$100K Account – Opening Trade IONQ Covered Call

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Welcome to the large account trade log! 📊 This is where I track every trade in real time, ensuring complete transparency as we execute our options income strategy with a $100K portfolio.

Opening Trade: Covered Call on $IONQ

📌 Buy 100 shares of IONQ & Sell 1 Feb 7 $48 Call for a total debit of $4,070

Trade Breakdown

✅ Stock Purchased & Call Option Sold: 100 shares of IONQ, sold 1 contract at the $48 strike price, at an average cost of $40.70 per share
✅ Total Capital Used: $4,070
✅ Potential Profit: If IONQ rises above $48, shares will be called away, locking in gains
✅ Income Collected: $55 from selling the covered call

If IONQ stays below $48 at expiration, we keep the shares and can sell another covered call for additional income. If assigned, we’ll secure profits and look for the next opportunity!

Tracking & Future Updates

Every trade—opened and closed—will be logged in real time to ensure full transparency. This is part of a structured options trading strategy focused on consistent income generation. 📈

🔔 Stay tuned for more trade updates, portfolio performance, and adjustments!

#OptionSelling #CoveredCalls #OptionCredits

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