Trade log for the week of October 5 | $247.42 in income, 0.41% ROC

I closed Wednesday's 10/9 AVGO $365 CSP the same day for $92.33 net, then opened the 10/9 $357.50 CSP on Thursday. It expired worthless Friday for another $37.97. I made no rolls this week. I bought back the final CSCO 10/9 $108 CSP for $0.04, closing the six-leg roll chain at **+$428.95 overall**. I also sold 10/16 covered calls on DG and WMT for $42.96 and $15.95 net. IBKR paid $58.21 in cash interest, bringing new option premium and interest to **$247.42**. ### Portfolio Snapshot | Metric | Value | | --- | ---: | | YTD P/L | +$15,714.88 | | YTD Return | +20.21% | | Max Drawdown | -9% | | Median Weekly Deployed Capital | $77,750.00 | | Realized Income | $15,116.44 | | Cash | $126,617.85 | | Cash as % of Capital | 82% | | Annualized Yield | 26.3% | ### My Philosophy My ideal candidate is pretty vanilla: a preferably boring, financially sound, highly liquid company in a durable uptrend, with a liquid options chain and just enough volatility to pay me fairly at a 0.20-0.30 delta strike I would genuinely accept as a purchase price. This means you won't catch me trading the high-beta names you would typically see on /r/wallstreetbets. Juicy premiums come with high risk and large drawdowns. That's not what I'm doing with this portfolio. I spend about **0-3 hours total per week on trading**, on average. This wheel portfolio is only a small slice of my overall market capital. I also buy and hold mega-cap stocks/ETFs and run other strategies, including swing trading leveraged ETFs. The YTD figures and snapshot here cover the **wheel portfolio only**, not those other investments. --- ### This Week's Totals | Metric | Value | | --- | ---: | | Return on Capital | 0.41% | | Simple Annualized Yield | 21.18% | | Net Option Premium | $189.21 | | Total Income Collected | $247.42 | | Peak Active-Option Collateral | $60,921 | --- ### This Week's Opening Trades The first AVGO put opened and closed Wednesday. The second expired worthless Friday. The DG and WMT covered calls remain open, so their rows show entry credits after fees rather than realized closing P/L. | Type | Open | Exp | Close | Ticker | Strike | Qty | Fill | Exit | Fees | Cap | Cash Flow | ROC | | --- | --- | --- | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | CSP | 10/7 | 10/9 | 10/7 | AVGO | 365 | 1 | 1.99 | 1.05 | 1.67 | 36.5k | $92.33 | 0.25% | | CSP | 10/8 | 10/9 | 10/9 | AVGO | 357.5 | 1 | 0.39 | 0 | 1.03 | 35.75k | $37.97 | 0.11% | | CC | 10/8 | 10/16 | | DG | 130 | 1 | 0.44 | 0 | 1.04 | 13.5k | $42.96 | 0.32% | | CC | 10/8 | 10/16 | | WMT | 115 | 1 | 0.17 | 0 | 1.05 | 11.671k | $15.95 | 0.14% | **Download Full YTD Trade Log (CSV)** --- ### Current Holdings | Ticker | Shares | Cost Basis | Adj. Basis | YTD Start | Price | YTD Return | Account | Active Position | | --- | ---: | ---: | ---: | ---: | ---: | ---: | --- | --- | | DG | 100 | $135.00 | $126.52 | $135.00 | $127.23 | -5.76% | IBKR | 1 x 10/16 $130 CC | | WMT | 100 | $117.00 | $114.75 | $117.00 | $111.35 | -4.83% | IBKR | 1 x 10/16 $115 CC | | SMCI | 100 | $50.00 | $46.30 | $29.27 | $41.85 | +42.98% | A1 | None | --- Results are from my trading journal and include recorded trading fees, before personal taxes. Past performance does not guarantee future results. Short puts and assigned shares carry substantial downside risk.