Today was a big one—we closed a major position in TSLA, freed up some serious capital, and wasted no time putting it to work. Also made a few smaller adjustments to keep the premium machine humming.
💼 $100K Account Moves
✅ Closed: 100 Shares of $TSLA + 1 Jan 2026 $300 Call
💰 Total Profit: $2,127
📈 Absolute Profit: 7.4%
📆 Annualized Profit: 19.4%
We finally pulled the plug on our long TSLA position. Why? Two reasons:
- Stock’s been looking weak, and
- It was eating up 28% of the portfolio and locking us down till Jan 2026.
This move gives us flexibility. We’ll redeploy the capital into short-dated put selling, which we believe will generate better returns in the near term.
🟢 New Trade: Sell to Open 2 $BULL Aug 1 $16 Puts
💰 Collected: $200 total credit (2 contracts)
Solid premium for a short hold. If it gets tested, we’ll manage or roll forward. No stress—this fits our active cashflow strategy perfectly.
🔁 Rolled: $IONQ to Aug 1 $45 Call
💰 Collected Additional Credit: $135
This roll helps us stay close to the stock while squeezing more income. IONQ’s long-term story remains strong, but we’re not leaving easy premium on the table.
✅ Closed: $SOXL Jul 25 $30 Covered Call
💰 Profit: $34
Small win here. Just managing the position actively. We’ll likely sell another covered call on SOXL soon.
🧠 Strategy Notes
- Free up capital when a stock ties up too much of the portfolio
- Keep collecting short-term premiums
- Roll or close early when it benefits the position
- Prioritize cash flow over stock ownership
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Disclaimer: 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. Just sharing how I’m managing trades and generating premium—always do your own research and trade smart.