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Simon Property Group (NYSE: SPG). July. Short. + 12.47% On Invested Capital.

|About: Simon Property Group, Inc. (SPG)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for July.

The forecast were printed on July 1, 2019.

July 12

Short

Volume position 1000 shares.

Position opening: $ 163.50.

$ 163.50 x 1000 shares = $ 163,500. This is the invested capital.

Stop Loss: $ 165.60.

July 17

Position July 12

On my system at the price of $ 161.40, 50% of the position was closed.

$ 163.50 x 1000 shares = $ 163,500

$ 161.40 x 1000 shares = $ 161,400

$ 163,500 - $ 161,400 = $ 2,100. This is 1.28% on invested capital.

We continue to hold the position.

$ 163.50 x 500 shares = $ 81,750

July 19

Position July 12

On my system at the price of $ 157.60, 50% of the position was closed.

$ 163.50 x 500 shares = $ 81,750

$ 157.60 x 500 shares = $ 78,800

$ 81,750 - $ 78,800 = $ 2,950. This is 3.6% on invested capital.

We continue to hold the position.

$ 163.50 x 250 shares = $ 40,875

July 22

Position July 12

On my system at the price of $ 155.20, 50% of the position was closed.

$ 163.50 x 250 shares = $ 40,875

$ 155.20 x 250 shares = $ 38,800

$ 40,875 - $ 38,800 = $ 2,075. This is 5.07% on invested capital.

We continue to hold the position.

$ 163.50 x 125 shares = $ 20,437

July 29

Closing position on July 12

$ 163.50 x 125 shares = $ 20,437

$ 159.50 x 125 shares = $ 19,937

$ 20,437 - $ 19,937= $ 500. This is 2.44% on invested capital.

Profit for July.

$ 2,100 + $ 2,950 + $ 2,075 + $ 500 = $ 7,625

1.28% + 3.68% + 5.07% + 2.44% = 12.47%

By the way. The position volume could be increased 10 times. This is for this ticker.