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| 2 CLOSED UCPTD Trades | CSP on FAS , SQ , , > $1508 in premium cash flow combined |
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 | CLOSED TRADES |
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| CLOSED COVERED CALL TRADE | CLOSED |
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Today I closed multiple CCW / CSP trades basically at once and have consolidated the trades in this one post. | TIME AND DATE STAMP |
| Wednesday, May 31, 2023 |
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| WINNING TRADE |
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT |
| Financial 3x ETF | FAS |  |
| Strike Price was | Strike Price | Stock Price | Days on |
| $55.86 | $56.50 | $53.47 | 5 |
| Premium was | Buy Back was | Total Cash Flow I made |
| $3.31 | -$2.10 | $968.00 |
| -50% Rule? | Percentage Down |
| YES | -36.56% |
| WHY I CLOSED this CCW Trade > Just cant let $970 in profit sit on the table for over 30 day until expire ... will not roll this as I will let the markets settle, then look to roll. |
| This being a Covered Call that I bought back the option, I still have the shares and will *not* roll this trade as I will let the stock settle, then will look to write another covered call then ... I'm always watching |
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| CLOSED COVERED CALL TRADE | CLOSED |
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| WINNING TRADE |
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT |
| Block Inc | SQ | |
| Strike Price was | Strike Price | Stock Price | Days on |
| $60.40 | $66.00 | $60.55 | 8 |
| Premium was | Buy Back was | Total Cash Flow I made |
| $1.05 | -$0.51 | $540.00 |
| -50% Rule? | Percentage Down |
| YES | -51.43% |
| WHY I CLOSED this CCW Trade > This option closed about -50% lower so we went ahead and bought it back the Market's trading a little bit lower so I'll just sit on these chairs for a bit we will not roll them and we'll wait to find another opportunity to make another covered call Krum using these Square (SQ) shares |
| This being a Covered Call that I bought back the option, I still have the shares and will *not* roll this trade as I will let the stock settle, then will look to write another covered call then ... I'm always watching |
