| 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 10, 2024 | |||||||||
| CLOSED ORIGINAL CCW TRADE > DETAILS PREMIUM PROFIT ONLY | |||||||||
| Clean Spark Inc | CLSK |  | |||||||
| TRADE 1 > COLLECTED | TRADE 2 > PROJECTIONS | ||||||||
| $345.00 | $800.00 | ||||||||
| CLOSED CCW TRADE DETAILS | |||||||||
| ORIGINAL CCW TRADE DETAILS BELOW (OPEN) | |||||||||
| On Mar-6 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 | ||||||
| $17.95 | May-6 | May-10 | 4 | ||||||
| Strike Price | Contracts | BUY BACK | Percentage Down | ||||||
| $17.00 | 5 | -$0.06 | -96.47% | ||||||
| Cash Flow Collected | Cash Flow Collected | ||||||||
| $345.00 | 3.84% | ||||||||
| REASONING FOR BUYING BACK THIS CCW OPTION (FINAL) | |||||||||
| WHY I CLOSED this CCW Trade on > CLSK > MESSED UP!!! I did everything right ... the stock was trading @ $17.77 , only 0.05 in TV to pay back to close the trade for a profit ... I closed and the stock fell to $16.72 ...STUCK! so , although I have a cost basis of $17 now (last trade was an ITM strike) Im using the $18 strike to make a little more money , I feel comfortable holding these shares as Clear Spark earnings were good. > | |||||||||
| UNIQUE CLOSED TRADE IDENTIFIER | CLSK171.7 | ||||||||
 | CLOSED TRADE ENDS | NEW TRADE BEGINS |  | |||||||
| ROLLED CCW TRADE DETAILS | |||||||||
| NEW CCW TRADE (ROLLED) DETAILS BELOW (OPEN) | |||||||||
| Today, May-3 I placed this NEW CCW trade and below are the details of that trade. | |||||||||
| Strike Price was | Strike Price | Expire | Days | ||||||
| $16.80 | $18.00 | Jun-7 | 28 | ||||||
| NEW Premium | Contracts | Projected Cash Flow | |||||||
| $1.60 | 5 | $800.00 | |||||||
| Projected CoC % | |||||||||
| N/A | |||||||||
| REASONING FOR ROLLING THIS MONEY VS JUST SITTING (FINAL) | |||||||||
| WHY I OPENED this CCW on > CLSK > (28) day trade where I'm trying to capture anywhere from 3% - 5% for a monthly Covered Call trade. This trade will make $800 dollars which represents 8.91364902506964% on money invested. Further commentary > having lost the opportunity to sell the shares right at the moment I bought back the near term CC , I've decided we now need to reboot and sell the ~30 day CC and just move on ... this will be a nice little Krum should my shares be taken. | |||||||||
| UNIQUE NEW TRADE IDENTIFIER | CLSK181.6 | ||||||||
 | 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 | |||||
| Cornerstone Strategic Value Fund Inc. | CLM | May-10 | 43 | $328.52 | |||||
| On May -10 using profits from a trade, I bought 43 - Shares of CLM at Market - Filled at $7.639 - $325 | |||||||||
| 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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