As the week wraps up, we closed out one put position in the $5K Account and saw an assignment in the $100K Account that unlocked strong profits. Both moves are part of our broader cash-flow strategy.
✅ $5K Account Trade
🔄 Buy to Close: 1 $ACHR Jun 6 $10 Put @ $32
- Initial Credit: $45
- Closing Cost: $32
- Total Profit: $13
- Strategy Insight:
Locked in profit before expiry and freed up buying power. Even modest gains like this compound over time in smaller accounts.
💼 $100K Account Trade
🏁 $MU Covered Call Position Assigned at $98
- Final Outcome: Shares called away at $98
- Total Profit from Covered Call Legs: $945
- What’s Next?
- We’ll use the freed-up capital for new trades next week.
- This trade exemplifies how covered calls can create significant yield while managing risk in a large account.
🔁 Strategy Notes
We aren’t looking to collect shares or sit through drawdowns. Our core philosophy:
✔ Generate cash now through premium selling
✔ Roll when needed to protect profits
✔ Stay nimble and redeploy capital with discipline
🧠 Stay Informed, Trade Smart
📢 Follow every move we make with daily trade updates
🐦 Twitter: https://X.com/TheTopListC
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Disclaimer: This content is for educational purposes only. Options involve risk and are not suitable for every investor. Always do your own research or consult a professional.