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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 |  | |||
| UCPTD Monthly Trade Recap - September 2020 | ||||
| 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 timeframe 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! | ||||
| TRADES | PROFITS | WINNERS | LOSERS | |
| 11 | $3,022.72 | 9 | 2 | |
| My summary of the Month, Expectations and Results | ||||
| September 2020 was a good one for me ... another month where I achieved my goal of $2,500 ... with my (2) losers being stock sales where I gave up on the stock ... and although 2020 didn't exceed 2019's results ... were still making the kind of money I think would let me live the good life in retirement. See below for all the results from the month. | ||||
| The Monthly Krums! | ||||
| Legend | Sold Stock | CC Premium | CSP Premium | |
| COMPANY | SYMBOL | % GAIN | DAYS | $$$ |
| 3M Corp. | MMM | 2.59% | 38 | $1,206.00 |
| 3M Corp. | MMM | 2.30% | 30 | $1,069.96 |
| Workhorse Group Inc. | WKHS | 14.06% | 14 | $1,298.96 |
| Wynn Resorts | WYNN | 2.49% | 29 | $198.96 |
| DraftKings | DKNG | 5.56% | 15 | $1,198.96 |
| JP Morgan Chase | JPM | 1.06% | 23 | $523.96 |
| Wynn Resorts | WYNN | -26.57% | 200 | -$2,577.00 |
| SIMO | SIMO | -15.67% | 84 | -$2,115.00 |
| Workhorse Group | WKHS | 6.19% | 12 | $728.96 |
| Pinterest Inc. | PINS | -5.08% | 30 | -$1,731.04 |
| Pinterest Inc. | PINS | 8.94% | 41 | $3,220.00 |
| These trades are 100% closed - I may still own the shares | $3,022.72 | |||
| My thoughts on the Monthly Krums! (above) | ||||
| This looks like (3) losers but in fact only the WYNN, SIMO were ... PINS was a CCW BB for higher, then immediately sold the stock so although it looks like a loss it washes out ... giving up on WYNN and SIMO this month hurt but sometimes you have to realize dead money when you see it and take action ... and in this case, I cut ties, moved on. | ||||
| 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. | ||||
| SYMBOL | TYPE | EXPECTATION | ACTUAL | |
| MMM | SOLD STOCK | $1,206.00 | ||
Same Real Time Blog post as below | ||||
| MMM | CCW | $2,601.00 | $1,069.96 | |
| WKHS | CSP | $1,298.96 | $1,298.96 | |
| WYNN | CCW | $920.00 | $198.96 | |
| DKNG | CSP | $1,198.96 | $1,198.96 | |
| JPM | CCW | $3,555.00 | $523.96 | |
| WYNN | SOLD STOCK | -$2,577.00 | ||
| SIMO | SOLD STOCK | -$2,115.00 | ||
| WKHS | CCW | $3,630.00 | $728.96 | |
| PINS | CCW | $3,460.00 | -$1,731.04 | |
| PINS | SOLD STOCK | $3,220.00 | ||
Same Real Time Blog post as above | ||||
| My thoughts on the real results (above) | ||||
| Pretty EZ month of trading ... nothing really needed to be done as my trades went the way I thought (minus WYNN,SIMO) I would have like to have let some trades go to expiration and make max profit but that's me, more active in this game then most and because of that I will not make as much. | ||||
| 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 |
| $3,022.72 | $3,025.71 | $2,125.26 | $1,802.88 | NO DATA |
| Final thoughts on this month as compared to the past (above) | ||||
| This month would have broken all time records had the stock losses not been realized ... but hey, pay me now or pay me later ... overall great month just confirming to me I can do this in retirement for real monthly (part time or full time) income ... God willing we keep this going! | ||||
| THIS MONTHLY RECAP BREAKS DOWN ALL OF MY TRADES DURING THIS TIME PERIOD | ||||
| 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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