| All rights reserved - Core Position Trading, LLC-2022 | ||||
 | NEW PMCC TRADE | |||
| PMCC COVERED CALL TRADE WAS OPENED TODAY | OPEN | |||
MS |  | TIME AND DATE STAMP | ||
| Thursday, April 14, 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'. | ||||
| This (29) day trade begins and ends for the dates below | ||||
| 29 | April 14, 2022 | May 13, 2022 | ||
| DETAILS FOR THIS COVERED CALL TRADE ARE AS FOLLOWS | ||||
| Today, (1) Covered Call contract(s) were sold (ticker: MS) for the May-13 Expiration Date, $91 Strike Price for a Premium of $0.90 > MS was trading for $86.16 a share. | ||||
| Details of this 30 Day CCW / ~30 DELTA Strike | $90.00 | |||
| EXPIRATION DATE | CONTRACTS | STRIKE | PREMIUM | CASH PROFIT |
| May-13 | 1 | $91.00 | $0.90 | $90.00 |
| WHY I OPENED this PMMC CCW Trade - MS beats earnings and with a nice like upward move of $2+ dollars I'm able to sell the $91 strike for this little krum ... remember that I collected $1.55 on my first CCW so this trade would end if my shares are taken for a 9.93% CoC% gain ... we'll manage the trade if needed... the Dividend of 0.70 comes out Apr-29 so should MS punch over my strike by then chances are they will take my shares. | ||||
| DAYS | 29 | DELTA | 0.2716 | YES |
| Details LEAP Call option I'm using for this PMCC | ||||
| SYMBOL | LEAP | STRIKE | PAID | INVESTMENT |
| MS | 1 | $45.00 | $44.49 | -$4,449.00 |
| CONTRACTS | 1 | DELTA | 0.98 | YES |
| PMCC Golden Rule - BUY the ~80 or greater DELTA | ||||
| How is the LEAP Call Option preforming at this moment | ||||
| As of this post, this is the MID PRICE VALUE for my LEAP Call Option | ||||
| WHAT I PAID | CURRENT MID PRICE | .+/- % | ||
| $44.49 | $38.55 | -13.35% | ||
| NOTE: THIS IS NOT FACTORED INTO ANY CALCULATIONS ... just showing | -$594.00 | |||
| DETAILS [ LEAP PURCHASE + ALL CCW PROFITS/LOSSES] | ||||
| TRADES | INVESTED | MADE | Cash on Cash % | |
2 | -$4,449.00 | $245.00 | 5.51% | |
| DOES NOT INCLUDED THE CURRENT AS IT IS NOT CLOSED YET (SEE ABOVE) | ||||
| How have I done with all trades using this LEAP? | $155.00 | |||
| DATE | CONTRACTS | STRIKE | PREMIUM | CASH PROFIT |
| Mar-31 | 1 | $91.00 | $1.55 | $155.00 |
| WHY I CLOSED this PMCC CCW Trade > this MS CC Option price below -50%, we BB looking for another trade | ||||
| 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. | ||||
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| 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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