Wrapped up the month with a little cleanup and a fresh premium opportunity. Booked profit on a covered call that served its purpose and put new capital to work with a strong put sale.
💼 $100K Account Moves
✅ Closed: 1 $SOXL Aug 1 $30 Covered Call
💰 Paid $1 to close
💰 Booked $26 profit
Not a huge gain, but every dollar counts—especially when we can reload with a new covered call. We’ll be setting up the next one soon.
🟢 New Entry: 1 $SMCI Aug 8 $55 Put
💰 Collected $208 credit
Now this is more like it. High premium, solid strike, and a one-week hold. If tested, we’ll manage or roll—but this is exactly the kind of cashflow setup we love to rotate into.
🧠 Strategy Notes
- Sometimes it’s fine to take a small profit and reset.
- Stay nimble and keep capital working.
- Premium first, shares later (if ever).
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⚠️ 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.