Max | Options Trader

Updated my strategy tester and am now testing three strategies concurrently. I've also linked the trades on X for easy access. As always, being a data geek, I enjoy documenting every trade for self-accountability. Check it out here: wheelstrategist.com/strategy-tester

@Invest_Brandon Also depends on which part of the world you live in. Doesn’t apply to Singapore, at least.

9/10 times owning a home that you live in is a terrible investment. Most people will say oh I bought it for 400 and sold for 500. Yet they don’t add up what they paid in taxes, interest, HOA, insurance, etc over the hold period. Plus RE commissions to sell. The stock market will VERY likely outperform your RE appreciation for a home you personally live in.

Another LEAPS victory! Total profit locked in across 12 trades: $12,429.23

⭐#4 Deep ITM Call⭐ - Stock Code: $GCT - Type: Close - Net Premium: $1449.88 #OptionsTrading

⭐#4 Deep ITM Call⭐ - Stock Code: $GCT - Type: Long Call - Strike price: $20 - Breakeven at expiry: $31.80 - Expiration date: 15 Jan 2027 - Net Premium: -$1050.06 #OptionsTrading

⭐#14 Deep ITM LEAPS Call⭐ - Stock Code: $UNH - Type: Poor Man’s Covered Call (Roll) - Strike price: $320 - Expiration date: 2 Apr 2025 - Cumulative PMCC Premium: $3310.05 - Overall LEAPS Position Premium: -$10241.68 #OptionsTrading #LEAPS

⭐#14 Deep ITM LEAPS Call⭐ - Stock Code: $UNH - Type: Poor Man’s Covered Call - Strike price: $315 - Expiration date: 13 Mar 2025 - Cumulative PMCC Premium: $3118.34 - Overall LEAPS Position Premium: -$10433.39 #OptionsTrading #LEAPS

⭐#14 Deep ITM LEAPS Call⭐ - Stock Code: $UNH - Type: Long Call - Strike price: $400 - Breakeven at expiry: $503.13 - Initial Delta: 69 - Expiration date: 15 Jan 2027 - Net Premium: -$9600.85 #OptionsTrading #LEAPS

#19 Wheel Trade - Stock Code: $HIMS - Type: Cash Secured Put (Roll) - Strike price: $29 - Expiration date: 16 Oct 26 - Net Premium: $527.28 #OptionsTrading

#19 Wheel Trade - Stock Code: $HIMS - Type: Cash Secured Put (Roll) - Strike price: $29 - Expiration date: 6 Mar 26 - Net Premium: $353.58 #OptionsTrading

#19 Wheel Trade - Stock Code: $HIMS - Type: Cash Secured Put (Roll) - Strike price: $30 - Expiration date: 19 Dec 25 - Net Premium: $118.86 #OptionsTrading

⭐#7 Deep ITM LEAPS Call⭐ - Stock Code: $PEP - Type: Poor Man’s Covered Call (Roll) - Strike price: $162.5 - Expiration date: 27 Mar 2026 - Cumulative PMCC Premium: $288.1 - Overall LEAPS Position Premium: -$2998.04 #OptionsTrading

⭐#7 Deep ITM LEAPS Call⭐ - Stock Code: $PEP - Type: Poor Man’s Covered Call - Strike price: $160 - Expiration date: 27 Feb 2026 - Cumulative PMCC Premium: $245.4 - Overall LEAPS Position Premium: -$3040.74 #OptionsTrading

⭐#7 Deep ITM Call⭐ - Stock Code: $PEP - Type: Long Call - Strike price: $135 - Breakeven at expiry: $170.92 - Expiration date: 15 Jan 2027 - Net Premium: -$3286.14 #OptionsTrading

#20 Wheel Trade - Stock Code: $HIMS - Type: Cash Secured Put - Strike price: $14 - Expiration date: 13 Mar 26 - Net Premium: $77.85 #OptionsTrading

⭐#15 Deep ITM LEAPS Call⭐ - Stock Code: $TEAM - Type: Poor Man’s Covered Call - Strike price: $175 - Expiration date: 27 Feb 2026 - Cumulative PMCC Premium: $1029.95 - Overall LEAPS Position Premium: -$5470.11 (corrected error from previous trade) #OptionsTrading

⭐#15 Deep ITM LEAPS Call⭐ - Stock Code: $TEAM - Type: Poor Man’s Covered Call (Close) - Strike price: $240 - Expiration date: 22 Aug 2025 - Cumulative PMCC Premium: $871.10 - Overall LEAPS Position Premium: -$12128.96 #OptionsTrading

⭐#15 Deep ITM LEAPS Call⭐ - Stock Code: $TEAM - Type: Long Call (delta 70) - Strike price: $200 - Breakeven at expiry: $272.87 - Expiration date: 15 Jan 2027 - Net Premium: -$6500.06 #OptionsTrading

Another small win from my LEAPS position, taking my total closed trades to 10 and locking in $10,979.35 in profits. Focused on rebuilding cash and staying ready for new opportunities this year.

⭐#5 Deep ITM LEAPS Call⭐ - Stock Code: $ZETA - Type: Close Position - Net Profit: $342.64 #OptionsTrading

⭐#5 Deep ITM LEAPS Call⭐ - Stock Code: $ZETA - Type: Long Call - Strike price: $17.50 - Breakeven at expiry: $26.02 - Expiration date: 15 Jan 2027 - Net Premium: -$1545.06 #OptionsTrading