Just one trade today, but a solid one. We opened a high-premium position that aligns well with our strategy of cash generation over share ownership. Let’s break it down.
💼 $100K Account Moves
🟢 New Entry: 1 $GLXY Aug 15 $30 Put
💰 Collected $318 Credit
This one stood out today thanks to the juicy premium. We’re comfortable with the strike, and the underlying has been relatively stable. The goal here is simple: let time decay do its thing. If tested, we’re ready to roll or manage as needed—no panic, just premium collection.
🧠 Strategy Snapshot
Our trading plan continues to follow these key principles:
✅ Sell puts for income, not to own shares
✅ Roll early to avoid assignment or increase credit
✅ Stay flexible with expirations and strike adjustments
✅ Focus on high-probability setups with favorable risk/reward
📢 Stay in the Loop
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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.