$100K Account: Sell MSTX Mar 28 Put

The Trade at a Glance

  • Account Size: $100K
  • Underlying Stock: MSTX
  • Strategy: Sell 1 Cash-Secured Put
  • Expiration: March 28
  • Strike Price: $33
  • Premium Received: $81
  • Margin Requirement: $3,300 (secured cash for 100 shares)

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 discount entry.

Capital Efficiency

With $3,300 allocated, this trade aligns well with a $100K account, allowing for diversified option positions.


Risk Management

  • Max Loss Scenario: If MSTX falls to zero, the potential loss is $3,300 – $81 = $3,219.
  • Mitigation Strategies:
    • Monitor price action and roll if needed for additional credit.
    • Consider closing early if the position reaches a high percentage of max profit.
    • Ensure comfort with owning MSTX at $33 in case of assignment.

Final Thoughts

Selling cash-secured puts is a strategic way to generate income while maintaining control over risk. For a $100K account, this MSTX trade provides a solid balance between premium collection and capital preservation.

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