u/Mzungufarmer ·
Reddit — r/thetagang
· August 21, 2026 at 17:24
· ⬆ 25 pts
· 💬 41 comments
| View on Reddit ↗
AI Summary
Summary
Author runs a ~$1M options portfolio, primarily selling 10x weekly MU cash-secured puts and naked calls.
Thesis: harvest options premium for spending money while keeping the account near $1M, with no strict end goal.
Post is a casual P&L journal entry, not rigorous research; lacks risk metrics and detailed trade logic.
Score25
Comments41
Upvote %75%
▶ Full Post Text
I've posted a few times here but I wanted to lazily emulate some of the P&L calendar posts. I plan on posting every Friday to show my journey. From here on out it will show more detailed trades, I just didnt want to go through them all to get this started.
This portfolio has no end goal, its primary purpose is to give me guilt free cash to buy whatever I want while keeping the balance as close to 1M as possible.
Ive primarily have been selling 10x weekly csps and naked calls on MU, but I occasionally throw in other tickers and/or monthly csps.
Disclaimer: I'm not a disciplined trader and can probably learn more than I can teach. Greeks are only mildly interesting to me and usually arent a big factor in my decisions. I mostly use my ai assistant to feed me news and I go with the momentum of the stocks Im trading. This is mostly just fun for me because I love seeing numbers get bigger.
Im open to suggestions by anyone who wants to follow along and if someone wanrs to deep dive on plays I make thats cool too!
edit: i put the \* and forgot about it. 50k of the portfolio is a long position that I wanna see how it does.
The author explicitly states he sells 10x weekly MU cash-secured puts and naked calls in a ~$1M options portfolio. Selling both sides of MU options collects premium and profits if the stock stays range-bound; weekly expirations accelerate theta decay. This is a short-volatility / short-premium trade on MU, not a directional long or short bet. Large moves, earnings, or news can break one side; naked calls carry unlimited loss potential, and the author admits undisciplined risk management.
This Reddit post, published August 21, 2026,
features u/Mzungufarmer
discussing MU.
1 trade idea extracted by AI with direction and confidence scoring.