Options Income Recap – August 28, 2025

 

Today’s trades focused on covered calls, short call rolls, and a put roll, all designed to steadily harvest premium while keeping risk managed.

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🔹 SMCI Covered Calls

1. SMCI $55 Call Sell (Exp. 9/26)

• Contracts: 2

• Premium: $0.48 each → $95.92 Net Credit

• Underlying Price: ~$44.76

• Max profit = $95.92 if SMCI closes below $55 at expiry.

2. SMCI $56 Call Sell (Exp. 10/3)

• Contracts: 1

• Premium: $0.52 → $51.96 Net Credit

• Underlying Price: ~$43.95

• Max profit = $51.96 if SMCI stays under $56 by expiration.

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🔹 TSLL Short Call Rolls

3. TSLL $13C Roll (9/5 → 9/12)

• Rolled 3 contracts

• Net Credit: $77.76

• Underlying Price: ~$13.50

• Extended the trade for more premium while keeping the same strike.

4. TSLL $13C Roll (8/29 → 9/5)

• Rolled 5 contracts

• Net Credit: $159.58

• Underlying Price: ~$13.28

• Captured fresh weekly premium by rolling forward a week.

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🔹 TTD Short Put Roll

5. TTD $55P Roll (9/5 → 9/12)

• Rolled 1 contract

• Net Credit: $52.92

• Underlying Price: ~$52.65

• Staying at the same strike while collecting additional premium.

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💰 Totals

Ticker	Trade	Net Credit
SMCI	$55C 9/26 Sell	$95.92
SMCI	$56C 10/3 Sell	$51.96
TSLL	$13C Roll 9/5→9/12	$77.76
TSLL	$13C Roll 8/29→9/5	$159.58
TTD	$55P Roll 9/5→9/12	$52.92
Total Premiums		$438.14

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📝 Closing Thoughts

This session added $438.14 in net credits, reinforcing the strategy of:

• Selling covered calls on beaten-down but stable names like SMCI.

• Rolling short calls on TSLL to extract weekly premiums.

• Extending short puts like TTD for fresh cashflow.

All trades remain open, so final P&L will depend on expiration management. For now, the steady flow of option income continues.

WeeklyPay ETF Dividends: August 26, 2025

 One of the best feelings as an investor is seeing dividend income land in the account — especially when it’s every week. Today, my Roth IRA was credited with dividends from four high-frequency, income-focused ETFs by Roundhill Investments. Here’s the breakdown and why this strategy stands out.

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Dividends Received Today

• $12.48 from Roundhill TSLA WeeklyPay ETF ($TSLW)

• $11.40 from Roundhill NVDA WeeklyPay ETF ($NVDW)

• $3.22 from Roundhill AVGO WeeklyPay ETF ($AVGW)

• $16.23 from Roundhill HOOD WeeklyPay ETF ($HOOW)

Total: $43.33 in passive income this week — all automatically reinvested in my Roth IRA.

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Why WeeklyPay ETFs Are Game-Changers

• Weekly Payouts: Unlike most dividend ETFs, these distribute cash every single week, helping smooth out income and boost compounding potential.

• Exposure to Market Leaders: Each ETF targets high-profile US equities or themes, like Tesla, Nvidia, Broadcom, and Robinhood.

• High Yield Potential: These funds currently offer eye-catching annualized yields, with HOOD, for instance, paying forward yields far above the market average.

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Roth IRA Advantages

Holding these funds in a Roth IRA means dividends grow tax-free, maximizing the benefit of compound interest over the long term.

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Final Thoughts

Consistent passive income transforms your investing journey. Whether reinvested or withdrawn, weekly ETF dividends provide confidence and flexibility to stay the course — and today’s $43.33 is proof that the strategy is working. Here’s to next week’s payout!

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Disclosure: Not investment advice. Yields and distributions may fluctuate. Do your own research before investing.

Options Income Update – August 22, 2025

Today was a busy but rewarding session in the options income strategy. Several short puts were rolled forward for additional premium, and a layered covered call strategy was deployed on TSLL. Altogether, these moves brought in $801 in net credits.

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🔄 Short Put Rolls

TTD Roll

• Closed: TTD $55 Put (8/22) at $2.10

• Opened: TTD $55 Put (9/5) at $2.91

• Credit Collected: $81.00

• Extended the trade by two weeks, same strike, more premium.

BMNR Roll

• Closed: BMNR $45 Put (8/22) at $0.07

• Opened: BMNR $45 Put (8/29) at $1.32

• Credit Collected: $125.00

• Locked in profit on the expiring put and re-sold for another week.

MSTX Roll

• Closed: MSTX $27 Put (8/22) – 2 contracts at $0.44

• Opened: MSTX $27 Put (8/29) – 2 contracts at $1.40

• Credit Collected: $192.00

• Took gains early and rolled forward for fresh income.

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📊 Covered Calls on TSLL

TSLL $13C (8/29)

• Sold 5 contracts at $0.41

• Credit Collected: $205.00

• Short-term income play against TSLL shares for the coming week.

TSLL $13C (9/5)

• Sold 3 contracts at $0.66

• Credit Collected: $198.00

• Layered additional calls for the following week to maximize premium capture.

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💰 Daily Totals – 8/22/25

• TTD Roll: +$81.00

• BMNR Roll: +$125.00

• MSTX Roll: +$192.00

• TSLL Covered Calls: +$403.00

• Total Premium Collected: $801.00

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📝 Takeaway

This session highlights the power of active options management:

• Rolling puts at the same strike extends income potential while avoiding near-term assignment.

• Staggering covered calls on TSLL across expirations provides flexibility and layered premium capture.

• In just one trading day, nearly $800 was generated, strengthening the rolling income stream while keeping positions managed.

Options Trade Update – Selling RDDT $42 Put for $220 Premium

 Today, I executed a new options trade on Reddit (RDDT). I sold the $42 Put contract expiring September 19th and collected a $220 premium.

👉 What this means:

• By selling this put, I’m agreeing to potentially buy 100 shares of RDDT at $42 if assigned.

• In return, I collected $220 upfront, which adds to my rolling options income.

• If RDDT stays above $42 by expiration, the option expires worthless and I keep the full premium.

This strategy fits my broader approach of generating consistent income while being comfortable owning RDDT shares at the strike price.

Another solid step in building passive cash flow through options!

Cumulative Rolling Premium Journal (as of Aug 19, 2025)

 Another strong update in the rolling premium income strategy! Here’s the breakdown across all positions:

🟢 OPEN

• Current Position: 100 shares @ $3.62

• Covered Call Sold: $4C (9/12/25) → +$70

• Adjusted Cost Basis: $2.92/share

🟢 RDDT

• Call Roll (6/18/26 $240C → 9/18/26 $250C)

• Net Credit: +$400

• Rolled strike up by $10 and out 3 months.

🟢 UNH

• Shares: 100 @ $302.50

• Call Roll (1/16/26 $370C → 2/20/26 $370C)

• Net Credit: +$304

• Adjusted Cost Basis: $299.46/share

🟢 TSLL

• Short Call Roll (8/22 $13.5C → 8/29 $13C)

• Net Credit: +$120

• Current Position: Short 3x $13C (8/29)

🟢 SMCI

• $60C (9/5/25) → Sold $84, Closed $12 → +$72 realized

• 2x $60C (9/12/25) → Sold $208, Closed $44 → +$164 realized

• $51C Roll (8/29 → 9/12) → +$48 credit (open)

• Total Premium Collected: +$284

📊 Totals Across All Tickers:

• OPEN: +$70

• RDDT: +$400

• UNH: +$304

• TSLL: +$120

• SMCI: +$284

✅ Grand Total Premium Collected = +$1,178

This shows the power of rolling, scaling, and managing exposure — locking in realized profits while keeping positions working for more income.

WeeklyPay Dividends & Portfolio Moves – August 19, 2025

 This week was another strong one for my Roth IRA dividend flow + new buys. The Roundhill WeeklyPay ETFs delivered steady income, and I added to several positions for long-term compounding.

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💸 Dividends Received

ETF (Roundhill WeeklyPay)	Dividend
AVGO ETF	$3.51
TSLA ETF	$27.11
NVDA ETF	$26.66
HOOD ETF	$24.58
Total Collected	$81.86

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📊 New Positions Added

Investment	Amount ($)	Shares / Units	Price
UPS (Roth IRA)	$81.60	0.94119 shares	$86.70
Roundhill HOOD WeeklyPay ETF (Roth IRA)	$208.47	3 shares	$69.49
YieldMax HOOD Option Income ETF (Roth IRA)	$142.72	2 shares	$71.36
Bitcoin (BTC)	$70.00	0.00060269 BTC	$116,144.04
Vanguard S&P 500 ETF (VOO – Roth IRA)	$591.66	1 share	$591.66
Roundhill HOOD WeeklyPay ETF (Roth IRA)	$137.16	2 shares	$68.58
Roundhill AVGO WeeklyPay ETF (Roth IRA)	$155.39	3 shares	$51.80

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💡 Key Takeaway

• Income side: $81.86 in dividends this week → consistent cash flow.

• Growth side: New capital deployed into ETFs, blue chips, and even a small BTC buy.

• Strategy: Keep stacking weekly income + reinvest into long-term assets.

Small steps, repeated weekly, = unstoppable compounding. 📈

August Dividends Update

 August brought another round of passive income from my dividend portfolio. While the amounts vary, each payout represents businesses sharing profits directly with shareholders — and that never gets old.

Here’s the breakdown of my August 2025 dividends so far:

• Mastercard (MA): $10.72

• CVS Health (CVS): $39.25

• Verizon (VZ): $27.45

• AT&T (T): $37.27

👉 Total for August (so far): $114.69

Highlights:

• CVS continues to be my largest payer this month, contributing over a third of August’s dividends.

• Verizon & AT&T show why telecoms remain reliable income machines.

• Mastercard may look small today, but it’s a long-term compounding powerhouse.

Every dollar is automatically reinvested, fueling more dividends in the future. The snowball keeps rolling. ❄️

⚡️ High-Yield, High-Risk Dividends – August 2025 Roth IRA Update

My Roth IRA continues to be the home for highly speculative, high-yield ETFs. These option-income funds generate outsized cash flow compared to traditional dividend stocks, though the payouts can vary widely month-to-month. Importantly, every dividend here is being reinvested to maximize compounding inside the Roth — completely tax-free.

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📊 Recent Dividends (August 2025)

• YieldMax PLTR Option Income ETF (PLTY) – $79.60 (Aug 15) – Reinvesting

• YieldMax Ultra Option Income ETF (ULTY) – $15.30 (Aug 15) – Reinvesting

• Roundhill TSLA WeeklyPay ETF (TSLW) – $17.38 (Aug 12) – Reinvested

• Roundhill NVDA WeeklyPay ETF (NVDW) – $23.11 (Aug 12) – Reinvested

• YieldMax Ultra Option Income ETF (ULTY) – $10.72 (Aug 8) – Reinvested

• Roundhill NVDA WeeklyPay ETF (NVDW) – $10.81 (Aug 5) – Reinvested

• YieldMax Ultra Option Income ETF (ULTY) – $1.86 (Aug 1) – Reinvested

👉 Total High-Yield Dividends (Aug 1–15, 2025): $158.78

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🔎 Key Highlights

1. Biggest Contributor – PLTY (YieldMax PLTR ETF) led the way with $79.60 on Aug 15, half of the total high-yield income this period.

2. Multiple Payouts – ULTRA (ULTY) alone paid three times this month, showcasing just how frequent distributions can be with these funds.

3. Tech-Focused Exposure – With TSLA and NVDA weekly income ETFs in the mix, the portfolio is heavily tied to tech-sector performance — both a risk and a potential reward.

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📈 Strategy & Outlook

• Tax-Free Compounding: Since this is in a Roth IRA, every dividend reinvested is building tax-free future income.

• Risk Acknowledgement: These yields are exceptionally high because they’re powered by derivatives and covered-call strategies. Payouts are not guaranteed and can be volatile.

• Snowball Growth: Even small reinvestments like $1.86 from ULTY add to share count, which then earns future dividends.

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✅ Takeaway:
August 2025 (so far) has already generated $158.78 in high-yield dividends in my Roth IRA. While speculative, reinvesting every penny ensures the income snowball continues to grow inside a tax-free account. The power of compounding here is huge — but so is the volatility.