Wednesday, April 23, 2025

Updated Options Trading Recap: April 21–23, 2025 (Call Writing Focus)

 This week’s trades took a sharp turn toward income generation—with covered calls and cash-secured puts being the strategies of choice.


💥 Closed Position Highlight:


Closed out the SOXL $7.5 Put for a sweet $156 profit after buying it back at a much lower price. Easy win in a volatile sector.


📈 Calls Sold – Premiums Collected:

Rather than chase explosive moves, the goal this week was clear: get paid upfront.


✅ $SMCX $35 Call (May 16) – Collected $340


✅ $NVDA $125 Call (July 18) – Banked a hefty $680 for 2 contracts


✅ $RDDT $220 Call (Jan 2026 LEAP) – Long-term premium grab with $541


✅ $TSLL $10 Calls (5/9 and 5/16): $90 + $210 = $300 total












These are all open positions, and the goal is to let time decay work its magic 🪄. If assigned, many are covered; if not, the premiums stay in the pocket.


This income-generating strategy helps reduce risk, recycle capital, and maintain steady cash flow while still keeping exposure to big names like NVDA and RDDT.

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