Trade Recap: Aug 6 – LYFT Entry, IONQ Exit, and Rolls for Premium

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💼 $5K Account

  • 🟢 Sell to Open 1 $LYFT Aug 15 $15 Put
    ➤ Collected credit: $159
    #OptionSelling #OptionCredits #OptionTrading

💼 $100K Account

  • 🔵 Buy to Close 1 $IONQ Aug 15 $45 Covered Call
    ➤ Paid: $162
    ➤ Profit: $18
    🔁 Will sell another covered call soon
    #OptionSelling #OptionCredits #OptionTrading
  • 🔄 Roll to 1 $SMCI Aug 29 $55 Put
    ➤ Additional credit: $60
    #OptionSelling #OptionCredits
  • 🔄 Roll to 2 $BULL Aug 15 $16 Put
    ➤ Additional credit (2 contracts): $110
    #OptionSelling #OptionCredits

🧠 Strategy Notes:

  • Opened a high-premium CSP on $LYFT in the $5K account—premium-rich near support.
  • Took profits on $IONQ covered call and eyeing re-entry on strength.
  • Rolled $SMCI and $BULL puts to extend time and collect more credit—managing risk by staying ahead of expiry and using time to our advantage.

📈 Follow the Journey
🔗 Real-time trades posted on X: https://X.com/TheTopListC
📊 Daily logs & performance charts: https://OptionCredits.com

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.

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