| All rights reserved - Core Position Trading, LLC-2022 | |||||||||
 | NEW CCW TRADE | ||||||||
| STANDARD COVERED CALL TRADE IS NOW | OPEN | ||||||||
| NEW Covered Call position has been ROLLED on | |||||||||
| TIME AND DATE STAMP | Wednesday, March 9, 2022 | ||||||||
| Rocket Group |  | ||||||||
| 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'. | |||||||||
| THE CLOSED CCW TRADE HAS BEEN CLOSED (RESULTS BELOW) | |||||||||
| Rocket Group | RKT | | |||||||
| Strike Price was | Expire was | Closed on | Days on | ||||||
| $13.99 | Apr-8 | Mar-11 | 2 | ||||||
| Premium was | Buy Back was | Total Premium Profit I made | |||||||
| $0.25 | $0.10 | $600.00 | |||||||
| -50% Rule? | Percentage Down | ||||||||
| YES | -60.00% | ||||||||
| WHY I CLOSED this CCW Trade > RKT has fallen from $12.10 to $11.10 since I did this CCW and the option has fallen by more than -50% ... so I will ROLL 1 strike down, 1 week out for the same premium I hope. | |||||||||
| THE NEW CCW TRADE HAS BEEN OPENED AND IS ACTIVE (RESULTS BELOW) | |||||||||
| Stock Price - placed | Date | Total Prem$ | Contracts | ||||||
| $11.10 | Mar-11 | $0.23 | 40 | ||||||
| New Strike Price | New Expire | Days | Premium Profit | ||||||
| $12.99 | Apr-14 | 34 | $920.00 | ||||||
| WHY I OPENED this CCW - By buying this back so soon using the -50% guideline, I pocket $600 and then do another that could pocket another $920 ... I like this RKT Krum trade and will keep it rolling as long as I can. | |||||||||
| 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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