Tuesday, January 25, 2022

OPEN UCPTD PMCC Trade | CCW on NUE > $485 Possible Profit

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NEW PMCC TRADE
Covered Call Trade opened using a Standard Covered Call (~30d)
NEW Poor Man's Covered Call Trade
TIME AND DATE STAMPTuesday, January 25, 2022
Nucor Corp
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'.
This (31) day trade begins and ends for the dates below
31January 25, 2022February 25, 2022
Details of this 30 Day CCW / ~30 DELTA Strike$485.00
EXPIRATION DATECONTRACTSSTRIKEPREMIUMCASH PROFIT
Feb-251$97.00$4.85$485.00
WHY I OPENED this PMMC CCW - Finding Nucor (NUE) I decided to run the numbers and when I was able to use 58% the capitola needed to do 1 contract CCW for $485 ... that a 8.96% CoC% gain just in premium alone ... a very favorable PMCC int trade setup ... will manage the trade, I hope to do (3) CCW with this LEAPS Call Option.
DAYS31DELTA0.2716TRUE


 




Details LEAP Call option I'm using for this PMCC-$5,410.00
SYMBOLLEAPSTRIKEPAIDINVESTMENT
NUEJan2023$40.00$54.10
CONTRACTS1DELTA.96
PMCC Golden Rule - BUY the ~80 or greater DELTA
How is the LEAP Call Option preforming at this moment
As of this post, this is the MID PRICE VALUE for my LEAP Call Option
WHAT I PAIDCURRENT MID PRICE.+/- %
$54.10$54.100.00%
NOTE: THIS IS NOT FACTORED INTO ANY CALCULATIONS ... just showing$0.00

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