OPEN UCPTD Trade | CSP on TQQQ - PARKING MONEY - $4,800 - 361 days

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	NEW CSP TRADE
Standard Cash Secured Put Trade - PARKING MONEY!
NEW Cash Secured Put position was opened on
TIME AND DATE STAMP			Monday, January 24, 2022
TQQQ				3x
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'.
My brief explanation for this trade and how it closed
MINDSET WHEN OPENED - Below I explain why I did this trade
CSP - The Nasdaq is getting crushed, being down some -15% from its recent highs ... so with the idea of PARKING MONEY I use TQQQ ATM Jan-20-23 CSP and was paid $16 per share or 30% Cash on money invested ... parking this money I get $16 upfront ... and if assigned my cost basis for these shares will be $36.50 ... we'll manage this trade as it plays out.
WHEN TRADE CLOSES - I explain my thoughts on how this closed out.
Trade is OPEN - I will add commentary when this trade closed
This (361) day trade begins and ends for the dates below
361	January 24, 2022		January 20, 2023
MAX PROFIT - Premium Income
Because this is a Cash Secured Put I can only make money on the Premium I received for placing this trade. I do not own the stock so I do not make any stock appreciation or collect any company dividends should the company offer one.
TRADE KRUM!	DAYS	Cash on Cash %	CONTRACTS	SHARES
$4,800.00	361	30.48%	3	300
What was the stock doing at the time of this trade
At the time I did this trade, TQQQ was trading at ~$50. All of these calculations are based on the strike price and not where the actual stock was trading. I post the price just for reference.
COMPANY	SYMBOL	SHARES	PRICE	TOTAL COST
TQQQ	TQQQ	300	$50.00	$15,750.00
EXPIRATION DATE	DAYS	STRIKE	OPTION	CoC % GAIN
1/20/2023	361	$52.50	$16.00	30.48%
			OPTION GAIN	TOTAL KRUM
No	$0.00	Standard Cash Secured Put (~30d)	$4,800.00	$4,800.00
Downside Protection should this trade Bad!
CURRENT SHARE $	PREMIUM	STRIKE	PRICE	WOULD FALL
$52.50	$16.00	$52.50	$36.50	-$16.00
			BREAKEVEN
Today, 3 Cash Secured Put contracts were sold on TQQQ (ticker TQQQ) for the 2/18/2022, $52.5 strike price for a premium of $16 . TQQQ was trading for $50 a share.
Disclaimer - No - at the time of this posting I did not own the shares of this equity ... I risk my own money on this trade and am accountable for the trade results
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