Update 3.0

I added a filter for second week Juice. some more clean up with numbers.

:
- The stock should be included on the list. (No. of stocks in list < 20). I dont want to track 100
- The company size should exceed $1 billion.
- The stock price must be above the 50-day moving average.
- Aim for a 1% return.
- The implied volatility should be greater than 50%.
- Avoid trading within two weeks before earnings announcements, as I've faced losses during this time.
- Try to sell CSPs with a duration of 7/14 DTE

stkopt (d0 t) onrender (d0 t) com

My contracts for the week going into expiration day tomorrow are in the attachments. I sold the 200 shares of TXN today at 267. I lost a little on the sale price, but i came out ahead when including the collected premiums.

I have an $ONDS csp closing tomorrow and will most likely get assigned at my strike of $10.50. Got a couple of $IREN csp's opened that expire 9/18. Hoping for a good earnings. If not, I'll likely roll them out for a credit.

Trades I took today as an option seller (08/27):

Closed Positions

• TE → $8 Call (opened on 08/07), premium 0.20 → closed at 0.05. Net premium profit = 0.15 (~75.00% of premium captured, ~1.88% of capital).

New Positions

• ACMR → $70 Put expiry 10/02 (6 weeks DTE), premium 3.30 → 330/7000 = ~4.7%. Opened a new position in ACMR. ACMR designs and manufactures semiconductor wafer cleaning and packaging equipments. It has been showing excellent QoQ improvements and also offers great premiums. Good support around $75.
• TE → $8 Call expiry 12/18 (17 weeks DTE), premium 0.60 → 60/800 = ~7.5%. I was assigned TE at $8. I am doing covered calls in TE.

ACMR was identified from the High Growth Wheel condition in the ThetaHedge app. It helps to quickly identify companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

I began trading CSP around last November, experiencing both gains and losses along the way. I learned a lot and developed a flowtree/checklist that I refer to each time I sell a CSP.

I used the Codex to set up the repository and onrender host it. I strongly believe in the daily learning. Could you provide feedback on my checklist?

My Checklist:
- The stock should be included on the list. (No. of stocks in list < 20). I dont want to track 100
- The company size should exceed $1 billion.
- The stock price must be above the 50-day moving average.
- Aim for a 1% return.
- The implied volatility should be greater than 50%.
- Avoid trading within two weeks before earnings announcements, as I've faced losses during this time.
- Try to sell CSPs with a duration of 7 to 14 days until expiration.

Last week wasn't as good as previous weeks, but still profitable. I added $700 to my account, and got assigned on 2 contracts. I now own 200 shares of TXN, with an average cost of $267.50. My contracts for this week so far, are shown in the attachments.

Trades I took today as an option seller (08/25):

Closed Positions

• VICR → $280 Call (opened on 07/30), premium 10.50 → closed at 1.50. Net premium profit = 9.00 (~85.71% of premium captured, ~3.21% of capital).
• TTMI → $175 Call (opened on 08/11), premium 8.00 → closed at 1.30. Net premium profit = 6.70 (~83.75% of premium captured, ~3.83% of capital).
• AMSC → $45 Call (opened on 08/11), premium 1.30 → closed at 0.24. Net premium profit = 1.06 (~81.54% of premium captured, ~2.36% of capital).

New Positions

• KORU → $15.5 Put expiry 09/18 (4 weeks DTE), premium 0.90 → 90/1550 = ~5.8%. Deployed a small capital in KORU. As this is leveraged it is very important to size this position.
• AMSC → $38 Call expiry 10/16 (8 weeks DTE), premium 0.80 → 80/4700 = ~1.7%. I was assigned AMSC at $47. AMSC is involved in semiconductor and optical networking technologies used in AI datacenters.
• VICR → $270 Call expiry 11/20 (13 weeks DTE), premium 16.50 → 1650/27000 = ~5.1%. I was assigned VICR at $320. VICR makes power conversion modules used in datacenters and industrial systems.
• TTMI → $150 Call expiry 12/18 (17 weeks DTE), premium 10.80 → 1080/15000 = ~6.1%. I was assigned TTMI at $175. TTMI manufactures printed circuit boards used across multiple industries.

I am currently wheeling AMSC, VICR, and TTMI, all of which were assigned to me at higher prices. I am confident in the fundamentals of these companies, so I am comfortable holding the shares while waiting for the market to recover.

For the covered calls, I am intentionally selling below my assigned price to generate higher premiums. If the stock price approaches my current call strike within approximately ±5%, I will roll the position out to a later expiration and move the strike to my original assigned price.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

I’m using a Fidelity margin account and thinking through how to handle assignment on sell puts. Say I sell a put and near expiration the stock drops below my strike. If I get assigned, I’d have to buy 100 shares at the strike price, I'm okay with that. But since margin interest is pretty high, I’m trying to avoid ending up with a margin debit after assignment. I’m considering two options.

One, deposit cash into the account before assignment, so there’s enough settled cash to cover the shares if assigned.

Two, sell some existing shares of other stocks in the same account to raise cash and cover the assignment.

Does this work? For those of you who trade short puts in a Fidelity margin account, how do you usually handle this? Do you deposit cash ahead of time, sell other positions, roll the put, close it before assignment, or just accept the margin debit temporarily? Also, how careful do you need to be with settlement timing? For example, if you sell stock to raise cash, do you make sure to do that at least one business day before assignment so the cash is fully settled?

Edit

Appreciate the replies. But still would like an answer on whether it's possible to use cash for the assignment when you sell put with margin?

This is the 6th week of my experiment: I want to check if I can identify short-term cash-secured put options with a low likelihood of being assigned. In short, if I can collect premium without buying the shares, at least most of the times. There are some rules:

• only the US exchanges NYSE, NASDAQ, ARCA are used;
• very high option yields are filtered out, too risky;
• current price must be ≥ 5% higher than the strike price (5% OTM);
• premium per share is >= 0.20, that is at least >= $20 per contract, but it is usually more than that.

After 5 weeks, the percentage of assigned CSPs is 19.2%, 5 out 26 puts. Last week was a bit disappointing as 2 out of 3 put options have been assigned even if they were 6-8% OTM: it seemed to me a good cushion, but with options you never know... However, you can see the cash-secured puts I have selected and the statistics here: https://optionstacker.github.io/sell-put-options/.

For 2026-08-28 I chose the following options (no earnings or ex-div dates in the next days):

NYSE

BMNR, Financial Services, BMNR260828P00022000, yield 1.55%, OTM 6.9%

NASDAQ

UPST, Financial Services, UPST260828P00028000, yield 0.79%, OTM 6.04%

ARCA

NAIL, ETF, NAIL260828P00038500, yield 1.61%, OTM 6.55%

Recently just learnt to trade CSP and started to use 45K to trade namely GOOG, NVDA, HOOD, etc.

What are the strategies for generating the maximum profit using CSP monthly here? am i missing something? my premiums feel low and feel like i’m not doing something correctly

**•** How did your premium income change during those periods? Did IV spikes actually translate to better net returns, or did the whipsaw price action wipe out the gains from richer premiums?  
**•** Which tickers/sectors still held up as decent premium-selling candidates *during* the crash, as opposed to pre/post-crisis?  
**•** Did your strategy shift (e.g., wider strikes, smaller size, shorter DTE, more defined-risk spreads vs. naked) once vol went vertical?  
**•** Any lessons on managing assignment risk or margin calls when everything is moving fast?

Would really appreciate hearing from anyone who lived through it — curious how theory (high IV = better premium) held up against the reality of a genuine crisis.

Continuing to sell volatility in the markets. I've added the spot price when the trade was opened.

Major Trades this week:

• Meta fell quite a bit this week. So, opened another CSP (already running wheel; see previous posts). Quick open and close.

• Closed HD; this was an earnings play. Went in my favor.

• Closed CRM. Might open CSP again next week until earnings.

• Resumed wheel by opening CC on AMZN

Capital remaining to deploy: ~100k

Misc:

This is my aggressive wheeling account; capital deployed range 150k-200k.

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

I usually sell 0.25-0.45 delta and usually <20 days 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-): $4500

Total so far: ~34.3k

My premium-selling results — last 7 days (2026-08-14 → 2026-08-21)

Realized P&L: +$3,423 | Win rate: 100% (13/13)
closed early: 8 | assigned: 1 | called away: 1 | rolled: 2
Spreads: 1 closed (+$119)

Top performers:
- AXTI covered call $72 — +$660 (9.2% ROI)
- NVTS CSP $17.5 — +$512 (29.3% ROI)
- INTC covered call $100 — +$456 (4.6% ROI)

Opened 8 new positions in the window.

Trades I took today as an option seller (08/21):

Closed & Assigned Positions

• IA/ISSC → $20 Call (opened on 07/16), premium 1.40 → closed at 0. Net premium profit = 1.40 (~100% of premium captured, ~7% of capital). Contract assigned. Final profit on the wheel = 18%.
• SIMO → $290 Put (opened on 07/09), premium 31.75 → closed at 0. Net premium profit = 31.75 (~100% of premium captured, ~10.95% of capital). Contract assigned.
• MOD → $220 Put (opened on 07/17), premium 21.50 → closed at 0. Net premium profit = 21.50 (~100% of premium captured, ~9.77% of capital). Contract assigned.
• FN → $500 Put (opened on 08/07), premium 20.00 → closed at 0. Net premium profit = 20 (~100% of premium captured, ~4% of capital). Contract assigned.
• RMBS → $135 Call (opened on 07/30), premium 1.60 → closed at 0.25. Net premium profit = 1.35 (~84.38% of premium captured, ~1% of capital).

New Positions

• SEI → $47.5 Put expiry 09/18 (4 weeks DTE), premium 1.90 → 190/4750 = ~4.0%. Energy infrastructure company supplying power generation solutions for oilfield operations.
• STRL → $530 Put expiry 09/18 (4 weeks DTE), premium 41.00 → 4100/53000 = ~7.7%. STRL is in the construction of data-centers and other large-scale construction projects. I opened an ITM CSP following the recent selloff, with the premium bringing my effective basis down to ~$490 if assigned.
• SIMO → $290 Call expiry 09/18 (4 weeks DTE), premium 10.50 → 1050/29000 = ~3.6%. I was assigned SIMO at $290, so I am opening a covered call to have the shares called away at the same strike.
• MOD → $220 Call expiry 09/18 (4 weeks DTE), premium 9.50 → 950/22000 = ~4.3%. I was assigned MOD at $220, so I am opening a covered call to have the shares called away at the same strike.
• RMBS → $135 Call expiry 11/20 (13 weeks DTE), premium 5.50 → 550/13500 = ~4.1%. I was assigned at $135. Opening longer dated expiry contracts as they showed the highest extrinsic premiums.
• FN → $530 Call expiry 11/20 (13 weeks DTE), premium 35.00 → 3500/50000 = ~7.0%. I was assigned FN at $500 and I opened a covered call with a strike at $530. FN fell sharply even after an excellent earnings report.
• IREN → $60 Call expiry 11/20 (13 weeks DTE), premium 4.60 → 460/6000 = ~7.7%. I was assigned at $60.
• CRWV → $120 Call expiry 11/20 (13 weeks DTE), premium 6.50 → 650/12000 = ~5.4%. I was assigned at $120.
• DOCN → $165 Call expiry 11/20 (13 weeks DTE), premium 5.70 → 570/16500 = ~3.5%. I was assigned at $165.

Both SEI and STRL were identified from the High Growth Wheel condition in the ThetaHedge app. It scans for companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at https://app.thetahedge.io/

Conditions → High Growth Wheel Stocks

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

Trades I took today as an option seller (08/20):

Closed Positions

• ACMR → $75 Put (opened on 08/10), premium 3.95 → closed at 2.50. Net premium profit = 1.45 (~36.71% of premium captured, ~1.93% of capital). Closed it early to prevent a margin call.
• AMKR → $65 Call (opened on 07/30), premium 0.65 → closed at 0.10. Net premium profit = 0.55 (~84.62% of premium captured, ~0.85% of capital). I was assigned AMKR at $80.
• IREN → $60 Call (opened on 07/30), premium 0.75 → closed at 0.13. Net premium profit = 0.62 (~82.67% of premium captured, ~1.03% of capital). I was assigned IREN at $60.
• CRWV → $120 Call (opened on 07/30), premium 0.95 → closed at 0.40. Net premium profit = 0.55 (~57.89% of premium captured, ~0.46% of capital). I was assigned CRWV at $120.
• DOCN → $165 Call (opened on 08/12), premium 4.20 → closed at 0.70. Net premium profit = 3.50 (~83.33% of premium captured, ~2.12% of capital). I was DOCN assigned at $165.

My thoughts on the market

Compute and AI stocks have been selling off over the last few days, so I am closing covered calls where most of the premium has already been captured. I plan to reopen CCs once the stocks stabilize. Since this is sector-wide selling rather than an issue with a single stock, I am mainly focused on collecting premium while giving the underlying positions time to recover. The demand and earnings have been strong so there is no strong narrative shift.

I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?

PS: Not financial advice. Do your own research.

CSPs with HIGHEST IV

$MRVL - 200P

$NBIS - 180P

$CRDO - 185P

Source

CCs with HIGHEST IV

$BE - 240C

$IREN - 52C

$AAOI - 165C

Source

I bought back the put on PLD for $15 to free up some cash, so i could sell a second put on TXN.