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| DISCLAIMER: These trades I have already done. I'm not recommending these stocks as a purchase/trade. Think of it like this, I'm 'Showing you the World thru my Eyes'. |
| MONTHLY TRADE RECAP |
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| UCPTD Monthly Trade Recap - May 2020 |
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| Using Covered Calls and Cash Secured Puts ONLY! |
| What constitutes a profit? Covered Call and Cash Secured Put premium and if I purchased a stock or ETF to use exclusively for the selling premium strategy and I sell the stock during the same time frame for a profit and or if my shares are taken away from me at a profit. Simple as that - now let's break it down! |
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| TRADES | PROFITS | WINNERS | LOSERS |
| 17 | $15,267.44 | 16 | 1 |
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| My summary of the Month, Expectations and Results |
| May 2020 turns out to be my highest month ever since starting this 4 years ago ... using great S&P 500 type companies like 3M, Facebook, Travelers, JP Morgan Chase ... the S&P 500 3x ETF UPRO and 3x ETF UDOW ... even ROKU brought profits to the month. Making $15,267 FAR EXCEEDED my $2,500 monthly goal ... it's an unbelievable feeling knowing we've learned a skill that we can profit from ... use in retirement for income ... pay some bills or just live the good life. I'm blessed and truly appreciate the talent I have gained learning and doing this. Wow, what a month! |
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| The Monthly Krums! |
| Legend | Stock Sell | CC Premium | CSP Premium | |
| COMPANY | SYMBOL | % GAIN | DAYS | $$$ |
| Facebook | FB | 2.97% | 25 | $948.96 |
| Facebook | FB | 4.94% | 37 | $1,600.00 |
| Travelers Co. | TRV | 4.18% | 42 | $1,153.96 |
| JP Morgan Chase | JPM | 1.90% | 10 | $538.96 |
| 3M Corp. | MMM | 3.25% | 1 | $1,348.96 |
| ROKU | ROKU | 5.90% | 1 | $811.96 |
| UPRO | UPRO | 1.85% | 13 | $323.96 |
| ROKU | ROKU | 4.89% | 7 | $623.96 |
| UPRO | UPRO | 1.95% | 7 | $1,123.96 |
| UPRO | UPRO | -0.15% | 7 | -$76.04 |
| 3M Corp. | MMM | 1.26% | 7 | $517.96 |
| UDOW | UDOW | N/A | 7 | $408.96 |
| UPRO | UPRO | 4.03% | 7 | $2,028.96 |
| UPRO | UPRO | 4.00% | 7 | $143.96 |
| UPRO | UPRO | 3.16% | 7 | $1,770.00 |
| UPRO | UPRO | 2.56% | 7 | $998.96 |
| UPRO | UPRO | 2.56% | 7 | $1,000.00 |
| These trades are 100% closed - I may still own the shares | $15,267.44 |
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| My thoughts on the Monthly Krums! (above) |
| Continued using some high volatility stocks to generate some serious premiums ... because I've used these over the years I do not have any problems playing them ... May 2020, at this point is a time where US economies are coming back online from the virus shutdown ... so we benefited from a moving higher stock market ... I will take it, AGAIN! |
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| Expectation vs Actual |
| What am I seeing here? Did you lose this money? No, this is the money I expected to make when I place the trade. If the Actual money made is less than the Expectation then I bought back the option not making MAX profit as attended. |
| COMPANY | SYMBOL | EXPECTATION | ACTUAL | DIFFERENCE |
| Facebook | FB | $948.96 | $948.96 | |
| Covered Call went to expiration, shares were taken |
| Facebook | FB | | $1,600.00 | |
| Stock was sold @ at profit |
| Travelers Co. | TRV | $5,100.00 | $1,153.96 | -$3,946.04 |
| Bought back this option, the stock fell so that the option was cheap. |
| JP Morgan Chase | JPM | $2,349.00 | $538.96 | -$1,810.04 |
| Bought back this option, the stock fell so that the option was cheap. |
| 3M Corp. | MMM | $3,357.00 | $1,348.96 | -$2,008.04 |
| Covered Call went to expiration, shares were *not* taken |
| ROKU | ROKU | $765.00 | $811.96 | $46.96 |
| Bought back this option, the stock fell so that the option was cheap. ITM option |
| UPRO | UPRO | $2,475.00 | $323.96 | -$2,151.04 |
| Bought back this option, the stock fell so that the option was cheap. |
| ROKU | ROKU | $1,363.00 | $623.96 | -$739.04 |
| Bought back this option, the stock fell so that the option was cheap. |
| UPRO | UPRO | $2,265.00 | $1,123.96 | -$1,141.04 |
| Bought back this option, the stock fell so that the option was cheap. |
| UPRO | UPRO | $3,300.00 | -$76.04 | -$3,376.04 |
| Sold a Covered Call, then had to buy back the option to avoid having shares taken lower |
| 3M Corp. | MMM | $1,536.00 | $517.96 | -$1,018.04 |
| I bought back this option higher, adding to my cost basis, then rolled up for an credit |
| UDOW | UDOW | $800.00 | $408.96 | -$391.04 |
| CSP I bought back much cheaper |
| UPRO | UPRO | $2,028.96 | $2,028.96 | |
| Covered Call went to expiration, shares were taken |
| UPRO | UPRO | $143.96 | $143.96 | |
| Covered Call went to expiration, shares were taken |
| UPRO | UPRO | | $1,770.00 | |
| Stock was sold @ at profit |
| UPRO | UPRO | $998.96 | $998.96 | |
| Covered Call went to expiration, shares were taken |
| UPRO | UPRO | | $1,000.00 | |
| Stock was sold @ at profit |
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| My thoughts on the real results (above) |
| Stock sales were the highlight of the month ... having shares being taken higher ... making MAX Profit ... this is what writing covered calls is ALL ABOUT! Making Max Profits, we move on! |
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| Comparing over the years |
| These totals represent what I've made during this month of the year since I started selling premium |
| 2020 | 2019 | 2018 | 2017 | 2016 |
| $15,267.44 | $3,842.30 | $2,087.78 | $1,212.32 | NO DATA |
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| Final thoughts on this month as compared to the past (above) |
| UNREAL results ... May 2020 is my high watermark ... not sure I can top these type numbers ... with markets higher, using the leveraged ETF's the follow the major indexes (directional plays) really fueled my profits. Let's see if June is different as I will be writing the typical 30 day trades on my stocks and will keep the ex ETF plays going as I can. |
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| THIS MONTHLY RECAP IS A WORK IN PROGRESS! - THIS BEING MY FIRST ONE - MORE TO COME! |
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| Disclaimer - Yes - at the time of this posting I do have a position in one or more of these equities. By posting this I am by no means recommending this equity and am not front running for its performance. I have risked my own money and am accountable for the trade results. |
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| 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. |
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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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