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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