| All rights reserved - Core Position Trading, LLC-2022 | ||||
 | NEW CCW TRADE | |||
| Covered Call Option Buy Back / New Covered Call Trade | ||||
| Covered Call position was closed and opened on | ||||
| TIME AND DATE STAMP | Thursday, March 3, 2022 | |||
Valero Energy | ||||
| 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 - I've decided to keep this VLO trade going and in fact have purchased another 100 shares for a total of 200 and will ROLL this higher for more credits | ||||
| Breakdown of the profit for the 1st trade (BUYBACK) | ||||
| STRIKE | PREM | CONTRACTS | BUYBACK | % +/- |
| $83.00 | $3.10 | 1 | -$1.58 | 3.02% |
| CASH PROFITS > | $250.00 | |||
| WHY I ROLLED | ||||
| CCW - Having success with my first trade and VLO moving sideways, this might be a chance to use it for some CCW picking up nice little krums in a very mid-level risk trade ... I bought another 100 shares for a total of 200 now. | ||||
| Breakdown of the possible profit for the 2nd trade (ROLL) | ||||
| STRIKE | PREM | CONTRACTS | BUYBACK | EXPIRE |
| $85.00 | $3.80 | 2 | $0.00 | Apr-8 |
| CoC% | CoC$ | |||
| 4.56% | $760.00 | |||
| 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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