code to premium

software engineer & option seller
65k options | 165k portfolio
running the wheel
not financial advice - DYOR

[code to premium @codetopremium]

By day, I write code. On the side, I sell options.

My current target is to generate 1,500-2,000 a month in option premiums with my current portfolio size, primarily using the wheel strategy while tracking what happens as returns compound over time.

#sellingoptions #options

[code to premium @codetopremium]

@SelahSelah_star @MDCTrades305 It depends usually both! in this case CIFR dropped heavily was trading around $18-19 week & half ago. Feel the bottom is around 11-12 so sold bit aggressive put. In this case if I get assigned I’m happy since I collected nice premium & it’s almost bottom imo!

[code to premium @codetopremium]

@EllisInvest Trim off the initial capital and let the rest ride 🚀

[code to premium @codetopremium]

Sold some PUTs this morning on $ONDS & $OUST

2 x ONDS $6 11/16 @ 0.25
1 x OUST $33 10/30 @ 0.70

Collected $118 in premium!

[code to premium @codetopremium]

@TJ_Investor94 I love this stock! Have 500 shares and going to keep buying more 😀

[code to premium @codetopremium]

@prosperityjoe78 I sold 6 PUTs on $CIFR for 11/06 got some good premiums!

[code to premium @codetopremium]

@milmillinetwork Extra 2,000 every month can be easily done selling options!

[code to premium @codetopremium]

@TheQuietTrader1 $UNH & $ASML , have a good position in UNH!

[code to premium @codetopremium]

@NotA_Bull $NBIS 871% return… avg cost price 22.79 🫣 still haven’t sold

[code to premium @codetopremium]

@rareliquidity Fidelity, how about you?

[code to premium @codetopremium]

Options expiring this week $RDDT & $USAR

Will sell another Reddit PUT next week

What do you have expiring this coming week?

[code to premium @codetopremium]

@TheQuietTrader1 waiting for Monday 😅😅😂

[code to premium @codetopremium]

@My_Investmement Sold $RKLB 57 PUT 30 days ago… expired worthless going to sell another this week most likely

[code to premium @codetopremium]

@cislaliv2000 SWE in tech for 6 years, trading options with 65k and have 100k in another portfolio focusing on dividend stocks and long term trades… for me I would say 300-400k to start feeling it

[code to premium @codetopremium]

@NotA_Bull $USAR $OUST and $HIMS

[code to premium @codetopremium]

@timoassi Been writing $USAR puts, got assigned twice already with 13-14 avg cost basis. Definitely see a run up in a few months

[code to premium @codetopremium]

@InvestwithColby Why so far out? What was the premium and delta ?

[code to premium @codetopremium]

@darkminer Been writing covered calls on one I got assigned few months ago @ 47 strike. Will bottom out around 31 before we see next run up to near 50s imo.

[code to premium @codetopremium]

@insidegadsmind followed! software engineer trading options documenting my journey here

[code to premium @codetopremium]

@Divy_strategist Keep it up!!!