| All rights reserved - Core Position Trading, LLC - 2021 | ||||
 | NEW CCW BUYBACK | |||
| Covered Call Option Buy Back | ||||
| Covered Call position was closed on | ||||
| TIME AND DATE STAMP | Wednesday, Dec 15, 2021 | |||
Rocket Group |  | |||
| 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 - Looking to keep these 3,500 shares of RKT working while I continue to battle back from a higher stock purchase price (cost basis is closer to $19.50) ... | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| WHY I CLOSED this CCW Trade early - just feeling that this will slowly drift to nothing by Dec-23rd, I wanted to put on another trade prior to next week ... maybe try something closer to the money and maybe collect this 0.07 back + some decent prem to make this trade continue ... basically, bought it back cheap to do another | ||||
| The Headline Krum! (ACTUAL RESULT) | ||||
| TRADE KRUM! | DAYS | Cash on Cash % | CONTRACTS | SHARES |
| $805.00 | 13 | 1.46% | 35 | 3500 |
| Below are the details of the Buy Back | ||||
| ORIGINAL PREM | BUY BACK PRICE | DIFFERENCE | PREMIUM PROFIT | |
| $0.30 | $0.07 | $0.23 | $805.00 | |
| What was the stock doing at the time of this trade | ||||
| At the time I did this trade, Rocket Group was trading at ~$15.73. All of these calculations are based on the strike price and not where the actual stock was trading. I post the price just for reference. | ||||
| COMPANY | SYMBOL | SHARES | TRADING | TOTAL COST |
| Rocket Group | RKT | 3500 | $15.73 | $59,500.00 |
| EXPIRATION DATE | STRIKE | OPTION | CoC % GAIN | TOTAL KRUM |
| Dec-23 | $17.00 | $0.23 | 1.46% | $805.00 |
| CSP so this is a 100% PREMIUM trade only | ||||
| This trade ADDS December-2021 Monthly Totals | ||||
| Current Running Total CoC$ Gain | $1,789.00 | |||
| Current Annual CoC% Gain | 45.52% | |||
| 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 | ||||
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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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