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 | 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 | ||||||||
| Tuesday, June 4, 2024 | |||||||||
| CLOSED ORIGINAL CCW TRADE > DETAILS PREMIUM PROFIT ONLY | |||||||||
| Direxion Daily Small Cap Bull 3x Shares | TNA |  | |||||||
| TRADE 1 > COLLECTED | TRADE 2 > PROJECTIONS | ||||||||
| $1,425.00 | $2,825.00 | ||||||||
| CLOSED CCW TRADE DETAILS | |||||||||
| ORIGINAL CCW TRADE DETAILS BELOW (OPEN) | |||||||||
| On Mar-31 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 | ||||||
| $37.82 | May-31 | Jun-7 | 4 | ||||||
| Strike Price | Contracts | BUY BACK | Percentage Down | ||||||
| $38.50 | 25 | -$0.32 | -64.04% | ||||||
| Cash Flow Collected | Cash Flow Collected | ||||||||
| $1,425.00 | 1.48% | ||||||||
| REASONING FOR BUYING BACK THIS CCW OPTION (FINAL) | |||||||||
| WHY I CLOSED this CCW Trade on > TNA > I know must will say , you only had 3 days before you'd have collected all this premium , but i dialed up a next friday and will collect some 0.95 cents for the same trade so we make back this and more ... I have no problem taking money off the board and stacking on my side of the table and this is $1,425 bucks ... Ill do this every time! | |||||||||
| UNIQUE CLOSED TRADE IDENTIFIER | TNA38.50.89 | ||||||||
 | CLOSED TRADE ENDS | NEW TRADE BEGINS |  | |||||||
| ROLLED CCW TRADE DETAILS | |||||||||
| NEW CCW TRADE (ROLLED) DETAILS BELOW (OPEN) | |||||||||
| Today, Jun-4 I placed this NEW CCW trade and below are the details of that trade. | |||||||||
| Strike Price was | Strike Price | Expire | Days | ||||||
| $36.50 | $38.50 | Jun-21 | 17 | ||||||
| NEW Premium | Contracts | Projected Cash Flow | |||||||
| $1.13 | 25 | $2,825.00 | |||||||
| Projected CoC % | |||||||||
| 2.93% | |||||||||
| REASONING FOR ROLLING THIS MONEY VS JUST SITTING (FINAL) | |||||||||
| WHY I OPENED this CCW on > TNA > (17) day trade where I'm trying to capture anywhere from 3% - 5% for a monthly Covered Call trade. This trade will make $2825. dollars which represents 2.93% on money invested. Further commentary > Pushing this trade out (1) more week than I would have liked, we'll carry this into Jun-21 expire day, at which I'm hoping my shares will be taken, closing this trade basically making good money with all of the CC's I done using this capital | |||||||||
| UNIQUE NEW TRADE IDENTIFIER | TNA38.51.13 | ||||||||
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| 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 | |||||||||
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