| All rights reserved - Core Position Trading, LLC - 2025 | |||||||||
 | CLOSED CCW TRADE | ||||||||
| FINAL CLOSEOUT FOR THIS INVESTMENT - SHARES SOLD | CLOSED | ||||||||
WINNER | $2,655.00 | 4.83% | |||||||
| DAYS ON | THIS COVERED CALL TRADE IS CLOSED | ||||||||
| 4 | September 29, 2025 | October 3, 2025 | |||||||
BITX | TIME AND DATE STAMP | ||||||||
| Friday, October 3, 2025 | |||||||||
| 2x Bitcoin Strategy 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 | BITX551.75 | ||||||||
| Yahoo Chart Link > | https://finance.yahoo.com/quote/BITX?p=BITX | ||||||||
| COVERED CALL | |||||||||
| DETAILS FOR THIS COVERED CALL TRADE | |||||||||
| Today I CLOSED a Covered Call position on (BITX) | |||||||||
With this incredible move in Bitcoin and my strike price at $55, we’re going to go ahead and pay back the $0.25. This frees up the cash for the next 5+ days, giving me the flexibility to put on another cash-secured put or covered call somewhere else. With over five and a half days left, it doesn’t make sense to sit on the position just to squeeze out $0.25. Instead, we’ll take this trade off the board, free up the capital, and sell the remaining time to someone else. That’s how we do it: remove the risk 100%, lock in the premium profit, and move on to the next opportunity. | |||||||||
| ALL THE SELLING PREMIUM PROFITS/LOSSES | |||||||||
| ASSIGNED SHARES - CSP - PREMIUM COLLECTED | $1,155.00 | ||||||||
| LAST COVERED CALL, BUY BACK, SOLD SHARES | -$6,800.00 | ||||||||
| TOTAL SHARES PROFIT/LOSS (CASH) | -$5,645.00 | ||||||||
| MY COST BASIS ON THESE SHARES | |||||||||
| Cost Basis - shares | Acquired? | Shares | Total Cost | ||||||
| $55.00 | Assigned (CSP) | 1000 | $55,000.00 | ||||||
| Sold Shares | Total Profit/Loss | ||||||||
| $63.30 | $63,300.00 | ||||||||
| TOTAL SHARES PROFIT/LOSS (CASH) | $8,300.00 | ||||||||
| HOW MANY COVERED CALLS USING THESE SHARES? | |||||||||
| # of Trades | |||||||||
| 2 | |||||||||
| TOTAL PROFIT/LOSS (CASH) | $2,655.00 | ||||||||
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT | |||||||||
| MY FAVORITE COVERED CALL TRAINING VIDEO | |||||||||
| CLICK HERE TO WATCH CCW TRAINING |  | ||||||||
| https://youtu.be/gYDt4S6Ixhk | |||||||||
| BASIC CCW 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: Yes, I do own shares | |||||||||
| 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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