| All rights reserved - Core Position Trading, LLC-2022 | |||||||||
 | NEW CCW TRADE | ||||||||
| COVERED CALL TRADE WAS CLOSED TODAY | CLOSED | ||||||||
MMM |  | TIME AND DATE STAMP | |||||||
| Thursday, February 24, 2022 | |||||||||
| 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'. | |||||||||
| DETAILS FOR THIS COVERED CALL TRADE ARE AS FOLLOWS | |||||||||
| Today, (2) Covered Call contract(s) were bought back (ticker: MMM) for the 3/25/2022 Expiration Date, $155 Strike Price for a Premium of $2.8 > MMM was trading for $141 a share. Details of the FINAL TRADE profit/loss below. | |||||||||
| CCW POSITION on MMM TRADE HAS BEEN CLOSED (RESULTS BELOW) | |||||||||
| 3M Co | MMM |  | |||||||
| Strike Price | Expire | Closed | Days | ||||||
| $155.00 | Mar-25 | Feb-24 | 7 | ||||||
| Premium was | Buy Back | Total Premium Profit I made | |||||||
| $2.80 | $0.69 | $422.00 | |||||||
| Trade is CLOSED - With Russia and the markets continuing to fall, this option that I just opened fell under -50% so I bought this back and will look to ROLL down. We take this $422 in profit, see if we can not roll it. | |||||||||
| STATUS OF MY SHARES | |||||||||
| I still own the original (200) shares with a cost basis of $160.85 | |||||||||
| Remember, the content of this site is for informational and educational purposes only. If you invest using information contained here, do so at your own risk. Please read the full disclaimer posted below and visit cptdashboard.com for my privacy policy. | |||||||||
| Trading stocks and options have risk. Required reading prior to placing money at risk with options is the ODD which is posted below. "The Characteristics & Risks of Standardized Options" Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange traded options. | |||||||||
| Feel free to email me if you have questions and/or concerns about this post - corepositiontrading@gmail.com - I usually will get back with you in 48 hours or sooner | |||||||||
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