| All rights reserved - Core Position Trading, LLC - 2026 |
 | CCW CLOSEOUT |
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| THIS 99 DELTA ITM COVERED CALL IS CLOSED OUT | CLOSED |
| This trade used the 99 Delta ITM Call Option to support the trade. I did not purchase shares in the tragonal ITM Covered Call trade which allowed me to make more CoC % gain on money invested |
| Today I CLOSED this 99 DELTA ITM CCW position on DPST |
as the time value part of this option falls to 0.09 cents, i buy back and we will give back -$135 to close it early as DPST has moved over $130 ... another good trade. Here is the rest of this story ... I placed that buy back yesterday in Limit and it took ... I did not notice or remembered it was in Limit ... this morning I noticed it gone (the $119 call) and then saw that DPST was trading at $134.20 ... I sell my 99 Delta's that support this trade and we make a whopping $9,450 in total.
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| This trade makes $9,450 in Covered Call trade profit. The stock has traded such that I've bought this option which makes $9,450 or 10.71% on money invested. |
| THIS TRADE WAS PLACED INSIDE MY NON-TAXABLE IRA ACCOUNT |
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| DETAILS FOR THE LAST COVERED CALL | CLOSED |
| To understand the buy back cost, you remove the intrinsic value from the current real time option price from the current real time stock price ... this would represent the remaining time value left in the option. This is what you subtract from your original covered call premium profit to get your final covered call premium profit for this trade. |
| Date Open | Stock Price | Strike Price | Premium |
| Jun-17 | $128.55 | $119.00 | $11.50 |
| Date Closed | Stock Price | Time Value Cost | Buy Back |
| Jun-26 | $117.07 | $0.60 | -$10.90 |
| Buy Back Cost |
| $900.00 |
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| DETAILS FOR THE 99 DELTA CALL OPTION | SOLD |
| Date Open | 99 Delta Strike | 99 Delta Cost | 99 Delta Total Cost |
| Jun-17 | $50.00 | $58.80 | -$88,200.00 |
| Date Closed | | 99 Delta Sold | 99 Delta Total Sold |
| Jun-26 | | $64.50 | $96,750.00 |
| 99 Delta Profit/Loss |
| $8,550.00 |
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| UNIQUE TRADE IDENTIFIER | DPST11911.5 |
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| CLOSEOUT TOTALS / BREAKDOWN BY STEP |
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| PAID FOR 99 DELTA | -$88,200.00 |
| SOLD 99 DELTA | $96,750.00 |
| TOTAL COVERED CALL PREMIUMS COLLECTED | $900.00 |
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| TOTAL CASH FLOW | $9,450.00 |
| CASH ON CASH % +/- | 10.71% |
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| JUST KEEPING IN THE IRA TO BUILD THE BANK ROLL | YES |
| 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 |
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| This is not a recommendation to buy or sell this stock |
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| 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. |
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| 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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