Today was all about putting those assigned shares to work. We turned two stock positions into income machines by layering in some covered calls. Easy premium while we wait.
💼 $100K Account Moves
🟢 Sell to Open: 3 $CLSK Jul 11 $11.50 Covered Calls
💰 Collected $75 total
📦 Covered against shares already held
Nothing fancy here—just grabbing some extra cash while we hold $CLSK. Strike’s above our cost basis, so if it gets called away, we take the profit. If not, we’ll look to do it again next cycle.
🟢 Sell to Open: 1 $SOXL Jul 11 $30 Covered Call
💰 Collected $22
📦 Also covered from existing position
Same idea. Shares are just sitting there—might as well earn while we wait. If we get called, we walk away with gains and look for the next setup.
🧠 Strategy Snapshot
- Got shares? Turn them into rent.
- Covered calls = steady premium
- Rinse and repeat as long as we hold the shares
📢 Stay in the Loop
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#OptionSelling #OptionCredits #CoveredCalls #CLSK #SOXL #TradeLog #OptionsTrading #PassiveIncome
Disclaimer: Sharing trades for educational purposes only. Not financial advice. Always know your risk and trade smart.