Tuesday, December 28, 2021

SE for PMCC

 yesterday I made a aggressive PMCC move on SE

SE stock price is quite high at $218 

I was choosing what delta should I buy

I decided that I should spend $8.2k

as that is how much I have left in the account

if I dont want to borrow money


today I sold call on SE

expiring on 31 Dec 21

the money is good, got $80 for strike price of $235



also I need to look into how I calculate the cost basis
from my excel, it seems wrong
as the price now is $220
and if I sell the long call which I bought,
I should make some money
the cost basis in my excel is $257 (price of contract + strike price)
which is very far away



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