1% Weekly Returns from Options Week 31

Just had my second assignment in 31 weeks - LQDA 58 put. This has increased my loss from assignment a bit. Also everything else is very elevated this week making my trades for next week a bit riskier. I'm treating LQDA as an exception because of the lawsuit results. So instead of assignment price calls, I sold 30 calls for next week and will use aggressive calls to exit. Last week's post: https://www.reddit.com/r/thetagang/s/MtQfDxRrUT

If you want to follow me as I trade, I post to r/TheRaceTo10Million before placing trades and comment with trades as I make them. I post here after I make the trades with a full summary

Strategy
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
- If I get assigned, I will sell calls at assignment price.

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold HPE/IREN/NBIS etc. puts across earnings. Also APLD across earnings this week. That's because on earnings weeks the same delta strikes are much further OTM.

Total Returns

Premiums so far $28,391.00
Current drawdown -$1,477.00
Gain/Loss from Assignment -$4,093.00
Total gains $22,821.00
Annualized (Calc1 using average invested) 47.37%
Annualized (Calc2 using max invested) 33.81%

Today's Trades

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
AAOI (91 Strike Roll) BTC 1x Short 91 P, STO 1x Oct 9 102 P $109.52 $10,200.00
AAOI (92 Strike Roll) BTC 1x Short 92 P, STO 1x Oct 9 102 P $114.52 $10,200.00
APLD BTC 2x Short 24 P, STO 2x Oct 9 21.5 P $45.03 $4,300.00
AXTI BTC 2x Short 66 P, STO 1x Oct 9 74 P $74.50 $7,400.00
DRAM BTC 2x Short 57.5 P, STO 2x Oct 9 59.5 P $135.03 $11,900.00
IREN BTC 1x Short 40.5 P, STO 1x Oct 9 40 P $40.52 $4,000.00
LQDA STO 1x Oct 9 30 C $109.53 $5,800.00
NBIS BTC 2x Short 217.5 P, STO 2x Oct 9 227.5 P $505.01 $45,500.00
SLV BTC 1x Short 65.5 C, STO 1x Oct 16 65.5 C $4.73 $6,550.00
TOTAL — $1,138.39 $105,850.00

Screener Output in the morning

Underlying Stock Price Strike Price Bid / Ask Return % Distance OTM % Delta IV Open Interest Volume
APLD $26.66 $22.00 $0.27 / $0.32 1.23% 17.48% -0.117 126.6% 738 225
LQDA $27.71 $23.00 $0.25 / $0.55 1.09% 17.00% -0.138 136.0% 13 10
CIFR $16.33 $14.50 $0.15 / $0.21 1.03% 11.21% -0.157 91.5% 1,074 196
FSLY $26.98 $24.00 $0.25 / $0.35 1.04% 11.05% -0.159 90.8% 69 2
MRNA $188.42 $170.00 $1.75 / $1.98 1.03% 9.78% -0.161 80.1% 878 210
AAOI $113.73 $102.00 $1.05 / $1.50 1.03% 10.31% -0.166 86.8% 144 20
AXTI $83.85 $73.00 $0.85 / $1.75 1.16% 12.94% -0.169 114.7% 46 1
IREN $43.76 $40.00 $0.41 / $0.44 1.03% 8.59% -0.170 72.5% 3,180 338
HUT $91.44 $82.00 $0.85 / $1.60 1.04% 10.32% -0.180 93.0% 186 128
CRDO $228.33 $207.50 $2.20 / $3.10 1.06% 9.12% -0.180 81.2% 141 19
MARA $12.10 $11.00 $0.13 / $0.15 1.18% 9.09% -0.181 80.9% 2,177 535
RIOT $20.71 $19.00 $0.21 / $0.28 1.11% 8.26% -0.190 76.0% 631 70
ALAB $361.37 $330.00 $4.00 / $5.50 1.21% 8.68% -0.196 82.7% 180 14
NVTS $13.15 $12.00 $0.14 / $0.25 1.17% 8.75% -0.203 86.6% 284 38

Historical Weekly Data

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
9/11 Week 28 $102,700.00 $1,017.00 0.99%
9/18 Week 29 $101,150.00 $1,110.00 1.10%
9/25 Week 30 $107,700.00 $1,093.00 1.01% LQDA 58 assigned
10/2 Week 31 $105,850.00 $1,138.00 1.08%
reddit.com
u/Enough-Beginning3687 — 13 days ago
▲ 11 r/WheelStrategyOptions+3 crossposts

1% Weekly Returns from Options Week 31

This week was overall not that great as I got a LQDA 58 put assigned. The normal rule of the strategy is to sell calls at assignment price but the LQDA lawsuit news can't be ignored. So, instead of immediately selling and taking a loss, I sold next week's 30 call. As usual, will post trades as I make them. Today's a busy day. So will come in a trickle. Returns are still excellent in spite of the assignment.

Returns so far

Returns so far $27,253.00
Current drawdown -$184.00
Gain/Loss from Assignment -$3,994.00
Total gains $23,075.00
Annualized (Calc1 using average invested) 50.10%
Annualized (Calc2 using max invested) 35.36%

Strategy

  • Use an AI screener to give me a list of top 20 low delta options for next week
  • I either
  • a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
  • b. Close a current option and pick something else from the list that I like
  • I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
  • If I get assigned, I will sell calls at assignment price (unless news causes me to exit)

AI Prompt

I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across earnings last week. That's because on earnings weeks the same delta strikes are much further OTM.

Results

Underlying Stock Price Strike Price Bid / Ask Return % Distance OTM % Delta IV Open Interest Volume
APLD $26.66 $22.00 $0.27 / $0.32 1.23% 17.48% -0.117 126.6% 738 225
LQDA $27.71 $23.00 $0.25 / $0.55 1.09% 17.00% -0.138 136.0% 13 10
CIFR $16.33 $14.50 $0.15 / $0.21 1.03% 11.21% -0.157 91.5% 1,074 196
FSLY $26.98 $24.00 $0.25 / $0.35 1.04% 11.05% -0.159 90.8% 69 2
MRNA $188.42 $170.00 $1.75 / $1.98 1.03% 9.78% -0.161 80.1% 878 210
AAOI $113.73 $102.00 $1.05 / $1.50 1.03% 10.31% -0.166 86.8% 144 20
AXTI $83.85 $73.00 $0.85 / $1.75 1.16% 12.94% -0.169 114.7% 46 1
IREN $43.76 $40.00 $0.41 / $0.44 1.03% 8.59% -0.170 72.5% 3,180 338
HUT $91.44 $82.00 $0.85 / $1.60 1.04% 10.32% -0.180 93.0% 186 128
CRDO $228.33 $207.50 $2.20 / $3.10 1.06% 9.12% -0.180 81.2% 141 19
MARA $12.10 $11.00 $0.13 / $0.15 1.18% 9.09% -0.181 80.9% 2,177 535
RIOT $20.71 $19.00 $0.21 / $0.28 1.11% 8.26% -0.190 76.0% 631 70
ALAB $361.37 $330.00 $4.00 / $5.50 1.21% 8.68% -0.196 82.7% 180 14
NVTS $13.15 $12.00 $0.14 / $0.25 1.17% 8.75% -0.203 86.6% 284 38

Historical Performance:

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
9/11 Week 28 $102,700.00 $1,017.00 0.99%
9/18 Week 29 $101,150.00 $1,110.00 1.10%
9/25 Week 30 $107,700.00 $1,093.00 1.01% LQDA 58 assigned
reddit.com
u/Enough-Beginning3687 — 13 days ago
▲ 34 r/JourneyTo10Million+2 crossposts

1% Weekly Returns from Options Week 30

Now I'm 30 weeks in to this experiment. Thank you all for the support! This week everything recovered. Even RKLB isn't underwater anymore. As usual I will post trade screenshots in comments as I make them. Today is also a busy day - seems like my Fridays are getting busy in the mornings. I might have to trade in multiple chunks and rerun the screener as I trade. Last week's post -https://www.reddit.com/r/TheRaceTo10Million/s/4QnkxSRcF6

Returns so far

Total Premium $26,160.00
Current drawdown -$98.00
Gain/Loss from Assignment -$759.00
Total gains $26,062.00
Annualized (Calc1 using average invested) 59.21%
Annualized (Calc2 using max invested) 41.37%

Strategy

  • Use an AI screener to give me a list of top 20 low delta options for next week
  • I either
  • a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
  • b. Close a current option and pick something else from the list that I like
  • I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
  • If I get assigned, I will sell calls at assignment price

AI Prompt

I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across earnings last week. That's because on earnings weeks the same delta strikes are much further OTM.

Results

Underlying Stock Price Strike Bid / Ask Delta OTM Distance Return (Bid) IV Open Interest
AXTI $76.44 $65.00 $0.65 / $0.90 -0.13 14.97% 1.00% 109.5% 761
LQDA $70.65 $60.00 $0.60 / $1.10 -0.14 15.07% 1.00% 116.7% 362
MU $1,105.05 $995.00 $10.25 / $10.50 -0.16 9.96% 1.03% 79.5% 230
BE $274.78 $247.50 $2.71 / $2.88 -0.16 9.93% 1.09% 81.6% 165
SMCI $42.75 $39.00 $0.39 / $0.41 -0.17 8.77% 1.00% 72.9% 1,111
MARA $12.66 $11.50 $0.12 / $0.14 -0.17 9.16% 1.04% 77.7% 2,119
SNDK $1,803.82 $1,645.00 $17.00 / $18.80 -0.17 8.80% 1.03% 74.6% 157
IREN $44.96 $41.00 $0.43 / $0.47 -0.17 8.81% 1.05% 74.8% 1,083
ALAB $366.62 $330.00 $3.35 / $5.15 -0.17 9.99% 1.02% 86.1% 483
ARM $320.49 $292.50 $2.96 / $3.45 -0.17 8.73% 1.01% 74.4% 65
TEM $81.06 $73.00 $0.79 / $1.17 -0.18 9.94% 1.08% 87.3% 41
NBIS $242.33 $220.00 $2.59 / $2.80 -0.18 9.21% 1.18% 80.3% 2,762
CRWV $89.36 $82.00 $0.86 / $0.94 -0.18 8.24% 1.05% 71.9% 1,329
CIFR $18.54 $16.50 $0.24 / $0.30 -0.18 11.00% 1.45% 100.4% 1,915
CRCL $90.74 $83.00 $0.88 / $1.08 -0.18 8.53% 1.06% 75.5% 264
AAOI $101.39 $92.00 $1.00 / $1.45 -0.18 9.26% 1.09% 83.2% 391
NKE $35.47 $32.50 $0.35 / $0.41 -0.18 8.37% 1.08% 74.4% 585
RIOT $23.04 $21.00 $0.21 / $0.34 -0.18 8.85% 1.00% 80.0% 942
BMNR $27.85 $25.50 $0.28 / $0.35 -0.18 8.44% 1.10% 75.9% 230
SMMT $16.20 $13.00 $0.45 / $1.00 -0.20 19.75% 3.46% 239.0% 337

Historical Returns

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
9/11 Week 28 $102,700.00 $1,017.00 0.99%
9/18 Week 29 $101,150.00 $1,110.00 1.10%
reddit.com
u/Enough-Beginning3687 — 20 days ago
▲ 48 r/JourneyTo10Million+4 crossposts

1% Weekly Returns from Options Week 29

Now I'm more than half way into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week also only my RKLB is underwater. But much less than last week. As usual I will post trade screenshots in comments as I make them. Today is again a busy day so I might have to trade in multiple chunks and rerun the screener as I trade. Last week's post - https://www.reddit.com/r/TheRaceTo10Million/s/LkvexWGQA6

Returns so far

Total Premium $25,050.00
Current drawdown -$529.00
Gain/Loss from Assignment -$567.00
Total gains $24,521.00
Annualized (Calc1 using average invested) 58.44%
Annualized (Calc2 using max invested) 40.36%

Strategy

  • Use an AI screener to give me a list of top 20 low delta options for next week
  • I either
  • a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
  • b. Close a current option and pick something else from the list that I like
  • I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
  • If I get assigned, I will sell calls at assignment price

AI Prompt

I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across earnings last week. That's because on earnings weeks the same delta strikes are much further OTM.

Results

Underlying Company Stock Price Strike Bid / Ask OTM Dist (%) Delta Return (%) IV
AXTI Axt Inc $69.94 $60.00 $0.60 / $0.75 14.21% -0.126 1.00% 103.6%
NBIS Nebius Group N.V. $215.52 $195.00 $1.95 / $2.00 9.52% -0.157 1.00% 76.3%
WULF Terawulf Inc $16.66 $15.00 $0.17 / $0.20 9.96% -0.166 1.13% 83.8%
RIOT Riot Platforms Inc $22.72 $20.50 $0.22 / $0.28 9.77% -0.170 1.07% 83.3%
CLSK Cleanspark Inc $13.81 $12.50 $0.14 / $0.17 9.49% -0.171 1.12% 81.2%
MRNA Moderna Inc $156.38 $142.00 $1.57 / $1.74 9.20% -0.172 1.11% 78.7%
IREN Iris Energy Ltd $44.57 $40.50 $0.47 / $0.52 9.13% -0.176 1.16% 79.5%
AAOI Applied Optoelectronics $101.50 $92.00 $1.00 / $1.30 9.36% -0.176 1.09% 81.8%
MSTR MicroStrategy Inc $143.88 $132.00 $1.37 / $1.48 8.26% -0.177 1.04% 71.4%
HUT Hut 8 Mining Corp $93.13 $83.00 $1.00 / $1.64 10.88% -0.180 1.20% 98.6%
FSLY Fastly Inc $23.78 $21.00 $0.25 / $0.50 11.69% -0.180 1.19% 107.2%
CRCL Circle Internet Group $90.41 $83.00 $0.90 / $1.00 8.20% -0.183 1.08% 72.8%
LITE Lumentum Holdings $921.33 $845.00 $9.00 / $10.70 8.28% -0.183 1.07% 73.8%
BE Bloom Energy Corp $273.16 $250.00 $2.97 / $3.50 8.48% -0.189 1.19% 78.0%
ASST Asset Entities Inc $29.92 $27.50 $0.33 / $0.42 8.09% -0.198 1.20% 77.2%
COHR Coherent Corp $310.20 $285.00 $3.60 / $4.20 8.12% -0.199 1.26% 77.9%
CIFR Cipher Mining Inc $17.74 $16.00 $0.28 / $0.30 9.81% -0.202 1.75% 97.8%
LQDA Liquidia Corp $67.78 $62.00 $0.80 / $1.20 8.53% -0.207 1.29% 85.9%
FCEL FuelCell Energy Inc $17.67 $16.00 $0.25 / $0.35 9.45% -0.209 1.56% 97.1%
VKTX Viking Therapeutics $29.15 $25.00 $0.56 / $1.18 14.24% -0.211 2.24% 161.2%

Historical Returns

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
9/11 Week 28 $102,700.00 $1,017.00 0.99%
reddit.com
u/Enough-Beginning3687 — 27 days ago

1% Weekly Returns from Options Week 28

Now I'm more than 6 months into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week only my RKLB puts were ITM but otherwise everything went to 0. Last week's post: https://www.reddit.com/r/Optionswheel/comments/1w771ve/1_weekly_returns_from_options_week_27/

If you want to follow me as I trade, I post to r/TheRaceTo10Million before placing trades and comment with trades as I make them. I post here after I make the trades with a full summary

Strategy
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
- If I get assigned, I will sell calls at assignment price

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across a couple of weeks ago. That's because on earnings weeks the same delta strikes are much further OTM.

A lot of people also ask why I do weeklies. I'll post an analysis of that in the next week comparing weeklies vs. monthlies.

Total Returns

Total Premium $25,050.00
Current drawdown -$1,977.00
Gain/Loss from Assignment -$725.00
Total gains $23,073.00
Annualized (Calc1 using average invested) 54.99%
Annualized (Calc2 using max invested) 37.98%

Today's Trades

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
AAOI BTC 1x Short 100 P & 1x Short 95 P, STO 1x Sep 18 95 P $101.51 $9,500.00
AXTI BTC 1x Short 52 P, STO 1x Sep 18 55 P & 1x Sep 18 58 P $136.05 $11,300.00
DRAM BTC 2x Short 55.5 P, STO 2x Sep 18 55.5 P $119.03 $11,100.00
IREN BTC 1x Short 38.5 P, STO 1x Sep 18 39.5 P $43.52 $3,950.00
NBIS BTC 2x Short 192.5 P, STO 2x Sep 18 202.5 P $405.03 $40,500.00
RKLB BTC 3x Short 67 P, STO 3x Sep 18 66 P $198.15 $19,800.00
SLV BTC 1x Short 66 C, STO 1x Sep 18 65.5 C $14.52 $6,550.00
TOTAL — $1,017.81 $102,700.00

Screener Output in the morning

Ticker Stock Price Strike Bid Ask Delta Return % OTM Cushion Implied Vol Open Interest Volume
CIFR $16.37 $14.00 $0.15 $0.23 -0.1373 1.07% 14.48% 111.8% 8,676 1,244
MARA $11.96 $10.50 $0.11 $0.13 -0.1423 1.05% 12.21% 94.1% 4,849 16
BE $272.55 $242.50 $2.52 $2.63 -0.1464 1.04% 11.03% 85.5% 69 6
NBIS $229.23 $205.00 $2.15 $2.22 -0.1508 1.05% 10.57% 83.3% 1,264 9
AAOI $106.75 $95.00 $0.95 $1.50 -0.1612 1.00% 11.01% 91.5% 1,459 2
IREN $43.90 $39.50 $0.43 $0.50 -0.1630 1.09% 10.02% 83.0% 499 4
MSTR $131.41 $120.00 $1.20 $1.32 -0.1694 1.00% 8.68% 73.0% 8,360 178
CRCL $91.60 $83.00 $0.96 $1.15 -0.1766 1.16% 9.39% 82.3% 182 10
SNDK $1,664.13 $1,530.00 $15.90 $16.70 -0.1782 1.04% 8.06% 70.1% 253 12
USAR $15.87 $14.50 $0.15 $0.20 -0.1789 1.03% 8.63% 75.8% 134 10
BMNR $24.66 $22.50 $0.25 $0.30 -0.1794 1.11% 8.76% 77.2% 1,801 2
RIOT $21.55 $19.50 $0.22 $0.31 -0.1795 1.13% 9.51% 84.7% 755 6
ASTS $60.06 $55.00 $0.57 $0.70 -0.1796 1.04% 8.42% 74.0% 5,823 19
CRWV $90.04 $82.00 $0.98 $1.06 -0.1804 1.20% 8.93% 79.2% 381 57
LITE $959.73 $880.00 $9.60 $10.40 -0.1805 1.09% 8.31% 73.2% 340 6
AXTI $66.84 $59.00 $0.75 $1.50 -0.1855 1.27% 11.73% 110.8% 58 45
WULF $16.49 $15.00 $0.18 $0.25 -0.1892 1.20% 9.04% 83.8% 38,994 2
CLSK $13.19 $12.00 $0.14 $0.22 -0.1952 1.17% 9.02% 86.1% 4,955 1
ASST $27.29 $25.00 $0.30 $0.41 -0.1971 1.20% 8.39% 80.1% 989 43
ALAB $291.86 $267.50 $3.00 $4.75 -0.2005 1.12% 8.35% 81.0% 26 15

Historical Weekly Data

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
9/11 Week 28 $102,700.00 $1,017.00 0.99%
reddit.com
u/Enough-Beginning3687 — 1 month ago
▲ 53 r/JourneyTo10Million+4 crossposts

1% Weekly Returns from Options Week 28

Now I'm more than half way into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week only my RKLB is underwater. Everything else is ok. As usual I will post trade screenshots in comments as I make them. Today is again a busy day so I might have to trade in two chunks. Last week's post - https://www.reddit.com/r/thetagang/comments/1w771xk/1_weekly_returns_from_options_week_27/

Strategy

  • Use an AI screener to give me a list of top 20 low delta options for next week
  • I either
  • a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
  • b. Close a current option and pick something else from the list that I like
  • I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
  • If I get assigned, I will sell calls at assignment price

Returns so far

Total Premium $24,033.00
Current drawdown -$1,397.00
Gain/Loss from Assignment -$685.00
Total gains $22,636.00
Annualized (Calc1 using average invested) 56.51%
Annualized (Calc2 using max invested) 38.69%

AI Prompt

I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across earnings last week. That's because on earnings weeks the same delta strikes are much further OTM.

Todays Screener Output

Ticker Stock Price Strike Bid Ask Delta Return % OTM Cushion Implied Vol Open Interest Volume
CIFR $16.37 $14.00 $0.15 $0.23 -0.1373 1.07% 14.48% 111.8% 8,676 1,244
MARA $11.96 $10.50 $0.11 $0.13 -0.1423 1.05% 12.21% 94.1% 4,849 16
BE $272.55 $242.50 $2.52 $2.63 -0.1464 1.04% 11.03% 85.5% 69 6
NBIS $229.23 $205.00 $2.15 $2.22 -0.1508 1.05% 10.57% 83.3% 1,264 9
AAOI $106.75 $95.00 $0.95 $1.50 -0.1612 1.00% 11.01% 91.5% 1,459 2
IREN $43.90 $39.50 $0.43 $0.50 -0.1630 1.09% 10.02% 83.0% 499 4
MSTR $131.41 $120.00 $1.20 $1.32 -0.1694 1.00% 8.68% 73.0% 8,360 178
CRCL $91.60 $83.00 $0.96 $1.15 -0.1766 1.16% 9.39% 82.3% 182 10
SNDK $1,664.13 $1,530.00 $15.90 $16.70 -0.1782 1.04% 8.06% 70.1% 253 12
USAR $15.87 $14.50 $0.15 $0.20 -0.1789 1.03% 8.63% 75.8% 134 10
BMNR $24.66 $22.50 $0.25 $0.30 -0.1794 1.11% 8.76% 77.2% 1,801 2
RIOT $21.55 $19.50 $0.22 $0.31 -0.1795 1.13% 9.51% 84.7% 755 6
ASTS $60.06 $55.00 $0.57 $0.70 -0.1796 1.04% 8.42% 74.0% 5,823 19
CRWV $90.04 $82.00 $0.98 $1.06 -0.1804 1.20% 8.93% 79.2% 381 57
LITE $959.73 $880.00 $9.60 $10.40 -0.1805 1.09% 8.31% 73.2% 340 6
AXTI $66.84 $59.00 $0.75 $1.50 -0.1855 1.27% 11.73% 110.8% 58 45
WULF $16.49 $15.00 $0.18 $0.25 -0.1892 1.20% 9.04% 83.8% 38,994 2
CLSK $13.19 $12.00 $0.14 $0.22 -0.1952 1.17% 9.02% 86.1% 4,955 1
ASST $27.29 $25.00 $0.30 $0.41 -0.1971 1.20% 8.39% 80.1% 989 43
ALAB $291.86 $267.50 $3.00 $4.75 -0.2005 1.12% 8.35% 81.0% 26 15

Historical Returns

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
reddit.com
u/Enough-Beginning3687 — 1 month ago

1% Weekly Returns from Options Week 27

Now I'm more than 6 months into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week my RKLB and AAOI puts were ITM but otherwise ok so I had to roll and take less than 1% this week. My overall returns thus far have been a lot better than I expected. Last week's post: https://www.reddit.com/r/thetagang/comments/1w1k96c/1_weekly_returns_from_options_week_26/

Strategy
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
- If I get assigned, I will sell calls at assignment price

Total Returns

Total Premium $24,033.00
Current drawdown -$2,186.00
Gain/Loss from Assignment -$587.00
Total gains $21,847.00
Annualized (Calc1 using average invested) 54.54%
Annualized (Calc2 using max invested) 37.35%

Today's Trades

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
AAOI BTC 1x Short 104 P, STO 1x Sep 11 100 P & 1x Sep 11 95 P $234.06 $19,500.00
APLD BTC 2x Short 24.5 P -$2.03 $0.00
AXTI BTC 1x Short 55 P, STO 1x Sep 11 52 P $53.52 $5,200.00
DRAM BTC 2x Short 53.5 P, STO 2x Sep 11 55.5 P $119.03 $11,100.00
HPE BTC 1x Short 46 P -$1.01 $0.00
IREN BTC 1x Short 34 P, STO 1x Sep 11 38.5 P $40.52 $3,850.00
NBIS BTC 2x Short 192.5 P, STO 2x Sep 11 192.5 P $385.03 $38,500.00
RKLB BTC 3x Short 68 P, STO 3x Sep 11 67 P $57.16 $20,100.00
SLV BTC 1x Short 66 C, STO 1x Sep 11 66 C $11.52 $6,550.00
TOTAL — $897.80 $104,800.00

Screener Output in the morning

Underlying Stock Price Strike Expiration Distance OTM Bid / Ask Premium Return Delta Implied Vol
AEO $17.01 $14.00 2026-09-11 17.70% $0.19 / $0.25 1.36% -0.127 135.0%
ORCL $157.61 $137.00 2026-09-11 13.08% $1.41 / $1.51 1.03% -0.131 96.2%
BE $243.05 $212.50 2026-09-11 12.57% $2.41 / $2.53 1.13% -0.140 96.4%
ALAB $317.91 $282.50 2026-09-11 11.14% $3.00 / $3.90 1.06% -0.156 90.5%
NN $15.49 $12.50 2026-09-11 19.30% $0.15 / $0.60 1.20% -0.162 179.9%
SLS $13.94 $12.00 2026-09-11 13.92% $0.15 / $0.30 1.25% -0.164 121.6%
IREN $42.29 $38.50 2026-09-11 8.96% $0.42 / $0.45 1.09% -0.171 76.3%
ADBE $265.95 $242.50 2026-09-11 8.82% $2.47 / $2.99 1.02% -0.174 75.7%
AXTI $59.21 $52.00 2026-09-11 12.18% $0.60 / $1.20 1.15% -0.174 109.2%
ASST $26.02 $23.50 2026-09-11 9.68% $0.24 / $0.36 1.02% -0.174 84.2%
MSTR $140.64 $129.00 2026-09-11 8.28% $1.32 / $1.45 1.02% -0.176 71.3%
CIFR $17.82 $16.00 2026-09-11 10.21% $0.21 / $0.26 1.31% -0.178 91.3%
WULF $16.41 $15.00 2026-09-11 8.59% $0.17 / $0.21 1.13% -0.186 78.1%
HUT $89.25 $80.00 2026-09-11 10.36% $0.86 / $1.78 1.08% -0.188 97.1%
CRCL $97.91 $90.00 2026-09-11 8.08% $1.02 / $1.19 1.13% -0.190 74.1%
NBIS $215.40 $197.50 2026-09-11 8.31% $2.37 / $2.67 1.20% -0.190 76.7%
AAOI $104.38 $95.00 2026-09-11 8.99% $1.15 / $1.55 1.21% -0.191 83.9%
GLXY $26.21 $24.00 2026-09-11 8.43% $0.25 / $0.40 1.04% -0.192 78.7%
RIOT $21.28 $19.50 2026-09-11 8.36% $0.23 / $0.31 1.18% -0.196 79.5%
MSTX $16.31 $14.00 2026-09-11 14.16% $0.34 / $0.48 2.43% -0.198 148.7%

Historical Weekly Data

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
9/4 Week 27 $104,800.00 $897.00 0.86%
reddit.com
u/Enough-Beginning3687 — 1 month ago
▲ 30 r/JourneyTo10Million+10 crossposts

1% Weekly Returns from Options Week 27

Now I'm more than half way into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week my RKLB and AAOI puts are ITM so will roll them and just like last week the total might be slightly under 1%. However, my overall returns thus far have been a lot better than I expected. As usual I will post trade screenshot in comments as I make them. Today is a busy day so I might have to trade in two chunks. Last week's post - https://www.reddit.com/r/TheRaceTo10Million/comments/1w0s9r5/1_weekly_returns_from_options_week_26/

Strategy
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
- If I get assigned, I will sell calls at assignment price

Returns So Far

Total Premium $23,136.00
Current drawdown -$1,947.00
Gain/Loss from Assignment -$628.00
Total gains $21,189.00
Annualized (Calc1 using average invested) 55.24%
Annualized (Calc2 using max invested) 37.67%

AI Prompt
I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across earnings last week. That's because on earnings weeks the same delta strikes are much further OTM.

Current Prompt Results

Underlying Strike Stock Price Distance OTM Bid / Ask Return Delta Implied Vol Open Interest
BE $210.00 $241.70 13.12% $2.13 / $2.29 1.01% -0.129 96.0% 865
ORCL $139.00 $159.05 12.61% $1.54 / $1.76 1.11% -0.142 97.3% 1,707
AEO $14.00 $16.71 16.22% $0.19 / $0.30 1.36% -0.142 130.9% 525
PL $16.00 $18.14 11.80% $0.20 / $0.25 1.25% -0.160 98.3% 664
MSTR $128.00 $140.22 8.71% $1.30 / $1.41 1.02% -0.169 73.3% 907
ALAB $270.00 $300.32 10.10% $2.99 / $4.00 1.11% -0.171 86.8% 86
CRCL $89.00 $97.81 9.01% $0.90 / $1.12 1.01% -0.172 76.9% 349
AXTI $51.00 $58.26 12.46% $0.55 / $1.35 1.08% -0.177 114.1% 82
ADBE $245.00 $267.50 8.41% $2.55 / $3.50 1.04% -0.186 76.1% 352
NBIS $195.00 $212.97 8.44% $2.30 / $2.61 1.18% -0.187 76.6% 731
MRNA $140.00 $152.34 8.10% $1.47 / $2.15 1.05% -0.194 75.9% 434
IREN $38.50 $41.90 8.11% $0.46 / $0.57 1.19% -0.196 76.7% 170
MSTX $14.00 $16.20 13.58% $0.22 / $0.55 1.57% -0.197 140.2% 61
HUT $80.00 $88.81 9.92% $1.06 / $1.85 1.33% -0.201 98.5% 277
AAOI $94.00 $102.99 8.73% $1.15 / $1.75 1.22% -0.201 85.4% 22
CIFR $16.00 $17.57 8.94% $0.25 / $0.32 1.56% -0.209 91.3% 1,972
BTDR $10.50 $11.72 10.41% $0.15 / $0.35 1.43% -0.218 114.0% 89
ASST $23.50 $25.89 9.23% $0.25 / $0.73 1.06% -0.221 100.6% 122

Historical Performance Since I Started Tracking

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
reddit.com
u/Enough-Beginning3687 — 1 month ago

1M -> 10M is much harder than getting to 1M

Does anyone else feel 1M->10M is a lot harder than the 10K->100K and 100K->1M? I feel getting to 1M is just mostly saving money. 1M to 10M feels like a harder journey of growing without the input changing too much. I feel I've reached a point where my income growth is going to plateau so my contributions to net worth wont change much. So a majority of the 1 - 10M needs to come from investment growth and a market cycle can easily get me under the 1M again.

So what are you all doing differently in this stage than you did before?

reddit.com
u/Enough-Beginning3687 — 1 month ago

1% Weekly Returns from Options Week 26

I was at a work thing yesterday and didnt get a chance to post this. I did make my pre-trade post here - https://www.reddit.com/r/TheRaceTo10Million/s/r4cQTmh9NL. I was trading in between breaks so was mostly just rolling. Also by the end of the day things had fallen so have a higher drawdown right now. Last week's post - https://www.reddit.com/r/Optionswheel/comments/1vujntm/1_weekly_returns_from_options_week_25/

Strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Trades made yesterday:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
AXTI BTC 1x Short 60 P, STO 1x Sep 4 55 P $57.52 $5,500.00
AAOI BTC 1x Short 110 P, STO 1x Sep 4 104 P $119.06 $10,400.00
SLV BTC 1x Short 66 C, STO 1x Sep 4 66 C $49.52 $6,550.00
APLD BTC 1x Short 26 P, STO 1x Sep 4 24.5 P $26.52 $2,450.00
NBIS BTC 2x Short 205 P, STO 2x Sep 4 192.5 P $431.01 $38,500.00
RKLB BTC 3x Short 69 P, STO 3x Sep 4 68 P $96.15 $20,400.00
IREN BTC 1x Short 35.5 P, STO 1x Sep 4 34 P $34.52 $3,400.00
DRAM BTC 1x Short 53 P, STO 2x Sep 4 53.5 P $112.52 $10,700.00
HPE STO 1x Sep 4 46 P $52.00 $4,600.00
TOTAL — $978.82 $102,500.00

Returns so far

Total Premium $23,136.00
Current drawdown -$2,735.00
Gain/Loss from Assignment -$550.00
Total gains $20,401.00
Annualized (Calc1 using average invested) 53.19%
Annualized (Calc2 using max invested) 36.27%

Historical Performance

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 26

I was at a work thing yesterday and didnt get a chance to post this. I did make my pre-trade post here - https://www.reddit.com/r/TheRaceTo10Million/s/r4cQTmh9NL. I was trading in between breaks so was mostly just rolling. Also by the end of the day things had fallen so have a higher drawdown right now. Last week's post - https://www.reddit.com/r/thetagang/comments/1vujnlv/1\_weekly\_returns\_from\_options\_week\_25/

Strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Trades made yesterday:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
AXTI BTC 1x Short 60 P, STO 1x Sep 4 55 P $57.52 $5,500.00
AAOI BTC 1x Short 110 P, STO 1x Sep 4 104 P $119.06 $10,400.00
SLV BTC 1x Short 66 C, STO 1x Sep 4 66 C $49.52 $6,550.00
APLD BTC 1x Short 26 P, STO 1x Sep 4 24.5 P $26.52 $2,450.00
NBIS BTC 2x Short 205 P, STO 2x Sep 4 192.5 P $431.01 $38,500.00
RKLB BTC 3x Short 69 P, STO 3x Sep 4 68 P $96.15 $20,400.00
IREN BTC 1x Short 35.5 P, STO 1x Sep 4 34 P $34.52 $3,400.00
DRAM BTC 1x Short 53 P, STO 2x Sep 4 53.5 P $112.52 $10,700.00
HPE STO 1x Sep 4 46 P $52.00 $4,600.00
TOTAL — $978.82 $102,500.00

Returns so far

Total Premium $23,136.00
Current drawdown -$2,735.00
Gain/Loss from Assignment -$550.00
Total gains $20,401.00
Annualized (Calc1 using average invested) 53.19%
Annualized (Calc2 using max invested) 36.27%

Historical Performance

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
8/28 Week 26 $102,500.00 $978.00 0.95%
reddit.com
u/Enough-Beginning3687 — 2 months ago
▲ 33 r/JourneyTo10Million+12 crossposts

1% Weekly Returns from Options Week 26

I've been posting for the last 25 weeks straight about using CSPs to achieve 1% weekly returns from selling options on about $100,000 in cash. I think only RKLB is ITM right now. I'm at a conference today so can't post all the usual return details I do right now. I will post them on the weekend once I return home. I will try to post my trades as I make them in comments during breaks.

Strategy:
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

AI Prompt:
I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

Current Prompt Results

Underlying Strike Stock Price Distance OTM Bid / Ask Premium Yield Delta IV OI / Vol
MDB $350.00 $443.58 21.10% $3.90 / $5.20 1.11% -0.099 144.8% 595 / 49
SNOW $275.00 $329.06 16.43% $3.00 / $3.40 1.09% -0.115 116.3% 240 / 8
ZS $152.50 $183.15 16.73% $1.75 / $2.31 1.15% -0.122 123.0% 84 / 14
DELL $402.50 $469.11 14.20% $4.20 / $4.45 1.04% -0.123 102.2% 89 / 14
CRDO $197.50 $236.59 16.52% $2.25 / $3.10 1.14% -0.124 122.5% 16 / 9
HPE $46.00 $53.18 13.50% $0.51 / $0.60 1.11% -0.136 102.3% 845 / 17
AMBA $57.00 $69.57 18.07% $0.60 / $1.85 1.05% -0.146 152.5% 0 / 46
MARA $10.00 $11.13 10.15% $0.10 / $0.11 1.00% -0.149 79.1% 6,497 / 435
PATH $15.50 $18.20 14.84% $0.23 / $0.30 1.48% -0.150 122.5% 358 / 3
USAR $16.50 $18.50 10.81% $0.17 / $0.21 1.03% -0.155 87.0% 314 / 17
BE $195.00 $218.74 10.85% $2.20 / $2.34 1.13% -0.155 87.5% 608 / 121
PL $17.00 $20.74 18.03% $0.25 / $0.60 1.47% -0.157 160.7% 192 / 2
ASST $20.00 $23.01 13.08% $0.26 / $0.37 1.30% -0.158 109.5% 1,322 / 1,744
LITE $845.00 $931.85 9.32% $8.50 / $9.10 1.01% -0.162 76.1% 213 / 3
NBIS $190.00 $211.11 10.00% $2.09 / $2.31 1.10% -0.163 82.8% 1,567 / 392
AAOI $98.00 $109.83 10.77% $1.05 / $1.50 1.07% -0.164 90.5% 65 / 14
GLXY $22.00 $24.43 9.95% $0.23 / $0.29 1.05% -0.165 83.0% 809 / 3
IREN $33.50 $36.92 9.26% $0.35 / $0.40 1.04% -0.167 77.4% 132 / 155
SNDK $1,380.00 $1,505.05 8.31% $14.20 / $14.80 1.03% -0.174 70.9% 54 / 38
HUT $75.00 $84.21 10.94% $0.86 / $1.39 1.15% -0.174 96.5% 118 / 6
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 25

This week RKLB and NBIS were slightly ITM. Everything else was in good shape to close or roll. Last week's post: https://www.reddit.com/r/Optionswheel/comments/1vne1k9/1_weekly_returns_from_options_week_24/

First, the strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Results:

Total Premium $22,158.00
Current drawdown -$1,948.00
Gain/Loss from Assignment -$266.00
Total gains $20,210.00
Annualized (Calc1 using average invested) 55.33%
Annualized (Calc2 using max invested) 37.43%

This morning's screener output:

Underlying Stock Price Strike Distance OTM Delta Bid / Ask Return (Bid/Strike) IV Open Interest
IREN $41.22 $33.00 19.94% -0.096 $0.33 / $0.41 1.00% 132.9% 997
MRNA $152.48 $120.00 21.30% -0.097 $1.40 / $1.65 1.17% 144.7% 1,066
MRVL $236.35 $200.00 15.38% -0.117 $2.09 / $2.27 1.05% 108.7% 2,523
ASST $17.85 $15.00 15.97% -0.124 $0.17 / $0.22 1.13% 117.3% 88
AXTI $69.84 $58.00 16.95% -0.127 $0.65 / $1.05 1.12% 128.1% 144
NBIS $221.67 $192.50 13.16% -0.129 $1.97 / $2.10 1.02% 96.3% 152
OKTA $135.01 $113.00 16.30% -0.130 $1.23 / $2.03 1.09% 124.0% 3
AFRM $75.66 $65.00 14.09% -0.133 $0.70 / $0.88 1.08% 105.8% 164
AAOI $123.78 $106.00 14.36% -0.134 $1.10 / $1.60 1.04% 108.9% 39
UMAC $27.00 $23.00 14.81% -0.137 $0.25 / $0.40 1.09% 114.5% 68
CIFR $15.62 $13.50 13.57% -0.147 $0.18 / $0.20 1.33% 108.6% 134
KSS $17.63 $15.00 14.92% -0.149 $0.20 / $0.30 1.33% 122.7% 442
LUNR $18.28 $16.00 12.47% -0.150 $0.18 / $0.25 1.13% 100.2% 269
S $20.86 $18.00 13.71% -0.150 $0.20 / $0.35 1.11% 111.8% 43
CRWD $190.40 $170.00 10.71% -0.151 $1.70 / $2.00 1.00% 84.7% 792
CRCL $88.95 $79.00 11.19% -0.152 $0.85 / $1.00 1.08% 89.3% 315
SNDK $1,593.61 $1,425.00 10.58% -0.152 $14.90 / $16.10 1.05% 84.0% 67
MSTR $119.95 $107.00 10.80% -0.153 $1.13 / $1.27 1.06% 86.0% 4,337
CLSK $11.85 $10.50 11.39% -0.155 $0.12 / $0.14 1.14% 92.2% 956
SLS $14.20 $12.00 15.49% -0.161 $0.15 / $0.35 1.25% 136.4% 354

Today's Trades:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
SLV BTC 1x Short 66 C, STO 1x Aug 28 66 C $61.52 $6,550.00
SKHY BTC 1x Short 144 P -$3.01 $0.00
RKLB BTC 2x Short 74 P, STO 3x Aug 28 69 P $152.65 $20,700.00
NBIS BTC 1x Short 225 P, STO 2x Aug 28 205 P $441.57 $41,000.00
IREN BTC 1x Short 41 P, STO 1x Aug 28 35.5 P $36.52 $3,550.00
DRAM BTC 2x Short 51 P, STO 1x Aug 28 53 P $52.97 $5,300.00
AXTI BTC 1x Short 62 P, STO 1x Aug 28 60 P $74.52 $6,000.00
APLD BTC 2x Short 27.5 P, STO 2x Aug 28 26 P $63.05 $5,200.00
AAOI BTC 1x Short 116 P, STO 1x Aug 28 110 P $117.52 $11,000.00
TOTAL — $997.31 $99,300.00

Historical Performance:

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 25

This week RKLB and NBIS were slightly ITM. Everything else was in good shape to close or roll. Last week's post: https://www.reddit.com/r/thetagang/comments/1vne1h0/1_weekly_returns_from_options_week_24/

First, the strategy:
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Results:

Total Premium $22,158.00
Current drawdown -$1,948.00
Gain/Loss from Assignment -$266.00
Total gains $20,210.00
Annualized (Calc1 using average invested) 55.33%
Annualized (Calc2 using max invested) 37.43%

This morning's screener output:

Underlying Stock Price Strike Distance OTM Delta Bid / Ask Return (Bid/Strike) IV Open Interest
IREN $41.22 $33.00 19.94% -0.096 $0.33 / $0.41 1.00% 132.9% 997
MRNA $152.48 $120.00 21.30% -0.097 $1.40 / $1.65 1.17% 144.7% 1,066
MRVL $236.35 $200.00 15.38% -0.117 $2.09 / $2.27 1.05% 108.7% 2,523
ASST $17.85 $15.00 15.97% -0.124 $0.17 / $0.22 1.13% 117.3% 88
AXTI $69.84 $58.00 16.95% -0.127 $0.65 / $1.05 1.12% 128.1% 144
NBIS $221.67 $192.50 13.16% -0.129 $1.97 / $2.10 1.02% 96.3% 152
OKTA $135.01 $113.00 16.30% -0.130 $1.23 / $2.03 1.09% 124.0% 3
AFRM $75.66 $65.00 14.09% -0.133 $0.70 / $0.88 1.08% 105.8% 164
AAOI $123.78 $106.00 14.36% -0.134 $1.10 / $1.60 1.04% 108.9% 39
UMAC $27.00 $23.00 14.81% -0.137 $0.25 / $0.40 1.09% 114.5% 68
CIFR $15.62 $13.50 13.57% -0.147 $0.18 / $0.20 1.33% 108.6% 134
KSS $17.63 $15.00 14.92% -0.149 $0.20 / $0.30 1.33% 122.7% 442
LUNR $18.28 $16.00 12.47% -0.150 $0.18 / $0.25 1.13% 100.2% 269
S $20.86 $18.00 13.71% -0.150 $0.20 / $0.35 1.11% 111.8% 43
CRWD $190.40 $170.00 10.71% -0.151 $1.70 / $2.00 1.00% 84.7% 792
CRCL $88.95 $79.00 11.19% -0.152 $0.85 / $1.00 1.08% 89.3% 315
SNDK $1,593.61 $1,425.00 10.58% -0.152 $14.90 / $16.10 1.05% 84.0% 67
MSTR $119.95 $107.00 10.80% -0.153 $1.13 / $1.27 1.06% 86.0% 4,337
CLSK $11.85 $10.50 11.39% -0.155 $0.12 / $0.14 1.14% 92.2% 956
SLS $14.20 $12.00 15.49% -0.161 $0.15 / $0.35 1.25% 136.4% 354

Today's Trades:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
SLV BTC 1x Short 66 C, STO 1x Aug 28 66 C $61.52 $6,550.00
SKHY BTC 1x Short 144 P -$3.01 $0.00
RKLB BTC 2x Short 74 P, STO 3x Aug 28 69 P $152.65 $20,700.00
NBIS BTC 1x Short 225 P, STO 2x Aug 28 205 P $441.57 $41,000.00
IREN BTC 1x Short 41 P, STO 1x Aug 28 35.5 P $36.52 $3,550.00
DRAM BTC 2x Short 51 P, STO 1x Aug 28 53 P $52.97 $5,300.00
AXTI BTC 1x Short 62 P, STO 1x Aug 28 60 P $74.52 $6,000.00
APLD BTC 2x Short 27.5 P, STO 2x Aug 28 26 P $63.05 $5,200.00
AAOI BTC 1x Short 116 P, STO 1x Aug 28 110 P $117.52 $11,000.00
TOTAL — $997.31 $99,300.00

Historical Performance:

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
8/21 Week 25 $99,300.00 $997.00 1.00% RKLB 2:3 and NBIS 1:2
reddit.com
u/Enough-Beginning3687 — 2 months ago
▲ 28 r/JourneyTo10Million+10 crossposts

1% Weekly Returns from Options Week 25

I've been posting for the last 24 weeks straight about using CSPs to achieve 1% weekly returns from selling options on about $100,000 in cash. This ween a bunch of stuff is close (NBIS, RKLB) and still has value (the majority of the drawdown is these two stocks).

As usual, I will post my trades in the comments as I make them. Remember in addition to this 1%, cash invested in CSPs also earns interest but I don't count that in my returns. Last week's post: https://www.reddit.com/r/TheRaceTo10Million/comments/1vnbj7u/1_weekly_returns_from_options_week_24/

Returns So Far

Total Premium $21,161.00
Current drawdown -$446.00
Gain/Loss from Assignment -$246.00
Total gains $20,715.00
Annualized (Calc1 using average invested) 59.76%
Annualized (Calc2 using max invested) 40.03%

Strategy:
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

AI Prompt:
I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

Current Prompt Results

Underlying Stock Price Strike Distance OTM Delta Bid / Ask Return (Bid/Strike) IV
IREN $45.17 $36.50 19.19% -0.101 $0.38 / $0.46 1.04% 130.1%
MRVL $247.02 $210.00 14.99% -0.120 $2.22 / $2.36 1.06% 106.7%
MRNA $143.04 $118.00 17.51% -0.121 $1.23 / $2.08 1.04% 129.0%
AAOI $131.29 $111.00 15.45% -0.124 $1.15 / $1.55 1.04% 112.9%
NBIS $229.15 $197.50 13.81% -0.127 $2.03 / $2.28 1.03% 100.7%
CIFR $17.62 $15.00 14.87% -0.130 $0.17 / $0.22 1.13% 111.3%
CRCL $92.87 $81.00 12.78% -0.138 $0.90 / $0.97 1.11% 97.1%
CLSK $13.14 $11.50 12.48% -0.139 $0.12 / $0.14 1.04% 95.0%
MSTR $120.37 $106.00 11.94% -0.142 $1.11 / $1.23 1.05% 91.5%
ASST $18.17 $15.50 14.69% -0.143 $0.17 / $0.29 1.10% 116.7%
SNDK $1,603.44 $1,420.00 11.44% -0.144 $14.40 / $16.00 1.01% 88.0%
FIGR $38.79 $34.00 12.35% -0.147 $0.35 / $0.50 1.03% 97.3%
AXTI $73.43 $62.00 15.57% -0.149 $0.75 / $1.45 1.21% 129.1%
KSS $17.68 $15.00 15.16% -0.150 $0.20 / $0.32 1.33% 125.7%
LITE $918.45 $825.00 10.17% -0.163 $8.50 / $11.00 1.03% 84.4%
APLD $29.10 $26.00 10.65% -0.164 $0.27 / $0.40 1.04% 89.1%
OKTA $132.00 $114.00 13.64% -0.165 $1.40 / $2.75 1.23% 119.5%
TEM $66.45 $60.00 9.71% -0.168 $0.62 / $0.80 1.03% 81.9%
COIN $188.39 $170.00 9.76% -0.168 $2.00 / $2.07 1.18% 82.5%
BTDR $11.62 $10.00 13.94% -0.170 $0.10 / $0.30 1.00% 125.7%

Historical Performance

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 24

This week everything nearly dropped to 0 so I decided to roll a day early. I had to move almost everything higher so leaving a little room in case I need to adjust next week if things tank. Last Week's post: https://www.reddit.com/r/Optionswheel/comments/1vi3kpb/1_weekly_returns_from_options_week_23/

First, the strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Results:

Total Premium $20,207.00
Current drawdown -$1,142.00
Gain/Loss from Assignment -$701.00
Total gains $19,065.00
Annualized (Calc1 using average invested) 57.98%
Annualized (Calc2 using max invested) 38.52%

This morning's screener output:

Symbol Strike ($) Stock Price ($) Distance (%) Bid ($) Return (%) Delta IV (%)
ALOY $10.00 $12.57 20.45% $0.10 1.00% -0.0976 129.3%
NBIS $220.00 $270.22 18.58% $2.25 1.02% -0.1002 116.8%
AAOI $113.00 $138.00 18.12% $1.15 1.02% -0.1101 119.2%
CBRS $195.00 $229.70 15.11% $2.15 1.10% -0.1286 105.4%
SNDK $1,210.00 $1,395.59 13.30% $12.50 1.03% -0.1298 91.5%
NVTS $12.00 $14.05 14.59% $0.12 1.00% -0.1312 102.5%
CRDO $240.00 $277.93 13.65% $2.50 1.04% -0.1340 96.1%
BE $210.00 $244.58 14.14% $2.46 1.17% -0.1366 101.4%
CIFR $15.00 $17.52 14.38% $0.18 1.20% -0.1370 103.7%
IREN $41.00 $47.44 13.58% $0.47 1.15% -0.1378 97.3%
SLS $10.00 $11.82 15.40% $0.10 1.00% -0.1381 112.9%
LQDA $67.00 $79.71 15.95% $0.70 1.04% -0.1391 118.3%
SMCI $35.00 $39.52 11.44% $0.36 1.03% -0.1446 82.7%
ALAB $282.50 $321.90 12.24% $3.00 1.06% -0.1477 90.6%
AXTI $65.00 $77.74 16.39% $1.00 1.54% -0.1494 128.7%
AMAT $490.00 $551.35 11.13% $4.95 1.01% -0.1514 82.8%
CRWV $102.00 $114.95 11.27% $1.13 1.11% -0.1533 84.7%
FCEL $18.00 $21.00 14.29% $0.20 1.11% -0.1536 111.5%
ASTS $65.00 $73.70 11.80% $0.74 1.14% -0.1536 89.4%
SKHY $142.00 $159.20 10.80% $1.45 1.02% -0.1540 81.1%

Today's Trades:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
SLV BTC 1x Short 66 C, STO 1x Aug 21 66 C $9.00 $6,550.00
SKHY BTC 1x Short 118 P, STO 1x Aug 21 144 P $147.52 $14,400.00
RKLB BTC 3x Short 65 P, STO 2x Aug 21 74 P $165.03 $14,800.00
NBIS BTC 2x Short 146 P, STO 1x Aug 21 225 P $247.50 $22,500.00
IREN BTC 1x Short 31.5 P, STO 1x Aug 21 41 P $41.52 $4,100.00
DRAM BTC 2x Short 44.5 P, STO 2x Aug 21 51 P $105.03 $10,200.00
AXTI BTC 1x Short 65 P, STO 1x Aug 21 62 P $64.52 $6,200.00
APLD BTC 3x Short 26.5 P, STO 2x Aug 21 27.5 P $55.03 $5,500.00
AAOI BTC 1x Short 113 P, STO 1x Aug 21 116 P $119.52 $11,600.00
TOTAL — $954.67 $95,850.00

Historical Performance:
(Today is in 8/14 because I rolled early)

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 24

This week everything nearly dropped to 0 so I decided to roll a day early. I had to move almost everything higher so leaving a little room in case I need to adjust next week if things tank. Last Week's post: https://www.reddit.com/r/thetagang/comments/1vi3jwb/1_weekly_returns_from_options_week_23/

First, the strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Results:

Total Premium $20,207.00
Current drawdown -$1,142.00
Gain/Loss from Assignment -$701.00
Total gains $19,065.00
Annualized (Calc1 using average invested) 57.98%
Annualized (Calc2 using max invested) 38.52%

This morning's screener output:

Symbol Strike ($) Stock Price ($) Distance (%) Bid ($) Return (%) Delta IV (%)
ALOY $10.00 $12.57 20.45% $0.10 1.00% -0.0976 129.3%
NBIS $220.00 $270.22 18.58% $2.25 1.02% -0.1002 116.8%
AAOI $113.00 $138.00 18.12% $1.15 1.02% -0.1101 119.2%
CBRS $195.00 $229.70 15.11% $2.15 1.10% -0.1286 105.4%
SNDK $1,210.00 $1,395.59 13.30% $12.50 1.03% -0.1298 91.5%
NVTS $12.00 $14.05 14.59% $0.12 1.00% -0.1312 102.5%
CRDO $240.00 $277.93 13.65% $2.50 1.04% -0.1340 96.1%
BE $210.00 $244.58 14.14% $2.46 1.17% -0.1366 101.4%
CIFR $15.00 $17.52 14.38% $0.18 1.20% -0.1370 103.7%
IREN $41.00 $47.44 13.58% $0.47 1.15% -0.1378 97.3%
SLS $10.00 $11.82 15.40% $0.10 1.00% -0.1381 112.9%
LQDA $67.00 $79.71 15.95% $0.70 1.04% -0.1391 118.3%
SMCI $35.00 $39.52 11.44% $0.36 1.03% -0.1446 82.7%
ALAB $282.50 $321.90 12.24% $3.00 1.06% -0.1477 90.6%
AXTI $65.00 $77.74 16.39% $1.00 1.54% -0.1494 128.7%
AMAT $490.00 $551.35 11.13% $4.95 1.01% -0.1514 82.8%
CRWV $102.00 $114.95 11.27% $1.13 1.11% -0.1533 84.7%
FCEL $18.00 $21.00 14.29% $0.20 1.11% -0.1536 111.5%
ASTS $65.00 $73.70 11.80% $0.74 1.14% -0.1536 89.4%
SKHY $142.00 $159.20 10.80% $1.45 1.02% -0.1540 81.1%

Today's Trades:

Symbol Action Details Premium Collected (Net Credit) Cash Occupied
SLV BTC 1x Short 66 C, STO 1x Aug 21 66 C $9.00 $6,550.00
SKHY BTC 1x Short 118 P, STO 1x Aug 21 144 P $147.52 $14,400.00
RKLB BTC 3x Short 65 P, STO 2x Aug 21 74 P $165.03 $14,800.00
NBIS BTC 2x Short 146 P, STO 1x Aug 21 225 P $247.50 $22,500.00
IREN BTC 1x Short 31.5 P, STO 1x Aug 21 41 P $41.52 $4,100.00
DRAM BTC 2x Short 44.5 P, STO 2x Aug 21 51 P $105.03 $10,200.00
AXTI BTC 1x Short 65 P, STO 1x Aug 21 62 P $64.52 $6,200.00
APLD BTC 3x Short 26.5 P, STO 2x Aug 21 27.5 P $55.03 $5,500.00
AAOI BTC 1x Short 113 P, STO 1x Aug 21 116 P $119.52 $11,600.00
TOTAL — $954.67 $95,850.00

Historical Performance:
(Today is in 8/14 because I rolled early)

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
8/14 Week 24 $95,850.00 $954.00 1.00%
reddit.com
u/Enough-Beginning3687 — 2 months ago
▲ 18 r/stocktraders+7 crossposts

1% Weekly Returns from Options Week 24

I've been posting for the last 23 weeks straight about using CSPs to achieve 1% weekly returns from selling options on about $100,000 in cash. This week I'm rolling a little earlier on Thursday instead of Friday because the value of most puts has gone close to zero as you can see from the total drawdown below.

As usual, I will post my trades in the comments as I make them. Remember in addition to this 1%, cash invested in CSPs also earns interest but I don't count that in my returns. Last week's post: https://www.reddit.com/r/TheRaceTo10Million/comments/1vh6kld/1_weekly_returns_from_options_week_23/

Returns So Far

Total Premium $20,207.00
Current drawdown -$121.00
Gain/Loss from Assignment -$682.00
Total gains $20,086.00
Annualized (Calc1 using average invested) 61.09%
Annualized (Calc2 using max invested) 40.58%

Strategy:
- Use an AI screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

AI Prompt:
I give this prompt to brokerbotics AI:

find me 20 unique lowest risk puts to sell on stocks
expiry: next week
strike at least 8% from stock price
return at least 1%
sort by delta
furthest away from stock price
minimum strike price 10

Prompt Results

Here are 20 unique cash-secured put option candidates expiring next week (August 21, 2026) that satisfy all criteria: strike price >= $10, strike at least 8% below the current stock price, return on capital >= 1.0% (bid / strike), sorted by lowest absolute delta and maximum distance from the stock price.

Symbol Strike ($) Stock Price ($) Distance (%) Bid ($) Return (%) Delta IV (%)
ALOY $10.00 $12.57 20.45% $0.10 1.00% -0.0976 129.3%
NBIS $220.00 $270.22 18.58% $2.25 1.02% -0.1002 116.8%
AAOI $113.00 $138.00 18.12% $1.15 1.02% -0.1101 119.2%
CBRS $195.00 $229.70 15.11% $2.15 1.10% -0.1286 105.4%
SNDK $1,210.00 $1,395.59 13.30% $12.50 1.03% -0.1298 91.5%
NVTS $12.00 $14.05 14.59% $0.12 1.00% -0.1312 102.5%
CRDO $240.00 $277.93 13.65% $2.50 1.04% -0.1340 96.1%
BE $210.00 $244.58 14.14% $2.46 1.17% -0.1366 101.4%
CIFR $15.00 $17.52 14.38% $0.18 1.20% -0.1370 103.7%
IREN $41.00 $47.44 13.58% $0.47 1.15% -0.1378 97.3%
SLS $10.00 $11.82 15.40% $0.10 1.00% -0.1381 112.9%
LQDA $67.00 $79.71 15.95% $0.70 1.04% -0.1391 118.3%
SMCI $35.00 $39.52 11.44% $0.36 1.03% -0.1446 82.7%
ALAB $282.50 $321.90 12.24% $3.00 1.06% -0.1477 90.6%
AXTI $65.00 $77.74 16.39% $1.00 1.54% -0.1494 128.7%
AMAT $490.00 $551.35 11.13% $4.95 1.01% -0.1514 82.8%
CRWV $102.00 $114.95 11.27% $1.13 1.11% -0.1533 84.7%
FCEL $18.00 $21.00 14.29% $0.20 1.11% -0.1536 111.5%
ASTS $65.00 $73.70 11.80% $0.74 1.14% -0.1536 89.4%
SKHY $142.00 $159.20 10.80% $1.45 1.02% -0.1540 81.1%

Historical Performance

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
reddit.com
u/Enough-Beginning3687 — 2 months ago

1% Weekly Returns from Options Week 23

This week was great. Almost everything recovered and drawdown dropped. I didn't expect to have time today so I made a few trades yesterday and some today. Last Week's post: https://www.reddit.com/r/Optionswheel/comments/1vbtxpr/1_weekly_returns_from_options_week_22/

First, the strategy:
- Use a screener to give me a list of top 20 low delta options for next week
- I either
- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
- b. Close a current option and pick something else from the list that I like
- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.

Screener Output:

Underlying Strike ($) Stock Price ($) Bid ($) Delta Distance OTM (%) Return (%)
NBIS $136.00 $184.33 $1.40 -0.073 26.22% 1.03%
COHR $285.00 $372.77 $2.90 -0.090 23.55% 1.02%
SMCI $24.00 $30.15 $0.25 -0.092 20.40% 1.04%
LITE $710.00 $890.12 $7.20 -0.098 20.24% 1.01%
HIMS $24.50 $30.65 $0.26 -0.098 20.07% 1.06%
AXTI $65.00 $85.74 $0.85 -0.100 24.19% 1.31%
CRWV $69.00 $86.30 $0.79 -0.101 20.05% 1.14%
AAOI $113.00 $141.53 $1.15 -0.103 20.16% 1.02%
RKLB $65.00 $79.42 $0.67 -0.104 18.16% 1.03%
ASTS $56.00 $68.81 $0.66 -0.110 18.62% 1.18%
SNDK $1,025.00 $1,223.46 $10.70 -0.115 16.22% 1.04%
BE $180.00 $216.52 $2.00 -0.118 16.87% 1.11%
ALAB $280.00 $334.78 $2.88 -0.119 16.36% 1.03%
IREN $32.00 $38.01 $0.36 -0.123 15.81% 1.13%
SKHY $117.00 $135.96 $1.25 -0.130 13.95% 1.07%
SPCX $107.00 $122.36 $1.09 -0.132 12.55% 1.02%
LUNR $12.50 $15.63 $0.15 -0.136 20.03% 1.20%
WOLF $25.00 $30.07 $0.31 -0.140 16.86% 1.24%
APLD $24.50 $28.29 $0.25 -0.140 13.40% 1.02%
USAR $15.50 $18.52 $0.17 -0.143 16.31% 1.10%

Trades

Symbol Action Premium Collected (Net Credit) Cash Occupied
SKHY Roll Short Put (BTC Aug 7 116 P / STO Aug 14 118 P) $119.52 $11,800.00
NBIS Roll Short Put (BTC Aug 7 136 P / STO Aug 14 146 P) $299.03 $29,200.00
IREN Roll Short Put (BTC Aug 7 30.5 P / STO Aug 14 31.5 P) $31.52 $3,150.00
DRAM Roll Short Put (BTC Aug 7 43 P / STO Aug 14 44.5 P) $89.05 $8,900.00
ASTS Buy to Close (BTC Aug 7 63 P) -$3.01 $0.00
AAOI Roll Short Put (BTC Aug 7 62 P / STO Aug 14 113 P) $113.52 $11,300.00
RKLB Roll Short Put (BTC Aug 7 73 P / STO Aug 14 65 P) $202.55 $19,500.00
APLD Roll Short Put (BTC Aug 7 28.5 P / STO Aug 14 26.5 P) $102.00 $7,950.00
AXTI Sell to Open (STO Aug 14 65 P) $98.53 $6,500.00
SLV Assigned Short Put Position at 65.5 N/A ($0.00) $6,550.00
TOTAL — $1,052.71 $104,850.00

Total Returns

Total Premium $20,207.00
Current drawdown -$1,554.00
Gain/Loss from Assignment -$799.00
Total gains $18,653.00
Annualized (Calc1 using average invested) 56.73%
Annualized (Calc2 using max invested) 37.68%

History

Week Capital Invested Premium Made Return % Notes
3/6 Week 1 $0.00 $0.00 0.00%
3/13 Week 2 $13,100.00 $131.00 1.00%
3/20 Week 3 $19,850.00 $203.00 1.02%
3/27 Week 4 $41,500.00 $596.00 1.44%
4/3 Week 5 $34,150.00 $353.00 1.03%
4/10 Week 6 $43,350.00 $462.00 1.07%
4/17 Week 7 $53,800.00 $573.00 1.07%
4/24 Week 8 $70,400.00 $811.00 1.15%
5/1 Week 9 $103,450.00 $1,093.00 1.06%
5/8 Week 10 $97,400.00 $1,040.00 1.07%
5/15 Week 11 $102,800.00 $1,077.00 1.05%
5/22 Week 12 $98,600.00 $1,170.00 1.19%
Week 12.5 $106,100.00 $475.00 0.45% Bonus round
5/29 Week 13 $106,100.00 $1,133.00 1.07%
Week 13.5 $115,900.00 $336.00 0.29% Bonus round
6/5 Week 14 $105,750.00 $1,053.00 1.00%
6/12 Week 15 $110,700.00 $1,146.00 1.04%
6/19 Week 16 $111,850.00 $1,105.00 0.99%
6/26 Week 17 $108,350.00 $1,045.00 0.96% Got SLV 65.5 assigned
7/3 Week 18 $111,550.00 $1,126.00 1.01%
7/10 Week 19 $102,850.00 $1,111.00 1.08%
Week 19 Bonus $108,550.00 $98.00 0.09% APLD 1:3 to avoid assignment
7/17 Week 20 $104,350.00 $842.00 0.81%
7/24 Week 21 $111,500.00 $1,148.00 1.03% RKLB 2:3 to reduce strike
7/31 Week 22 $105,660.00 $1,021.00 0.97%
Week 22 bonus $99,960.00 $7.00 0.01% ASTS 2:1 to reduce exposure
8/7 Week 23 $104,850.00 $1,052.00 1.00%
reddit.com
u/Enough-Beginning3687 — 2 months ago