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| OPEN UCPTD Trade | CSP on BROS > $2250 projected 2 day cash flow | |||||||||
| All rights reserved - Core Position Trading, LLC-2023 | |||||||||
 | NEW CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | OPEN | ||||||||
| DAYS | THIS NEW TRADE BEGINS AND ENDS | ||||||||
| 2 | February 22, 2023 | February 24, 2023 | |||||||
BROS |  | TIME AND DATE STAMP | |||||||
| Wednesday, February 22, 2023 | |||||||||
| 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 CASH SECURED PUT TRADE | |||||||||
| Today, (10) Cash Secured Put contract(s) were sold on Dutch Bros Inc (ticker: BROS) for the Mar-31 Expiration Date, $38 Strike Price for a Premium of $2.25 > BROS was trading for $37.40 a share. | |||||||||
| PREMIUM ONLY TRADE | |||||||||
| This being a Cash Secured Put it is a premium only trade with my cash on cash percentage gain calculated on money invested. | |||||||||
| Stock Price - placed | Date | Total Prem$ | Contracts | ||||||
| $37.40 | Feb-22 | $2.25 | 10 | ||||||
| Strike Price | Expire | Days | Possible Premium Profit | ||||||
| $38.00 | Feb-24 | 2 | $2,250.00 | ||||||
| WHY I OPENED this CSP Trade > STARTING A WHEEL TRADE > BROS has earnings tonight and with most everyone saying they will hit the number, I like this Cash Secured Put to maybe start a WHEEL trade ... where I do a short term CSP to obtain the shares (being paid for the Put) then writing the Covered Call on Monday when I'm assigned the shares. I just feel I can use BROS in this window for maybe $34 to $40 and will play it for a 30 day Covered Call should I be assigned the shares. | |||||||||
| WHAT IS THE PROJECTED % GAIN ON MONEY INVESTED? | |||||||||
| Money Invested | Possible % Gain | Days | Contracts | ||||||
| $38,000.00 | 5.92% | 2 | 10 | ||||||
| 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. | |||||||||
| Disclaimer - No - at the time of this posting I did not own the shares of this equity ... I risk my own money on this trade and am accountable for the trade results | |||||||||
| 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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