| All rights reserved - Core Position Trading, LLC-2024 | |||||||||
 | NEW CCW TRADES | ||||||||
| STANDARD COVERED CALL TRADE(S) NOW | ROLLED | ||||||||
Today I ROLLED (Closed then Opened) a CCW trade basically at once and have consolidated the trades here. | TIME AND DATE STAMP | ||||||||
| Friday, May 31, 2024 | |||||||||
| CLOSED ORIGINAL CCW TRADE > DETAILS PREMIUM PROFIT ONLY | |||||||||
| Advanced Micro | AMD |  | |||||||
| TRADE 1 > COLLECTED | TRADE 2 > PROJECTIONS | ||||||||
| $960.00 | $1,135.00 | ||||||||
| CLOSED CCW TRADE DETAILS | |||||||||
| ORIGINAL CCW TRADE DETAILS BELOW (OPEN) | |||||||||
| On Mar-15 I placed this original trade and below are the details of that trade. | |||||||||
| COVERED CALL BUY BACKS ARE PREMIEUM ONLY TRADES | |||||||||
| Stock Price - placed | Date | Expire WAS | Days On | ||||||
| $171.57 | May-28 | Jun-7 | 3 | ||||||
| Strike Price | Contracts | BUY BACK | Percentage Down | ||||||
| $180.00 | 5 | -$0.38 | -83.48% | ||||||
| Cash Flow Collected | Cash Flow Collected | ||||||||
| $960.00 | 1.06% | ||||||||
| REASONING FOR BUYING BACK THIS CCW OPTION (FINAL) | |||||||||
| WHY I CLOSED this CCW Trade on > AMD > With this option following some -83% and with a full week left I've decided to give back this 0.38 cents and we will use this extra day for time value and push out the expiration from June 7th to possibly June 21st to collect more premium and we'll just keep this trade going with my cost basis being $180.90 I need to keep working these shares until they're taken away | |||||||||
| UNIQUE CLOSED TRADE IDENTIFIER | AMD1802.3 | ||||||||
 | CLOSED TRADE ENDS | NEW TRADE BEGINS |  | |||||||
| ROLLED CCW TRADE DETAILS | |||||||||
| NEW CCW TRADE (ROLLED) DETAILS BELOW (OPEN) | |||||||||
| Today, May-31 I placed this NEW CCW trade and below are the details of that trade. | |||||||||
| Strike Price was | Strike Price | Expire | Days | ||||||
| $162.09 | $180.00 | Jun-28 | 28 | ||||||
| NEW Premium | Contracts | Projected Cash Flow | |||||||
| $2.27 | 5 | $1,135.00 | |||||||
| Projected CoC % | |||||||||
| 1.25% | |||||||||
| REASONING FOR ROLLING THIS MONEY VS JUST SITTING (FINAL) | |||||||||
| WHY I OPENED this CCW on > AMD > (28) day trade where I'm trying to capture anywhere from 3% - 5% for a monthly Covered Call trade. This trade will make $1,135 dollars which represents 1.25% on money invested. Further commentary > Stock is moving LOWER , my cost basis being $180.90 , I'll take this $2.27 in CC premium in hopes the stock moves higher , if shares are taken I will LOSE 0.90 cents a share but I'm ok with it just to get out of the position. | |||||||||
| UNIQUE NEW TRADE IDENTIFIER | AMD1802.27 | ||||||||
 | DIVIDEND TREE PURCHASE (IF ANY) | | |||||||
| DIVIDEND TREE | |||||||||
| DETAILS OF THE DIVIDEND STOCK I PURCHASED WITH PROFIT | |||||||||
| Using Covered Call profits , I want to buy dividend paying stocks to provide a passive income for me and my family , below I share if I purchased any | |||||||||
 | |||||||||
| DID I ADD TO A 'DIVIDEND TREE' WITH THE PROFITS? | |||||||||
| Using Covered Call profits , I want to buy dividend paying stocks to provide a passive income for me and my family , below I share if I purchased any | |||||||||
| DIVIDEND PAYING STOCK | SYM | Date | Shares | Total Cost | |||||
| YieldMax AMD Option Income Strategy ETF | AMDY | May-31 | 52 | $906.36 | |||||
| On May -31 using profits from a trade, I bought 52 - Shares of AMDY at Market - Filled at $17.42 - $900 | |||||||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/CLM?p=CLM | ||||||||
| 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. | |||||||||
| This is not a recommendation to buy or sell this stock | |||||||||
| Disclaimer - Yes - at the time of this posting I do own LEAPS Call Options. That could mean in my taxable , non-taxable accounts or both. I am by no means recommending this stock for purchase | |||||||||
| 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. | |||||||||
| 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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