| All rights reserved - Core Position Trading, LLC - 2025 | |||||||||
 | CLOSED CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | CLOSED | ||||||||
| ASSIGNED | $1,385.00 | ||||||||
| BUT SHARES ARE DOWN | |||||||||
| DAYS ON | THIS CASH SECURED PUT TRADE IS CLOSED | ||||||||
| 29 | October 23, 2025 | November 21, 2025 | |||||||
SMCX | TIME AND DATE STAMP | ||||||||
| Friday, November 21, 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 | SMCX272.77 | ||||||||
| Yahoo Chart Link > | https://finance.yahoo.com/quote/SMCX/chart | ||||||||
| CASH SECURED PUT | |||||||||
| DETAILS FOR THIS CASH SECURED PUT TRADE | |||||||||
| Today I CLOSED this Covered Call position on (SMCX) | |||||||||
| Today, (5) Cash Secured Put contracts closed assigning me the shares of 500 (ticker: SMCX)which was for the Nov-21-2025 Expiration Date, $27 Strike Price for a Premium of $2.77 > SMCX was trading for $36.45 a share. Because I was assigned the shares, I did make max profit on the trade. The final profit / cash flow collected it posted below. I collected $2.77 or 100% 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 | |||||||||
| I was assigned these shares with the Cost Basis for my stock being the Strike Price of this Cash Secured Put. | |||||||||
| Stock Price - placed | Date | Expire WAS | Days On | ||||||
| $36.45 | Oct-23 | Nov-21 | 29 | ||||||
| Strike Price | Contracts | BUY BACK | Cash Flow Collected | ||||||
| $27.00 | 5 | $0.00 | $1,385.00 | ||||||
| Cash Invested? | Cash Flow Collected | ||||||||
| $13,500.00 | 10.26% | ||||||||
| WHY THIS CASH SECURED PUT WAS CLOSED (ASSIGNED/BUYBACK) | |||||||||
| WHY I CLOSED this CSP on > SMCX | |||||||||
| option expires in the money, I am assigned the shares at this strike price and will on monday start a covered call campaign using this cost basis for a 30 day trade. | |||||||||
| 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% preferred | |||||||||
| -50% , -10% RULES (PRICES WHEN I MIGHT BUY BACK) | |||||||||
| Premium | -50% | 10% Rule | My Buy Back was? | ||||||
| $2.77 | $1.39 | $27.00 | $0.00 | ||||||
| -50% Rule? | Percentage Down | ||||||||
| YES | -100.00% | ||||||||
| 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: 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 | |||||||||
| © 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 | ||||||||
| 30 | October 23, 2025 | November 21, 2025 | |||||||
SMCX | TIME AND DATE STAMP | ||||||||
| Thursday, October 23, 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 | SMCX272.77 | ||||||||
| 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 $36.45 a shares. I sold (5) Cash Secured Put contract(s) using (500) shares worth of money for the (October)-21-2025 Expiration Date, $27 Strike Price receiving a Premium of $2.77 of $1385 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 (29) 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 $1385 which is 10.26% on money invested | |||||||||
| Further commentary as to why I opened this trade > | |||||||||
| SMCX (2x Leveraged ETF to Super Micro ) > Super Micro Computer (SMCI) stock is under pressure after the chipmaker released preliminary first quarter net sales of $5 billion, falling short of analyst estimates of $6.5 billion. Yahoo Finance - so I could see this falling even more ... likely this news will be absorded and over the next 2 weeks it will fall ... but to fall to $27? I cant beleive that ... so we do this conservative (5) contract trade for now | |||||||||
| 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 $1385. 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 $6.85 (hypothetical based on the trade numbers at the time of this post) so that would be $2.77 for trade #1 and $6.85 for trade #2 which would equal (these being the same timeframe for each) $9.62 in the same timeframe (that means, if this OPEN CSP trade is 1 week and are assigned the shares, the CC projected premium is for the same 1 week, so on) | |||||||||
| > as with every trade, I will manage this trade as it approaches expiration ... buying back the option if it adheres to my -50% and 0.10 cent guidelines. -50% guideline being, such this option price fall 50% or more in the first 2 weeks I will buy back and look to roll the option - if the this option falls to 0.10 or less (in most cases) I will buy back the option and roll it for another credit if it presents itself. | |||||||||
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT | |||||||||
| NO EARNINGS DURING THIS TIMEFRAME | |||||||||
| NO EX-DIVIDEND DATE DURING THIS TIMEFRAME | |||||||||
| PROJECTED PROFIT POTENIAL (CSP PREM ONLY) | |||||||||
| Stock Price - placed | Date | Total Prem$ | Contracts | ||||||
| $36.45 | Oct-23 | $2.77 | 5 | ||||||
| Strike Price | Expire | Days | Projected Cash Flow | ||||||
| $27.00 | Nov-21 | 29 | $1,385.00 | ||||||
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 | ||||||||
| 10.26% | |||||||||
| Cash Invested? | Projected Prem? | CoC% | |||||||
| $13,500.00 | $1,385.00 | 10.26% | |||||||
| 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 | |||||||
| $2.77 | $1.39 | $0.28 | |||||||
| 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 | |||||||||
| DID I BUY A DIVIDEND FUND WHILE WAITING? | |||||||||
| While I hold this cash-secured put, I’m going to take the premium and put it to work by buying a dividend-paying fund for the timeframe. Figuring I’ll buy this option back for $0.10 or less, I’ll take the entire premium (minus that $0.10) and buy a fund — making additional income and using my cash flow as efficiently as possible. | |||||||||
| Dividend Paying Stock | SYM | Date | Shares | Total Cost | |||||
| Defiance Leveraged Long Income SMCI ETF | SMCC | Oct-24 | 65 | $1,335.00 | |||||
| While I'm holding this Cash Secured Put premium until this trade ends I will use this premium less 0.10 cents to purchase this dividend paying fund to collect extra cash flow while waiting , I will then SELL the dividend paying fund and tally up all the gains/losses at the end of this CSP trade > for this fund purchase I used equal amounts of premium to purchase -> SMCC-> this many shares -> 65 -> using this much money -> 1335 | |||||||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/SMCC | ||||||||
| 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 | |||||||||
