Commentary
This week 3 CSP positions (XLE, XLI, XLV) closed at their profit targets in 8-10 days, 1 CSP position (ARKK) was assigned, and 4 new CSP's (QQQ, XLE, XLI, XLV) were established.
2022 was a tough year for the markets. Let's hope 2023 will be better.
Wishing everyone a Happy and Prosperous New Year!
The following is a summary of this week's trading activity.
ROI/AROI for closed positions represents total profit/loss. For all other positions ROI/AROI represents income received from premiums and dividends.
* denotes positions that were previously rolled/continued.
Closed CSP Positions
| Stock | Opened | ExpDate | Closed | Days | Shrs | Strike | Margin | P/L | ROI | AROI |
|---|---|---|---|---|---|---|---|---|---|---|
| XLE | 12/19/2022 | 1/27/2023 | 12/27/2022 | 8 | 100 | $74 | $7,400.00 | $46.98 | 0.63% | 28.97% |
| XLI | 12/19/2022 | 1/27/2023 | 12/29/2022 | 10 | 100 | $90 | $9,000.00 | $38.98 | 0.43% | 15.81% |
| XLV | 12/19/2022 | 1/27/2023 | 12/28/2022 | 9 | 100 | $127 | $12,700.00 | $42.98 | 0.34% | 13.73% |
Assigned CSP Positions
| Stock | Opened | ExpDate | Assigned | Days | Shrs | Strike | Invested | Premium | ROI | AROI |
|---|---|---|---|---|---|---|---|---|---|---|
| ARKK* | 8/11/2022 | 1/20/2023 | 12/28/2022 | 139 | 400 | $45 | $18,000.00 | $1,223.32 | 6.80% | 17.85% |
New CSP Positions
| Stock | Opened | ExpDate | Days | Shrs | Strike | Margin | Premium | Target | T-Days | T-ROI | T-AROI |
|---|---|---|---|---|---|---|---|---|---|---|---|
| QQQ | 12/30/2022 | 2/17/2023 | 49 | 100 | $235 | $23,500.00 | $199.49 | $109.72 | 15 | 0.47% | 11.36% |
| XLE | 12/28/2022 | 2/17/2023 | 51 | 100 | $74 | $7,400.00 | $84.49 | $46.47 | 15 | 0.63% | 15.28% |
| XLI | 12/30/2022 | 2/17/2023 | 49 | 100 | $89 | $8,900.00 | $69.49 | $38.22 | 15 | 0.43% | 10.45% |
| XLV | 12/28/2022 | 2/17/2023 | 51 | 100 | $126 | $12,600.00 | $86.49 | $47.57 | 15 | 0.38% | 9.19% |
