📈 Portfolio Management Update | Keeping the Wheel Turning
Generating Premium While Remaining Patient for the Right Entry
Hello everyone,
While I haven’t found a clean setup for a new cash secured put today, I am taking the opportunity to generate income from one of my existing positions.
Today, I’ll be writing a covered call on my LUNR shares to collect premium while holding the position for capital appreciation.
I’m still monitoring several names throughout today’s session, but so far nothing has met my criteria for opening a new cash secured put. There’s no reason to force a trade when the right setup hasn’t presented itself. Patience remains part of the strategy.
If I do get the signal I’m looking for later today, I’ll publish the new cash secured put trade for premium members as soon as I enter it.
In the meantime, here’s the covered call on LUNR so you can follow along with how I’m continuing to generate income while waiting for the next high-quality setup.
Stay tuned. The market still has plenty of time to create an opportunity before today’s session comes to a close.
NOTE: These strike selections are based on the live pricing listed and shown on the breakdown at the time of analysis. If the underlying price moves significantly by the time you read this, the optimal strike may change. In that case, you can use my AI Trade Manager to help reassess and select a more appropriate strike.
Disclaimer: The examples in The Options Oracle are my opinion, not financial advice.