Welcome to OptionCredits: Tracking Our Journey to 2% Monthly Returns

At OptionCredits.com, we believe in steady, systematic option selling to generate consistent monthly returns. Our goal is simple: achieve a 2% monthly return by utilizing strategies like covered calls, selling puts, and options spreads. This blog will transparently track our trades, portfolio growth, and performance over time. The Two-Portfolios Approach To cater to different types … Read more

$100K Account: Sell Aug $25 SMR Covered call

The Trade at a Glance Why This Trade Makes Sense Generating Passive Income Selling a covered call allows us to collect $102 in premium, providing a steady income stream while holding shares. Potential for Capital Gains If SMR rises above $25, the shares may be called away at a profit, depending on the original purchase … Read more

$5K Account: Rolling QBTS Mar 28 $8.5 Put to Apr 4 $8.5 Put for $35 Additional Credit

An adjustment was made to an existing position in a $5,000 account by rolling one D-Wave Quantum Inc. (QBTS) March 28 $8.50 put to the April 4 $8.50 put, receiving an additional credit of $35. Trade Details: Rationale for Rolling: Rolling this put option extends the trade by one week while collecting an additional premium, … Read more

$100K Account: Sell MSTX Mar 28 Put

The Trade at a Glance Why This Trade Makes Sense Income Generation Selling this put immediately generates $81 in premium, adding to the account’s cash flow while keeping risk defined. Stock Acquisition at a Discount If assigned, you would purchase MSTX at an effective price of $32.19 ($33 strike – $0.81 premium), securing a potential … Read more

$5K Account: Selling QBTS Mar 28 $8.5 Put for $45 Credit

On March 25, 2025, an options trade was executed in a $5,000 account by selling one D-Wave Quantum Inc. (QBTS) March 28 $8.50 put option, receiving a premium of $45. Trade Details: Rationale: D-Wave Quantum Inc. has been in focus due to recent developments: This environment of heightened volatility presented an opportunity to generate income … Read more

$100K Account: Sell MU Apr 95 Put

The Trade at a Glance Key Metrics Why This Trade Makes Sense Generating Income with a Strong Yield Selling puts generates instant premium income, offering a solid return on capital in just a few weeks. Stock Acquisition at a Discount If assigned, we buy MU at an effective price of $90.30, well below the current … Read more

$100K Account: Sell TSLA May $290 Covered Call

The Trade at a Glance Key Metrics Why This Trade Makes Sense Generating Income from Owned Shares Selling covered calls provides instant premium income, boosting overall returns on the position. Managing Volatility Tesla stock is known for its volatility. This trade takes advantage of elevated options premiums. Defining an Exit Plan If assigned, we secure … Read more

$100K Account: Roll NBIS to Aug $44 Put

The Trade at a Glance Key Metrics Why This Trade Makes Sense Extending the Trade for More Premium Rolling the put allows us to collect additional credit while keeping the strategy in play. Lowering Cost Basis Every roll lowers the break-even price, improving the trade’s risk-reward profile. Capital Efficiency This strategy continues to generate income … Read more

$100K Account: Roll CLSK put to Apr 17 $11

The Trade at a Glance Why This Trade Makes Sense Extending the Trade for More Credit Rolling the position to a later expiration allows us to collect additional premium while maintaining exposure to the trade. Managing Risk and Flexibility By rolling, we avoid early assignment and keep control over the trade while increasing the overall … Read more

$5K Account: Roll SMR to May 21

Here’s your new blog post: The Trade at a Glance Why This Trade Makes Sense Extending the Trade for Additional Credit By rolling this put option, we collect an extra $30 in premium, reducing our overall risk while staying in the trade. Lowering the Strike Price Moving from a $25 strike to $24 improves our … Read more