Plenty of activity today in the $100K account as we wrap up a multi-month trade and keep the covered call engine running.
💼 $100K Account Moves
✅ SMR Trade Fully Closed
- Buy to Close: $SMR Aug 15 $25 Call
- Sell Shares
📈 Total Profit: $330
💵 Capital Deployed: $2,500
📊 Absolute Return: 13.2%
📆 Annualized Return: 33%
This one started way back on Feb 12 and is now fully wrapped up. A nice medium-term winner that delivered over 13% in just over five months.
🔄 Roll: SOXL Covered Call
- Rolled to: 1 $SOXL Jul 25 $30 Covered Call
💰 Collected Additional Credit: $35
Staying active with this name—nice premium, and the roll gives us more time and room to manage.
🆕 Sell to Open: IONQ Covered Call
- Sold: 1 $IONQ Jul 25 $45 Call
💰 Credit Collected: $120
Re-deploying the shares we still own and turning them into another stream of income. These short-dated calls help boost returns without committing capital elsewhere.
🧠 Strategy Snapshot
- ✅ Closed a winning trade with strong annualized profit
- 🔄 Rolled and added time value for SOXL
- 💸 Put shares to work with covered calls on IONQ
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