| All rights reserved - Core Position Trading, LLC - 2025 | |||||||||
 | CLOSED CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | CLOSED | ||||||||
| N - This would be a trade in my Sons account | |||||||||
WINNER | $825.00 | ||||||||
| DAYS ON | THIS CASH SECURED PUT TRADE IS CLOSED / NO ROLL | ||||||||
| 10 | June 6, 2025 | June 16, 2025 | |||||||
SMCX | TIME AND DATE STAMP | ||||||||
| Monday, June 16, 2025 | |||||||||
| Defiance Daily Target 2X Long SMCI ETF | |||||||||
| 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'. | |||||||||
| UNIQUE TRADE IDENTIFIER | SMCX341.95 | ||||||||
| Yahoo Chart Link > | https://finance.yahoo.com/quote/SMCX/chart | ||||||||
| DETAILS FOR THIS CASH SECURED PUT TRADE | |||||||||
| Today, (5) Cash Secured Put contract(s) were bought back onDefiance Daily Target 2X Long SMCI ETF (ticker: SMCX) for the Jun-20-2025 Expiration Date, $34 Strike Price for a Premium of $1.95 > SMCX was trading for $37.46 a share when I placed this trade. Because I bought this option back early, I did not make max profit. The final profit / cash flow collected it posted below. Instead of making the original premium, I collected $1.65 or 4.85% of the total projected cash flow for this trade. | |||||||||
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT | |||||||||
| CASH SECURED PUTS ARE PREMIUM ONLY TRADES | |||||||||
| Stock Price - placed | Date | Expire WAS | Days On | ||||||
| $37.46 | Jun-6 | Jun-20 | 10 | ||||||
| Strike Price | Premium WAS | The Buy Back | Cash Flow Collected | ||||||
| $34.00 | $1.95 | -$0.30 | $825.00 | ||||||
| Contracts | Cash Invested? | Cash Flow Collected | |||||||
| 5 | $17,000.00 | 4.85% | |||||||
| COMMENTARY AS TO WHY I CLOSED THIS TRADE | |||||||||
| WHY I CLOSED this CSP on > SMCX | |||||||||
| This SMCX trade closes after (10) days of being on for reasons I outline below. Always remember we sell time so if an option has fallen considerably think of it this way for 14 days all he can make is $0.30 I believe I could take this money use this additional 14 days and I can make back this 30 cents and even more whether using this stock or something else it's all about selling time | |||||||||
| -50% , -10% RULES (PRICES WHEN I MIGHT BUY BACK) | |||||||||
| Premium | -50% | 10% Rule | My Buy Back was? | ||||||
| $1.95 | $0.98 | $0.20 | -$0.30 | ||||||
| -50% Rule? | Percentage Down | ||||||||
| YES | -84.62% | ||||||||
| What does this mean? If within the first week the option falls 50% I will buy back the option and look to roll for another credit ... if the option falls to 10% of the value, I will buy back and roll. | |||||||||
| MY FAVORITE CASH SECURED PUT TRAINING VIDEO | |||||||||
| CLICK HERE TO WATCH CSP TRAINING |  | ||||||||
| https://www.youtube.com/watch?v=JhmmSJBt_dg | |||||||||
| BASIC CSP TRAINING | |||||||||
 | 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? | |||||||||
| Dividend Paying Stock | SYM | Date | Shares | Total Cost | |||||
| YieldMax Ultra Option Income Strategy ETF | ULTY | Jun-16 | 100 | $625.00 | |||||
| On Jun - 16 - I bought 100 shares of ULTY at market - Filled at $6.25 - $618.75 < - > I then took 25% of the total premium profit and bought 4 shares of XDTE paying $43.56 per share for taxes purposes | |||||||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/ULTY?p=ULTY | ||||||||
 | TAX BUCKET DEPOSIT (IF ANY) | | |||||||
| TAX BUCKET | |||||||||
| DID I SAVE SOME MONEY FOR TAXES? | |||||||||
| Saving money from profits to help pay for taxes is important so I moved over this amount and bought this dividend ETF as a place holder for the tax year | |||||||||
| DIVIDEND PAYING STOCK | SYM | Date | Shares | Total Cost | |||||
| Roundhill S&P 500 0DTE Covered Call Strategy ETF | XDTE | Jun-16 | $4.00 | $174.24 | |||||
| I am currently setting aside 25% of all profits for this purpose | |||||||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/XDTE | ||||||||
| 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 - No - at the time of this posting I did not own the shares of this equity ... I risk my own money on this trade and am accountable for the trade results | |||||||||
| 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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