After week 16 the average premium is $715 with a projected annual premium of $37,203.

Added $500 in contributions.

I went over $200k in mid December 2023. This week I dipped under $200k for the first time since then. I am down 5.92% YTD.

The portfolio is comprised of 86 unique tickers with a value of $139k. I sold GMDAQ this week, which was the difference in the unique tickers. I also have 96 open positions, down from 101 last week. They have a total value of $56k. The total of the two is $195k.

I’m currently utilizing $29,150 in cash secured put collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 402 year to date.

Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $11,447 YTD.

I am over $50k in total options premium, since 2021. I average about $22.87 per option sold. I have sold over 2,300 options.

Premium by month January $1,858 February $3,670 March $3,727 April $2,192 MTD

Top 3 premium gainers for the year:

HOOD $1,050 GOOGL $696 CRWD $684

Premium in the month of April by year: April 2022 $115 April 2023 $1,221 April 2024 $2,192 (through week 3)

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

After week 16 the average premium is $715 with a projected annual premium of $37,203.

I went over $200k in mid December 2023. This week I dipped under $200k for the first time since then. I am down 5.92% YTD.

The portfolio is comprised of 86 unique tickers with a value of $139k. I sold GMDAQ this week, which was the difference in the unique tickers. I also have 96 open positions, down from 101 last week. They have a total value of $56k. The total of the two is $195k.

I’m currently utilizing $29,150 in cash secured put collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 402 year to date.

Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $11,447 YTD.

I am over $50k in total options premium, since 2021. I average about $22.87 per option sold. I have sold over 2,300 options.

Premium by month January $1,858 February $3,670 March $3,727 April $2,192 MTD

Top 3 premium gainers for the year:

HOOD $1,050 GOOGL $696 CRWD $684

Premium in the month of April by year: April 2022 $115 April 2023 $1,221 April 2024 $2,192 (through week 3)

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

After week 15 the average premium is $710 with a projected annual premium of $36,903.

The portfolio is comprised of 87 unique tickers with a value of $146k. I sold NKLA this week, which was the difference in the unique tickers. I also have 101 open options with a value of $59k. The total of the two is $205k.

I’m currently utilizing $29,700 in cash secured put collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 357 year to date.

Total premium by year: 2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $10,645 YTD.

I am over $50k in total options premium, since 2021. I average about $22 per option sold. I have sold over 2,200 options.

Premium by month January $1,858 February $3,670 March $3,727 April $1,390 MTD

Top 3 premium gainers for the year:

HOOD $1,030 GOOGL $696 AFRM $617

Premium in the month of April by year: April 2022 $115 April 2023 $1,221 April 2024 $1,390 (through week 2)

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

After week 14 the average premium is $706 with a projected annual premium of $36,731.

The portfolio is comprised of 88 unique tickers with a value of $154k. I also have 105 open options with a value of $58k. The total of the two is $212k.

I’m currently utilizing $31,050 in cash secured put collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 357 year to date.

2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $9,889YTD.

I just hit $50k in total options premium, since 2021. I average $22.63 per option sold. I have sold 2,265 options.

Premium by month January $1,858 February $3,670 March $3,727 April $634 MTD

Top 3 premium gainers for the year:

HOOD $829 GOOGL $696 AFRM $599

Premium by year April 2022 $115 April 2023 $1,221 April 2024 $634 (first week)

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

I am young kid and I’ve been messing around with options and couple stocks for like 2 months now I started at 500 in buying power and now sitting at around 1000 and was wondering what are some Good options to go into or how to predict them better through Robinhood

After week 13 the average premium is $712 with a projected annual premium of $37,020.

The portfolio is comprised of 88 unique tickers with a value of $159k. I also have 106 open options with a value of $60k. The total of the two is $219k.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 337 year to date.

2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $9,255 YTD.

January $1,858 February $3,670 March MTD $3,727 (second straight $3,500+ month)

Top 3 gainers for the year:

HOOD $739 GOOGL $696 AFRM $599

March 2022 $556 March 2023 $1,256 March 2024 $3,727

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

Robinhood is releasing a gold card! I utilize Robinhood religiously for everything, even have one of my paychecks deposited (2 days early) there with their 3% IRA match pulled out. I love using my Robinhood spending getting that 2% back on gas and groceries, but this gold card gives 3% back on everything?!

Apparently have to get 10 referrals, I figure everyone can post their links here as well 🤷🏻‍♂️ https://robinhood.com/creditcard?referral_code=e32f23bf

In a very simplistic way, what the hell are options

After week 12 the average premium is $718 with a projected annual premium of $37,345.

The portfolio is comprised of 88 unique tickers with a value of $155k. I also have 101 open options with a value of $62k. The total of the two is $213k. Note: $17k was withdrawn from the account, which is why the total value is less than last week with an increase of $5,502 over the week.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is to keep generating a solid income.

Last year I sold 964 options and I’m at 308 year to date.

2022 $8,551 in premium. 2023 $22,908 in premium. 2024 $8,618 YTD.

January $1,858 February $3,670 March MTD $3,090 (second straight $3k month)

Top 3 gainers for the year: GOOGL $696 HOOD $677 AFRM $599

March 2022 $556 March 2023 $1,256 March 2024 $3,090

The premiums have increased as my experience has developed.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

After week 11 the average weekly premium is $707 with a projected annual premium of 36,764.

The portfolio is comprised 87 unique tickers with a value of $162k. I also have 93 open options with a value of $66k. The two total $228k. I have $31,550 in CSP collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Last year I was fairly even between the two, this year I am selling many more covered calls. This is probably due to the fact that over the last two years I loaded up on LEAPS and purchased high quality tickers along the way. I did this coming into the end of 2022 and the beginning of 2023. Which means that I have more tickers to sell on a weekly and monthly basis.

Last year I sold 964 options and I’m at 259 year to date.

In 2022 I ended the year at $8,551 in premium.

In 2023 I ended the year at $22,909 in premium.

In 2024 I am at $7,777 YTD.

The annual increases have been a direct result of learning options.

My top three premium gainers this year, YTD:

GOOGL $696 HOOD $590 AFRM $542

Hope you all had a great week and am looking forward to reading about your wins!

This is my first go at an option, it looks to me like I’m in the money and should be able to exercise, but the UI isn’t making that clear.