🧾 Trade Snapshot

Position:
Sold 1 Put Contract

Strike Price: $11.50
Underlying Price at Entry: $11.72

Premium Collected (Net): $13.34
Contract Size: 100 shares

💰 Capital & Yield

Capital Secured:
$1,150

Premium Yield (per trade):
$13.34 ÷ $1,150 = 1.16% return

👉 Above LOGIX target (0.75–1%)

📉 Breakeven Analysis

Breakeven Price:
$11.50 − $0.1334 = $11.37

👉 You are protected ~3.0% 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 $11.37

🔄 Scenario Outcomes

✅ Scenario 1 — Stock stays above $11.50

Option expires worthless

You keep 100% of premium ($13.34)

Repeat next cycle

📦 Scenario 2 — Stock drops below $11.50

Assigned 100 shares at $11.50

Effective cost basis: $11.37

Transition to covered call phase of wheel

🧠 LOGIX Insight

This is a textbook wheel entry:

Strong premium relative to capital (1.16%)

Solid downside cushion

Liquid underlying

Easy transition into covered calls

👉 This is exactly how we turn sideways markets into income

📈 Weekly Income Tracking (Starting Point)

Portfolio Track (Example):

$1,150 deployed → $13.34 earned

Weekly compounding target: 0.75–1%

UPDATED WHEEL LOG 4/6/26

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

⏳ Current Status:

Trade is active
Target: expire worthless or accept assignment at strong basis

📈 Running Performance

Total Premium Collected (Realized): $12.34
Total Premium Collected (Including Open Trade): $25.68

Return on Capital (Realized):
👉 1.07% in first cycle

Projected Return (If Trade #2 expires worthless):
👉 2.23% in ~2 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 6 Trade. Sold 1 Cash Secured Put Contract, Ford.

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