| All rights reserved - Core Position Trading, LLC-2022 | ||||
 | CLOSEOUT PMCC | |||
| PMCC COVERED CALL TRADE WAS CLOSED TODAY | CLOSEOUT | |||
CSCO |  | TIME AND DATE STAMP | ||
| Thursday, May 19, 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'. | ||||
| I HAVE CLOSED THIS TRADE BY SELLING THE LEAPS | ||||
| PROFIT? | $226.00 | |||
| Details LEAP Call option I'm using for this PMCC | ||||
| SYMBOL | LEAP | STRIKE | PAID | INVESTMENT |
| CSCO | May-19 | $25.00 | $16.95 | $1,695.00 |
| CONTRACTS | 1 | DELTA | 0.9553 | 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 | .+/- % | ||
| $16.95 | $19.06 | 12.45% | ||
| NOTE: THIS IS NOT FACTORED INTO ANY CALCULATIONS ... just showing | $211.00 | |||
| How have I done with all trades using this LEAP? | $15.00 | |||
| DATE | CONTRACTS | STRIKE | PREMIUM | CASH PROFIT |
| May-19 | 1 | $43.00 | $0.15 | $15.00 |
| WHY I CLOSED this CCW Trade > today CSCO moves above my Strike so this PMCC has to end as they would have taken my shares, I will let this go and SELL the LEAPS for the profit | ||||
| 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. | ||||
| 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. | ||||
| 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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