Option Trade Ideas

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A log of personal trade ideas based on market analysis, focusing on options premium selling strategies. This is for educational and entertainment purposes only.

Performance Dashboard

Total P/L
$0.00
Win Rate
0%
Avg. Profit
$0.00
Avg. Loss
$0.00

Options Trading Log

DEC 11
The Wheel: Sold PUTs on BMNR for Assignment/Premium
Open
Price: $38.13 IV Rank: 35.0% Earnings: 2025-12-18

High IV is yielding attractive short-term premium. The goal is to aggressively capture credit while managing risk. Selling 1 DTE puts at $38 allows for quick premium capture or entry...

  • Strategy:Short Put (The Wheel: Step 1)
  • Expiration (DTE):Dec 12, 2025 (1)
  • Entry Price:$219.0
  • Max Profit:$219.0
Leg Details
SELL PUT$38.0
ROC0.6%
POP60%
Buying Power$11400
Trade Progression Log
  1. Open short put Oct 31

    Action: STO 2 BMNR 11/07 45.00 P

    (P/L: +$278.98)

    Opened 2 contracts at 1.40 for 7 DTE.

  2. Assignment Nov 07

    Action: Assigned 200 shares at strike

    Assigned at $45.

  3. Wheel step: sell covered call Nov 10

    Action: STO 2 BMNR 11/14 47.00 C

    Sold weekly covered call.

  4. Wheel step: call expired worthless Nov 14

    Action: 11/14 47.00 C expired OTM

    (P/L: +$94.99)

    Premium realized.

  5. Wheel step: basis reduction Dec 01

    Action: AUXILIARY: Long Call Vertical 30/35

    (P/L: +$0.0)

    Rescue mission initiated.

  6. Wheel step: basis reduction close Dec 02

    Action: Closed Call Vertical @ Profit

    (P/L: +$374.78)

    Profit applied to basis.

  7. Wheel step: sell covered call Dec 02

    Action: STO 2 BMNR 01/16 50.00 C

    Sold 2x 50 Calls @ $1.55.

  8. Auxiliary: open put spread Dec 02

    Action: STO 5 BMNR 01/16 30/25 Put Vertical

    (P/L: +$0.0)

    Sold 5x Put Credit Spreads.

  9. Auxiliary: close put spread Dec 03

    Action: BTC 5 BMNR 01/16 30.0 P / STC 5 BMNR 01/16 25.0 P

    (P/L: +$99.89)

    Closed Rescue Flight v2. Net Profit $99.89.

  10. Close Dec 04

    Action: STC 200 Shares BMNR @ 33.23

    (P/L: $-2354.0)

    STRATEGY PIVOT: Stop Loss triggered on Stock. Realized ~$2.3k loss to free capital.

  11. Adjustment Dec 04

    Action: STO 2 BMNR 01/16/26 30.00 P

    Super Bull Leg 1: Sold 2x Puts @ 3.15 (Merged execution).

  12. Adjustment Dec 04

    Action: BTO 2 BMNR 01/15/27 30.00 C

    Super Bull Leg 2: Bought 2x LEAPS @ 16.40 for stock replacement.

  13. Adjustment Dec 05

    Action: BTC 2 BMNR 01/16/26 50.00 C

    (P/L: +$0.98)

    Closed lingering Short Calls from Dec 2. Scratch/Tiny Profit.

  14. Close Dec 09

    Action: STC 2 Jan'27 30C @ 20.55 / BTC 2 Jan'26 30P @ 1.56

    (P/L: +$1145.96)

    CLOSED SUPER BULL. Perfect Execution. Net +$1,146 realized.

  15. Auxiliary: buy shares Dec 09

    Action: BTO 200 Shares BMNR @ 39.58

    (P/L: +$0.0)

    Re-Entry: Bought 200 shares to restart Wheel logic.

  16. Wheel step: sell covered call Dec 09

    Action: STO 2 BMNR Dec 19 40.0 C @ 2.60

    (P/L: +$0.0)

    Sold aggressive 10-day calls. Breakeven lowered to 36.98.

  17. Close Dec 11

    Action: BTC 2 Dec 19 40.0 C @ 1.99 / STC 200 Shares BMNR @ 39.10

    (P/L: +$26.56)

    Closed stock ($39.58 entry) and call ($2.60 credit) to lock in call profit and free up capital after quick stock drop. Net $156.02 loss on this 2-day covered call cycle.

  18. Wheel step: open short put Dec 11

    Action: STO 3 BMNR Dec 12 38.00 P @ 0.73

    Pivoted to selling 3x 1-DTE puts to collect premium ($219) or get assigned at a low effective cost basis of $37.27 to restart covered call strategy.

Chart
Management Plan

1. If Stock > $38 on Dec 12: Put expires worthless. Keep $219 premium. Re-evaluate for new short puts (or calls if buying shares outright). 2. If Stock < $38: Accept assignment of 300 shares at $38.00. Net cost basis will be $37.27, enabling the next covered call cycle.

DEC 10
BMNR Short Strangle - 1-Day Close
Closed
Price: $39.17 IV Rank: 25.3% Earnings: Q1 2026 Est.

High premium collection on BMNR's extreme implied volatility. The goal was to capture maximum theta decay and volatility crush quickly, which was successfully executed by closing the entire position the...

  • Strategy:Short Strangle (Closed)
  • Expiration (DTE):Jan 16, 2026 (0)
  • Entry Price:$8.41
  • Max Profit:$0.0
Leg Details
SELL PUT$32.0
SELL CALL$40.0
ROC0.0%
POP100%
Buying Power$0
Trade Progression Log
  1. Open short put Dec 09

    Action: STO 1 BMNR Jan 16, 2026 32 Put @ 2.83

    (P/L: +$0.0)

    Opened Short Put leg (Net Credit: $282.89).

  2. Open short call Dec 09

    Action: STO 1 BMNR Feb 20, 2026 40 Call @ 5.58

    (P/L: +$0.0)

    Opened Short Call leg (Net Credit: $557.89).

  3. Close Dec 10

    Action: BTC 1 BMNR Feb 20, 2026 40 Call @ 7.17

    (P/L: +$158.78)

    Closed Short Call for a profit ($158.78 realized gain).

  4. Close Dec 10

    Action: BTC 1 BMNR Jan 16, 2026 32 Put @ 1.92

    (P/L: +$90.78)

    Closed Short Put for a profit ($90.78 realized gain).

Chart
Management Plan

The management plan was completed by closing the entire position (100% profit realized in a single day).

DEC 09
Earnings Put BWB on ORCL
Open
Price: $217.5 IV Rank: 65.0% Earnings: 2025-12-10

High IV ahead of earnings allows structuring this 5-wide/10-wide Butterfly for a Net Credit. We are positioning for a neutral-to-bullish move, or a slight pullback to 200, while removing all...

  • Strategy:Broken Wing Butterfly
  • Expiration (DTE):Jan 23, 2026 (45)
  • Entry Price:$1.04
  • Max Profit:$604.0
Leg Details
SELL PUT$200.0
BUY PUT$190.0
ROC152.0%
POP85%
Buying Power$396
Trade Progression Log
  1. Open short put Dec 09

    Action: Opened +1 205P / -2 200P / +1 190P BWB

    (P/L: +$0.0)

    Opened for Net Credit of $1.04. Risk Free to upside > 205.

Chart
Management Plan

Take profit at 25-50% of max profit potential if early, or hold for the pin if price drifts to 200. Bail if price violates 194.

DEC 03
Aggressive Bullish Put Vertical on CPB
Closed
Price: $30.01 IV Rank: 89.3% Earnings: N/A

High volatility allows for an aggressive bullish skew. By selling the 32/30 vertical for $1.25, the trade risks only $0.75 to make $1.25. However, because the short strike (32) is...

  • Strategy:Short Put Vertical
  • Expiration (DTE):Jan 16, 2026 (44)
  • Entry Price:$1.25
  • Max Profit:$125.0
Leg Details
SELL PUT$32.0
BUY PUT$30.0
ROC166.7%
POP40%
Buying Power$75
Trade Progression Log
  1. Open short put Dec 03

    Action: STO Jan 16 32/30 Put Vertical

    (P/L: +$0.0)

    Filled at $1.25 credit. Defined risk trade with $75 capital requirement per spread.

  2. Close Dec 08

    Action: BTC 32 Put @ 2.72 / STC 30 Put @ 1.42

    (P/L: $-0.05)

    Closed for a minimal loss ($0.05 per contract). The spread widened slightly against the position as the required bullish move did not materialize quickly enough.

Chart
Management Plan

This is a directional trade. Manage early if CPB fails to break $31 within 21 days. Take profit at 50% of max profit ($62.50) if the move happens quickly.

DEC 03
Iron Condor on GLD
Closed
Ladder Strategy Iron Condor
Price: $386.35 IV Rank: 43.1% Earnings: N/A

Volatility play on Gold. Selling aggressive 25 Delta Call side to finance high credit collection (37% of width).

  • Strategy:Iron Condor
  • Expiration (DTE):Jan 16, 2026 (44)
  • Entry Price:$1.87
  • Max Profit:$187.0
Leg Details
SELL CALL $408.0 Jan 16
BUY CALL $413.0 Jan 16
SELL PUT $367.0 Jan 16
BUY PUT $362.0 Jan 16
ROC59.7%
POP0%
Buying Power$313
Trade Progression Log
  1. Open trade Dec 03

    Action: Opened Position

    (P/L: +$0.0)

    Filled at 1:05 PM ET. Collected $1.87 credit.

  2. Close Dec 08

    Action: BTC Jan 16 (367P/408C) / STC Jan 16 (362P/413C)

    (P/L: +$20.12)

    Closed early for $1.62 Debit. Total Net Profit $20.12 after fees. 13% of max profit captured in 5 days.

Chart
Management Plan

GTC Limit Order set to close @ $0.94. Monitor 408 Short Call (25 Delta) for pressure.

DEC 04
Bullish Risk Reversal on BMNR
Closed
Speculative Equity
Price: $0 IV Rank: 38% Earnings: 2025-12-18

Super Bullish: Financing long-term upside (LEAPS) by selling near-term downside put premium.

  • Strategy:Risk Reversal
  • Expiration (DTE):Jan 23, 2026 (50)
  • Entry Price:$8
  • Max Profit:$Unlimited
Leg Details
SELL PUT $30 Jan 23
BUY CALL $50 Jan 15
ROC0%
POP50%
Buying Power$2403
Trade Progression Log
  1. Open trade Dec 04

    Action: STO Jan'26 30 Put / BTO Jan'27 50 Call

    (P/L: +$0)

    Entry filled. Net Debit 8.00.

  2. Close Dec 08

    Action: BTC Jan'26 30 Put @ 3.00 / STC Jan'27 50 Call @ 12.45

    (P/L: +$145)

    Closed full position for a quick 18% return on risk in 4 days.

Chart
Management Plan

Monitor the Short Put (Jan '26). If tested, roll out in time. The Long Call is a long-term hold.

DEC 05
Long Call Calendar on /MESH6
Closed
Ladder Strategy Calendar Spread
Price: 6906.5 IV Rank: 16.1% Earnings: N/A

Trade closed early. Volatility expansion in back month allowed for a net credit close higher than debit paid.

  • Strategy:Calendar Spread
  • Expiration (DTE):Jan 16, 2026 (42)
  • Entry Price:50.5
  • Max Profit:$0.0
Leg Details
SELL CALL 7000.0 Jan 16
BUY CALL 7000.0 Feb 20
ROC1.6%
POP0%
Buying Power$0
Trade Progression Log
  1. Open trade Dec 01

    Action: Opened Position

    Filled at 50.50 Debit. Mid-price fill achieved via walk-up.

  2. Close Dec 05

    Action: STC Long Leg / BTC Short Leg

    (P/L: +$4.16)

    Closed for a net profit of $4.16 after 4 days. Net spread basis improved from 2.52 debit to 2.61 credit.

Chart
Management Plan

Position Closed.

DEC 02
Short Put Vertical on BMNR
Closed
Ladder Strategy Vertical
Price: $32.52 IV Rank: 37.8% Earnings: N/A

Aggressive directional play. Capitalizing on credit inversion (Credit > Risk). [WARNING: Position size violated 50% Rule and Concentration Rule].

  • Strategy:Vertical
  • Expiration (DTE):Jan 16, 2026 (45)
  • Entry Price:$1.21
  • Max Profit:$2420.0
Leg Details
SELL PUT $34.0 Jan 16
BUY PUT $32.0 Jan 16
ROC153.2%
POP0%
Buying Power$1580
Trade Progression Log
  1. Open trade Dec 02

    Action: Opened Position

    Filled 20 contracts (High Risk).

  2. Close trade Dec 03

    Action: Closed Position

    (P/L: +$75.38)

    Manual override to reduce risk. Bought back 34 Put @ 5.44, Sold 32 Put @ 4.27. Net Debit 1.17.

Chart
Management Plan

EMERGENCY EXIT: Position closed early due to excessive risk concentration.

DEC 01
Short Strangle on /NQ
Closed
Ladder Strategy Strangle
Price: 25550.0 IV Rank: 45.0% Earnings: N/A

High IV play on Nasdaq. Neutral assumption. Managed for Time/Gamma risk.

  • Strategy:Strangle
  • Expiration (DTE):Dec 19, 2025 (43)
  • Entry Price:436.75
  • Max Profit:$8735.0
Leg Details
SELL CALL 27100.0 Dec 19
SELL PUT 24000.0 Dec 19
ROC0.4%
POP0%
Buying Power$14500
Trade Progression Log
  1. Open trade Nov 06

    Action: Opened Position

    Filled: Sold 27100 Call / 24000 Put.

  2. Adjust roll Nov 07

    Action: Rolled Position

    Defense 1: Rolled Call down to reduce Delta.

  3. Adjust roll Nov 14

    Action: Rolled Position

    Defense 2: Rolled Call down further. Tightened Strangle.

  4. Close trade Dec 01

    Action: Closed Position

    (P/L: +$6442.0)

    Strategy Exit: Closed at 18 DTE (inside 21-day window). Bought back Strangle (25400/24000). Total Credits: $17,525. Debit Paid: $11,065.

Chart
Management Plan

Mandatory exit at 21 DTE to avoid Gamma risk. Position closed at 18 DTE.

NOV 19
Long Call Diagonal Spread on NVO
Closed
Price: $47.57 IV Rank: 79.9% Earnings: 2026-02-04

High IVR setup. Quick reversal allowed for immediate profit taking.

  • Strategy:Long Call Diagonal Spread
  • Expiration (DTE):Jan 02, 2026 (44)
  • Entry Price:$-2.45
  • Max Profit:$9999.99
Leg Details
SELL CALL$52.0
BUY CALL$50.0
ROC17.1%
POP50%
Buying Power$245
Trade Progression Log
  1. Open long call diagonal Nov 19

    Action: STO 1 NVO Nov 21 52C @ 0.52; BTO 1 NVO Jan 2 50C @ 2.97

    (P/L: +$0.0)

    Opened a Debit Diagonal Call Spread. Cost Basis: $245.

  2. Close Nov 19

    Action: BTC 1 NVO Nov 21 52C & STC 1 NVO Jan 2 50C

    (P/L: +$42.0)

    Closed for net credit $2.87. Realized Profit: $42.00.

Chart
Management Plan

Closed for quick profit.

NOV 19
Long Call Calendar Spread on NVDA (Earnings Play)
Closed
Price: $182.15 IV Rank: 38.0% Earnings: 2025-11-19 (After Close)

The aggressive volatility play worked: the IV crush post-earnings caused the short 195 Call (2 DTE) to lose value faster than the long 195 Call, creating a net gain in...

  • Strategy:Calendar Spread (Long Call)
  • Expiration (DTE):Jan 02, 2026 (44)
  • Entry Price:$-5.61
  • Max Profit:$9999.99
Leg Details
SELL CALL$195.0
BUY CALL$195.0
ROC5.5%
POP50%
Buying Power$561
Trade Progression Log
  1. Open long call calendar Nov 19

    Action: STO 1 NVDA Nov 21 195C @ 2.85; BTO 1 NVDA Jan 2 195C @ 8.46

    (P/L: +$0.0)

    Opened an earnings-sensitive Debit Calendar Spread. Cost Basis: $561.00.

  2. Close Nov 20

    Action: BTC 1 NVDA Nov 21 195C & STC 1 NVDA Jan 2 195C

    (P/L: +$31.0)

    The entire calendar spread was closed post-earnings (Nov 20) for a net credit of $5.92. This realized a profit of $31.00.

Chart
Management Plan

The original plan was executed: close immediately post-earnings to capture the IV crush profit.

NOV 10
Call Debit Spread on CSCO
Closed
Price: $72.17 IV Rank: 76.67% Earnings: 2025-11-12

This is a journal entry for an existing long call vertical spread, entered on 2025-11-10. The position is bullish, risking $370 (the net debit) to make a potential $630 if...

  • Strategy:Call Debit Spread
  • Expiration (DTE):Jan 16, 2026 (67)
  • Entry Price:$-3.7
  • Max Profit:$630.0
Leg Details
SELL CALL$80.0
BUY CALL$70.0
ROC170.3%
POP0%
Buying Power$370
Trade Progression Log
  1. Open vertical spread Nov 10

    Action: BTO 70 Call @ 4.63 & STO 80 Call @ 0.93

    (P/L: +$0.0)

    Opened 1-lot Long Call Vertical Spread (70/80) for a net debit of $3.70 (plus $1.02 fees).

  2. Close Nov 12

    Action: STC 70 Call @ 5.37 & BOT 80 Call @ 1.20

    (P/L: +$44.96)

    Closed the entire 1-lot Call Vertical Spread for a net credit of $4.17. The trade realized a profit of $44.96 ($47.00 gross P&L - $2.04 commissions) over 2 days.

Chart
Management Plan

Standard management for a debit spread: Max profit is realized if the price is at or above the short strike ($80) at expiration. Max loss ($370) occurs if the price is at or below the long strike ($70) at expiration.

NOV 07
Short Put on MRNA
Closed
Price: $24.13 IV Rank: 29.0% Earnings: 2025-11-06

The stock has high implied volatility even post-earnings. Selling an out-of-the-money put with a strike of $26.00 allows for substantial premium collection, positioning the short strike relatively close to the...

  • Strategy:Short Put
  • Expiration (DTE):Dec 19, 2025 (42)
  • Entry Price:$3.3
  • Max Profit:$330.0
Leg Details
SELL PUT$26.0
ROC12.7%
POP0%
Buying Power$2600
Trade Progression Log
  1. Open short put Nov 07

    Action: STO 1 Short Put (Cash-Secured)

    (P/L: +$0.0)

    Initial trade entry.

  2. Close Nov 10

    Action: BOT 1 Short Put

    (P/L: +$5.0)

    Closed trade to lock in a $5.00 profit. (Credit: $3.30, Debit: $3.25)

Chart
Management Plan

Standard management plan: Target 50% profit, or manage at 21 DTE.

NOV 05
Short Strangle on MNQ (Micro E-mini Nasdaq-100 Futures)
Closed
Price: $25744.0 IV Rank: 40.0% Earnings: N/A

The trade is a non-directional, high-probability setup on the highly liquid MNQ futures, leveraging the broker's favorable margin treatment for the short strangle. The wide strikes (23300 Put and 27500...

  • Strategy:Short Strangle
  • Expiration (DTE):Dec 19, 2025 (44)
  • Entry Price:$578.0
  • Max Profit:$578.0
Leg Details
SELL PUT$23300.0
SELL CALL$27500.0
ROC23.6%
POP75%
Buying Power$2450
Trade Progression Log
  1. Close Nov 06

    Action: BOT +1 STRANGLE

    (P/L: +$23.0)

    Closed for a $555.00 debit, realizing a $23.00 net profit (based on $578.00 initial credit) in less than 24 hours.

Chart
Management Plan

Standard management plan: Target 50% profit of the net credit as a winner (buy back for 289.00). Roll the entire position to a new 45 DTE cycle if 21 DTE is reached, or if the delta of the tested leg exceeds 0.40.

NOV 05
Covered Short Strangle on BMNR
Closed
Price: $41.69 IV Rank: 18.64% Earnings: N/A

The existing position suggests a short-term forecast for BMNR to remain relatively stable and close between the 41 and 42 strikes by expiration. The short call is covered by the...

  • Strategy:Covered Short Strangle
  • Expiration (DTE):Nov 07, 2025 (2)
  • Entry Price:$2.43
  • Max Profit:$243.0
Leg Details
SELL PUT$41.0
SELL CALL$42.0
ROC0.1%
POP68%
Buying Power$4100
Trade Progression Log
  1. Close Nov 05

    Action: Full Liquidation (Sold Stock + Closed Put)

    (P/L: +$31.0)

    Closed 41 Put for $0.99 debit. Sold stock at $40.56. Options profit ($144.00) offset stock loss (-$113.00) for a $31.00 total net profit.

Chart
Management Plan

The short DTE mandates aggressive management. Target 80% of max profit, or close immediately if the stock challenges the 41 put (as this will increase risk significantly and requires rolling the short put or accepting assignment).

NOV 04
Short Put on MRNA (Earnings Play)
Closed
Price: $23.83 IV Rank: 96.0% Earnings: 2025-11-06

This is an aggressive, high-premium weekly short put timed to capture high implied volatility (IV Rank 96.00%) directly through an earnings event on Nov 6. The trade expires the day...

  • Strategy:Short Put
  • Expiration (DTE):Nov 07, 2025 (3)
  • Entry Price:$0.37
  • Max Profit:$37.0
Leg Details
SELL PUT$22.0
ROC1.7%
POP79%
Buying Power$2200
Trade Progression Log
  1. Close Nov 05

    Action: BOT +1 MRNA 7 NOV 22 PUT

    (P/L: +$2.0)

    Closed for $0.35 debit (initial credit $0.37) for a $2.00 profit before earnings.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

NOV 03
Short Put on MRNA
Closed
Price: $25.42 IV Rank: 66.55% Earnings: 2025-11-06

Based on the provided trade data, this is an aggressive, high-premium weekly short put. With an IV Rank of 66.55%, volatility is high, making premium selling attractive. With only 4...

  • Strategy:Short Put
  • Expiration (DTE):Nov 07, 2025 (4)
  • Entry Price:$0.53
  • Max Profit:$53.0
Leg Details
SELL PUT$24.0
ROC2.2%
POP69%
Buying Power$2400
Trade Progression Log
  1. Close Nov 04

    Action: BOT +1 MRNA 7 NOV 24 PUT

    (P/L: +$19.0)

    Closed for $0.34 debit (initial credit $0.53) for a $19.00 profit (35.8% of max).

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 31
Delta-Skewed Short Iron Condor on META
Closed
Price: $648.69 IV Rank: 26.3% Earnings: 2025-10-29

META is trading post-earnings, which often leads to a volatility contraction. We are selling an Iron Condor to profit from the stock staying range-bound. The trade is intentionally skewed with...

  • Strategy:Delta-Skewed Short Iron Condor
  • Expiration (DTE):Dec 19, 2025 (49)
  • Entry Price:$7.07
  • Max Profit:$707.0
Leg Details
SELL PUT$645.0
BUY PUT$635.0
SELL CALL$650.0
BUY CALL$655.0
ROC241.3%
POP71%
Buying Power$293
Trade Progression Log
  1. Close Nov 03

    Action: BOT +1 IRON CONDOR

    (P/L: +$26.0)

    Closed for $6.81 net debit (initial credit $7.07) for a $26.00 profit.

Chart
Management Plan

Standard management plan: Target 50% profit ($353.50) to close the position. If the profit target is not met, manage at 21 DTE by rolling the entire unchallenged side (likely the call spread) closer to the money, or rolling the entire position out to a later expiration date for an additional credit.

OCT 24
Short Put on BMNR
Closed
Price: $50.29 IV Rank: 15.0% Earnings: N/A

High implied volatility (IV) is a core component of premium selling, and BMNR's low IV Rank of 15% makes it sub-optimal for a standard high-probability trade. However, the high annualized...

  • Strategy:Short Put
  • Expiration (DTE):Oct 31, 2025 (7)
  • Entry Price:$1.2
  • Max Profit:$120.0
Leg Details
SELL PUT$47.0
ROC2.6%
POP73%
Buying Power$4700
Trade Progression Log
  1. Close Oct 31

    Action: Expired Worthless (OTM)

    (P/L: +$120.0)

    Position expired worthless, capturing 100% of the $120.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 24
Short Put on MRNA
Closed
Price: $26.85 IV Rank: 70.0% Earnings: 2025-11-06

MRNA's Implied Volatility Rank is high at 70%, which makes the current options premiums rich and favorable for a premium-selling strategy. We are executing a weekly Short Put (The Wheel...

  • Strategy:Short Put
  • Expiration (DTE):Oct 31, 2025 (7)
  • Entry Price:$0.49
  • Max Profit:$49.0
Leg Details
SELL PUT$26.0
ROC1.9%
POP65%
Buying Power$2600
Trade Progression Log
  1. Close Oct 31

    Action: Expired Worthless (OTM)

    (P/L: +$49.0)

    Position expired worthless, capturing 100% of the $49.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 24
Short Put on SMCI
Closed
Price: $48.88 IV Rank: 18.31% Earnings: 2025-11-04

This is a 7-DTE short put trade intended for a weekly 'Wheel' strategy. The 42.50 strike has an 88% probability of profit (based on the 0.12 delta) and offers a...

  • Strategy:Short Put
  • Expiration (DTE):Oct 31, 2025 (7)
  • Entry Price:$0.3
  • Max Profit:$30.0
Leg Details
SELL PUT$42.5
ROC0.7%
POP88%
Buying Power$4250
Trade Progression Log
  1. Close Oct 31

    Action: Expired Worthless (OTM)

    (P/L: +$30.0)

    Position expired worthless, capturing 100% of the $30.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 23
Short Put on APLD
Closed
Price: $32.65 IV Rank: 0.0% Earnings: N/A

With only 1 day until expiration, this trade sells an out-of-the-money put at the 29.00 strike, 11% below the current stock price of 32.65. The goal is to profit from...

  • Strategy:Short Put
  • Expiration (DTE):Oct 24, 2025 (1)
  • Entry Price:$0.12
  • Max Profit:$12.0
Leg Details
SELL PUT$29.0
ROC0.4%
POP94%
Buying Power$2900
Trade Progression Log
  1. Close Oct 24

    Action: Expired Worthless (OTM)

    (P/L: +$12.0)

    Position expired worthless, capturing 100% of the $12.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 22
Short Put on BMNR
Closed
Price: $48.11 IV Rank: 50.0% Earnings: N/A

High implied volatility (IV Rank assumed to be favorable) and a very short duration (2 DTE) make BMNR an ideal candidate for selling premium. We are selling the 42.00 strike...

  • Strategy:Short Put
  • Expiration (DTE):Oct 24, 2025 (2)
  • Entry Price:$0.25
  • Max Profit:$25.0
Leg Details
SELL PUT$42.0
ROC0.6%
POP88%
Buying Power$4200
Trade Progression Log
  1. Close Oct 24

    Action: Expired Worthless (OTM)

    (P/L: +$25.0)

    Position expired worthless, capturing 100% of the $25.00 max profit.

Chart
Management Plan

Target 80% of daily profit potential, or manage at expiration. If the stock price drops and threatens the strike price, be prepared for assignment of 100 shares at the 42.00 strike, initiating the first step of the 'Wheel' strategy.

OCT 21
Short Put on MRNA
Closed
Price: $27.2 IV Rank: 0.0% Earnings: N/A

This is a short-term (3 DTE) trade targeting premium decay. Selling the 26 strike put collects premium while offering a 1.23% return on the full notional capital. The high annualized...

  • Strategy:Short Put
  • Expiration (DTE):Oct 24, 2025 (3)
  • Entry Price:$0.32
  • Max Profit:$32.0
Leg Details
SELL PUT$26.0
ROC1.2%
POP75%
Buying Power$2600
Trade Progression Log
  1. Close Oct 24

    Action: Expired Worthless (OTM)

    (P/L: +$32.0)

    Position expired worthless, capturing 100% of the $32.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 21
Short Put on B
Closed
Price: $31.95 IV Rank: 0.0% Earnings: N/A

With B trading at $31.95, this trade initiates a short put at the $30 strike, which is out-of-the-money. The strategy aims to capture the $17 premium in 3 days, representing...

  • Strategy:Short Put
  • Expiration (DTE):Oct 24, 2025 (3)
  • Entry Price:$0.17
  • Max Profit:$17.0
Leg Details
SELL PUT$30.0
ROC0.6%
POP86%
Buying Power$3000
Trade Progression Log
  1. Close Oct 24

    Action: Expired Worthless (OTM)

    (P/L: +$17.0)

    Position expired worthless, capturing 100% of the $17.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 17
Short Put on BMNR
Closed
Price: $49.78 IV Rank: 55.0% Earnings: N/A

With a high implied volatility rank (assumed > 50 based on the premium available), BMNR is a strong candidate for premium selling. This strategy aims to collect premium by selling...

  • Strategy:Short Put
  • Expiration (DTE):Oct 24, 2025 (7)
  • Entry Price:$1.02
  • Max Profit:$102.0
Leg Details
SELL PUT$45.0
ROC2.3%
POP80%
Buying Power$4500
Trade Progression Log
  1. Close Oct 24

    Action: Expired Worthless (OTM)

    (P/L: +$102.0)

    Position expired worthless, capturing 100% of the $102.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

DEC 02
Short Put on MRNA
Closed
Price: $27.98 IV Rank: 50.0% Earnings: 2025-11-06

With an upcoming earnings announcement in November and high implied volatility, selling a short-dated put option on MRNA allows us to collect a significant premium. The chosen $26.5 strike is...

  • Strategy:Short Put
  • Expiration (DTE):Oct 17, 2025 (1)
  • Entry Price:$0.16
  • Max Profit:$16.0
Leg Details
SELL PUT$26.5
ROC0.6%
POP87%
Buying Power$2650
Trade Progression Log
  1. Close Oct 17

    Action: Expired Worthless (OTM)

    (P/L: +$16.0)

    Position expired worthless, capturing 100% of the $16.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 15
Short Put on ARKK
Closed
Price: $88.63 IV Rank: 90.0% Earnings: N/A

The implied volatility (IV) for ARKK is currently in the 90th percentile, which is considered high. This presents a favorable opportunity to sell options and collect rich premiums. The trade...

  • Strategy:Short Put
  • Expiration (DTE):Oct 17, 2025 (2)
  • Entry Price:$1.35
  • Max Profit:$135.0
Leg Details
SELL PUT$88.0
ROC1.5%
POP58%
Buying Power$8800
Trade Progression Log
  1. Close Oct 17

    Action: Expired Worthless (OTM)

    (P/L: +$135.0)

    Position expired worthless, capturing 100% of the $135.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 14
Short Put on BMNR
Closed
Price: $53.05 IV Rank: 23.0% Earnings: N/A

Implied Volatility Rank for BMNR is low at 23.23% as of October 10, 2025. It is typically not a good candidate for premium selling. However, the annualized return for a...

  • Strategy:Short Put
  • Expiration (DTE):Oct 17, 2025 (3)
  • Entry Price:$1.0
  • Max Profit:$100.0
Leg Details
SELL PUT$50.0
ROC2.0%
POP70%
Buying Power$5000
Trade Progression Log
  1. Close Oct 17

    Action: Expired Worthless (OTM)

    (P/L: +$100.0)

    Position expired worthless, capturing 100% of the $100.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 08
Short Put on WDC
Closed
Price: $125.28 IV Rank: % Earnings: N/A

Implied volatility in the short-term WDC options chain allows for selling a weekly put that generates a high annualized return on capital. The 116 strike has a delta of approximately...

  • Strategy:Short Put
  • Expiration (DTE):Oct 10, 2025 (4)
  • Entry Price:$0.73
  • Max Profit:$73.0
Leg Details
SELL PUT$116.0
ROC0.6%
POP87%
Buying Power$11600
Trade Progression Log
  1. Close Oct 10

    Action: Expired Worthless (OTM)

    (P/L: +$73.0)

    Position expired worthless, capturing 100% of the $73.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit, manage at 21 DTE, or close at 80% daily profit for weeklies.

OCT 03
Short Put on BMNR
Closed
Price: $56.26 IV Rank: 0.0% Earnings: N/A

While a specific IV Rank is not available from the provided data, the recent price chart for BMNR shows a massive volatility spike in July 2025. The current environment represents...

  • Strategy:Short Put
  • Expiration (DTE):Oct 10, 2025 (7)
  • Entry Price:$1.13
  • Max Profit:$113.0
Leg Details
SELL PUT$52.0
ROC2.2%
POP76%
Buying Power$5200
Trade Progression Log
  1. Close Oct 10

    Action: Expired Worthless (OTM)

    (P/L: +$113.0)

    Position expired worthless, capturing 100% of the $113.00 max profit.

Chart
Management Plan

Standard management plan: Target 50% profit or manage at 21 DTE.

OCT 01
Short Put on MRNA
Closed
Price: $25.0 IV Rank: 49.0% Earnings: Early November 2025

MRNA is down significantly for the year, but its improved product pipeline and market skew (OTM calls trading over puts) suggest optimism. With a high IV Rank of 49%, its...

  • Strategy:Short Put
  • Expiration (DTE):Oct 31, 2025 (30)
  • Entry Price:$0.8
  • Max Profit:$80.0
Leg Details
SELL PUT$22.0
ROC3.6%
POP87%
Buying Power$2200
Trade Progression Log
  1. Close Oct 31

    Action: Expired Worthless (OTM)

    (P/L: +$80.0)

    Position expired worthless, capturing 100% of the $80.00 max profit.

Chart
Management Plan

The analysis notes an 87% probability of achieving 50% of max profit, aligning with the standard management plan to target 50% profit or manage the trade near 21 DTE.