Dominion Energy, Inc. (NYSE: D). December. Short. +6.3% On Invested Capital.
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 17
Short
Volume position 1000 shares.
Position opening: $ 76.00.
$ 76.00 x 1000 shares = $ 76,000. This is the invested capital.
Stop Loss: $ 77.20
December 22
On my strategy at the price of $ 73.50, 50% of the position was closed.
$ 76.00 x 1000 shares = $ 76,000
$ 73.50 x 1000 shares = $ 73,500
$ 76,000 - $ 73,500 = $ 2,500. This is 3.28% on invested capital.
We continue to hold the position.
$ 76.00 x 500 shares = $ 38,000
December 28
Closing position December 18
$ 76.00 x 500 shares = $ 38,000
$ 73.70 x 500 shares = $ 36,850
$ 38,000 - $ 36,850 = $ 1,150. This is 3.02% on invested capital.
Profit for December.
$ 2,500 + $ 1,150 = $ 3,650
3.28% + 3.02% = 6.3%
By the way. The position volume could be increased 20 times. This is for this ticker.
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