Kicked off August with a simple unwind and reset. Took profit on a covered call and getting ready to re-sell another. Keeping things moving and premium flowing.
💼 $100K Account Move
✅ Closed: 1 $IONQ Aug 8 $45 Covered Call
💰 Paid $74 to close
💰 Booked $101 profit
Nice little win here. Freed up the position to sell a fresh covered call soon. We’re not holding on too long—just taking what the market gives and cycling capital efficiently.
🧠 Strategy Notes
- Book the win when it’s there.
- Always ready to reload for premium.
- Covered calls = steady cashflow, especially when managed actively.
📢 Follow the Journey
🐦 Twitter: https://X.com/TheTopListC
📬 Catch all updates and trade recaps on the blog.
#OptionSelling #OptionCredits #OptionTrading #CoveredCall #IONQ #TradeLog
⚠️ Disclaimer
Just sharing what I’m doing. Not financial advice—always do your own research and trade smart.
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.