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 $BILL
📌 Buy 100 shares of BILL & Sell 1 Feb 7 $98 Call for a total debit of $8,980
Trade Breakdown
✅ Stock Purchased & Call Option Sold: 100 shares of BILL, sold 1 contract at the $98 strike price, at an average cost of $89.80 per share
✅ Total Capital Used: $8,980
✅ Potential Profit: If BILL rises above $98, shares will be called away, locking in gains
✅ Income Collected: $665 from selling the covered call
If BILL stays below $98 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 #OptionCredit