Let me show you exactly what I traded and why each one worked:
Total: $1,671
Now let’s break them down one by one.
🎯 Trade #1: UnitedHealth (UNH) – Short Call → +$1,175
- Strategy: Sold Out-of-the-Money (OTM) Call
- Strike Price: $295
- Premium Collected: $11.75 per contract
- Result: Option expired worthless → full premium kept
This was textbook options selling.
I chose a stable, blue-chip stock. I sold a call above the current price. The stock never came close to my strike.
Time decay crushed the option value to zero.
Profit? All mine.
💡 Trade #2: MSTX – Cash-Secured Put → +$175
- Strategy: Cash-Secured Put
- Strike Price: $40
- Premium Collected: $2.00
- Exit Price: $0.25
- Result: Closed early for profit
MSTX had a major catalyst coming up. Volatility spiked, and so did option premiums.
I sold the put before the event, then bought it back after the fear faded.
Collected $175 in less than a week.
🔁 Trade #3: Tesla (TSLL) – Cash-Secured Put → +$105
- Strategy: Cash-Secured Put (x3 contracts)
- Strike Price: $13
- Premium Collected: $0.43
- Exit Price: $0.08
- Result: Closed early
Tesla was bouncing around again. I saw inflated premiums due to short-term volatility.
So I sold puts and closed them once prices dropped.
Quick, clean, low-risk profit.
🧮 Trade #4: Tesla (TSLL) – Short Call → +$216
- Strategy: Short Call (x3 contracts)
- Strike Price: $10
- Premium Collected: $2.32
- Result: Expired worthless
Even though Tesla went up slightly, it never reached my strike price.
That means I got to keep the entire premium.
Again, proper strike selection made all the difference.
✅ Start small and track every trade.
✅ Learn how to sell premium safely.
✅ Build a routine and stick to it.
✅ Surround yourself with other disciplined traders.
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