Thursday, June 22, 2023

OPEN SMALL ACCOUNT Trade | CCW on BROS > $380 projected cash flow (30) days

Hi Everyone!
NEW KIDS ACCOUNT CCW Trade has been posted using this stock
 - Trade was placed yesterday 2/22/2023
TRADING MY KIDS SMALL ACCOUNT, THIS CCW TRADE IS OPEN
Dutch Bros IncBROS
Stock Price wasStrikeExpiresDays
$27.55$29.00Jul-2130
Date PlacedCoC% ?Projected Cash Flow
Jun-213.45%$380.00
WHY I OPENED this CCW on > BROS> 

BROS is steady trading right in this range ($27 - $29) so I feel for the next 30 days, which will avoid earnings, I bought 400 shares for my daughter and immediately sold this 30 day covered call > 

NOTE: THIS IS MY KIDS MONEY, NOT MINE. BIG DIFFERENCE > as always, I will manage this trade as it approaches  expiration ... buying back the option if it adheres to my -50% and 0.10 cent guidelines. -50% guideline being, such this option price fall 50% or more in the first 2 weeks I will buy back and look to roll the option - if the this option falls to 0.10 or less (in most cases) I will buy back the option and roll it for another credit if it presents
itself.

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. This is not a recommendation to buy or sell this stock.

Yahoo Summary Page > https://finance.yahoo.com/quote/BROS?p=BROS
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Until next time, I wish YOU the very Best In Trading!
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Regards,
John
Email me anytime - corepositiontrading@gmail.com

Disclaimer - Yes - I own a position in this stock at the time of this trade (LEAPS Call Option)
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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