7 were closed making a profit. Making over 2% for the month, using ~$166K is rewarding compared to other months this year where I used as much as $600k+ ... $3,590 is still a good month ... going to try to pump that up, would like to move my goal UP to $3,500 from $2,500 in 2022. | ||||
| 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 | ||||
| $166,143.00 | ||||
| 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 | |||
| $0.00 | $3,590.00 | |||
| BREAKDOWN OF THE MONEY INVESTED FOR THE MONTH | ||||
| THIS AREA IS PREMIUM +/- ONLY --- (STOCK +/- LISTED BELOW) | ||||
| USED THIS MANY STOCKS | MONTH CASH ON CASH % | |||
| 6 | 2.16% | |||
 |  |  | ||
 |  |  | ||
| COMPANY | SYMBOL | % GAIN | TOTAL $$$ GAINS | |
| Cummins Inc | CMI | 2.13% | $515.00 | |
| PINS | 4.86% | $1,062.00 | ||
| Rocket Group | RKT | 2.09% | $1,260.00 | |
| Bristol Myers | BMY | 0.86% | $116.00 | |
| United Parcel Service | UPS | 0.77% | $147.00 | |
| Rocket Group | RKT | -0.69% | -$60.00 | |
| Marathon | MARA | 3.00% | $550.00 | |
| These trades are 100% closed - I may still own the shares | $3,590.00 | |||
| My thoughts on the Monthly Krums! (above) | ||||
| Nice month as I achieved my goal of +$2,500 a month ... it's always a good feeling when you can set goals and reach them ... I know these days I should INCREASE my monthly goal from $2,500 to something higher but remember, can I make real money in retirement ... $2,500 + social security would probably give me a budget of the kind of money needed to live a good life in retirement WITHOUT working ... so I keep this goal and try to beat it every month! | ||||
| Premium Profit / Loss and $$$ 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 | |
| CMI | CCW | 100 | $24,184.00 | |
| [TRADE IDEA: CCW - I have no problem doing the $250 CCW which is at my cost basis for the stock purchase ... considering I got some +5 on the CSP and with this +5 for a CCW ... that would be some nice gains cash on cash for such a LARGE SP500 type company.] > [ CLOSE OUT TRADE: Trade is CLOSED - Earnings out, things are good at Cummins so my $5.50 CCW Prem being just 0.30 ... we buy back and will look to sell something AND try to capture the dividend as its Ex-Date is ~8/19 ] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jun-25 | |||
| PINS | CCW | 300 | $21,846.00 | |
| [TRADE IDEA: CCW - I have 500 shares but only using 300 for this CCW as I think the stock might find its way into the low 80's ... so will let the stock move higher ... but until then gonna do this 3 contract OTM $77 (which $77.50 is my true cost basis) and if the shares are taken its a close enough clean deal for me] > [ CLOSE OUT TRADE: Trade is CLOSED - this PINS option price had fallen to a mere 0.06 and with 10 days left, I buy back the option and now combine these 300 shares with the other 200 and I can do a 5 contract CCW at some point ... ] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jul-13 | |||
| RKT | CCW | 3500 | $60,305.00 | |
| [TRADE IDEA: CCW - With 3,500 shares and a cost basis of $21.28 ($20.31 if I count premiums received) I'm looking to start this trade to make it Green ... may take a couple months but if I can I will] > [ CLOSE OUT TRADE: Trade is CLOSED - with 3,500 shares this 0.35 krum is a decent return for this timeframe ... Im using RKT to just pick up krums until it breaks my stock purchase price then I can do the ATM 30 day ... so this is just a premium pickup.] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jul-13 | |||
| BMY | CCW | 200 | $13,498.00 | |
| [TRADE IDEA: PMMC - With BMY trading near what I feel to be resistance ... I sold the 0.29 DELTA, 30 day trade and got 0.85 cents on 2 contacts ... little PMCC OTM trade that shouldn't test my strike price if I played it right.] > [ CLOSE OUT TRADE: Trade is CLOSED - With Bristol stock really moving and my CCW going from 0.85 to 0.29 with about a month to go ... we collect almost 0.60 and can now push out my expire date and do another 30 DELTA CCW ... rolling rolling rolling.] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jul-26 | |||
| UPS | CCW | 100 | $19,200.00 | |
| [TRADE IDEA: PMMC - UPS getting sold off after earnings allowed me to buy the Jan2023 80 DELTA LEAP Call option and jumped right into action by selling the Sep-3 30 DELTA CCW] > [ CLOSE OUT TRADE: Trade is CLOSED - This CCW option fell below -50%, so we buy back and prep for another one.] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jul-27 | |||
| RKT | CCW | 500 | $8,750.00 | |
| [TRADE IDEA: PMMC - RKT trading in a nice range for this long term PMCC trade of just doing CCW, buying them, repeat ... I bought Jan2023 80 DELTA LEAP Call option and jumped right into action by selling premium on this trade.] > [ CLOSE OUT TRADE: Trade is CLOSED - RKT beats earnings and heads higher to my $19.50 strike ... with the PMCC, I can not let my shares be taken so we buy back the option and roll it higher which I did ... doing the $21 strike ] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Jul-29 | |||
| MARA | CCW | 500 | $18,360.00 | |
| [TRADE IDEA: CCW - MARA is moving higher and with it near my $39 Cost Basis ... I'm gonna take this stock that has been sitting for me and put it in the game ... even with earnings coming ... I just want my $39 and this becomes a clean trade, we move on.] > [ CLOSE OUT TRADE: Trade is CLOSED - with MARA popping because Bitcoin is moving higher I BB this option because I can make $550 on this CCW, sell the Sep-24 , $41 strike and make about $3.40 (numbers not confirmed yet) ... basically I can roll this higher for more credits and I will tomorrow.] | ||||
See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-9 | |||
| Stock Sale Profits or Losses | ||||
| Below represents all the stock sales that happened during this month ... profit of loss if I sold a stock or had my shares taken its listed below | ||||
| COMPANY | TYPE | SHARES | TOTAL MONEY +/- | |
| NO SALES | ||||
| These trades are 100% closed - I may still own the shares | 0.00% | |||
| My thoughts on the Money Invested vs % returns (above) | ||||
| STEADY RETURNS ... I like the steady returns and not over reaching for these returns ... using stocks that are a mix of higher Vol to lower Vol allows me to play both sides of the traditional CC strategy ... sure, I use some higher Vol stocks but with experience and comfort I'm at a point where I can use them and know I can mitigate losses when I have too. | ||||
| Comparing over the years | ||||
| These totals represent what I've made during this month of the year since I started selling premium | ||||
| 2017 | 2018 | 2019 | 2020 | 2021 |
| $3,066.00 | $10,130.78 | $3,580.18 | $7,146.64 | $3,590.00 |
 | ||||
| Final thoughts on this month as compared to the past (above) | ||||
| 2021 does break a record ... but to make over $5,000 when my monthly retirement cash flow is $2,500 ... that over DOUBLE the goal and thats a winning trade for me! | ||||
| THIS MONTHLY RECAP BREAKS DOWN ALL OF MY TRADES DURING THIS TIME PERIOD | ||||
| Disclaimer - Yes - at the time of this posting I do have a position in one or more of these equities. 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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