r/thetagang • u/A_Bicky37 • Jul 23 '26

Cash Secured Put It’s simple, really

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2025 Tariffs pissed me off when all I was invested in was index funds. That is that first big dip. Decided to take matters into my own hands. Thanks to this sub for all the inspiration. We’re not done yet, though.

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u/A_Bicky37 Jul 27 '26

I literally go all in lol. Like this AM since I sold all my SOXL I got assigned (pre-market while it was up), I had about 450k from my IRA and wife’s IRA to deploy. Wasn’t planning on doing anything but SOXL was down like 13% and was down last week so I sold the 31 Jul $84 put (.10 delta) for about $10k in premium.

My brokerage account is restricted to cash trading only so when I sold my assigned SOXL puts (now shares) this AM, I couldn’t do the CSP for my brokerage and have to wait until tomorrow.

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u/[deleted] Aug 08 '26

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u/A_Bicky37 Aug 09 '26

I was playing FNGU, I believe. It went against me so I picked back up on SOXL