| All rights reserved - Core Position Trading, LLC - 2026 | |||||||||
 | CLOSEOUT TRADE | ||||||||
| POOR MAN'S COVERED CALL POSITION HAS BEEN CLOSED OUT | CLOSED | ||||||||
| WINNER | $3,065.00 | 9.67% | |||||||
| DAYS | THIS TRADE STARTED AND ENDED | ||||||||
| 22 | May 21, 2026 | June 12, 2026 | |||||||
DPST | IRA | TIME AND DATE STAMP | |||||||
| Friday, June 12, 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'. | |||||||||
| EVERY TRADE - LINK BELOW | |||||||||
| https://docs.google.com/spreadsheets/d/e/2PACX-1vTaqrgn8ZzPSB5_rexjJuOWps4bUP29wjrNnlnWOvR6L-mP57PyNC1THFSWNpGtP2ljFVqz2EQ9Cfur/pubhtml?gid=705057581&single=true | |||||||||
| PMCC CLOSE OUT | |||||||||
| DETAILS FOR THIS COVERED CALL TRADE | |||||||||
| Today, (5) Covered Call contract(s) were bought back on ticker: DPST | |||||||||
| COMMENTARY AS TO WHY I ENDED THIS TRADE | |||||||||
| WHY I OPENED this PMCC Trade on > Daily Regional Banks Bull 3X ETF (DPST) | |||||||||
| We were able to buy back the covered call with only $0.22 of time value premium remaining, even though the option doesn't expire until Friday, June 12th. With most of the premium already captured, it made sense to close that leg of the trade and lock in the gains. With positive momentum returning to the market this morning, we then sold the 99 Delta Deep In-the-Money Call Option for $86.50, allowing us to capitalize on the strength in the underlying stock while efficiently closing the position. When combining the profits from the in-the-money covered call strategy and the appreciation in the 99 Delta call option, the trade generated a total profit of approximately $3,065, representing a 9.67% cash-on-cash return since the position was opened on May 21st. Another successful 99 Delta Deep In-the-Money Covered Call trade in the books. The goal isn't to hit home runs. The goal is to consistently put high-probability trades on the field, manage risk, harvest premium, and let the numbers compound over time. | |||||||||
| 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 | CoC% +/- | ||||||
| May-21 | May-29 | -$6,345.00 | |||||||
| Jun-4 | Jun-12 | -$2,150.00 | |||||||
| -$8,495.00 | |||||||||
| THIS TRADE WAS PLACED INSIDE MY NON-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 | |||||||||
| Expiration | Strike | Paid | |||||||
| Jun-18 | $40.00 | -$63.38 | |||||||
| Contracts | Controlling shares | Delta | Investment | ||||||
| 5 | 500 | 0.99 | $31,690.00 | ||||||
| Sold | Current +/- | ||||||||
| $86.50 | (+) $23.12 | ||||||||
| HISTORY OF THE LEAPS PURCHASES | |||||||||
| Date | Stock $ | Strike | Paid | Contracts | Total $ | ||||
| 5/21/2026 | $111.79 | $40.00 | -$71.17 | 5 | $35,585.00 | ||||
| THE ORGINIAL .099 DELTA ITM CC INTRINSIC VALUE --> | Delta | -$3,895.00 | |||||||
| #REF! | $0.00 | ||||||||
| $11,560.00 | 36.48% | ||||||||
| 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 | -$31,690.00 | ||||||||
| SOLD LEAPS | $43,250.00 | ||||||||
| TOTAL COVERED CALL PREMIUMS COLLECTED | -$8,495.00 | ||||||||
| TOTAL CASH FLOW | $3,065.00 | ||||||||
| CASH ON CASH % +/- | 9.67% | ||||||||
 | 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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