April 13 Trade — Cash Secured Put (Ford)

Ticker: Ford Motor Company
Strategy: Cash-Secured Put (Option Wheel Continuation)

🧾 Trade Snapshot

Position:
Sold 1 Put Contract

Strike Price: $12.00
Underlying Price at Entry (Est.): $12.35

Premium Collected (Net): $12.34
Contract Size: 100 shares

💰 Capital & Yield

Capital Secured:
$1,200

Premium Yield (per trade):
$12.34 ÷ $1,200 = 1.03% return

👉 Above LOGIX target (0.75–1%)

📉 Breakeven Analysis

Breakeven Price:
$12.00 − $0.1234 = $11.88

👉 You are protected ~3.8% downside from entry

🎯 Trade Thesis (LOGIX Framework)

Entering on a fundamentally stable, high-liquidity stock

Selling near-the-money premium for maximum yield

Targeting weekly income >1%

Comfortable owning shares at effective price of $11.88

🔄 Scenario Outcomes

✅ Scenario 1 — Stock stays above $12.00

Option expires worthless

You keep 100% of premium ($12.34)

Repeat next cycle

📦 Scenario 2 — Stock drops below $12.00

Assigned 100 shares at $12.00

Effective cost basis: $11.88

Transition to covered call phase of wheel

🧠 LOGIX Insight

This is a textbook wheel continuation:

Strong premium relative to capital (1.03%)

Increasing strike as capital compounds

Solid downside cushion

Easy transition into covered calls

👉 This is exactly how we scale income week over week

📈 Weekly Income Tracking (Updated)

Portfolio Track:

Cycle 1: +$12.34 ✅
Cycle 2: +$13.34 ✅ (Expired Worthless)
Cycle 3: +$12.34 ⏳

Total Realized: $25.68
Total Including Open Trade: $38.02

Account Growth:
$1,150 → $1,175.68 realized

🔁 UPDATED WHEEL LOG — 4/13/26

The $1,150 Wheel — Live Trade Journal

Ticker Focus: Ford Motor Company
Strategy: Cash-Secured Put → Covered Call (The Wheel)

🔁 The Mission

We’re tracking a real $1,150 account using the LOGIX system — targeting 0.75%–1% weekly income through disciplined option selling.

This isn’t theory.
This is live execution + compounding in real time.

🧾 Trade #1 — March 25

Position: Sold 1 Put Contract
Strike: $11.50

Premium Collected: $12.34

✅ Outcome:

Option expired worthless

100% premium kept

💰 Account Update:

Starting Capital: $1,150

Premium Earned: +$12.34

New Total: $1,162.34

🧾 Trade #2 — April 6

Position: Sold 1 Put Contract
Strike: $11.50
Expiration: April 10

Premium Collected: $13.34

✅ Outcome:

Option expired worthless

100% premium kept

💰 Account Update:

Previous Total: $1,162.34

Premium Earned: +$13.34

New Total: $1,175.68

🧾 Trade #3 — April 13

Position: Sold 1 Put Contract
Strike: $12.00
Expiration: April 17

Premium Collected: $12.34

⏳ Current Status:

Trade is active

Target: expire worthless or accept assignment at strong basis

📈 Running Performance

Total Premium Collected (Realized): $25.68

Total Premium Collected (Including Open Trade): $38.02

Return on Capital (Realized):
👉 2.23% over first 2 cycles

Projected Return (If Trade #3 expires worthless):
👉 3.31% total return in ~3 weeks

🧠 LOGIX Framework in Action

What we’re proving in real time:

Small accounts can generate consistent income

Discipline > prediction

Premiums compound faster than people think

This is not about hitting home runs.
This is about:

“Stacking controlled wins, week after week.”

April 13 Trade. Sound 1 Cash Secured Put Contract, FORD.

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