| MONTHLY TRADE RECAP | ||||
| UCPTD Monthly Trade Recap - October 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 | |
| 5 | $6,348.00 | 5 | 0 | |
| My summary of the Month, Expectations and Results | ||||
| October 2021 made my goal for Selling Premium ... $2,500 being the goal ... $6,348 is the kind of money that were I in retirement would allow me to live the good life ... its a simple idea that I truly am all in on and God willing will use the Selling Premium strategy to generate income in retirement. | ||||
| 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 | ||||
| $171,244.00 | ||||
| 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 | $6,348.00 | |||
| BREAKDOWN OF THE MONEY INVESTED FOR THE MONTH | ||||
| THIS AREA IS PREMIUM +/- ONLY --- (STOCK +/- LISTED BELOW) | ||||
| USED THIS MANY STOCKS | MONTH CASH ON CASH % | |||
| 4 | 3.71% | |||
 |  |  | ||
 | ||||
| COMPANY | SYMBOL | % GAIN | TOTAL $$$ GAINS | |
| Marathon | MARA | 7.72% | $1,505.00 | |
| Rocket Group | RKT | 0.58% | $385.00 | |
| Bristol Myers | BMY | 2.49% | $456.00 | |
| TQQQ | TQQQ | 5.21% | $662.00 | |
| Bristol Myers | BMY | 2.00% | $360.00 | |
| Marathon | MARA | 8.90% | $1,580.00 | |
| Marathon | MARA | 7.57% | $1,400.00 | |
| These trades are 100% closed - I may still own the shares | $6,348.00 | |||
| My thoughts on the Monthly Krums! (above) | ||||
| Nice month as I achieved my goal of +$2,500 a month ... it's always a good feeling when you can set goals and reach them ... I know these days I should INCREASE my monthly goal from $2,500 to something higher but remember, can I make real money in retirement ... $2,500 + social security would probably give me a budget of the kind of money needed to live a good life in retirement WITHOUT working ... so I keep this goal and try to beat it every month! | ||||
| Premium Profit / Loss and $$$ 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 | |
| MARA | CSP | 500 | $19,500.00 | |
| CSP - MARA is a mover and with Bitcoin moving down some 18% today, I feel today's move was based off that ... so for this 38 day trade I feel it can still fall ... but will rebound by expiration ... or so I hope. | ||||
| Trade is OPEN - I will add commentary when this trade closed | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-7 | |||
| RKT | CCW | 3500 | $66,500.00 | |
| CCW - With 3,500 shares a little 0.14 cent krum can bring over $450 cash on the table while I continue to hold RKT as I think will at some point move back into the 19's ... so we'll manage this trade as it goes. This 17 Delta trade is really conservative and prob should have done the $18 strike as it was a 33 Delta ... oh well | ||||
| Trade is CLOSED - with 10 days left and waiting for the 0.03 cents to close ... I just bought this back, look or another trade ... just keep rolling this every single month | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-23 | |||
| BMY | CSP | 300 | $18,300.00 | |
| CSP - BMY is trading at such a discount to what it had just a month ago, RSI 23 and with a support of what I think is $59 ... obtaining shares here at $61 would be a good BUY LOW to start a WHEEL Trade. | ||||
| Trade is CLOSED - Step 1 of this Wheel trade is complete ... I will be assigned these shares @ $61 and will do a 30 day CCW on Monday for even more premium | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-24 | |||
| TQQQ | CSP | 100 | $12,700.00 | |
| CSP - With the Nasdaq selling off some -400pts ... I used this as a chance to use the negative volitily to pick up some series premium on this $12,700 investment. | ||||
| Trade is CLOSED - This option has fallen such that I make $662 with almost no risk at this point with the TQ's higher ... I make 5.2% for this short period ... we'll take this money and use for another stock and CCW | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-28 | |||
| BMY | CCW | 300 | $17,994.00 | |
| CCW - Starting a new Wheel trade with a beaten down Bristol Myers ... I was assigned the shares @ $61 ... my first CCW is ATM of my cost basis of $61 ... this $1.54 premium actually is more then I thought I could get ... so this 1, 2 punch trade is starting just as I expected. | ||||
| Trade is CLOSED - with 15 days left on this contract and just 0.34 cents to make of the $1.54 I made ... lets take this off the board and look to do another 30 day trade, rolling the same strike price for another 30 days if I can ... we will see. | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Oct-4 | |||
| MARA | CCW | 500 | $17,750.00 | |
| CCW - MARA keeps trading in a range that I like ... as it moves higher I've been selling CCW riding that move and the stock (and markets) have pulled back, allowing me to buy back the option ... maybe it happens again, maybe not, either way we make money,. | ||||
| Trade is CLOSED - MARA BLEW PAST my strike of $36 and with 10 days left on this CCW the option was trading just 0.04 above RealMoney ... so I paid to buy it back, sold the shares, we have the cash and can now find another trade. | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Oct-5 | |||
| MARA | CSP | 500 | $18,500.00 | |
| CSP - MARA has moved between $32 and $39 ... so with it trading @ $38.50 I decided to sell the $37 OTM CSP ... collecting another CSP premium as MARA trades in it range. | ||||
| Trade is CLOSED - With almost 30 days left to collect a 1.25 on this option ... we buy back and use the money for another high premium trade ... just a numbers game at this point as MARA moved higher, away from my $37 strike. | ||||
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Oct-7 | |||
| 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 +/- | |
| NONE SOLD | ||||
| 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 |
| $5,980.56 | $7,516.84 | $1,938.59 | $11,049.40 | $6,348.00 |
 | ||||
| Final thoughts on this month as compared to the past (above) | ||||
| 2021 does break a record ... but to make over $6,348 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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