| These trades are 100% closed - I may still own the shares | $6,430.00 |
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| My thoughts on the Monthly Krums! (above) |
| Nice month as I achieved my goal of +$2,500 a month ... it's always a good feeling when you can set goals and reach them ... I know these days I should INCREASE my monthly goal from $2,500 to something higher but remember, can I make real money in retirement ... $2,500 + social security would probably give me a budget of the kind of money needed to live a good life in retirement WITHOUT working ... so I keep this goal and try to beat it every month! |
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| Premium Profit / Loss and $$$ invested |
| Below are all the Premiums, Money Invested and Cash On Cash % gains or losses ... also the contracts used to obtain these results |
| COMPANY | TYPE | CONT/SHRS | MONEY INVESTED |
| BMY | CCW | 1000 | $68,610.00 |
| OPEN CCW Trade - with BMY's earnings behind it, I'm able to get back at it with my DOUBLE my Dividend trades using some of my BuyHold stocks and BMY is one of them. This trade isn't a 30 DELTA like I like to use on my Buy and Hold ... BMY is trading at a TOP of my range and I think it peels back where I can buy this option back for > 0.40 or less ... we'll see ... will manage trade and not let shares go like I did with PFE (ugh) which has gone much higher. |
| Trade is CLOSED - Closing this early as this option has fallen to under 0.10 cents ... this fits the profile/goal for this trade so I close it now, will look to do another CCW extending the timeframe. |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-17 |
| CSCO | CCW | 300 | $16,701.00 |
| OPEN CCW Trade - With earnings behind CSCO and company events looming ... I think CSCO moves with the market, sideways to higher as its done in the past ... this is classic, If Shares Taken (IST) trade picking up over 3% in 30 days. |
| Trade is CLOSED - With over 16 days left on this option and me making just 0.17 more cents from this trade if I wait ... I Bought Back the option, PAID the 0.17 cents and sold the shares at $59.13 ... net net after you take $56+1.31-0.17= ... minus that from my cost basis for the shares at 55.49 ... we bank $495 and move on ... feeling good having CASH to do something else and ADD 16 days that this would have sat. |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-19 |
| MARA | CCW | 500 | $19,790.00 |
| OPEN CCW Trade - MARA is moving higher as I suspect The Fed talking about tapper ... Bitcoin is moving, hence MARA's move to the upside ... I'll take this $5 premium and if my shares are taken, we move on, IF it falls we will manage the trade as usual |
| Trade is CLOSED - with ~20 days left in this option and the price falling just under -50%, I bought it back, pocketing some good money for this 9 day trade ... using MARA's positive momentum selling the CC... knowing it would peel back I knew this was the plan all along. Krums!!! |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-27 |
| CMI | CCW | 100 | $23,100.00 |
| OPEN CCW Trade - With earnings behind CMI and now an Ex-Date of August 19 ... I’m going to sell this September Covered Call 45 day $250 strike ... my cost basis is 250 and I pick up $1.30 premium + $1.35 in dividend and it becomes a profitable trade as my stock purchase price is $250 if my shears are taken away at this strike |
| Trade is CLOSED - with only 0.05 to collect on this option I've decided to buy back the option, freeing up the shares for another 30 day CCW which I will research and do to keep this trade going for a 4th time. |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-3 |
| RKT | CCW | 3500 | $61,600.00 |
| OPEN CCW Trade - With 3,500 shares and a cost basis of $21.28 ($20.31 if I count premiums received) I'm looking to start this trade to make it Green ... may take a couple months but if I can I will ... this DEEP OTM 35 day trade fits the bill as I do not believe it tests this strike much by then but will manage as needed. Nice little krum along the way. |
| Trade is CLOSED - With 10 days and a mere 0.07 cents to collect should I wait for expiration ... I figured I could close this trade out by buying back the option and looking to do another 30 day CCW using these shares ... will wait and watch for now ... I'll like to ROLL them today but will wait and see if RKT can get above the 17 mark. |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-20 |
| DKNG | CCW | 1000 | $67,000.00 |
| OPEN CCW Trade - FINALLY getting some action on DKNG's after having it on the bench for months ... this Strike price is my Stock Purchase price so if my shares are taken is a clean trade. We will see. |
| Trade is CLOSED - with over 2 weeks left on this option and the option falling more than -50% you know how I do this ... I buy it back so I can try to roll it forward, maybe push out my expire 2 more weeks for another good credit ... OR I sit and wait for that moment is right. For now we pocket some $800+ dollars and move on. |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-27 |
| UPS | CCW | 100 | $19,320.00 |
| OPEN PMCC CCW Trade - UPS getting sold off after earnings allowed me to buy the Jan2023 80 DELTA LEAP Call option and jumped right into action by selling the Sep-3 30 DELTA CCW |
| Trade is CLOSED - I closed this UPS PMCC and gave back $25 ... with 1 week to go and the stock trading nowhere near my $200 strike, some would say I could have let that expire worthless and they'd be right ... really no risk of having shares taken ... but now I have 1 week to find another option that pays that back ... maybe the stock moves higher and I can get that early next week. ... I PAY the $25 for a week of research to a good new PMCC on UPS next week |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-20 |
| DKNG | CCW | 1000 | $67,000.00 |
| OPEN CCW Trade - to be honest, Draft Kings sat on the bench so long for me that I just need action ... so I do this 38 day $66 strike for the action ... my cost basis is $67 so if my shares are taken its a green trade where I will minus out the -$1 loss on the shares with the $1.46 premium I get ... collecting 0.46 in premium BUT WE MOVE ON!!!! |
| Trade is CLOSED - DKNG has peeled off since hitting the mid 60's ... and with its merge plans today the stock is being sold off hard ... so I give back .44 cents of my 1.49 to have no obligation and about 30 days to find another trade (expire for this was Oct-22) |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-14 |
| SO | CCW | 500 | $33,235.00 |
| OPEN CCW Trade - Southern Co is a Buy & Hold stock for me where I hold shares for some stock apprecation and collet its dividend. During the companies off events months I like selling covered calls when the stock is at the top of its trading range ... SO @ $66.47 is right at resistance (Aug-19) and with $68 being the Top of the KC MID ... I like this $68 strike for a Double my Dividend trade and expect to NOT have my shares taken. |
| Trade is OPEN - I will add commentary when this trade closed |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Aug-19 |
| MARA | CCW | 500 | $18,395.00 |
| CCW - MARA is moving higher as I suspected it falling near $34 yesterday ... its trading in a good range where I feel I can keep selling this $40 strike and possibly not have my shares taken ... but if I do, its a green trade for me and we'll take it. |
| Trade is CLOSED - this option has fallen far below my -50% and taking it off the board now offers me an opportunity to find another CCW for 30 days to make more premium |
| See RT post: Go to UCPTD Download Hub > Click Blog site > Search date > | Sep-15 |
