We focused on securing fresh credits while also booking profits on previous positions. The $5K account saw efficient capital use with excellent short-term returns, while the $100K account continued rolling out covered calls for passive income.
📊 $100K Account
- 🛡️ Strategy: Covered Call Income
- Sell to Open 1 $GTLB Aug 15 $50 Covered Call for $78 credit
→ Continuing our strategy of collecting yield on long stock positions with low-risk OTM calls.
- Sell to Open 1 $GTLB Aug 15 $50 Covered Call for $78 credit
📊 $5K Account
- 💰 Strategy: Short Put Income Generation
- Sell to Open 1 $OSCR Jul 25 $13 Put for $86 credit
→ Targeting short-dated premium with strong theta decay. - Sell to Open 1 $UPXI Aug 15 $7.5 Put for $150 credit
→ Longer-dated trade on high IV stock, playing the premium.
- Sell to Open 1 $OSCR Jul 25 $13 Put for $86 credit
- ✅ Strategy: Closing Out Profitable Puts
- Buy to Close 1 $RCAT Aug 15 $7 Put for $10 debit
→ 📈 Total Profit: $45
→ ✅ Absolute Return: 6.43%
→ 📅 Annualized Return: 992% - Buy to Close 1 $BULL Aug 15 $12.5 Put for $45 debit
→ 📈 Total Profit: $63
→ ✅ Absolute Return: 5.04%
→ 📅 Annualized Return: 799,600% (short hold, strong yield)
- Buy to Close 1 $RCAT Aug 15 $7 Put for $10 debit
📌 Credits Collected Today:
- $100K Account: $78
- $5K Account: $236
- Total Credits for July 18: 💵 $314
📌 Hashtags:
#OptionsTrading #OptionCredits #CashSecuredPuts #CoveredCalls #PremiumSelling #PassiveIncome #StockMarketStrategy #WeeklyTradeRecap #OptionsSelling #SmartOptionsTrader
⚠️ Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Options trading involves significant risk and may not be suitable for all investors. Always do your own research or consult a registered financial advisor.