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| NEW TRADE ALERT |
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| Tuesday, December 31, 2019 |
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| Covered Call Option Buy Back |
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| Closed a Covered Call position with ROKU Inc. (ROKU) this week |
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| Brief Description of WHY I did this trade and my expectations for it |
| I closed this trade literally 4 days after putting it on ... the stock had fallen from $141 to $134x ... the option I got $10.65 had fallen by 1/2 ... and on this day I noticed ROKU was trading Up... so thinking that after the new year, ROKU might trade back to $141 ... I decided to buy this option back with the plan to let the stock move higher then write another covered call trying to collect another credit. |
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| Trade Breakdown with the BUY BACK Calc |
| COMPANY | SYMBOL | SHARES | STOCK PRICE | STRIKE |
| ROKU Inc. | ROKU | 100 | $143.25 | $141.00 |
| PREMIUM RECV | BUY BACK PRICE | DIFFERENCE | CASH PROFIT | CoC% GAIN |
| $10.65 | $5.80 | $4.85 | $485.00 | 3.44% |
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| Always look at a companies chart ... it tells a story and that story could be UP or DOWN |
