| All rights reserved - Core Position Trading, LLC - 2025 | |||||||||
 | CLOSED CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | CLOSED | ||||||||
WINNER | $900.00 | ||||||||
| DAYS ON | THIS CASH SECURED PUT TRADE IS CLOSED / NO ROLL | ||||||||
| 8 | September 29, 2025 | October 7, 2025 | |||||||
SMCX | TIME AND DATE STAMP | ||||||||
| Tuesday, October 7, 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 | SMCX301.3 | ||||||||
| Yahoo Chart Link > | https://finance.yahoo.com/quote/METU?p=METU | ||||||||
| DETAILS FOR THIS CASH SECURED PUT TRADE | |||||||||
| Today, (10) Cash Secured Put contract(s) were bought back onDefiance Daily Target 2X Long SMCI ETF (ticker: SMCX) for the Oct-17-2025 Expiration Date, $30 Strike Price for a Premium of $1.3 > SMCX was trading for $36.42 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 $0.9 or 3% 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 | ||||||
| $36.42 | Sep-29 | Oct-17 | 8 | ||||||
| Strike Price | Premium WAS | The Buy Back | Cash Flow Collected | ||||||
| $30.00 | $1.30 | -$0.40 | $900.00 | ||||||
| Contracts | Cash Invested? | Cash Flow Collected | |||||||
| 10 | $30,000.00 | 3.00% | |||||||
| COMMENTARY AS TO WHY I CLOSED THIS TRADE | |||||||||
| WHY I CLOSED this CSP on > SMCX | |||||||||
| This SMCX trade closes after (8) days of being on for reasons I outline below. Nice little trade, cant be unhappy making $900 in 8 days ... do I think SMCX will get to this strike? Nah, but I pocket this and will use the TIME to place another trade and try to make the 0.40 cents back ... > the stock has fallen such that this option is down -69.23% which means we will use TIME to our advantage and close this trade, taking risk off the table and now have cash back in the account to make another trade > having this much downside protection to start the start at the bottom of the range lets us close trades early as a favorable move higher happened for us | |||||||||
| -50% , -10% RULES (PRICES WHEN I MIGHT BUY BACK) | |||||||||
| Premium | -50% | 10% Rule | My Buy Back was? | ||||||
| $1.30 | $0.65 | $0.13 | -$0.40 | ||||||
| -50% Rule? | Percentage Down | ||||||||
| YES | -69.23% | ||||||||
| 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 | |||||||||
 | IRA > NO DIVIDEND TREE OR TAX BUCKET | | |||||||
| IRA TRADE | |||||||||
| LETTING MONEY BUILD THE ACCOUNT SIZE | |||||||||
| Because this is in my non-taxable account I'm just going to use the premium to build the account size to make more premium versus buying dividend paying funds will save that for all my taxable accounts and with no tax implications we're not going to put any money in the tax bucket either | |||||||||
| 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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| © 2025 Core Position Trading, LLC and the CPT Dashboard - All Rights Reserved | |||||||||
| Disclaimer | |||||||||
 | CLOSED TRADE <-------> OPEN TRADE |  | |||||||
| All rights reserved - Core Position Trading, LLC - 2025 | |||||||||
| NEW CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | OPEN | ||||||||
| DAYS | THIS NEW CSP TRADE BEGINS AND ENDS | ||||||||
| 18 | September 29, 2025 | October 17, 2025 | |||||||
SMCX | TIME AND DATE STAMP | ||||||||
| Monday, September 29, 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 | SMCX301.3 | ||||||||
| Yahoo Summary Page > | https://finance.yahoo.com/quote/SMCX?p=SMCX | ||||||||
| DETAILS FOR THIS CASH SECURED PUT TRADE | |||||||||
| Today a NEW Cash Secured Put position was opened using Defiance Daily Target 2X Long SMCI ETF (ticker: SMCX) when the stock was trading for $36.42 a shares. I sold (10) Cash Secured Put contract(s) using (1000) shares worth of money for the (October)-17-2025 Expiration Date, $30 Strike Price receiving a Premium of $1.3 of $1300 in upfront cash flow to begin this trade. This would be an (OTM) Cash Secured Put. | |||||||||
| COMMENTARY AS TO WHY I OPENED THIS TRADE | |||||||||
| WHY I OPENED this CSP on > SMCX | |||||||||
| This trade begins as a (18) day trade where I'm trying to capture anywhere from 1.2% - 1.3% for a weekly Cash Secured Put and 3% or more for a monthly expiration. This trade will make $1300 which is 4.33% on money invested | |||||||||
| Further commentary as to why I opened this trade > | |||||||||
| SMCX (2x Leveraged ETF to Super Micro ) > I’ve been watching SMCI, and over the past month it’s just been treading water, trading in a range. Looking at this range, the $30 strike would essentially backfill the last gap-up. If I’m assigned the shares on October 17th at $30, I suspect that even if the stock falls to $30 — or even to the absolute bottom around $27 — I could still write a 30-day covered call at my $30 cost basis and likely make 4–5%. That makes this a very conservative trade. For now, we’ll just watch it, let it percolate, and hopefully exit the trade with about $1,300 in profit without ever being assigned shares. Also, SMCI would have to fall some -9% ... which it could ... I just dont see that happening so we will go with it NOTE: THE ONLY REASON I USE SMCX IS BECASUE I DO OWN SMCI ... OTHERWISE I PROBABLY WOULDNT USE IT | |||||||||
| 2 trade plan (Cash Secured Put + Covered Call) if needed a second trade > | |||||||||
| This trade is , trade #1 ... a CSP for a premium profit of $1300. If this trade expires worthless of I buy the option back profitable later , all good but if I were to be assigned the shares and the stock price in a worse case scenario fell an additional -$0 , I could then do an at my cost basis CCW making a possible $3.4 (hypothetical based on the trade numbers at the time of this post) so that would be $1.3 for trade #1 and $3.4 for trade #2 which would equal (these being the same timeframe for each) $4.7 in the same timeframe (that means, if this OPEN CSP trade is 1 week and are assigned the shares, the CC projected premium is for the same 1 week, so on) | |||||||||
| > as with every trade, I will manage this trade as it approaches expiration ... buying back the option if it adheres to my -50% and 0.10 cent guidelines. -50% guideline being, such this option price fall 50% or more in the first 2 weeks I will buy back and look to roll the option - if the this option falls to 0.10 or less (in most cases) I will buy back the option and roll it for another credit if it presents itself. | |||||||||
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT | |||||||||
| NO EARNINGS DURING THIS TIMEFRAME | |||||||||
| NO EX-DIVIDEND DATE DURING THIS TIMEFRAME | |||||||||
| PROJECTED PROFIT POTENIAL (CSP PREM ONLY) | |||||||||
| Stock Price - placed | Date | Total Prem$ | Contracts | ||||||
| $36.42 | Sep-29 | $1.30 | 10 | ||||||
| Strike Price | Expire | Days | Projected Cash Flow | ||||||
| $30.00 | Oct-17 | 18 | $1,300.00 | ||||||
NOTE: I will take any profits from this trade and buy equal amounts of a dividend paying stocks for passive income (TBD) | Projected CoC% gain | ||||||||
| 4.33% | |||||||||
| Cash Invested? | Projected Prem? | CoC% | |||||||
| $30,000.00 | $1,300.00 | 4.33% | |||||||
| General plan for my Cash Secured Puts Cash on Cash % investments > I like to generate a 2% Cash on Cash return on my money invested ... depending on the timeframe ... 1 week, 1% is ok but if 30 days I want more like 2 ot 3% perferred | |||||||||
| -50% , -10% RULES (PRICES WHEN I MIGHT BUY BACK) | |||||||||
| Premium | -50% Rule | 10% Rule | |||||||
| $1.30 | $0.65 | $0.13 | |||||||
| 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 | |||||||||
| 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 a position in this stock (the cash secured put). 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 | |||||||||
| © 2025 Core Position Trading, LLC and the CPT Dashboard - All Rights Reserved | |||||||||
| Disclaimer | |||||||||
