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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 - November 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 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! |
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| TRADES | PROFITS | WINNERS | LOSERS |
| 19 | $22,355.56 | 19 | 0 |
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| My summary of the Month, Expectations and Results |
| November 2020 broke every record for me ... with over $22,000 in CCW/CSP closed trades for profits ... it breaks my all time monthly mark that I set last June ... ZERO losers BUT have (3) RED below ... reason I do not consider them losers? 2 were small stock sell losses where I have written Calls enough to be green trades and the WKHS trade was a buy back and roll where I take the loss upfront but the new trade will make it green. I record them as losses on my TotalTracker because that was the result of the trade ... but they turn out to be green when all the data washes out in the end ... it's why I love my Total Income Tracker. |
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| PROFIT BREAKDOWN (Stock & Premium) |
| STOCK + DIVIDEND PROFIT | PREMIUM PROFIT |
| $5,031.00 | $17,324.56 |
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| BREAKDOWN OF THE MONEY INVESTED FOR THE MONTH |
| USED THIS MANY STOCKS | MONTH CASH ON CASH % |
| 8 | 4.17% |
| COMPANY | SYMBOL | % GAIN | TOTAL $$$ GAINS |
| GoodRx | GDRX | -2.08% | -$202.00 |
| UDOW | UDOW | 22.15% | $4,318.96 |
| Workhorse | WKHS | 15.56% | $348.96 |
| JP Morgan | JPM | 11.82% | $2,260.00 |
| JP Morgan | JPM | 12.94% | $3,675.00 |
| JP Morgan | JPM | 1.88% | $953.96 |
| Redfin Corp | RDFN | 3.00% | $1,126.96 |
| PENN National | PENN | 4.65% | $877.96 |
| DraftKings | DKNG | 11.11% | $1,998.96 |
| Workhorse | WKHS | 21.67% | $3,598.96 |
| Workhorse | WKHS | -14.26% | -$2,660.00 |
| DraftKings | DKNG | 2.31% | $998.96 |
| DraftKings | DKNG | 0.58% | $250.00 |
| DraftKings | DKNG | 0.41% | $200.00 |
| Redfin Corp | RDFN | -0.49% | -$184.00 |
| Workhorse | WKHS | 21.62% | $398.96 |
| DraftKings | DKNG | 3.79% | $1,848.96 |
| Visa Corp | V | 2.30% | $852.96 |
| Visa Corp | V | 4.59% | $1,692.00 |
| These trades are 100% closed - I may still own the shares | $22,355.56 |
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| My thoughts on the Monthly Krums! (above) |
| VERY POSITIVE RESULTS - I can not complain as my month on month cash used for this $22k was a very nice 4% using 8 different stocks that I've been trading all year. The 3 RED trades - 2 were stock sales for little losses just to clear the positions and take the funds for new trades ... the WKHS red trade with a recorded buy back for a loss but then I did another trade that makes that trade green ... like I said, can not complain here. |
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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 | TYPE | CONT/SHRS | MONEY INVESTED |
| GoodRx | SOLD STOCK | 200 | $9,700.00 |
| Stock was sold @ a loss | -2.08% | -$202.00 |
| UDOW | CSP | 3 | $19,500.00 |
| Cash Secured Put was profitable, bought back, freed up the cash | 22.15% | $4,318.96 |
| Workhorse | CSP | 1 | $2,250.00 |
| Covered Call went to expiration, shares were taken | 15.51% | $348.96 |
| JP Morgan | SOLD STOCK | 200 | $19,120.00 |
| Stock was taken as it expired over my CCW strike price | 11.82% | $2,260.00 |
| JP Morgan | SOLD STOCK | 300 | $28,395.00 |
| Stock was taken as it expired over my CCW strike price | 12.94% | $3,675.00 |
| JP Morgan | CCW | 5 | $50,650.00 |
| Covered Call went to expiration, shares were taken | 1.88% | $953.96 |
| Redfin Corp | CCW | 8 | $37,520.00 |
| Bought back this option, the stock fell so that the option was cheap. | 3.00% | $1,126.96 |
| PENN National | CSP | 3 | $18,900.00 |
| Cash Secured Put was profitable, bought back, freed up the cash | 4.65% | $877.96 |
| DraftKings | CSP | 5 | $18,000.00 |
| Cash Secured Put was profitable, bought back, freed up the cash | 11.11% | $1,998.96 |
| Workhorse | CCW | 9 | $16,605.00 |
| Covered Call went to expiration, shares were taken | 21.67% | $3,598.96 |
| Workhorse | SOLD STOCK | 1000 | $18,660.00 |
| If I remember right, this was a buy back, took the hit but then rolled for another credit that is still on going and will close in December 2020 | -14.26% | -$2,660.00 |
| DraftKings | CCW | 10 | $43,250.00 |
| Covered Call went to expiration, shares were taken | 2.31% | $998.96 |
| DraftKings | SOLD STOCK | 1000 | $43,250.00 |
| Covered Call went to expiration, shares were taken | 0.58% | $250.00 |
| DraftKings | SOLD STOCK | 1000 | $48,800.00 |
| Covered Call went to expiration, shares were taken | 0.41% | $200.00 |
| Redfin Corp | SOLD STOCK | 800 | $37,224.00 |
| Sold stock to close out the position | -0.49% | -$184.00 |
| Workhorse | CCW | 1 | $1,845.00 |
| Had 1 option of 10 taken early | 21.62% | $398.96 |
| DraftKings | CCW | 10 | $48,800.00 |
| Covered Call went to expiration, shares were taken | 3.79% | $1,848.96 |
| Visa Corp | CCW | 2 | $37,086.00 |
| Covered Call went to expiration, shares were taken | 2.30% | $852.96 |
| Visa Corp | SOLD STOCK | 200 | $36,830.00 |
| Stock was taken as it expired over my CCW strike price | 4.59% | $1,692.00 |
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| My thoughts on the Money Invested vs % returns (above) |
| STEADY RETURNS ... I like the steady returns and not over reaching for these returns ... using stocks that are a mix of higher Vol to lower Vol allows me to play both sides of the traditional CC strategy ... sure, I use some higher Vol stocks but with experience and comfort I'm at a point where I can use them and know I can mitigate losses when I have too. |
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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 |
| $22,355.56 | $2,451.49 | $7,351.90 | $2,578.79 | NO DATA |
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| Final thoughts on this month as compared to the past (above) |
| More records being broken for me in 2020 ... as this is another all time high month for me ... 2018 was an above average year at +$7K which I would take anytime! I just can't say it enough ... we learn this we can have steady returns that put money on the table ... for me, it truly is the side income strategy when I find myself in retirement (Godwilling, right? :) ... Let's keep this ROLLING! |
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| THIS MONTHLY RECAP BREAKS DOWN ALL OF MY TRADES DURING THIS TIME PERIOD |
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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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