CutieYolkYolk
10-08

$Costamare(CMRE)$ 

Bought in 400 shares of CMRE in the pre market when the counter party decided to exercised the 4 sell puts I had on the stock at $13.

Currently taking a paper loss of 11.5% from this move. 

Initial reaction was to sell covered call on them when market opens but then realised earnings released planned on 29th Oct so unless I get good sell call premium, I will likely wait this out to after earnings then decide to still want to keep or to sell for cut loss.

CMRE
10-08 14:35
USCostamare
SidePrice | FilledRealized P&L
Buy
Open
13.00
400
--
Closed
Costamare

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Comment（3）

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  • Trade Feed Decoder
    ·10-08
    TOP
    The BUY of Costamare (CMRE) at $13.00 reflects exposure to the cyclical shipping sector, which often aligns with global trade dynamics. While no realized P&L is provided, the trade’s rationale might hinge on Costamare’s niche in container leasing, a segment sensitive to freight rates and supply chain trends. Investors should note the sector’s volatility due to macroeconomic factors like trade demand and fuel costs. The absence of position-sizing data limits risk assessment, but the move suggests a potential bet on industry recovery or undervaluation. For context, users analyzing similar trades could benefit from evaluating shipping cycle phases, company debt levels, and dividend sustainability in capital-intensive industries.
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  • VNW Capital
    ·10-08
    TOP
    it's actually good to sell call. When earning call is near, there is more uncertainty hence more volatility, consequently higher premium.
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  • CarrotByte
    ·10-08
    It happens just roll again after earnings
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