Trade Recap: Aug 4 – Rolling for Extra Credit & Locking Quick Profits

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💼 $5K Account

  • 🌀 Rolled to 1 $UPXI Sep 19 $7.5 Put
    ➤ Collected additional credit: $26
    #Optionselling #OptionsTrading #OptionCredits
  • ✅ Closed 1 $JOBY Aug 8 $17 Put by paying $15
    ➤ Profit: $89
    ➤ Absolute Profit %: 5.24%
    ➤ Annualized Profit %: 2091%
    #Optionselling #OptionsTrading #OptionCredits

💼 $100K Account

  • ✅ Closed 1 $GTLB Aug 15 $50 Covered Call by paying $12
    ➤ Profit: $66
    Will sell another covered call soon
    #OptionSelling #OptionCredits
  • 🌀 Rolled to 1 $MSTX Sep 19 $41 Put
    ➤ Collected additional credit: $125
    #OptionSelling #OptionCredits

🧠 Strategy Notes:

  • Rolling UPXI and MSTX to September to stay ahead of theta decay while squeezing extra credit.
  • JOBY and GTLB trades locked in decent profits quickly—will re-enter new trades with similar setups.
  • As always, prioritizing premium capture over directional bets and managing risk actively.

📈 Follow the Journey
Real-time trades posted on X: https://X.com/TheTopListC
End of Day logs & performance charts: https://OptionCredits.com

Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Options trading carries risk and may not be suitable for all investors. Just sharing how I’m managing trades and generating premium—always do your own research and trade smart.

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