Hello everyone! As we approach the end of the year, I’m sticking to my core strategy: generating consistent weekly income through Covered Calls and Cash Secured Puts. By leveraging the volatility in the market, I was able to collect a total of $484.00 in premiums this past week alone.
With a total portfolio value of approximately $82,700, this week’s activity resulted in a 0.59% weekly return, which scales to an impressive 30.43% annualized yield.
The Week’s Top Performer: NIKE ($NKE)
The standout trade this week was $NKE. I sold a single Cash Secured Put with a $61.00 strike price and walked away with $60.00 in premium. Not only was this my highest single-contract earner, but it also netted a strong 0.98% weekly return on that specific position.
My strategy remains diversified across tech, retail, and crypto-adjacent ETFs. Here is a snapshot of how the week played out:
- Heavy TQQQ Activity: I utilized several TQQQ Puts to take advantage of price fluctuations, with returns ranging from 0.50% to 1.17% per position.
- High Yielders: Some of my most aggressive returns came from EOSE (1.42% weekly) and HIMS (1.00% weekly).
- The Mix: I balanced my risk by selling 11 Puts (bullish/neutral bias) and 8 Calls (neutral/bearish bias), ensuring I was collecting premium regardless of which way the individual tickers moved.
| Metric | Weekly Result |
| Total Premium Collected | $484.00 |
| Total Capital Utilized | $82,700.00 |
| Weekly Portfolio Return | 0.59% |
| Projected Yearly Return | 30.43% |
18 out of 19 of my positions ended - Out of the Money.
