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The Clorox Company (NYSE: CLX). December. Short. +1.61% On Invested Capital.

Jan. 02, 2021 3:37 PM ETThe Clorox Company (CLX)
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Seeking Alpha Analyst Since 2019

I'm looking for cooperation with hedge funds, investment bank, proprietary company, private investor.

I suggest checking out my approach in real time.

Positions can hold different term.
It may be intraday, 1 day, 1 week, 1 month, 3 months, 6 months, 1 year.
I find an entry point into the market with minimal risk and good potential for profit.
I try to look for stocks from one sector and from one industry.
Market and sector risk will be hedged.
Unfortunately, it is not always possible to find good stocks from one sector and from one industry.

You can evaluate the effectiveness of my approach.





Summary

  • Investors are very fond of the result.
  • I propose to calculate the potential profit for December.
  • The forecast were printed on December 06, 2020.

December 09

Short

Volume position 1000 shares.

Position opening: $ 203.00.

$ 203.00 x 1000 shares = $ 203,000. This is the invested capital.

Stop Loss: $ 205.30

December 09

On my strategy at the price of $ 200.00, 50% of the position was closed.

$ 203.00 x 1000 shares = $ 203,000

$ 200.00 x 1000 shares = $ 200,000

$ 203,000 - $ 200,000 = $ 3,000. This is 1.47% on invested capital.

We continue to hold the position.

$ 203.00 x 500 shares = $ 101,500

December 11

Closing position December 09

$ 203.00 x 500 shares = $ 101,500

$ 202.70 x 500 shares = $ 101,350

$ 101,500 - $ 101,350 = $ 150. This is 0.14% on invested capital.

Profit for December.

$ 3,000 + $ 150 = $ 3,150

1.47% + 0.14% = 1.61%

By the way. The position volume could be increased 12 times. This is for this ticker.

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