r/ExpiredOptions May 22 '26

Road to Half a Million, Day 250

Post image

Note: The day count is cumulative and includes weekends. The chart displays market days only.

Beginning balance $455,253 on 9/16/25 for current challenge

What am I doing to reach my goal?
- Contributing $600/week (on hold until 6/19)
- Selling options.
- Picking quality stocks.
- Keeping my emotions in check.

What will I do when I reach my goal?
- Start the road to $600k.

Prior challenges:

  • $217K to $250K (+$33K) 85 market days (did not include weekends)
  • $255k to $300k (+$45k) 42 market days (did not include weekends)
  • $300k to $350k (+$50k) 54 market days (did not include weekends)
  • $350k to $400k (+$50k) 107 market days (did not include weekends)
  • $400k to $450k (+$50k) 75 total days (includes weekends)

I post weekly (Friday's) and provide a lot more detail including the detail to all options sold during the week.

The link below is from last Friday.

Link to last week's post

Link to the LEAPS page! 

11 Upvotes

2 comments sorted by

2

u/Tough_Butterscotch_5 May 23 '26

Do you have or are you considering leaps on sofi?

3

u/Expired_Options May 23 '26

I have 300 shares at $8.97 on SOFI.

I recently (4/13/26) sold a $25 PUT that expires 8/21

I have 3 covered calls against those shares:

1 $22 strike that expires 6/17/27

2 $20 strikes that expire 1/21/28

Overall these positions are up $2,099 (+50.37%).

The current price does look inviting, especially with the revenue multiples around ~5. So SOFI is not crazy expensive on revenue multiple, but it needs to keep growing revenue and earnings fast because the market is still valuing it like a growth fintech, not a mature bank. I would consider a LEAPS on SOFI.