ExpiredOptions0

I sell options for premiums. I teach people how to sell covered CALLs, PUTs, and how to buy LEAPS to set up the PMCC.

[ExpiredOptions0 @ExpiredOptions0]

@vladtenev @RobinhoodApp
When attempting to exercise a long call (LEAPS) that has an outstanding covered call, the app stops me and incorrectly states that exercising the position would leave an uncovered position. I have to reach out to customer service to exercise my contract.

[ExpiredOptions0 @ExpiredOptions0]

When will we get college softball in the prediction markets?

@RobinhoodComms @vladtenev @RobinhoodApp

[ExpiredOptions0 @ExpiredOptions0]

Received access to Robinhood Social. $HOOD

Yesterday I started to get interest on the $40k collateral and today I got Robinhood Social. They just keep innovating!

[ExpiredOptions0 @ExpiredOptions0]

Does anyone else hate how brokers merge identical options with different histories? 😤

I have a Covered Call rolled 4x (up big) and a fresh one (flat). I roll the old one, and suddenly the platform merges them into one line item. The unique history is lost. How do I know if my strategy is working?

We need persistent strategy IDs that survive the roll. I want to see "Campaign P/L," not just "Tax Lot P/L."

@RobinhoodApp is missing this. @WebullGlobal @IBKR who is building this to win and assist the premium sellers?

@vladtenev @AskRobinhood

[ExpiredOptions0 @ExpiredOptions0]

@RobinhoodApp 🫴

[ExpiredOptions0 @ExpiredOptions0]

@Rainmaker1973 Died before retirement.

[ExpiredOptions0 @ExpiredOptions0]

So many new features!

My favorites:

Robinhood Social
Futures on Legend
Custom indicators powered by Robinhood Cortex
Device linking
Overnight Index Options
Short selling

[Vlad Tenev @vladtenev]

🔴 Live from HOOD Summit in Las Vegas. Options disclosure at https://t.co/llj3ieFCFW
https://t.co/4vXGqbPOos https://t.co/fDxTv5RKt4

[ExpiredOptions0 @ExpiredOptions0]

@RobinhoodApp I am most excited for Robinhood Social. @vladtenev I was in Miami last year and disappointed that I was not invited to Vegas this year.

Please allow me to be part of first users of Robinhood Social.

Robinhood king of innovation.

$HOOD

[Robinhood @RobinhoodApp]

It’s HOOD Summit season. What are you most looking forward to at the event?

Reply and you might just score some swag.

[ExpiredOptions0 @ExpiredOptions0]

@RobinhoodApp Legend is great and I have all my custom widgets dialed in. The only problem is there is no way to export the data. Please make the custom reports exportable!

[ExpiredOptions0 @ExpiredOptions0]

@johnsontradez That sounds good to me, man!

[ExpiredOptions0 @ExpiredOptions0]

The Road to $300k will be posted on r/ExpiredOptions on Reddit going forward.
Thanks!

[ExpiredOptions0 @ExpiredOptions0]

After week 45 the average premium per week is $822 with a projected annual premium of $42,728.

All things considered, the portfolio is up +$66,522 (+29.79%) on the year and up $97,264 (+50.45%) over the last 365 days. This is the overall profit and loss and includes options and all other account activity.

All options sold are backed by cash, shares, or LEAPS. I do not sell on margin, nor do I sell naked options.

All options and profits stay in the account with few exceptions. I took out $17K earlier this year for taxes and various expenses. I replaced some of the $17K with a $9K deposit recently. This is not my full time job, although I wish it was. I still grind on a 9-5.

Added $600 in contributions to the portfolio. This is a 30 week streak of adding at least $500. The additional $100 this week will be an ongoing commitment.

The portfolio is comprised of 95 unique tickers with a value of $192k. I also have 147 open option positions, up from 137 last week. The options have a total value of $98k. The total of the shares and options is $290k.

I’m currently utilizing $38,100 in cash secured put collateral.

I sell options on a weekly basis. I prefer cash secured puts and covered calls. Sometimes I’m ahead of the indexes and sometimes I’m behind. My goal is consistency in option premium revenue.

Performance comparison

1 year performance (365 days)
ME 50.45% |*
Nasdaq 42.37% |
Russell 2000 40.00% |
S&P 500 36.80% |
Dow Jones 28.95% |

YTD performance
Nasdaq 30.62% |
ME 29.79% |*
S&P 500 26.41% |
Russell 2000 19.22% |
Dow Jones 16.64% |

*Taxes are not accounted for in this percentage. The percentage is taken directly from my brokerage account. Although, taxes are a major part of investing, I don’t disclose my personal tax information.

I have been able to increase the premiums on an annual basis and I will attempt to keep this upward trend going forward.

2025 & 2026 & 2027 LEAPS
In addition to the CSPs and covered calls, I purchase LEAPS. These act as collateral to sell covered calls against. You may have heard of poor man’s covered calls(PMCC). The LEAPS are up $12,995 this week and are up $51,958 overall.
See r/ExpiredOptions for a detailed spreadsheet update on all LEAPS positions including P/L for each individual position.

Last year I sold 964 options and I’m at 1,233 year to date.

Total premium by year:
2022 $8,551 in premium |
2023 $22,908 in premium |
2024 $39,976 YTD |

I am over $78k in total options premium, since 2021. I average $24.95 per option sold. I have sold over 3,100 options.

Premium by month
January $1,858 |
February $3,670* |
March $3,727* |
April $2,853* |
May $2,745* |
June $3,749* |
July $3,775* |
August $945 |
September $5,310* |
October $5,839* |
November $2,505 |
*indicates personal record in that month. This means that 8 out of the first 11 months have been a record amount of premium for that month.

Top 5 premium gainers for the year:

HOOD $4,332 |
ARM $1,880 |
AFRM $1,774 |
SHOP $1,682 |
PLTR $1,610 |

Premium in the month of November by year:

November 2022 $9 |
November 2023 $4,814 |
November 2024 $2,505 |

Top 5 premium gainers for the month:

HOOD $691 |
ABNB $295 |
UPST $185 |
TWLO $158 |
SGMO $141 |

The premiums have increased significantly as my experience has expanded over the last three years.

Hope you all had a productive and successful week. Make sure to post your wins. I look forward to reading about them!

[ExpiredOptions0 @ExpiredOptions0]

Week 45 $2,409 in premium 🧵

[ExpiredOptions0 @ExpiredOptions0]

The LEAPS are up $12,995 this week and are up $51,958 overall.

https://t.co/2ym6esnxcp

[ExpiredOptions0 @ExpiredOptions0]

@johnsontradez Appreciate it, Johnson!

[ExpiredOptions0 @ExpiredOptions0]

Day 31 - Road to $300K (daily update)

The previous goal from $217K to $250K (+$33K) was reached in 85 days.

This journey began with $255,027 on 9/28/24

Day over day change +$1,358

Change since journey began +$34,954 (+$1,127.55/day)

Current balance $289,981 (11/8/24)

Still needed $10,019

What am I doing to reach my goal? - Contributing $500/week (Every Friday).
- Selling options.
- Picking quality stocks.
- Keeping my emotions in check. What will I do when I reach my goal?
- Start the road to $350K.

[ExpiredOptions0 @ExpiredOptions0]

@HertzyTrades Thank you, sir!

[ExpiredOptions0 @ExpiredOptions0]

@RomesBlog Congrats!