| Hi Everyone! | |||||||||
| NEW OPEN CSP Trade has been posted using this stock | |||||||||
| TRADING MY KIDS SMALL ACCOUNT, THIS CSP TRADE IS OPEN | |||||||||
| 3x ETF | TNA |  | |||||||
| Stock Price - placed | Date | Total Prem$ | Contracts | ||||||
| $38.80 | Apr-2 | $1.65 | 7 | ||||||
| Strike Price | Expiration | Days | Projected Cash Flow | ||||||
| $37.50 | Apr-26 | 24 | $1,155.00 | ||||||
The Cash Secured Put (for the most part) is primarily used to collect premiums ... this CoC% represents Prem vs $ invested only | Projected CoC % | ||||||||
| 4.40% | |||||||||
| WHY I OPENED this CSP on > TNA > (24) day trade where I'm trying to capture anywhere from 1.2% - 1.3% for a weekly Cash Secured Put and 3% or more for a monthly expiration. This trade will make $1,155 dollars which represents 4.4% on money invested. Further commentary > Looking at TNA , its had a nice little sell off today and near term support looks good at $37.90 ... we'll see if that holds but with this being a 24 day trade TNA can bounce around and were ok with it ... do not want to own the shares so we will manage the trade as needed | |||||||||
| Yahoo Summary Page > | https://finance.yahoo.com/quote/TNA?p=TNA | ||||||||
| --------------------------------------------------------------------- | |||||||||
| Until next time, I wish YOU the very Best In Trading! | |||||||||
| --------------------------------------------------------------------- | |||||||||
| Regards, | |||||||||
| John | |||||||||
| Email me anytime - corepositiontrading@gmail.com | |||||||||
| 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 | |||||||||
| 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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| Core Position Trading, LLC | 1498 SE Tech Center Pl Vancouver, WA 98683-9591 USA | |||||||||
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