The Trade at a Glance
- Account Size: $100K
- Underlying Stock: Carver Corp. ($CRWV)
- Strategy: Roll 1 Cash‑Secured Put
- Old Position: Apr 17 $50 Put
- New Position: Apr 25 $49 Put
- Additional Credit Collected: $75
- Total Premium To‑Date: $675 (previous $600 + $75)
- Margin Requirement: $4,900 (cash to secure 100 shares)
Key Metrics
- New Break‑Even Price: $49 – $6.75 = $42.25
- Obligation: Buy 100 shares of CRWV at $49 if assigned
Why We Rolled
- Juice the Premium – Grabbing an extra $75 keeps theta working for us and fattens overall credit.
- Lower Strike – Dropping from $50 to $49 improves downside cushion while staying close to market.
- More Time – Extending to Apr 25 gives the trade 8 more days to play out and avoids premature assignment.
Risk Management
- Keep watch on CRWV price and IV; roll again or close early if profit target hits.
- Comfortable owning at an effective cost of $42.25? If yes, assignment is acceptable.
Final Thoughts
Rolling puts is how we compound premium and shape risk. This CRWV adjustment deepens our credit pool and raises flexibility in the $100K portfolio.
📢 Live updates & commentary on X: @ThetoplistC
#OptionSelling #OptionCredits #OptionTrading #CashSecuredPut #CRWV