Earlier this year I took a speculative position in AMC ,was expecting a similar ride like GME and in last two weeks it came to fruition .
I sold 55% of my AMC Position to grab my Regular dividend Paying stocks.
With the profits and capital from that sale I invested in BMY a new position in my account and added 3.78 shares of GD to bring that position close to 25 shares.
These new purchases will add another $86 to my account and i invested around $3k for a yield of 2.9%.
As mentioned in other post i was assigned AMC put at effective price of $11.92 after deducting premium. and I immediately sold a covered call for for $14.5 when the AMC share price was $12 something . If you have seen my Monthly options posts I have been playing AMC weekly.
Finally as seen by everyone my AMC call got called away after huge price increase in AMC. I was thinking of buying Back at some point but then it became too much like 2k to buy back my option. I let it go as i already Bought SPCE call back for $180.
So with small gain and after collecting premiums on Both calls i made close $293.
Last week i sold a AMC put for $13 for $108. As my earlier AMC call got called away.
I was hoping the put wouldn't execute and pocket $108.
I Already sold a covered call for this week and it will be called away due to huge price rise in AMC stock.
Here are my expired options for the month of April.
I have been mostly selling covered calls on AMC,PLTR,SPCE .
This month for the first time i added GSAT.
This month i collected $274 .
| Date | Call | Option Premium | |
| 4/5/2021 | SPCE 4/09/2021 Call $34.00 | 18 | |
| 4/5/2021 | AMC 04/16/2021 CALL $13 | 37 | |
| 4/7/2021 | SOS 04/9/2021 Call $9.50 | 15 | |
| 4/13/2021 | SPCE 4/16/2021 Call $30.00 | 15 | |
| 4/12/2021 | PLTR 04/16/2021 Call $27 | 24 | |
| 4/14/2021 | SOS 04/23/2021 Call $8.50 | 10 | |
| 4/20/2021 | AMC 04/30/2021 Call $12.50 | 20 | |
| 4/20/2021 | SOS 04/30/2021 Call $6.00 | 10 | |
| 4/21/2021 | PLTR 04/30/2021 Call $25.5 | 10 | |
| 4/21/2021 | SPCE 4/30/2021 Call $30.00 | 25 | |
| 4/27/2021 | GSAT 5/21/2021 Call $1.5 | 90 | 3 calls |
| January | 64 |
| February | 485 |
| March | 556 |
| April | 274 |
| 1379 |
Since start of this year, I have started selling covered calls on my existing position and cash secured puts on stocks I was interested s and most of them are non dividend payers. Options Premiums collected for Month of March are $556.
NowA o
ut of all these options I got 2 of them assigned. One of them is SOS which is bitcoin company.
After it was assigned ,I started writing covered calls ,so far i wrote 2 covered calls collecting another $60.
I paid $750 for 100 shares and premium collected so far is $130. As of 4/11 SOS is trading at $5.25 , so trade is still negative ,down another $95.
Another Put i got assigned is AMC. Here are the trade details.
As of 4/11 AMC is trading @ 9.42 and this trade is still in profit, I collected $221 in premiums.
Monthly Options Income: So far i collected $1105 in premiums.
In the month of February i secured $485 in options income. This has been mostly on two stocks. One is SPCE ,which i own and have been writing covered calls since last year and Other stock i am writing cash secured puts for last few weeks.
Date Options Premium
16-Feb SPCE $60 Call 2/19 sell 42
16-Feb AMC $5 PUT 2/19 Sell 8
22-Feb SPCE $60 Call 2/26 sell 53
24-Feb AMC $8 PUT 2/26 Sell 65
1-Feb SPCE $67 Call 2/5 sell 110
3-Feb AMC $6 PUT 2/5 Sell 39
5-Feb AMC $5.5 PUT 2/12 Sell 63
8-Feb SPCE $67 Call 2/12 sell 82
8-Feb AMC $6 PUT 2/5 Sell 23
This Year My options premium collected.
January 2021 : $64
February 2021 : $485
Since last year I have slowly started writing covered calls on some my stocks. This helped recover some of the capital on SPCE which was in big loss. Then This year I sold my first PUTS.
So Far they have worked out in my favor with me collecting just premiums.
So Far this year i have collected around $381 in options income.
For 2020 I collected $804 in options income .
