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.