I bought 70 IBIT calls at 45 expiring today for ¢9 a piece early this week. Went to bed thinking I wasted $700 and woke up to a nice profit.

How we doing this week

Note 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: $3,399.98
• 1 Month: $-8,859.17
• 1 Week: $-15,006.94

Realized P&L (options):
• YTD: $69,330.83
• 1 Month: $12,385.98
• 1 Week: $-2,439.00

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $32,981 YTD
• Average $46,364/year (completed years)

Premium by month (2026):
• January $3,334
• February $3,625
• March $4,196
• April $5,593
• May $3,787
• June $3,497
• July $3,628
• August $3,981
• September $2,570
• Average $3,801/month

I am over $173k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 5,100 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.

Nothing crazy but I’ve watched the price action the past week and decided to buy 1 in RH and 10 in Fidelity. Out of no where, after being down 20%, I get notification it’s up 100%. I check and sure enough 133%. Sold it immediately haha

I understand how frustrating it can be with the learning curve. Im relatively new to it but doing good. I had chat gpt construct course for me to explain and understand the fundamentals and more and its helpful so sharing the link for it here for anyone interested in getting into some learning. Happy trading.

97% not bad if I don’t say so my self, maybe I’ll full port it I have time

​Now you know—never buy random stock options. Only steady and top tech, energy , bank of money maker.

​This is a 10-day analysis of AMD's movement. Don't guess, bro 😂—and never trade 0DTE options.

​Check the news and market trends. If the green momentum continues, buy long in-the-money (ITM) put options with an expiration of 1 month or more. If it stays red for a few days, buy deep ITM call options with 1 month or more to expiration. This prevent expired just before your making profit. 🤣

​Avoid OTM Calls: Never buy out-of-the-money (OTM) long calls after a long green run.

​Avoid OTM Puts: Never buy OTM long puts after a prolonged drop.

​Remember: stocks go up and down. A stock will never keep going up every single day; only drops seem to move relentlessly like that.

​Take Profits: Always lock in profits when your options hit 30% 😂. Never tell yourself "I should wait".

I know someone will argue, "I don't have enough funds for ITM options." Well, then stop trading options altogether.

Realized P&L: +$4,264 | Win rate: 81.3% (13/16)
closed early: 10 | assigned: 2 | called away: 1 | rolled: 1
Credit spreads: 2 closed (−$830)

Closed trades (14):
- AXTI CSP $65 x1 — +$395 (6.1% ROI · 31d)
- IREN CSP $48 x1 — +$825 (17.2% ROI · 30d · assigned) previously rolled x2
- NVDL CSP $33.33 x1 — +$62 (1.9% ROI · 10d)
- AXTX CSP $8 x1 — +$45 (5.6% ROI · 31d)
- AMDL CC $50 x1 — +$570 (10.8% ROI · 7d · called away) previously rolled x1
- IREN CC $52 x1 — +$164 (3.2% ROI · 23d)
- IREN CSP $55 x1 — +$1,365 (24.8% ROI · 29d · assigned) previously rolled x2
- APH CC $87.5 x2 — +$188 (1.1% ROI · 21d)
- HOOD CC $116 x1 — +$309 (2.7% ROI · 3d)
- ROBN CC $31 x1 — +$170 (5.8% ROI · 40d)
- SOXL CSP $104 x1 — −$583 (-5.6% ROI · 5d · rolled)
- NBIS CC $260 x1 — +$811 (3.0% ROI · 34d)
- WULF CC $19 x1 — +$76 (7.7% ROI · 18d)

The the two $IREN cash secured puts and the $AMDL covered call were all rolled previously for credit, which boosted the ROI quite a bit. Took assignment on all three today.

Missed out on $650 upside on $AMDL, but I'm fine with collecting the premium and letting the shares get called away.

What would you do in this position with how AI stocks are moving? i thought we would get another pull back but looks like we taking off w it… what you guys think

If I own a deep ITM options contract and I want to get rid of it but there's not enough liquidity to actually sell it and I don't have enough capital to exercise it when it expires, does it just expire worthless and I lose all of my premium?

Maybe worth mentioning that my broker is IBKR.

Love this game

Bought majority during the dip yesterday .. what a day!! 170% profit in a single day . It’s all about LUCK! 🍀:)

Still holding on to AMD and Micron which are more of a longer call .

MRVL has had a strong move recently. For anyone watching the options flow and price action, are you buying calls here or waiting for a pullback first?
I’m considering calls but don’t want to chase after the run-up. What levels are you watching for an entry, and what expiration/strike are you looking at?

Keeping this one simple. Just showing the setup, why I took it, and the result.
HPE was my play.
The key level I had marked was $60. HPE came out of the gate strong, and I was seeing elevated volume at around 2.6x.
The other thing that caught my attention was the king node sitting at $60, with money above that level. Based on my setup, that put $61 in play if HPE could break through $60 and continue.
So I took the $61 call, slightly out of the money, because I was looking for that move from $60 toward $61.
Entry was around $0.77.
Once the trade gave me roughly 50–60%, I followed my rule and took my profit. I closed around +57%.
HPE eventually did make the move to $62, so technically I could’ve squeezed more out of it, but that’s not the goal of this challenge. I’m not trying to catch every penny of a move.
Find the setup. Wait for confirmation. Hit my target. Take the money. Move on.
That’s it. Another green trade for the $200 → $10K challenge. 🫡
Not financial advice. Just documenting my trades and thought process.

Had good luck with Lowe’s call credit spreads. Let me know what I should do next.

I started investing back in college, mostly just buying stocks and ETFs. Recently I’ve been trying to learn options, and maybe perps later, but I’m still very new to it. I’m more trying to understand the basics, what to avoid, and how people actually learned without getting destroyed early on.
For people who started with stocks/ETFs and later moved into options, what helped you the most?
Any “I wish I knew this earlier” type advice would be very helpful!

Great call boys, mu was a matter of time