Tuesday, May 31, 2022

CLOSED UCPTD Trade | CSP on UPRO > $520 Cash Flow collected

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CLOSED CSP TRADE
STANDARD CASH SECURED PUT TRADE IS NOWCLOSED
This Cash Secured Put position is CLOSED
TIME AND DATE STAMPTuesday, May 31, 2022
UPRO
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 UPRO TRADE HAS BEEN CLOSED (RESULTS BELOW)
UltraPro S&P500UPRO
Strike PriceExpireClosedDays On
$42.50Jun-17May-3117
Premium wasBuy BackTotal Premium Cash Flow
$4.30$1.70$520.00
-50% Rule?Percentage Down
YES-60.47%
WHY I CLOSED this CSP Trade > collecting a large amount of this premium now, i can look to roll this money for another CSP on UPRO ... pay little to get the chance to roll and keep the money invested producing.
Yahoo Summary Page >https://finance.yahoo.com/quote/UPRO?p=UPRO
WHAT IS THE FINAL (+/-) % GAIN ON MONEY INVESTED?
Money Invested(+/-) % GainDaysContracts
$8,500.006.12%172

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