Saturday, February 17, 2024

UCPTD STWTME | Cisco Systems Inc (CSCO) PMCC Trade Idea

Hi Everyone!
-
UCPTD STWTME | Cisco Systems Inc (CSCO) PMCC Trade Idea
IS THERE A TRADE IDEA HERE?
I did a video on this today - see below
(https://www.youtube.com/watch?v=tM9njkr1TfM)



PMCC TRADE IDEA

NO SKIN in the game yet, will likely Tuesday

LEAPS CALL OPTION PURCHASE
Buy (1) Jul-2024, $35 Strike LEAPS Call Option for $14.475 (2.47% TV)
$1,447.50 invested using the 0.97 Delta ITM LEAPS Call Option
CCW 34 DAY, 0.3063 DELTA
Sell the Mar-22 Expiration, $50 Strike and collect $0.47 in premium.

Your total take would be $2.03 as the stock appreciation is factored into your profit projection as well

Remember, you would buy back your option prior to Expiration and Sell your LEAPS

If your shares were taken at expiration this would be a 13.64% on money invested. (Premium only calculations)

If your shares were not taken at expiration this would be a 3.25% on money invested. (Premium only calculations)

This would be a 34 day trade.

If ever my numbers look funky, it could be a template issue so also check your brokerage options window for correct and final quotes
As always, do your due diligence and this is not a recommendation
Until next time, I wish you the very Best In Trading!
-----------------------------------
Regards,
John
Remember, this content 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.
Disclaimer - Yes - at the time of this posting I do own shares. I am by no means recommending this stock for purchase
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