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I will post a separate comment with a link to the detail behind each option sold this week.
After week 1 the average premium per week is $537 with an annual projection of $98,280.
All things considered, the portfolio is up +$10,716 (+2.47%) on the year and up +$113,734 (+34.31%) over the last 365 days. This is the overall profit and loss and includes options and all other account activity.
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 32 weeks in a row. I have stopped the contributions until January 2026 (next Friday). I had some unexpected expenses to address and then it’s back to business.
The portfolio is comprised of 99 unique tickers, unchanged from 99 last week. These 99 tickers have a value of $428k. I also have 198 open option positions, down from 201 last week. The options have a total value of $17k. The total of the shares and options is $445k. The next goal on the “Road to” is Half a Million.
I’m currently utilizing $37,050 in cash secured put collateral, up from $36,350 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:
2022 $7,745 in premium |
2023 $23,132 in premium |
2024 $47,640 in premium |
2025 $68,330 in premium |
2026 $390 YTD |
Premium by month (2026):
January $390 |
Annual results:
2023 up $65,403 (+41.31%)
2024 up $64,610 (+29.71%)
2025 up $111,496 (+34.52%)
2026 up $10,140 (+2.33%) YTD
I am over $150k in total options premium, since 2021. I average $30 per option sold. I have sold over 5k 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. Sometimes I’m ahead of the indexes and sometimes I’m behind. 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 provide tech support for Excel. I appreciate the interest in my tracking methods, though.
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 a an industry standard regulation fee of about $0.03 per contract. Last year I sold just over 1,400 contracts which is just over $40.00 in fees paid in 2024. In 2025, the contract fee is $0.04, which would push the fees up to around $60 based on current projections. The fee has been lowered to .02 per option contract.
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!