| All rights reserved - Core Position Trading, LLC-2022 | ||||
 | NEW CCW TRADE | |||
| Covered Call Trade opened using a Standard Covered Call (~30d) | ||||
| NEW Covered Call position was opened on | ||||
| TIME AND DATE STAMP | Wednesday, March 9, 2022 | |||
Rocket (RKT) | ||||
| 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'. | ||||
| BASIC COVERED CALL TRADE DETAILS (If Shares Taken) | ||||
| EXPIRE | STRIKE | PREMIUM | SHARES | $ PROFIT |
| Apr-8 | $13.99 | $0.25 | 4000 | $1,000.00 |
| REMEMBER, ALL CALCULATIONS FOR THIS TRADE ARE BASED ON WHERE THE STOCK WAS TRADING WHEN THIS TRADE WAS PLACED AND *NOT* MY STOCK PURCHASE PRICE. | ||||
| BRIEF EXPLANATION WHY I DID THIS TRADE | ||||
| MINDSET WHEN OPENED - Below I explain why I did this trade | ||||
| WHY I OPENED this CCW - REMEMBER, PREMIUM TRADE ONLY as my cost basis is way above this Strike so I HAVE to manage the trade and NOT allow my shares being taken > With Earnings and the Special dividend past, the stock should trade in a nice little range ... this 0.28 Delta OTM Strike should not be challenged so I should be able to have this CC expire worthless and we keep the RKT KRUMS coming ... fun monthly trade even though DOWN BIG TIME ... just love doing this monthly KRUM trade ... adding money to the wallet! | ||||
| WHEN TRADE CLOSES - I explain my thoughts on how this closed out. | ||||
| Trade is OPEN > will add commentary when Closed | ||||
| THIS TRADE TRADE BEGINS AND ENDS | ||||
| 30 | March 9, 2022 | April 8, 2022 | ||
| PREMIUM PROFIT ONLY (shares are not taken) | ||||
| PREMIUM ONLY | OPTION GAIN | DIVIDEND? | CASH ON CASH % | |
| $1,000.00 | $1,000.00 | $0.00 | 2.07% | |
| Premium Only means I didn't have my shares taken. Trade expired or I bought back | ||||
| DETAILED TRADE INFORMATION | ||||
| COMPANY | SYMBOL | SHARES | PRICE@TRADE | TOTAL COST |
| Rocket Group | RKT | 4000 | $12.10 | $48,400.00 |
| EXPIRATION DATE | DAYS | STRIKE | OPTION | OPTION GAIN |
| Apr-8 | 30 | $13.99 | $0.25 | $1,000.00 |
| DIVIDEND | DIVIDEND GAIN | STOCK GAIN | CoC % GAIN | TOTAL KRUM |
| $0.00 | $0.00 | $7,560.00 | 17.69% | $8,560.00 |
| All calculations above are based on collecting [ Stock move + CCW + DIV if offered] | ||||
| 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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