| All rights reserved - Core Position Trading, LLC - 2021 | ||||
 | NEW CSP BUYBACK | |||
| Cash Secured Put Option Buy Back | ||||
| Cash Secured Put position was closed on | ||||
| TIME AND DATE STAMP | Friday, October 15, 2021 | |||
Marathon |  | |||
| 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 - 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. | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| 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. | ||||
| The Headline Krum! (ACTUAL RESULT) | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | CONTRACTS | SHARES |
| $1,400.00 | 8 | 7.57% | 5 | 500 |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $4.05 | $1.25 | $2.80 | $1,400.00 | |
| Max Profit Projections for this trade (EXPECTATION) | ||||
| COMPANY | SYMBOL | SHARES | PRICE | TOTAL COST |
| Marathon | MARA | 500 | $18,500.00 | |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | CoC % GAIN |
| Nov-12 | 8 | $37.00 | $4.05 | 7.57% |
| DIVIDEND | DIVIDEND GAIN | OPTION GAIN | STOCK GAIN | TOTAL KRUM |
| $0.00 | $0.00 | $2,025.00 | $18,500.00 | $20,525.00 |
| All calculations above are based on collecting [ Stock move + CCW + DIV if offered] | ||||
| This trade ADDS October-2021 Monthly Totals | ||||
| Current Running Total CoC$ Gain | $4,408.00 | |||
| Current Annual CoC% Gain | 43.03% | |||
| 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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