Tuesday, February 1, 2022

OPEN UCPTD Trade | CCW+DIV on VLO > $420 Possible Profit

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NEW CCW TRADE
Covered Call Trade opened using a CCW + DIV Capture
NEW Covered Call position was opened on
TIME AND DATE STAMPTuesday, February 1, 2022
Valero Energy
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'.

BRIEF EXPLANATION WHY I DID THIS TRADE
MINDSET WHEN OPENED - Below I explain why I did this trade
CCW - Valero hits my CCW+DIV Capture radar and acting on the hunch I bought 100 shares and sold the ATM Mar-4 in hopes of collecting both the 0.98 dividend, big Prem and have my shares taken at $83 for a very tidy 5.06% gain cash on cash
WHEN TRADE CLOSES - I explain my thoughts on how this closed out.
Trade is OPEN - I will add commentary when this trade closed
THIS TRADE TRADE BEGINS AND ENDS
31February 1, 2022March 4, 2022
MAX PROFIT STOCK MOVE + PREMIUM + DIVIDEND
MAX PROFITSTOCK GAINPREMIUMDIVIDEND?CASH ON CASH %
$420.00$12.00$310.00$98.005.06%
Max Profit means that I make all of this and my shares have been taken.

Disclaimer - Yes - at the time of this posting I do own shares. I am by no means recommending this stock for purchase
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