| All rights reserved - Core Position Trading, LLC-2022 | ||||
 | NEW CSP TRADE | |||
| Standard Cash Secured Put Trade | ||||
| Cash Secured Put position was closed and opened on | ||||
| TIME AND DATE STAMP | Monday, February 14, 2022 | |||
TNA |  | |||
| 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 the trades | ||||
| WHY I CLOSED EARLY | ||||
| Trade is CLOSED - Feeling the heat that this Friday being expire date and the stock trading some -$13 under my assigned price ... had to roll out to give this more time to work itself out for which I'm hoping the markets move higher and this strike wont be challenged. | ||||
| Breakdown of the profit for the 1st trade (BUYBACK) | ||||
| STRIKE | PREM | CONTRACTS | BUYBACK | % +/- |
| $73.00 | $5.08 | 2 | -$13.00 | -10.85% |
| CASH PROFITS > | -$1,584.00 | |||
| WHY I ROLLED | ||||
| CSP - Rolling my Feb-18 challenged $73 strike out 1 full month to the Mar-18th expire to give this trade a little more time... reduces my CoC% monthly gain but to be assigned at $73 in 4 days with the stock is trading near $60 ... I'd rather roll out and let this trade a bit | ||||
| Breakdown of the profit for the 2nd trade (ROLL) | ||||
| STRIKE | PREM | CONTRACTS | BUYBACK | EXPIRE |
| $73.00 | $14.41 | 2 | $0.00 | Mar-18 |
| CoC% | CoC$ | |||
| 19.74% | $2,882.00 | |||
| 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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