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Credicorp LTD (NYSE: BAP). August. Short. + 38.23% On Invested Capital.

|About: Credicorp Ltd. (BAP)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for August.

The forecast were printed on July 31, 2019.

August 1

Short

Volume position 1000 shares.

Position opening: $ 219.50.

$ 219.50 x 1000 shares = $ 219,500. This is the invested capital.

Stop Loss: $ 221.40.

August 1

On my strategy at the price of $ 216.80, 50% of the position was closed.

$ 219.50 x 1000 shares = $ 219,500

$ 216.80 x 1000 shares = $ 216,800

$ 219,500 - $ 216,800 = $ 2,700. This is 1.23% on invested capital.

We continue to hold the position.

$ 219.50 x 500 shares = $ 109,750

August 2

Position August 1

On my strategy at the price of $ 212.80, 50% of the position was closed.

$ 219.50 x 500 shares = $ 109,750

$ 212.80 x 500 shares = $ 106,400

$ 109,750 - $ 106,400 = $ 3,350. This is 3.05% on invested capital.

We continue to hold the position.

$ 219.50 x 250 shares = $ 54,875

August 5

Position August 1

On my strategy at the price of $ 208.80, 50% of the position was closed.

$ 219.50 x 250 shares = $ 54,875

$ 208.80 x 250 shares = $ 52,200

$ 54,875 - $ 52,200 = $ 2,675. This is 4.87% on invested capital.

We continue to hold the position.

$ 219.50 x 125 shares = $ 27,437

August 8

Short

Volume position 500 shares.

Position opening: $ 215.00.

$ 215.00 x 500 shares = $ 107,500. This is the invested capital.

August 9

Position August 8

On my strategy at the price of $ 208.80, 50% of the position was closed.

$ 215.00 x 500 shares = $ 107,500

$ 208.80 x 500 shares = $ 104,400

$ 107,500 - $ 104,400 = $ 3,100. This is 2.88% on invested capital.

We continue to hold the position.

$ 215.00 x 250 shares = $ 53,750

August 15

Position August 8

On my strategy at the price of $ 201.00, 50% of the position was closed.

$ 215.00 x 250 shares = $ 53,750

$ 201.00 x 250 shares = $ 50,250

$ 53,750 - $ 50,250 = $ 3,500. This is 6.51% on invested capital.

We continue to hold the position.

$ 215.00 x 125 shares = $ 26,875

August 19

Short

Volume position 500 shares.

Position opening: $ 208.00.

$ 208.00 x 500 shares = $ 104,000. This is the invested capital.

August 26

Closing position on August 1

$ 219.50 x 125 shares = $ 27,437

$ 200.00 x 125 shares = $ 25,000

$ 27,437 - $ 25,000 = $ 2,437. This is 8.88% on invested capital.

Closing position on August 8

$ 215.00 x 125 shares = $ 26,875

$ 200.00 x 125 shares = $ 25,000

$ 27,437 - $ 25,000 = $ 1,875. This is 6.97% on invested capital.

Closing position on August 19

$ 208.00 x 500 shares = $ 104,000

$ 200.00 x 500 shares = $ 100,000

$ 104,000 - $ 100,000 = $ 4,000. This is 3.84% on invested capital.

Profit for August.

$ 2,700 + $ 3,350 + $ 2,675 + $ 3,100 + $ 3,500 + $ 2,437 +$ 1,875 + $ 4,000 = $ 23,637

1.23% + 3.05% + 4.87% + 2.88% + 6.51% + 8.88% + 6.97% + 3.84% = 38.23%

By the way. The position volume could be increased 5 times. This is for this ticker.