$14,811 in premiums collected yesterday.

Usually I sell far more CCs than CSPs, but yesterday was an exception. The selloff gave me an opportunity to sell lots of CSPs with attractive premiums on stocks already on my accumulation list. I sold CSPs on: IIPR $45 Put AU $85 Put U $21 and $20.50 Puts BABA $123 Put SHOP $112 Put INTU $377.50 Put Total gross premium collected: $14,811 Approx. net after fees: $14,764 SIG is one of my favorite stocks for this strategy because of the strong option premiums and the way it often trades in a wide range. I run what is essentially a covered strangle on SIG: selling OTM CCs above the stock and CSPs below it. So far, every trade on both sides for in that setup has expired worthless for 18 consecutive months, allowing me to keep the premiums and repeat the process. I already own all these names above and I’m happy to increase my positions if assigned. If not, I’m happy to keep the premium and repeat when the setup is attractive.