Tuesday, August 2, 2022

OPEN UCPTD Trade | CCW on BROS > $230 projected cash flow

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NEW CCW TRADE
STANDARD COVERED CALL TRADE IS NOWOPEN
DAYSTHIS NEW CCW TRADE BEGINS AND ENDS
24August 2, 2022August 26, 2022
BROS
TIME AND DATE STAMP
Tuesday, August 2, 2022
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'.
DETAILS FOR THIS COVERED CALL TRADE
Today, (2) Covered Call contract(s) were sold on Dutch Bros Inc (ticker: BROS) for the Aug-5 Expiration Date, $45.00 Strike Price for a Premium of $1.15 BROS was trading for $39.20 a share.
I have owned these shares with an original cost basis of $45.00
PREMIUM ONLY TRADE
Because I received my shares through a CSP @ $45, if my shares are taken I will make money on the sale of the shares at this strike price.
Stock Price - placedDateTotal Prem$Contracts
$39.20Aug-2$1.152
Strike PriceExpireDaysProjected Cash Flow
$45.00Aug-2624$230.00
WHY I OPENED this CSP > Acquired these shares via a CSP @ $45.00 so I can finally get this trade off where if shares are taken the whole trade is GREEN!!! Lets Go!
WHATS THE CASH ON CASH PERCENTAGE GAIN
Stock Price - placedStrike PriceTotal Prem$Contracts
$39.20$45.00$1.152
Premium Only?CoC%Share Taken?
COST BASIS @ STRIKE
$230.002.93%MAKE MONEY

WOULD I SUGGEST THIS TRADE?
BROS has moved reasonable and it seems to have support so I would feel good if someone took this trade.
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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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