| All rights reserved - Core Position Trading, LLC - 2026 | |||||||||
 | CLOSEOUT TRADE | ||||||||
| POOR MAN'S COVERED CALL POSITION HAS BEEN CLOSED OUT | CLOSED | ||||||||
| WINNER | $1,644.00 | 5.85% | |||||||
| DAYS | THIS TRADE STARTED AND ENDED | ||||||||
| 22 | May 7, 2026 | May 29, 2026 | |||||||
DPST | TAX | TIME AND DATE STAMP | |||||||
| Friday, May 29, 2026 | |||||||||
| 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'. | |||||||||
| COMMENTARY AS TO WHY I ENDED THIS TRADE | |||||||||
| WHY I OPENED this PMCC Trade on > Daily Regional Banks Bull 3X ETF (DPST) | |||||||||
| NOTE: THIS TRADE STARTED OUT AS A 99 DELTA ITM CC using the 99 Delta stock moves higher, were able to buy back the option for about -0.05 cents , we then close the LEAPS call option and this trade is over ... making about 2x what the original trade was suppose to make ... 2 trades, out. | |||||||||
| HOW MUCH COVERED CALLS DID I DO AND THE PREMIUM ? | |||||||||
| Below are all of the Covered Calls I have sold while owning this position. It does includes the current active Covered Call Trade. | |||||||||
| Date Opened | Date Closed | Cash Flow | |||||||
| May-7 | May-15 | $816.00 | |||||||
| May-15 | May-29 | -$1,276.00 | |||||||
| -$460.00 | |||||||||
| THIS TRADE WAS PLACED INSIDE MY TAXABLE IRA ACCOUNT | |||||||||
 | LEAPS CALL OPTION INFORMATION | | |||||||
| LEAPS CALL OPTION SALE | |||||||||
| DETAILS OF THE LEAPS CALL OPTION I PURCHASED | |||||||||
| Below is the LEAPS Call Option purchase information. The performance part is based on a DELTA MOVE in the LEAPS vs the ACTUAL stock move so the numbers are as close as I can get them as DELTAs can change | |||||||||
| Symbol | Expiration | Strike | Paid | ||||||
| DPST | Jun-18 | $40.00 | -$70.24 | ||||||
| Contracts | Controlling shares | Delta | Investment | ||||||
| 4 | 400 | 0.99 | $28,096.00 | ||||||
| Sold | Current +/- | ||||||||
| $75.50 | (+) $5.26 | ||||||||
| HISTORY OF THE LEAPS PURCHASES | |||||||||
| Date | Stock $ | Strike | Paid | Contracts | Total $ | ||||
| 5/7/2026 | $117.56 | $40.00 | -$77.80 | 4 | -$31,120.00 | ||||
| $2,104.00 | |||||||||
| BASIC SUMMARY OF THE TRADE - CCW + LEAPS | | |||||||
| SUMMARY | |||||||||
| CLOSEOUT TOTALS / BREAKDOWN BY STEP | |||||||||
| BUY TO CLOSE SHORT POSITION | N/A | ||||||||
| TOTAL | N/A | ||||||||
| PAID FOR LEAPS | -$28,096.00 | ||||||||
| SOLD LEAPS | $30,200.00 | ||||||||
| TOTAL COVERED CALL PREMIUMS COLLECTED | -$460.00 | ||||||||
| TOTAL CASH FLOW | $1,644.00 | ||||||||
| CASH ON CASH % +/- | 5.85% | ||||||||
| 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? | |||||||||
| 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 | |||||||||
| DIVIDEND PAYING STOCK | SYM | Date | Shares | Total Cost | |||||
| Defiance S&P 500 Target Income ETF | SPYT | May-15 | 17 | $307.02 | |||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/SPYT | ||||||||
 | 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 | May-29 | 5 | $199.65 | |||||
| I took 25% of the total premium profit $199.65 and bought (5) shares of to keep all year and collect dividends on and come tax time I will sell equal dollars in said ETF to pay the tax man | |||||||||
| Yahoo Summary Link > | https://finance.yahoo.com/quote/XDTE | ||||||||
 | 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 - 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 | |||||||||
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