Week 21 = $909 + 1.75% ROC. Finally closed those horrible roles, but made some money out the deal, Rolled my 45$ APLD to 5-29 for nice credit., Did not open anything today. Hope everyone made some money this week!
Week 21 = $909 + 1.75% ROC. Finally closed those horrible roles, but made some money out the deal, Rolled my 45$ APLD to 5-29 for nice credit., Did not open anything today. Hope everyone made some money this week!
Closed out TQQQ and APLD CSP, normally I let them expire worthless, but wanted the capital to open trades tomorrow..
TQQQ and APLD at .20’ish delta for next week ..
Brutal Week 20 +$75 on Options, ONDS + RCAT wheel exits — $4,540 in lifetime premium for $250 net P&L ~4 months.
ONDS — 1000 sh assigned 1/16 at $13.00. Lifetime CC/CSP premium $3,862.91. Doctrine basis $9.14. Sold 5/11 at $9.37 → +$226.82 net. Without the wheel: −$3,635 loss on a 27.9% stock drop. With the wheel: ~5.5% annualized over four months. T-bills paid 4.5%.
RCAT — 200 sh (100 bought @ $15.17 + 100 assigned @ $13.50, blended $14.36). Lifetime CC premium $677.52. Basis$10.97. Sold 5/11 at $11.09 → +$23.19 net. Without the wheel: −$654 loss on a 22.8% stock drop. With the wheel: ~2.7% annualized. Below cash in a savings account.
Tying up $15,872 of stock capital for four months in exchange for $250 of combined P&L , Weak hands on the dip this week, rolled most of plays to next week. Glad for the weekend break, Hope everyone made some money this week .!!
Brutal Week 20 +$75 on Options, ONDS + RCAT wheel exits — $4,540 in lifetime premium for $250 net P&L ~4 months.
ONDS — 1000 sh assigned 1/16 at $13.00. Lifetime CC/CSP premium $3,862.91. Doctrine basis $9.14. Sold 5/11 at $9.37 → +$226.82 net. Without the wheel: −$3,635 loss on a 27.9% stock drop. With the wheel: ~5.5% annualized over four months. T-bills paid 4.5%.
RCAT — 200 sh (100 bought @ $15.17 + 100 assigned @ $13.50, blended $14.36). Lifetime CC premium $677.52. Basis$10.97. Sold 5/11 at $11.09 → +$23.19 net. Without the wheel: −$654 loss on a 22.8% stock drop. With the wheel: ~2.7% annualized. Below cash in a savings account.
Tying up $15,872 of stock capital for four months in exchange for $250 of combined P&L , Weak hands on the dip this week, rolled most of plays to next week. Glad for the weekend break, Hope everyone made some money this week ...!
Trying to close out a few APLD puts, waiting on a fill.
Still in about 25% cash .. Hopefully find some plays tomorrow for next week
Don’t have anything lined up, trying to close some APLD puts a day early just to free up the capital..
Who else got shook out in the dip this morning?,
Ended up rolling half my positions to next week 😅
I sold some TQQQ puts, Sitting in 70% cash, nothing looking good right now, was hoping to make all my sells today..
TQQQ Weekend Gap Risk for last 1 year
Move > 7%: 2 weekends (4%)
Move 5-7%: 5 weekends (10%)
Move 3-5%: 7 weekends (15%)
Move 2-3%: 5 weekends (10%)
Move < 2%: 29 weekends (60%)
- Average absolute weekend move: ~2.5%
- Adverse gaps DOWN > 2%: ~10% of weekends (1 in 10)
- Adverse gaps DOWN > 5%: ~4% of weekends (1 in 25)
Worst moves of the year:
- +12.1% (5/9 → 5/12/25) — biggest UP gap
- +7.58% (11/21 → 11/24/25)
- −6.30% (1/16 → 1/20/26 MLK weekend) — biggest DOWN
- −3.64% (2/20 → 2/23/26)
- −2.55% (8/29 → 9/2/25 Labor Day)
If you are selling 0.20 delta CSPs on TQQQ Friday afternoon, the math says ~10% of weekends you will wake up Monday with the position deeper ITM than you wanted — usually annoying, occasionally painful. About 4% of weekends you get hit hard enough to be at or near max loss on a 5-wide spread.
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Busy week, messed up some trades, no assignments so not to bad
Busy week, messed up some trades, no assignments so not to bad
Busy week, messed up some trades, no assignments so not to bad
April 2026 Monthly break down,
this is not normal I just closed positions with some wheel stocks, still looking to consolidate some more over coming month, and have less tickers .. Hoping everyone has a good start for May ! 💪💰
Total Week 18 profit $2,971.68
Premium income: $1,422.68
Capital gains (TSLL + MSTX): +$1,549.00
Stopped chasing on some of my long holds, money wasn’t doing anything, closing out some more next week, regroup and focus on just few tickers for a while..
Busy week , sold some ATM calls next week on RCAT and TSLL, trying to recycle the money and stop dragging out capital being tied up.
That being said, TSLL, RCAT will moon now ..
Rolled APLD to 37$ did a horrible roll during the spike this morning, but still a net..
Lost 100$ on SPX, got busy and forget to close, and it dumped after market, putting me 1$ ITM..
