1M options* portfolio feat. $MU

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.
Score 25
Comments 41
Upvote % 75%
Full Post Text
Ideas
u/Mzungufarmer Reddit r/thetagang
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.
More from Reddit — r/thetagang

This Reddit post, published August 21, 2026, features u/Mzungufarmer discussing MU. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Mzungufarmer  · Tickers: MU