💼 $5K Account
- ✅ Buy to Close 1 $UPXI Sep 19 $7.5 Put by paying $113
- 📊 Total Profit: $63 (from the initial entry)
- 💵 Absolute Profit %: 8.4%
- 📈 Annualized Profit %: 185%
- 🔎 A clean win, locking in strong returns relative to size.
- ✅ Buy to Close 1 $CORZ Aug 15 $15 Covered Call by paying $5
- 📊 Profit: $50
- 💡 Plan to re-sell another covered call soon to keep the premium machine running.
💼 $100K Account
- ✅ Buy to Close 1 $IONQ Aug 15 $45 Covered Call by paying $14
- 📊 Profit: $142
- 💡 Will look to sell another covered call shortly to keep capital working.
- 🔄 Roll to 2 $BULL Aug 22 $16 Puts for an additional credit of $68 (total: 2 contracts)
- 🛠️ Rolling extended the position and added extra premium while giving more time for management.
📌 Strategy Notes
- Today was about locking in profits on multiple trades while also keeping exposure alive through a roll.
- The mix of covered calls and puts shows the balance of harvesting credits and managing risk across both accounts.
- Rolling the $BULL position helps smooth earnings and market swings while still stacking premium.
🔗 Follow the Journey
This journal documents the daily flow of selling options, closing winners, and rolling when needed. The focus remains the same: steady credit generation and disciplined risk management.
📖 Read the full trade log and strategies at OptionCredits.com
🐦 Get real-time updates and insights on X: @TheTopListC
Step by step, the credits add up — and the consistency is the real edge.
⚠️ 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.