May 2026 options recap ๐
25 positions. 100% win rate. +$7,041 net.
2026 running total: +$14,979 across 61 positions.
QCOM alone generated +$2,068 across 3 diagonals:
โ $180C spread: +$1,041 in 3 days
โ $190C spread: +$526 in 11 days
โ $200C spread: +$501 in 3 days
A note on the win rate: several positions showed negative P&L for the month in isolation. But every one of them was the final close of a roll chain that had already collected more than enough premium in prior months. Viewed end-to-end, every chain closed profitable.
That's the real power of rolling โ the premium compounds across months, and the final close is just the last chapter of a winning trade.
Avg hold: 11 days (down from 21 in Q1)
Full breakdown โ https://t.co/Rx6F0Vzj21
$QCOM $CRCL $ORCL $CRWV $BABA $IBM $RDDT $COIN
#OptionsTrading #PMCC #DiagonalSpread #OptionSelling #TradingRecap
Poor Man's Covered Call (PMCC) โ Round 2
$INTC | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $100 Call (LEAPS) @ $45.92
๐ด Sell to Open: 1x Jul 17, 2026 $150 Call @ $6.22
๐ต Net Debit: $3,970
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #INTC
Poor Man's Covered Call (PMCC) โ Round 2
$RKLB | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $80 Call (LEAPS) @ $42.75
๐ด Sell to Open: 1x Jul 17, 2026 $130 Call @ $6.55
๐ต Net Debit: $3,620
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #RKLB
Closed โ $INTC | PMCC โ Full Position Closed
๐ด Sell to Close: Jan 15, 2027 $100 Call @ $45.00/share
๐ต Cost Basis After Roll: $3,912
๐ Profit: $588
๐ Return: 15.03%
๐ Annualized Return: 171.5% (held 32 days)
Active management on the short call helped lock in a strong profit on this one. ๐ช
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #INTC
Closed the Short Call โ $INTC
๐ข Buy to Close: 1x Jun 18, 2026 $150 Call @ $27
๐ต Updated Cost Basis: $3,912
๐ข Still Open: Jan 15, 2027 $100 Call (LEAPS)
Not much premium left on this one โ closing it out and will sell a new call with higher premium soon. Stay tuned! ๐
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #INTC
Poor Man's Covered Call (PMCC) โ Round 2
$RKLB | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $80 Call (LEAPS) @ $42.75
๐ด Sell to Open: 1x Jul 17, 2026 $130 Call @ $6.55
๐ต Net Debit: $3,620
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #RKLB
Closed the Short Call โ $CRCL
๐ข Buy to Close: 1x Jun 18, 2026 $145 Call @ $4
๐ต Updated Cost Basis: $3,954
๐ข Still Open: Jan 15, 2027 $95 Call (LEAPS)
Not much premium left on this one โ closing it out and will sell a new call with higher premium soon. Stay tuned! ๐
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #CRCL
Poor Man's Covered Call (PMCC) โ Round 3
$CRCL | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $95 Call (LEAPS) @ $46.27
๐ด Sell to Open: 1x Jun 18, 2026 $145 Call @ $6.77
๐ต Net Debit: $3,950
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #CRCL
Poor Man's Covered Call (PMCC)
$RKLB | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $90 Call (LEAPS) @ $41.10
๐ด Sell to Open: 1x Jul 17, 2026 $140 Call @ $5.70
๐ต Net Debit: $3,540
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #RKLB
Closed the Short Call โ $OKLO
๐ข Buy to Close: 1x Jun 18, 2026 $90 Call @ $5
๐ต Updated Cost Basis: $2,600
๐ข Still Open: Jan 15, 2027 $55 Call (LEAPS)
Not much premium left on this one โ closing it out and will sell a new call with higher premium soon. Stay tuned! ๐
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #OKLO
Poor Man's Covered Call (PMCC) โ Roll
$OKLO | New Short Call
๐ Buy to Close: 1x May 15, 2026 $90 Call
๐ด Sell to Open: 1x Jun 18, 2026 $90 Call
๐ฐ Additional Credit: $445
๐ต Updated Cost Basis: $2,595
๐ข Still Open: Jan 15, 2027 $55 Call (LEAPS)
Continuing to collect premium to reduce cost basis. ๐ช
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #OKLO
Cash Secured Put (CSP) โ Roll
$HOOD | $85 Strike to $83 Strike
๐ Buy to Close: 1x May 15, 2026 $85 Put
๐ด Sell to Open: 1x Jun 12, 2026 $83 Put
๐ฐ Additional Credit: $20
๐ Total Credit Received: $670
Keeping the position alive and collecting more premium. ๐ช
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #CashSecuredPuts #HOOD
Closed the Short Call โ $INTC
๐ข Buy to Close: 1x Jun 18, 2026 $150 Call @ $27
๐ต Updated Cost Basis: $3,912
๐ข Still Open: Jan 15, 2027 $100 Call (LEAPS)
Not much premium left on this one โ closing it out and will sell a new call with higher premium soon. Stay tuned! ๐
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #INTC
Poor Man's Covered Call (PMCC)
$INTC | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $100 Call (LEAPS) @ $47.08
๐ด Sell to Open: 1x Jun 18, 2026 $150 Call @ $8.23
๐ต Net Debit: $3,885
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #INTC
Poor Man's Covered Call (PMCC)
$RKLB | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $90 Call (LEAPS) @ $41.10
๐ด Sell to Open: 1x Jul 17, 2026 $140 Call @ $5.70
๐ต Net Debit: $3,540
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #RKLB
Poor Man's Covered Call (PMCC) โ Round 2
$MRVL | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $200 Call (LEAPS) @ $99.10
๐ด Sell to Open: 1x Jul 17, 2026 $320 Call @ $14.40
๐ต Net Debit: $8,470
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #MRVL
Poor Man's Covered Call (PMCC) โ Round 2
$MRVL | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $200 Call (LEAPS) @ $99.10
๐ด Sell to Open: 1x Jul 17, 2026 $320 Call @ $14.40
๐ต Net Debit: $8,470
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #MRVL
Poor Man's Covered Call (PMCC) โ Round 2
$GLW | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $150 Call (LEAPS) @ $70.77
๐ด Sell to Open: 1x Jul 2, 2026 $220 Call @ $8.52
๐ต Net Debit: $6,225
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #GLW
Closed โ $MRVL | PMCC โ Full Position Closed
๐ด Sell to Close: Both Legs @ $112.00/share
๐ต Initial Outlay: $10,840
๐ Profit: $360
๐ Return: 3.32%
๐ Annualized Return: 1,211.8% (held 1 day)
Took profit early โ no need to wait for expiration. ๐ช
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #MRVL
Poor Man's Covered Call (PMCC)
$MRVL | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $240 Call (LEAPS) @ $124.63
๐ด Sell to Open: 1x Jun 18, 2026 $360 Call @ $16.23
๐ต Net Debit: $10,840
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #MRVL
Poor Man's Covered Call (PMCC)
$MRVL | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $240 Call (LEAPS) @ $124.63
๐ด Sell to Open: 1x Jun 18, 2026 $360 Call @ $16.23
๐ต Net Debit: $10,840
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #MRVL
Closed โ $GLW | PMCC โ Full Position Closed
๐ด Sell to Close: Both Legs @ $67.45/share
๐ต Initial Outlay: $6,500
๐ Profit: $244
๐ Return: 3.75%
๐ Annualized Return: 1,368.8% (held 1 day)
Took profit early โ no need to wait for expiration. ๐ช
#OptionTrading#OptionCredits #OptionSelling #PMCC #DiagonalSpread #GLW
Poor Man's Covered Call (PMCC)
$GLW | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $155 Call (LEAPS) @ $69.48
๐ด Sell to Open: 1x Jun 18, 2026 $230 Call @ $4.48
๐ต Net Debit: $6,500
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #GLW
Poor Man's Covered Call (PMCC) โ Round 4
$QCOM | Diagonal Spread
๐ข Buy to Open: 1x Oct 16, 2026 $190 Call (LEAPS) @ $70.80
๐ด Sell to Open: 1x Jun 18, 2026 $270 Call @ $8.30
๐ต Net Debit: $6,250
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #QCOM
Poor Man's Covered Call (PMCC)
$GLW | Diagonal Spread
๐ข Buy to Open: 1x Jan 15, 2027 $155 Call (LEAPS) @ $69.48
๐ด Sell to Open: 1x Jun 18, 2026 $230 Call @ $4.48
๐ต Net Debit: $6,500
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #GLW
Poor Man's Covered Call (PMCC) โ Round 4
$QCOM | Diagonal Spread
๐ข Buy to Open: 1x Oct 16, 2026 $190 Call (LEAPS) @ $70.80
๐ด Sell to Open: 1x Jun 18, 2026 $270 Call @ $8.30
๐ต Net Debit: $6,250
Goal: Sell premium each cycle to reduce cost basis over time. ๐ฐ
If the time is right โ we may close early for profit. โ
#OptionTrading #OptionCredits #OptionSelling #PMCC #DiagonalSpread #QCOM