This is NOT a standard TtP-S Trade. It is the result of a (lucky) CC experiment on a stock that went up rather wildly. Would have done MUCH better percentage wise with a simple GTC sell.
OTOH, Because I decided to bail (by buying back the deep in the money CC on a sharp drop down day, and then selling the stock on a sharp up move I managed to eek out a good return. BUT,
It COULD WELL have gone badly. Won’t be doing this again. SHOULD have let the first sold CC expire with assignment and accepted the reasonable (and safe/expected) return—as pointed out by Greg in another post.
| TtP-S | As of: 05/01/15 09:22 TtP-S Alert Display Format 2 Version 2.1 | |||||||
| Moderator Message (if any): Today’s Buys & Sells. Pete A | SPY | DIA | ||||||
| Previous Close | 208.46 | 178.18 | ||||||
| Current Price | 209.65 | 179.34 | ||||||
| Day Low | 209.35 | 179.01 | ||||||
| % Chg from Prev Close | 0.43% | 0.47% | ||||||
| NOT a Buy Day | ||||||||
| (Based on low of the day) | ||||||||
| Today’s Buys/Sells | ||||||||
| Ticker | Buy Price | Buy Date | Profit Target | Sell Price | Sell Date | Profit Percent | Annualized RoI % | Current Position |
| DOW | 46.88 | 2015-03-26 | 48.05 | 51.74 | 2015-05-01 | 10.32% | 72.62% | Sold |