Image 1 — Week 27 $975 in premium
Image 2 — Week 27 $975 in premium

Week 27 $975 in premium

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)

Options:
• YTD: $11,813.00
• 1 Month: $1,826.00
• 1 Week: $-18,508.00

Realized P&L:
• YTD: $26,161.00
• 1 Month: $769.00
• 1 Week: $2,080.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $24,437 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 $405
• Average $3,491/month

I am over $164k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

u/Expired_Options — 3 days ago

Week 27 $975 in premium

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)

Options:
• YTD: $11,813.00
• 1 Month: $1,826.00
• 1 Week: $-18,508.00

Realized P&L:
• YTD: $26,161.00
• 1 Month: $769.00
• 1 Week: $2,080.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $24,437 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 $405
• Average $3,491/month

I am over $164k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

u/Expired_Options — 3 days ago
▲ 41 r/thetagang+1 crossposts

Week 27 $975 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 27, the average premium per week is $911 with an annual projection of $47,371.

All things considered, the portfolio is up $33,810 (+7.52%), on the year (S&P 500: +9.32% | Nasdaq: +11.15%). Additionally, the trailing 1-year performance is up $62,334 (+14.79%); for comparison the S&P 500 is +20.17% and the Nasdaq is +26.67% over the same period. This is the overall profit and loss and includes options and all other account activity.

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)

Options:
• YTD: $11,813.00
• 1 Month: $1,826.00
• 1 Week: $-18,508.00

Realized P&L:
• YTD: $26,161.00
• 1 Month: $769.00
• 1 Week: $2,080.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 101 unique tickers, unchanged from 101 last week. These 101 tickers have a value of $455k. I also have 194 open option positions, up from 191 last week. The options have a total value of $29k. The total of the shares and options is $484k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $38,550 in cash secured put collateral, up from $37,050 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $24,437 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 $405
• Average $3,491/month

I am over $164k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge explicit commissions, though there is no free lunch — they earn revenue through Payment for Order Flow (PFOF), which can mean slightly less optimal fills. For my style of selling options and not chasing prices, the tradeoff is acceptable. There is also a small regulatory fee of approximately $0.03–$0.04 per contract (FINRA TAF, OCC clearing, and exchange fees combined).

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 3 days ago

Week 26 $502 in premium

Note: the second image shows all options 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)

Options:
• YTD: $26,205.00
• 1 Month: $7,438.00
• 1 Week: $1,367.00

Realized P&L:
• YTD: $24,617.83
• 1 Month: $2,510.00
• 1 Week: $3,208.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $19,732 YTD
• Average $46,364/year (completed years)

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $2,927
• Average $3,289/month

I am over $163k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

u/Expired_Options — 9 days ago

Week 26 $502 in premium

Note: the second image shows all options 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)

Options:
• YTD: $26,205.00
• 1 Month: $7,438.00
• 1 Week: $1,367.00

Realized P&L:
• YTD: $24,617.83
• 1 Month: $2,510.00
• 1 Week: $3,208.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $19,732 YTD
• Average $46,364/year (completed years)

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $2,927
• Average $3,289/month

I am over $163k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

u/Expired_Options — 9 days ago

Week 25 $1,057 in premium

Note: the second image shows all options sold this week.

After week 25, the average premium per week is $777 with an annual projection of $40,382.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 up $22,948 (+5.05%YTD)

Options:
• YTD: $24,823.82
• 1 Month: $-2,163.00
• 1 Week: $5,606.00

Realized P&L:
• YTD: $20,729.83
• 1 Month: $-6,570.00
• 1 Week: $-3,280.00

I'm currently utilizing $39,650 in cash secured put collateral, down from $39,800 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $19,230 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $2,425

I am over $162k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 17 days ago

Week 25 $1,057 in premium

Note: the second image shows all options sold this week.

After week 25, the average premium per week is $777 with an annual projection of $40,382.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 up $22,948 (+5.05%YTD)

Options:
• YTD: $24,823.82
• 1 Month: $-2,163.00
• 1 Week: $5,606.00

Realized P&L:
• YTD: $20,729.83
• 1 Month: $-6,570.00
• 1 Week: $-3,280.00

I'm currently utilizing $39,650 in cash secured put collateral, down from $39,800 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $19,230 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $2,425

I am over $162k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 17 days ago
▲ 83 r/thetagang+1 crossposts

Week 25 $1,057 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 25, the average premium per week is $777 with an annual projection of $40,382.

All things considered, the portfolio is up $22,948 (+5.05%), on the year (S&P 500: +9.57%). Additionally, the trailing 1-year performance is up $77,528 (+19.38%); for comparison the S&P 500 is +25.41% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 up $22,948 (+5.05%YTD)

Options:
• YTD: $24,823.82
• 1 Month: $-2,163.00
• 1 Week: $5,606.00

Realized P&L:
• YTD: $20,729.83
• 1 Month: $-6,570.00
• 1 Week: $-3,280.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 101 unique tickers, up from 100 last week. These 101 tickers have a value of $479k. I also have 194 open option positions, down from 196 last week. The options have a total value of $47k. The total of the shares and options is $526k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $39,650 in cash secured put collateral, down from $39,800 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $19,230 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $2,425

I am over $162k in total options premium, since 2021. I average roughly $35 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge commissions. There is an industry standard regulation fee of about $0.03 per contract. Last year I sold 1,720 contracts which is about $50.00 in fees paid in 2025. In 2026, the regulatory fee has been lowered to about $0.02 per contract, which keeps the total cost extremely low even as my trading volume increases.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 17 days ago

Week 24 $757 in premium

Note: the second image displays all the options sold this week.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $2,334 (-0.51%YTD)

Options:
• YTD: $23,416.61
• 1 Month: $-12,715.22
• 1 Week: $-775.46

Realized P&L:
• YTD: $23,691.00
• 1 Month: $-7,454.00
• 1 Week: $-2,150.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

The portfolio is comprised of 100 unique tickers, up from 99 last week. These 100 tickers have a value of $407k. I also have 196 open option positions, down from 200 last week. The options have a total value of $45k. The total of the shares and options is $452k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $39,800 in cash secured put collateral, up from $37,600 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $18,172 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $1,367

I am over $161k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

u/Expired_Options — 23 days ago

Week 24 $757 in premium

Note: the second image displays all the options sold this week.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $2,334 (-0.51%YTD)

Options:
• YTD: $23,416.61
• 1 Month: $-12,715.22
• 1 Week: $-775.46

Realized P&L:
• YTD: $23,691.00
• 1 Month: $-7,454.00
• 1 Week: $-2,150.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

The portfolio is comprised of 100 unique tickers, up from 99 last week. These 100 tickers have a value of $407k. I also have 196 open option positions, down from 200 last week. The options have a total value of $45k. The total of the shares and options is $452k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $39,800 in cash secured put collateral, up from $37,600 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $18,172 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $1,367

I am over $161k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

u/Expired_Options — 23 days ago
▲ 57 r/thetagang+1 crossposts

Week 24 $757 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 24, the average premium per week is $759 with an annual projection of $39,478.

All things considered, the portfolio is down $2,334 (-0.51%), on the year (S&P 500: +8.56%). Additionally, the trailing 1-year performance is up $64,287 (+16.56%); for comparison the S&P 500 is +22.93% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $2,334 (-0.51%YTD)

Options:
• YTD: $23,416.61
• 1 Month: $-12,715.22
• 1 Week: $-775.46

Realized P&L:
• YTD: $23,691.00
• 1 Month: $-7,454.00
• 1 Week: $-2,150.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 100 unique tickers, up from 99 last week. These 100 tickers have a value of $407k. I also have 196 open option positions, down from 200 last week. The options have a total value of $45k. The total of the shares and options is $452k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $39,800 in cash secured put collateral, up from $37,600 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $18,172 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787
• June $1,367

I am over $161k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge commissions. There is an industry standard regulation fee of about $0.03 per contract. Last year I sold 1,720 contracts which is about $50.00 in fees paid in 2025. In 2026, the regulatory fee has been lowered to about $0.02 per contract, which keeps the total cost extremely low even as my trading volume increases.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 23 days ago

Week 22 $955 in premium

Note: The second image shows the detail behind each option sold this week.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 up $19,733 (+4.34%YTD)

Options:
• YTD: $9,467.00
• 1 Month: $-30,581.00
• 1 Week: $-12,297.00

Realized P&L:
• YTD: $25,379.00
• 1 Month: $-6,219.00
• 1 Week: $2,673.00

I'm currently utilizing $37,600 in cash secured put collateral, down from $39,150 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $16,729 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787

I am over $160k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

u/Expired_Options — 1 month ago
▲ 60 r/thetagang+1 crossposts

Week 22 $955 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 22, the average premium per week is $765 with an annual projection of $39,772.

All things considered, the portfolio is up $19,733 (+4.34%), on the year (S&P 500: +10.73%). Additionally, the trailing 1-year performance is up $103,413 (+27.90%); for comparison the S&P 500 is +28.21% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 up $19,733 (+4.34%YTD)

Options:
• YTD: $9,467.00
• 1 Month: $-30,581.00
• 1 Week: $-12,297.00

Realized P&L:
• YTD: $25,379.00
• 1 Month: $-6,219.00
• 1 Week: $2,673.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 99 unique tickers, unchanged from 99 last week. These 99 tickers have a value of $440k. I also have 200 open option positions, up from 193 last week. The options have a total value of $35k. The total of the shares and options is $475k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $37,600 in cash secured put collateral, down from $39,150 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $16,729 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $3,787

I am over $160k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge commissions. There is an industry standard regulation fee of about $0.03 per contract. Last year I sold 1,720 contracts which is about $50.00 in fees paid in 2025. In 2026, the regulatory fee has been lowered to about $0.02 per contract, which keeps the total cost extremely low even as my trading volume increases.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 1 month ago

Week 21 $763 in premium

Note: the second image has all the options sold this week that add to $763.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $16,481 (-3.73%YTD)

Options:
• YTD: $21,759.00
• 1 Month: $-10,793.00
• 1 Week: $-8,781.00

Realized P&L:
• YTD: $21,009.00
• 1 Month: $-12,535.00
• 1 Week: $-2,944.00

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,774 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,832

I am over $159k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

u/Expired_Options — 1 month ago
▲ 11 r/CoveredCalls+1 crossposts

Week

I will post a separate comment with the detail behind each option sold this week.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $16,481 (-3.73%YTD)

Options:
• YTD: $21,759.00
• 1 Month: $-10,793.00
• 1 Week: $-8,781.00

Realized P&L:
• YTD: $21,009.00
• 1 Month: $-12,535.00
• 1 Week: $-2,944.00

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,774 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,832

I am over $159k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

u/Expired_Options — 1 month ago
▲ 26 r/thetagang+1 crossposts

Week 21 $763 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 21, the average premium per week is $757 with an annual projection of $39,357.

All things considered, the portfolio is down $16,481 (-3.73%), on the year (S&P 500: +9.17%). Additionally, the trailing 1-year performance is up $73,027 (+20.03%); for comparison the S&P 500 is +27.93% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $16,481 (-3.73%YTD)

Options:
• YTD: $21,759.00
• 1 Month: $-10,793.00
• 1 Week: $-8,781.00

Realized P&L:
• YTD: $21,009.00
• 1 Month: $-12,535.00
• 1 Week: $-2,944.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 99 unique tickers, up from 96 last week. These 99 tickers have a value of $391k. I also have 193 open option positions, up from 187 last week. The options have a total value of $48k. The total of the shares and options is $439k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $39,150 in cash secured put collateral, down from $40,850 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,774 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,832

I am over $159k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge commissions. There is an industry standard regulation fee of about $0.03 per contract. Last year I sold 1,720 contracts which is about $50.00 in fees paid in 2025. In 2026, the regulatory fee has been lowered to about $0.02 per contract, which keeps the total cost extremely low even as my trading volume increases.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 1 month ago

Week 20 $1,018 in premium

Note: The second image is from last week. Link to this week's option sells

After week 20, the average premium per week is $758 with an annual projection of $39,429.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $14,875 (-3.27%YTD)

Options:
• YTD: $30,525.00
• 1 Month: $-8,230.00
• 1 Week: $-7,539.00

Realized P&L:
• YTD: $26,692.00
• 1 Month: $-6,864.00
• 1 Week: $-5,799.00

I'm currently utilizing $40,850 in cash secured put collateral, up from $37,400 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,021 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,069

I am over $158k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 2 months ago

Week 20 $1,018 in premium

Note: The second image is from last week. Link to this week's option sells

After week 20, the average premium per week is $758 with an annual projection of $39,429.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $14,875 (-3.27%YTD)

Options:
• YTD: $30,525.00
• 1 Month: $-8,230.00
• 1 Week: $-7,539.00

Realized P&L:
• YTD: $26,692.00
• 1 Month: $-6,864.00
• 1 Week: $-5,799.00

I'm currently utilizing $40,850 in cash secured put collateral, up from $37,400 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,021 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,069

I am over $158k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 2 months ago
▲ 77 r/thetagang+1 crossposts

Week 20 $1,018 in premium

I will post a separate comment with a link to the detail behind each option sold this week.

After week 20, the average premium per week is $758 with an annual projection of $39,429.

All things considered, the portfolio is down $14,875 (-3.27%), on the year (S&P 500: +8.22%). Additionally, the trailing 1-year performance is up $70,736 (+19.19%); for comparison the S&P 500 is +25.21% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $14,875 (-3.27%YTD)

Options:
• YTD: $30,525.00
• 1 Month: $-8,230.00
• 1 Week: $-7,539.00

Realized P&L:
• YTD: $26,692.00
• 1 Month: $-6,864.00
• 1 Week: $-5,799.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

My $600 weekly contribution streak is at 18 weeks, but I am pausing new contributions until next month.

The portfolio is comprised of 96 unique tickers, up from 95 last week. These 96 tickers have a value of $383k. I also have 187 open option positions, down from 195 last week. The options have a total value of $56k. The total of the shares and options is $439k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $40,850 in cash secured put collateral, up from $37,400 last week.

2025 through 2028 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man's covered calls (PMCC).

See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

LEAPS note 1: the 2025 LEAPS expired 1/17/25. They were up $36,440 overall with a 233.74% increase. The major drivers were AMZN and CRWD.

LEAPS note 2: After holding for 2 years, I exercised an AMZN $80 strike from 2023 up +$11,395 (+463.21%) and CRWD $95 strike from 2023, up +$21,830 (+663.53%)

LEAPS note 3: Purchased 1/16/26 CRWD LEAPS for $8,230.03 on 1/17/24. I sold this LEAPS on 6/5/25 for $21,659 for a realized profit of $13,428.97 (+163.18%)

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $15,021 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $2,069

I am over $158k in total options premium, since 2021. I average roughly $34 per option sold. I have sold over 4k 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.

Spreadsheets:
Unfortunately, I no longer provide spreadsheets. I received too many follow ups about formatting, pivot tables, compatibility etc. I think tracking is very important, but I post to discuss investing and options, not to provide tech support for Excel. I do appreciate the interest in my tracking methods.

Software:
I captured the screen shots from a proprietary software platform I built to track, analyze, and manage my options strategies.

Commissions:
I use Robinhood as a broker and they do not charge commissions. There is an industry standard regulation fee of about $0.03 per contract. Last year I sold 1,720 contracts which is about $50.00 in fees paid in 2025. In 2026, the regulatory fee has been lowered to about $0.02 per contract, which keeps the total cost extremely low even as my trading volume increases.

The premiums have increased significantly as my experience has expanded over the last three years.

Make sure to post your wins. I look forward to reading about them!

Disclaimer: I am not a financial advisor. This information is for educational and entertainment purposes only. Trading options involves significant risk.

u/Expired_Options — 2 months ago

Week 19 $1,051 in premium

Note: the second image contains the detail behind each option sold this week.

All things considered, the portfolio is down $11,997 (-2.64%), on the year (S&P 500: +8.08%). Additionally, the trailing 1-year performance is up $99,242 (+28.93%); for comparison the S&P 500 is +30.63% over the same period. This is the overall profit and loss and includes options and all other account activity.

Annual results:
• 2023 up $65,403 (+41.31%)
• 2024 up $64,610 (+29.71%)
• 2025 up $111,496 (+34.52%)
• 2026 down $11,997 (-2.64%YTD)

Options:
• YTD: $38,062.11
• 1 Month: $-45.00
• 1 Week: $1,621.93

Realized P&L:
• YTD: $32,393.83
• 1 Month: $-3,510.00
• 1 Week: $-424.00

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. This is not my full time job, although I wish it was. I still grind on a 9-5.

I contributed $600 for the 18th week in a row.

The portfolio is comprised of 95 unique tickers, down from 97 last week. These 95 tickers have a value of $379k. I also have 195 open option positions, up from 185 last week. The options have a total value of $64k. The total of the shares and options is $443k. The next goal on the "Road to" is Half a Million.

I'm currently utilizing $37,400 in cash secured put collateral, up from $37,000 last week.

Total premium by year:
• 2023 $23,132 in premium
• 2024 $47,640 in premium
• 2025 $68,319 in premium
• 2026 $14,068 YTD

Premium by month (2026):
• January $3,334
• February $3,625
• March $465
• April $5,593
• May $1,051

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.

u/Expired_Options — 2 months ago