Trade Recap – July 21: Profit Lock-In and Adjustments for Better Premium

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A light but meaningful trading day. We closed two profitable positions—one short put in the $5K account and a LEAPS covered call in the $100K account. The focus was on locking in strong annualized returns and freeing up capital to target better short-term setups.

🔹 $5K Account

  • Buy to Close 1 $OSCR Jul 25 $13 Put by paying $20
    ➤ Total Profit: $66
    ➤ Absolute Profit: 5%
    ➤ Annualized Return: 3736%
    #Optionselling #OptionsTrading #OptionCredits

🔹 $100K Account

  • Buy to Close 1 $BILL Jan 2026 $100 Call by paying $20
    ➤ Total Profit: $60
    ➤ Strategy: Closing the LEAPS covered call early to begin selling shorter-term calls for better time decay and premium flow.
    #OptionSelling #OptionCredits #OptionTrading

🧠 Strategy Insight:

  • Took profits on a short put with extraordinary annualized return.
  • Managed long-dated call risk by closing early and repositioning for near-term covered call income.

🛑 Disclaimer:

This post is for informational purposes only and not financial advice. All trades mentioned are real but intended for educational discussion. Options trading involves risk and is not suitable for all investors.

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