| All rights reserved - Core Position Trading, LLC - 2026 | |||||||||
 | CLOSED CSP TRADE | ||||||||
| STANDARD CASH SECURED PUT TRADE IS NOW | CLOSED | ||||||||
ADDED CASH FLOW | $1,020.00 | ||||||||
| DAYS ON | THIS CASH SECURED PUT TRADE IS CLOSED / NO ROLL | ||||||||
| 8 | February 26, 2026 | March 6, 2026 | |||||||
IREN | TIME AND DATE STAMP | ||||||||
| Friday, March 6, 2026 | |||||||||
| IREN Ltd | |||||||||
| 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 | IREN39.51.02 | ||||||||
| Yahoo Summary Page > | https://finance.yahoo.com/quote/IREN?p=IREN | ||||||||
| - | |||||||||
| DETAILS FOR THIS CASH SECURED PUT TRADE | |||||||||
| Today, (10) Cash Secured Put contract(s) were bought back onIREN Ltd (ticker: IREN) for the Mar-6-2025 Expiration Date, $39.5 Strike Price for a Premium of $1.02 > IREN was trading for $45.02 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 $1.02 or 2.58% 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 | ||||||
| $45.02 | Feb-26 | Mar-6 | 8 | ||||||
| Strike Price | Premium WAS | The Buy Back | Cash Flow Collected | ||||||
| $39.50 | $1.02 | $0.00 | $1,020.00 | ||||||
| Contracts | Cash Invested? | Percentage Gain | |||||||
| 10 | $39,500.00 | 2.58% | |||||||
| - | |||||||||
| COMMENTARY AS TO WHY I CLOSED THIS TRADE | |||||||||
| WHY I CLOSED this CSP on > IREN | |||||||||
| This IREN trade closes after (8) days of being on for reasons I outline below. > stock falls below my strike price so I will be assigned the shares and will start a covered call on the shares come Monday | |||||||||
| - | |||||||||
| -50% , -10% RULES (PRICES WHEN I MIGHT BUY BACK) | |||||||||
| Premium | -50% | 10% Rule | My Buy Back was? | ||||||
| $1.02 | $0.51 | $0.10 | $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 | |||||||||
