A light but focused day—just the way we like it. Took profits, reset a few covered calls, and grabbed fresh premium on names we’re happy to work with. Let’s break it down.
💼 $5K Account Moves
✅ Closed: 1 $CORZ Aug 1 $15 Covered Call
💰 Paid $2 to close, Booked $38 profit
Quick and clean. Locked in profit on CORZ and will likely reload with another call soon. Just working the rhythm of small, repeatable gains.
💼 $100K Account Moves
🟢 New Entry: 1 $SOXL Aug 1 $30 Covered Call
💰 Collected $27 credit
Just keeping the wheels turning on SOXL—was time to layer in another call and squeeze out a little premium before the week ends.
✅ Closed: 1 $IONQ Aug 1 $45 Call
💰 Paid $35 to close, Booked $100 profit
This one gave us a nice run. Took profits and cleared the deck to reset a new call later—keeping that capital active and working.
🟢 New Entry: 1 $RKLB Aug 8 $44 Put
💰 Collected $330 credit
Back at it with RKLB. High premium, short duration—what’s not to like? We’ll manage this closely, but happy with the risk/reward here.
🧠 Strategy Notes
- Take the win and reset—don’t overstay.
- Keep puts tight and short when the credit is juicy.
- Covered calls are just rent on stock we’re already holding.
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#OptionSelling #OptionCredits #OptionsTrading #CoveredCalls #PutSelling #RKLB #IONQ #SOXL #CORZ #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.