Monday, July 31, 2023

CLOSEOUT UCPTD TRADE | PMCC on I > $4,020 collected in cash flow

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CLOSEOUT TRADE
POOR MAN'S COVERED CALL POSITION CLOSEOUTCLOSEOUT
Today I CLOSED (Closed , No Roll) a CCW trade and did not place another trade on this position
TIME AND DATE STAMP
Monday, July 31, 2023
WINNER$4,020.00
Chevron CorpCVX
DISCLAIMER: This trade is based on this date. I'm not suggesting a move up or down. I'm showing my trade that I have already done. I'm not recommending this stock as a purchase/trade. Think of it like this, I'm 'Showing you the World thru my Eyes'.
THIS PMCC TRADE ENDED IN A PROFIT
INVESTEDLEAPS SALELEAPSCoC%CoC$
$54,530.00$64.10-$54.5317.55%$9,570.00


CCWCCW PREM
1-$5,550.00
TOTAL PROFIT
7.37%$4,020.00
THIS TRADE LASTED (14) DAYS 7.37% ON CASH INVESTED
14July 17, 2023July 31, 2023
THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT
DETAILS FOR THIS COVERED CALL TRADE ARE AS FOLLOWS
WHY I CLOSED this PMCC CCW Trade > The numbers worked out where I can make 7% and close early allowing me to use the next 26+ days to maybe find another trade making good use of this added time.

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 PAIDCURRENT MID PRICE.+/- %
$54.53$64.1017.55%
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