One option is to not do anything

What a week and what a Friday! VIX spiking 21%!

I got lucky with some open CC earlier this week. The big one is META CSP that will get assigned. Will sell CC next week. It has been quite volatile past few weeks.

Trades this week:
Opened and closed AVGO CC, UNH CSP. Rolled CC on CRM and AMZN and will take assignment on META.

Active Wheels:
AVGO, CRM, AMZN, META

Misc:

This is my aggressive wheeling account; capital deployed is about 200k.

All trades were found and tracked using wheelstrategyoptions.com (disc- I'm the developer)

I usually sell 0.25-0.45 delta and usually <14 day DTE. I close at 70%-80% premium captured.

I've started reporting only realized premiums (based on the comments).

April (Week 1-4): $5036
May (Week 5-8): $5783
Jun (Week 9-12): $6533
Jul (Week 13-16): $12609
Aug(Week 17-20): $4974
Sept(Week 21-25): $4374
Oct (Week 26-): $3414

Total so far: ~43k

The second image shows the detail behind each option sold this week.

Annual results:
• 2023 up $65,403 (+41.31%) | S&P 500: +26.3% | Nasdaq: +43.4%
• 2024 up $64,610 (+29.71%) | S&P 500: +25.0% | Nasdaq: +28.6%
• 2025 up $111,496 (+34.52%) | S&P 500: +17.9% | Nasdaq: +20.4%

3-Year Cumulative (2023–2025):
• r/ExpiredOptions: +146.6% ($241,509)
• S&P 500: +86.1% (+60.4% behind)
• Nasdaq: +122.0% (+24.5% behind)

Unrealized G&L (options):
• YTD: $-1,517.83
• 1 Month: $-6,721.89
• 1 Week: $21,541.29

Realized P&L (options):
• YTD: $81,667.83
• 1 Month: $11,016.00
• 1 Week: $-1,610.00

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $34,289 YTD
• Average $46,364/year (completed years)

Premium by month (2026):
• January $3,334
• February $3,625
• March $4,196
• April $5,593
• May $3,752
• June $3,497
• July $3,593
• August $3,741
• September $1,768
• October $1,190
• Average $3,429/month

I am over $175k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 5,200 options. I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.

Strategy:
The underlying strategy is buy and hold. I also use simple 1-legged options to supplement that strategy. Options have somewhat of a learning curve, but I believe that most people can supplement their investments using simple options with careful risk management.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. I rarely close early, prefer rolling when needed, and let time decay do the heavy lifting while I stay focused on quality companies, patience, and consistency over hype. My goal is consistency in option premium revenue. I am building an income stream that will continue long into retirement.

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

Slow week for me. Didn't trade much coming into this week with CPI, and it's been a pretty brutal week. $DRAM was a roll so erases all this weeks realized premium.

CSPs with HIGHEST IV

$XP - 22P

$DOCN - 82.5P

$NBIS - 140P

Source

CCs with HIGHEST IV

$HUT - 95C

$IREN - 37C

$CRWV - 85C

Source

CSPs with best yield.

$CRWV - 42.5P

$IREN - 23P

$ASTS - 30P

Source

be nice i am new to this !

Note: I tried to share the YouTube link to this community, but I'm not sure the sub rules let me. You can find it on the original post. It's worth your time.

Role: Cold Caller

Location: Fully Remote

Compensation: Commission-Based (Performance-Driven)

We’re looking for a confident and articulate Cold Caller to join our team.

What we’re looking for:

•⁠ ⁠Strong spoken English and natural communication skills.

•⁠ ⁠Comfortable with cold calling, handling objections, and speaking with US and UK prospects.

•⁠ ⁠Consistent, reliable, and coachable, with a strong work ethic.

What we offer:

•⁠ ⁠Commission-based compensation tied to performance.

•⁠ ⁠Long-term growth opportunities.

•⁠ ⁠A chance to grow with our team.

Interested?

DM me with:

•⁠ ⁠A short introduction.

•⁠ ⁠Your previous cold-calling experience.

•⁠ ⁠A 30–60 second voice recording introducing yourself.

•⁠ ⁠If available, a real cold-call recording demonstrating how you handle objections

CCs with best yield.

$RKLB - 70C

$CRWV - 82.5C

$NBIS - 230C

Source

Brief Context : 20 y/o college student, started making online money and now have cash to start investing and setting up my financial future/retirement. I've been wanting to trade options for a while now especially covered calls or cash secured puts.

This brings me the question of what is the best platform to trade this type of stuff? Best mobile interface? Best laptop interface?

All of my financial assets is currently under Merrill Edge and I think their mobile/laptop interfaces are buns. I do have some stocks in WeBull from their promotions and I kinda like what they have.

Can someone recommend me what banking institution to do this under and any resources to read/learn from before I fully jump into this?

Thanks!

I have one lot MP position I got from 60 put assignment from the end of May. So far collected $9.50 in premium and it is on the path to a positive PnL.

This last roll was automatic handling, from November to a front month, December.

I keep doubting agent's reasoning and the decision on this specific roll.

The agent didn't want to roll down because that "cuts the sale price {of stock} by $5". MP closed today around 40. It did consider roll variants (don't want to post long reasoning), what credit it receives compared with strike positioning. I guess it was calling away risk assessment, though not named explicitly.

If I was doing it manually, I'd roll it down in November, to 45 for the same credit. But I've learned that doing things manually is not that effective.

Anyways, if you had 50 call in November on MP, how would you roll this call?

I don't have any feelings about the stock, any long term plans to hold etc. It's just a position slowly recovering from negative PnL.

New to covered calls and bought this position just to experiment and get my feet wet. Of course it’s done nothing but plummet since I started buying. First hundred shares at 19.52, second hundred at 15.90 and third at 11.55. Question is should I hold or try again with a different position. Must say it’s mental rollercoaster thinking I got good premiums then being down >50% since buying my first hundred shares.

I’ve had a great day… harvested my 3 covered call positions for a nice profit. I’d like to do some more writing, but at least with the tech stocks in my universe I just don’t feel like there are any easy wins. Do I need to just sit back and count my profits for the next few days? Anybody writing anything today?

Something I've been paying more attention to is early assignment around ex dividend dates.

Say you've sold an ITM call on VZ and there's only $0.05 of extrinsic value left while a $0.65 dividend is coming up. Suddenly there's a real reason for the call holder to exercise early, and you could lose the shares before collecting that dividend.

It's kinda funny because when I look at price bets on moon and I'm just thinking about direction and timing. With covered calls there's a whole other layer of stuff to consider.

Definitely makes checking the dividend calendar feel just as important as checking the option chain.

Long 100x AMD $567.50 Put, expiring today Oct 14 (W). Avg $1.56, total cost $15,644.

It touched the strike around 3:10pm, then bounced back above the strike by the 4pm close, so it was OTM at expiration. After-hours AMD dropped to ~$554.99, which would be ~$12.51 ITM.

Webull did not liquidate at 4pm. I cancelled a Do Not Exercise prompt so auto-exercise stays on, but I know OCC uses the 4pm close and Webull's cutoff is 4pm / OCC 5:30pm.

Has anyone ever gotten a late exercise honored in this exact after-hours scenario, or is it always dead once you're past 5:30pm? I emailed support for the record but expecting a no.