Week 16 + $88
MSTX — sold 3 covered calls at the $35 strike same-day expiry, collected $180 clean. MSTX closed around $33
MARA — this one didn’t cooperate. Opened the week with a $11C position, rolled it twice trying to find the right strike as MARA ripped from the $8s all the way to $11.11 by Thursday. The stock moved too fast in the wrong direction for a CC. Closed everything out for a -$92 net loss — a scratch. Sometimes the right move is cutting it clean and moving on rather than chasing.
Net: $88 credit — 0.78% ROI
Week 17 , TSLL, RCAT, APLD, ONDS, and SOFI expiring Apr 24.
* So i looked back at MSTX, that cost seemed high to me from last week, the 37$ is the original, but I have walked it down to 32$.
The program keeps your original cost, it does not adjust for the premium
Not sure if I will changed it or keep it like it is.
Maybe add it somehow.
Made some mistakes rushing with MARA, spent 21 hours on a plane Monday coming back from Vacation, should not have opened it.