Saturday, April 30, 2022

UCPTD Monthly Trade Recap - April 2022

UCPTD Monthly Trade Recap - April 2022
APRIL 2022 RESULTS
Saturday, April 30, 2022
DISCLAIMER: These are my current trades on the books and general market commentary. I'm not recommending any of these stocks for you to purchase and or that you take action on any commentary I present. Always do you due diligence and make good decisions ... Think of it like this, I'm showing you the world thru my eyes. I never front run for my stocks.
All rights reserved - Core Position Trading, LLC-2022
APRIL 2022 RESULTS
APRIL 2022 TOPS March and again, blows away ALL expectations for profits ... I've adjusted my capital numbers to properly represent my true cost basis for each investment used ... April was as challenging emotionally as well with stocks tumbling then rallying then tumbling again ... but keeping with the plan, being active in closing out trades that are profitable (prem profit) and rolling and managing WE CAN still keep the income coming in.
ALL CLOSED TRADES THIS MONTH FINAL TOTALS$322,861.00
This is the Cash on Cash percentage gain using this much capital in this investments.
TRADESMONTHLY $MONTHLY %
20$6,449.002.00%
The buybacks really kept me in the game for April with the markets continuing to slide ... buying back options and rolling turned out to be the right trade this month as I picked up krum after krum, adding income while most stocks just got worked to the downside.
ALL TRADES THIS MONTH$6,449.00
STOCK /TRADINGCONTRACTSOPENCLOSEDPROFIT/LOSS
SQ$99.542Mar-16Apr-1-$496.00
XLF$34.512Mar-25Apr-1$132.00
RIOT$10.1410Mar-9Apr-6$720.00
SQ$99.542Mar-11Apr-6-$42.00
PYPL$87.932Mar-18Apr-6$206.00
TNA$45.262Mar-21Apr-6$388.00
MS$80.591Mar-31Apr-6$155.00
RIOT$10.1410Apr-6Apr-6$490.00
TQQQ$36.532Mar-18Apr-13$496.00
RKT$8.8510Mar-21Apr-13$170.00
SO$73.395Mar-15Apr-14$600.00
SQ$99.542Apr-1Apr-18$1,014.00
GILD$59.343Apr-1Apr-20-$564.00
MS$80.592Apr-1Apr-20$502.00
RKT$8.8540Mar-25Apr-22$1,000.00
SQ$99.542Apr-12Apr-22$382.00
XLF$34.512Apr-1Apr-25$104.00
SQ$99.542Apr-18Apr-28$530.00
MMM$144.222Mar-25Apr-29$240.00
MMM$144.222Mar-25Apr-29$242.00
BMY$75.275Mar-30Apr-29$180.00

STOCKS POSITIONS THAT WERE CLOSEDSOLD
STOCKPAIDSOLDSHARESPROFIT/LOSS

PROFITS BY TRADE TYPE
CCW PREMCSP PREMPMCC PREMSTOCKS SELLLEAPS SELL
$5,122.00$502.00$825.00$0.00$0.00
79.42%7.78%12.79%0.00%0.00%
The Covered Call using the traditional model of owning shares still dominates my trading income ... using the PMCC with less capital is proving to be a good plan as well as it now makes up over 12% of my trading income ... and I would say this was an off month because I elected to not deploy some of my PMCC trades ... that HAS to change in May ... May will show more Cash Secured Put income as trades get closed or go to expire.
COMPARING OVER THE YEARS
20182019202020212022
$3,046.89$10,839.18$3,073.72$15,341.00$6,449.00


Disclaimer - Yes - at the time of this posting I do have a position in one or more of these equities. By posting this I am by no means recommending this equity and am not front running for its performance. I have risked my own money and am accountable for the trade results.
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.
All rights reserved - Core Position Trading, LLC-2022Disclaimer

Friday, April 29, 2022

CLOSED UCPTD Trade | CCW on BMY > $180 premium profit only

All rights reserved - Core Position Trading, LLC-2022
CLOSED CCW TRADE
COVERED CALL TRADE WAS CLOSED TODAYCLOSED
BMY
TIME AND DATE STAMP
Friday, April 29, 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, (5) Covered Call contract(s) were bought back on Bristol-Myers Squibb Co (ticker: BMY)on 4/28/2022 , 30 days into this trade. I paid $0.86 per share and made a premium profit of $180 . The stock has risen since entering this CCW trade.

CCW POSITION on BMY TRADE HAS BEEN CLOSED (RESULTS BELOW)
Bristol-MyersBMY
Strike PriceExpireClosedDays
$74.00Apr-29Apr-2930
Premium wasBuy BackTotal Premium Profit I made
$1.22$0.86$180.00
-50% Rule?Percentage Down
YES-29.51%
WHY I CLOSED this CCW Trade > not wanting my BMY shares to go bye bye, I bought this option back UNDER what I got paid so I make a profit (not as much) keep my shares and will now ROLL again

WHAT'S THE PLAN NOW FOR THESE BMY SHARES?
Because I didn't roll these shares for another CCW, I'm just going to take a 'wait and see' approach as the markets aren't playing nice right now.
STATUS OF MY SHARES
I still own the original (500) shares with a cost basis of $48
BMY Current Price$74.64
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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