Time to Step Away

After nearly 20 years of running this blog and its accompanying discussion group, I've decided it's time to step away. I hope the information shared here over the years has been helpful.

Although this blog will no longer be update, the Groups.io discussion group will continue under a new moderator. If you wish to discuss covered calls, cash secured puts, wheel and other options strategies, then please join the group here.

Thank you to everyone who subscribed and for being part of this journey! Wishing you all the best!

Weekly Trading Report for Fri 3/21/25

Trading Summary

This Weeks Trades

• 3 CSP'3 (QQQ, SPY, XLK) were rolled

Current Open Positions

• 12 CSP positions (IBIT(3), QQQ(3), SPY(3), XLK(3))
• 0 CC positions ()
• 4 uncovered stock positions (IBIT, QQQ, SPY, XLK)

The following is a summary of this week's trading activity.

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	3/21/2025	4/4/2025	4/11/2025	21	100	$480/$480	$48,000.00	$140.95	0.29%	5.10%
SPY	3/21/2025	4/4/2025	4/11/2025	21	100	$565/$565	$56,500.00	$116.95	0.21%	3.60%
XLK	3/21/2025	4/4/2025	5/16/2025	56	100	$225/$225	$22,500.00	$149.94	0.67%	4.34%

Weekly Trading Report for Fri 3/14/25

Trading Summary

This Weeks Trades

• 3 CSP'3 (QQQ, SPY, XLK) were rolled

Current Open Positions

• 12 CSP positions (IBIT(3), QQQ(3), SPY(3), XLK(3))
• 0 CC positions ()
• 4 uncovered stock positions (IBIT, QQQ, SPY, XLK)

The following is a summary of this week's trading activity.

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	3/12/2025	3/28/2025	5/30/2025	79	100	$490/$475	$47,500.00	$103.93	0.22%	1.01%
SPY	3/12/2025	3/28/2025	5/16/2025	65	100	$570/$560	$56,000.00	$134.93	0.24%	1.35%
XLK	3/12/2025	3/28/2025	6/20/2025	100	100	$230/$230	$23,000.00	$258.92	1.13%	4.11%

Weekly Trading Report for Fri 3/7/25

Trading Summary

This Weeks Trades

• 1 CC (XLK) expired

Current Open Positions

• 12 CSP positions (IBIT(3), QQQ(3), SPY(3), XLK(3))
• 0 CC positions ()
• 4 uncovered stock positions (IBIT, QQQ, SPY, XLK)

The following is a summary of this week's trading activity.

Expired CC Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Invested	P/L	ROI	AROI
XLK	1/31/2025	3/7/2025	3/7/2025	35	100	$245	$23,750.00	$250.48	1.05%	11.00%

Weekly Trading Report for Fri 2/28/25

Trading Summary

This Weeks Trades

• 2 CSP's (QQQ, SPY) were assigned and the underlying(s) were purchased

Current Open Positions

• 12 CSP positions (IBIT(3), QQQ(3), SPY(3), XLK(3))
• 1 CC positions (XLK)
• 3 uncovered stock positions (IBIT, QQQ, SPY)

The following is a summary of this week's trading activity.

Assigned CSP Positions (Underlying Bought)

Stock	Opened	ExpDate	Assigned	Days	Shrs	Strike	Invested	Premium	ROI	AROI
QQQ	1/24/2025	2/28/2025	2/28/2025	35	100	$535	$53,500.00	$1,515.82	2.83%	29.55%
SPY	1/24/2025	2/28/2025	2/28/2025	35	100	$609	$60,900.00	$1,057.82	1.74%	18.11%

Weekly Trading Report for Fri 2/21/25

Trading Summary

This Weeks Trades

• 12 new CSP's (IBIT(3), QQQ(3), SPY(3), XLK(3)) were sold
• 6 CSP's (IBIT(3), SPY, XLK(2)) reached their profit targets and were closed
• 2 CSP's (QQQ, SPY) were rolled

Current Open Positions

• 14 CSP positions (IBIT(3), QQQ(4), SPY(4), XLK(3))
• 1 CC positions (XLK)
• 1 uncovered stock positions (IBIT)

The following is a summary of this week's trading activity.

New CSP Positions

Stock	TradeDate	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
QQQ	2/20/2025	3/28/2025	36	100	$490	$49,000.00	$215.48	$118.51	15	0.24%	5.89%
SPY	2/20/2025	3/28/2025	36	100	$570	$57,000.00	$221.48	$121.81	15	0.21%	5.20%
XLK	2/20/2025	3/28/2025	36	100	$230	$23,000.00	$273.48	$150.41	15	0.65%	15.91%
QQQ	2/20/2025	4/4/2025	43	100	$480	$48,000.00	$203.48	$111.91	15	0.23%	5.67%
SPY	2/21/2025	4/17/2025	55	100	$565	$56,500.00	$239.48	$131.71	15	0.23%	5.67%
XLK	2/20/2025	4/4/2025	43	100	$225	$22,500.00	$228.48	$125.66	15	0.56%	13.59%
IBIT	2/21/2025	4/17/2025	55	100	$53	$5,300.00	$221.48	$121.81	15	2.30%	55.93%
IBIT	2/21/2025	4/17/2025	55	100	$52	$5,200.00	$258.48	$142.16	15	2.73%	66.53%
IBIT	2/21/2025	4/17/2025	55	100	$51	$5,100.00	$223.48	$122.91	15	2.41%	58.65%
QQQ	2/21/2025	4/17/2025	55	100	$470	$47,000.00	$220.48	$121.26	15	0.26%	6.28%
SPY	2/21/2025	4/17/2025	55	100	$570	$57,000.00	$341.49	$187.82	15	0.33%	8.02%
XLK	2/21/2025	4/17/2025	55	100	$220	$22,000.00	$219.48	$120.71	15	0.55%	13.35%

Closed CSP Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
IBIT	1/27/2025	3/21/2025	2/18/2025	22	100	$50	$5,000.00	$182.97	3.66%	60.71%
IBIT	1/22/2025	2/28/2025	2/20/2025	29	100	$56	$5,600.00	$146.97	2.62%	33.03%
IBIT	2/3/2025	3/21/2025	2/21/2025	18	100	$52	$5,200.00	$137.97	2.65%	53.80%
SPY	1/24/2025	3/21/2025	2/18/2025	25	100	$555	$55,500.00	$120.97	0.22%	3.18%
XLK	1/24/2025	3/7/2025	2/18/2025	25	100	$230	$23,000.00	$149.97	0.65%	9.52%
XLK	1/24/2025	3/21/2025	2/19/2025	26	100	$225	$22,500.00	$147.97	0.66%	9.23%

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	2/14/2025	2/21/2025	2/28/2025	14	100	$535/$535	$53,500.00	$165.95	0.31%	8.09%
SPY	2/14/2025	2/21/2025	2/28/2025	14	100	$609/$609	$60,900.00	$79.95	0.13%	3.42%

Weekly Trading Report for Fri 2/14/25

Trading Summary

This Weeks Trades

• 6 CSP's (QQQ(1), SPY(2), XLK) reached their profit targets and were closed
• 2 CSP's (QQQ, SPY) were rolled

Current Open Positions

• 8 CSP positions (IBIT(3), QQQ(1), SPY(2), XLK(2))
• 1 CC positions (XLK)
• 1 uncovered stock positions (IBIT)

The following is a summary of this week's trading activity.

Closed CSP Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
QQQ	1/24/2025	2/28/2025	2/12/2025	19	100	$500	$50,000.00	$162.97	0.33%	6.26%
QQQ	1/24/2025	3/7/2025	2/13/2025	20	100	$490	$49,000.00	$138.97	0.28%	5.18%
QQQ	1/24/2025	3/21/2025	2/13/2025	20	100	$470	$47,000.00	$123.97	0.26%	4.81%
SPY	1/24/2025	2/28/2025	2/13/2025	20	100	$580	$58,000.00	$124.97	0.22%	3.93%
SPY	1/24/2025	3/7/2025	2/13/2025	20	100	$575	$57,500.00	$128.97	0.22%	4.09%
XLK	1/24/2025	2/28/2025	2/14/2025	21	100	$233	$23,250.00	$163.97	0.71%	12.26%

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	2/14/2025	2/14/2025	2/21/2025	7	100	$529/$535	$53,500.00	$340.47	0.64%	33.18%
SPY	2/14/2025	2/14/2025	2/21/2025	7	100	$607/$609	$60,900.00	$244.47	0.40%	20.93%

Weekly Trading Report for Fri 2/7/25

Trading Summary

This Weeks Trades

• 1 new CSP (IBIT) was sold
• 2 CSP's (QQQ, SPY) were rolled

Current Open Positions

• 14 CSP positions (IBIT(3), QQQ(4), SPY(4), XLK(3))
• 1 CC positions (XLK)
• 1 uncovered stock positions (IBIT)

The following is a summary of this week's trading activity.

New CSP Positions

Stock	TradeDate	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
IBIT	2/3/2025	3/21/2025	46	100	$52	$5,200.00	$245.48	$135.01	15	2.60%	63.18%

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	2/7/2025	2/7/2025	2/14/2025	7	100	$529/$529	$52,900.00	$248.96	0.47%	24.54%
SPY	2/7/2025	2/7/2025	2/14/2025	7	100	$607/$607	$60,700.00	$142.96	0.24%	12.28%

Weekly Trading Report for Fri 1/31/25

Trading Summary

This Weeks Trades

• 2 new CSP's (IBIT(2)) were sold
• 1 CSP (IBIT) reached its profit targets and was closed
• 2 CSP's (QQQ, SPY) were rolled
• 2 CSP's (IBIT, XLK) were assigned and the underlying(s) were purchased
• 1 new CC (XLK) was sold

Current Open Positions

• 13 CSP positions (IBIT(2), QQQ(4), SPY(4), XLK(3))
• 1 CC positions (XLK)
• 1 uncovered stock positions (IBIT)

The following is a summary of this week's trading activity.

New CSP Positions

Stock	TradeDate	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
IBIT	1/27/2025	3/7/2025	39	100	$52	$5,200.00	$215.48	$118.51	15	2.28%	55.46%
IBIT	1/27/2025	3/21/2025	53	100	$50	$5,000.00	$272.48	$149.86	15	3.00%	72.93%

Closed CSP Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
IBIT	1/27/2025	3/7/2025	1/31/2025	4	100	$52	$5,200.00	$115.97	2.23%	203.51%

Rolled CSP Positions

Stock	TradeDate	OldExp	NewExp	Days	Shrs	Strikes	Margin	NetCredit	ROI	AROI
QQQ	1/31/2025	1/31/2025	2/7/2025	7	100	$529/$529	$52,900.00	$318.96	0.60%	31.44%
SPY	1/31/2025	1/31/2025	2/7/2025	7	100	$607/$607	$60,700.00	$273.96	0.45%	23.53%

Assigned CSP Positions (Underlying Bought)

Stock	Opened	ExpDate	Assigned	Days	Shrs	Strike	Invested	Premium	ROI	AROI
IBIT	1/24/2025	1/31/2025	1/31/2025	7	100	$60	$6,000.00	$123.34	2.06%	107.19%
XLK	1/24/2025	1/31/2025	1/30/2025	6	100	$237.50	$23,750.00	$170.49	0.72%	43.67%

New CC Positions

Stock	TradeDate	ExpDate	Days	Shrs	Bought	Strike	Invested	Premium	ROI	AROI
XLK	1/31/2025	3/7/2025	35	100	$237.50	$245	$23,750.00	$250.48	1.05%	11.00%

Weekly Trading Report for Fri 1/24/25

Trading Summary

This Weeks Trades

• 14 new CSP's (IBIT(2), QQQ(4), SPY(4), XLK(4)) were sold
• 7 CSP's (QQQ(3), SPY, XLK(3)) reached their profit targets and were closed

Current Open Positions

• 14 CSP positions (IBIT(2), QQQ(4), SPY(4), XLK(4))
• 0 CC positions ()
• 0 uncovered stock positions ()

The following is a summary of this week's trading activity.

New CSP Positions

Stock	TradeDate	ExpDate	Days	Shrs	Strike	Margin	Premium	Target	T-Days	T-ROI	T-AROI
IBIT	1/24/2025	1/31/2025	7	100	$60	$6,000.00	$123.34	$123.34	7	2.06%	107.19%
QQQ	1/24/2025	1/31/2025	7	100	$529	$52,900.00	$441.48	$441.48	7	0.83%	43.52%
SPY	1/24/2025	1/31/2025	7	100	$607	$60,700.00	$316.48	$316.48	7	0.52%	27.19%
XLK	1/24/2025	1/31/2025	7	100	$238	$23,750.00	$170.49	$170.49	7	0.72%	37.43%
IBIT	1/22/2025	2/28/2025	37	100	$56	$5,600.00	$272.48	$149.86	15	2.68%	65.12%
QQQ	1/24/2025	2/28/2025	35	100	$500	$50,000.00	$297.48	$163.61	15	0.33%	7.96%
SPY	1/24/2025	2/28/2025	35	100	$580	$58,000.00	$228.48	$125.66	15	0.22%	5.27%
XLK	1/24/2025	2/28/2025	35	100	$233	$23,250.00	$299.48	$164.71	15	0.71%	17.24%
QQQ	1/24/2025	3/7/2025	42	100	$490	$49,000.00	$252.48	$138.86	15	0.28%	6.90%
SPY	1/24/2025	3/7/2025	42	100	$575	$57,500.00	$234.48	$128.96	15	0.22%	5.46%
XLK	1/24/2025	3/7/2025	42	100	$230	$23,000.00	$272.48	$149.86	15	0.65%	15.86%
QQQ	1/24/2025	3/21/2025	56	100	$470	$47,000.00	$226.48	$124.56	15	0.27%	6.45%
SPY	1/24/2025	3/21/2025	56	100	$555	$55,500.00	$220.48	$121.26	15	0.22%	5.32%
XLK	1/24/2025	3/21/2025	56	100	$225	$22,500.00	$269.48	$148.21	15	0.66%	16.03%

Closed CSP Positions

Stock	Opened	ExpDate	Closed	Days	Shrs	Strike	Margin	P/L	ROI	AROI
QQQ	1/7/2025	2/14/2025	1/21/2025	14	100	$475	$47,500.00	$142.97	0.30%	7.85%
QQQ	1/7/2025	2/21/2025	1/21/2025	14	100	$465	$46,500.00	$127.97	0.28%	7.17%
QQQ	1/7/2025	2/28/2025	1/21/2025	14	100	$480	$48,000.00	$227.97	0.47%	12.38%
SPY	1/7/2025	2/14/2025	1/21/2025	14	100	$540	$54,000.00	$127.97	0.24%	6.18%
XLK	1/8/2025	2/28/2025	1/21/2025	13	100	$220	$22,000.00	$168.97	0.77%	21.56%
XLK	1/7/2025	2/14/2025	1/22/2025	15	100	$225	$22,500.00	$154.97	0.69%	16.76%
XLK	1/7/2025	2/21/2025	1/22/2025	15	100	$225	$22,500.00	$184.97	0.82%	20.00%