Today’s activity focused on tightening our exposure while continuing to generate income across both portfolios. We rolled two $MSTX positions to consolidate and added fresh short puts to keep the cash flow coming.
💼 $5K Account Trades
🔄 Rolled to: 1 $BULL Jun 27 $12 Put
- Additional Credit Received: $20
- Why Roll?
- We’re not here to get assigned.
- Rolling forward gives us more time and more premium.
- Keeps capital working while extending our timeline.
🟢 Sell to Open: 1 $RCAT Jun 27 $7 Put
- Premium Collected: $37
- Why This Trade?
- Efficient short-term play for the $5K account.
- Attractive risk/reward and flexible exit options.
- If tested, we’ll roll rather than accept assignment.
💼 $100K Account Trades
🔁 Roll: 1 $MSTX Jul 18 $42 Put
- Additional Credit: $40
- Why Roll Again?
- Rolling helps us stay ahead of the curve.
- Premium was there, so we took it.
- Still on track to close for profit or keep rolling if needed.
🔁 Roll & Consolidate:
Buy to Close 1 $MSTX Jun 20 $44 Put
Sell to Open 1 $MSTX Aug 1 $42 Put
- Credit Received: $60
- Why This Adjustment?
- Brings both open $MSTX puts to the same strike ($42).
- Simplifies future management—easier to merge, monitor, and roll.
- Maintains premium income while adjusting risk profile lower.
🔁 Strategy Overview
We don’t wait for expiration—we manage proactively:
✔ Roll when it makes sense
✔ Never aim to acquire shares — this is about cash generation
✔ Simplify positions when possible to reduce noise
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Disclaimer: This post is for educational purposes only. Options trading involves risk and is not suitable for all investors. Do your own due diligence and consult with a financial advisor before executing trades.