🔷 LOGIX TRADING CLUB DAY 1 (OTM STRIKES)
📅 March 18, 2026
We are now executing the wheel using next strike BELOW current price
🟢 $1,500 Portfolio (Starter)
Trade executed: Sold 1 Ford (F) cash-secured put.
Stock price approx $11.80.
Expiration: 14 days.
Strike: $11 (next strike below price).
Premium collected: approx $0.18 = $18 total.
Capital used: ~$1,100
Cash remaining: ~$400
🟡 $5,000 Portfolio (Growth)
Trade executed: Sold 4 Ford (F) cash-secured puts.
Stock price approx $11.80.
Expiration: 14 days.
Strike: $11.
Premium collected: approx $0.18 = $72 total.
Capital used: ~$4,400
Cash remaining: ~$600
🔵 $10,000 Portfolio (Diversified)
Ford Position
Sold 4 Ford (F) cash-secured puts.
Strike: $11
Premium: ~$0.18 → $72 total
SOFI Position
Sold 5 SOFI cash-secured puts.
Stock price approx $8.50.
Expiration: 14 days.
Strike: $8 (next strike below price).
Premium collected: approx $0.22 = $110 total
Total premium collected: $182
Capital deployed: ~$8,400
Cash remaining: ~$1,600
📊 TOTAL PREMIUM (DAY 1)
$1,500 portfolio → $18
$5,000 portfolio → $72
$10,000 portfolio → $182
Total collected: $272
🧠 STRATEGY SHIFT (IMPORTANT)
We are now:
✔ Selling OTM puts (safer entries)
✔ Accepting lower premium for higher probability
✔ Reducing assignment risk in a weak market
🎯 EFFECTIVE COST BASIS (IF ASSIGNED)
Ford: $11 strike – $0.18 = $10.82
SOFI: $8 strike – $0.22 = $7.78
📈 PROJECTED 14-DAY RETURN
$1.5K → ~1.2%
$5K → ~1.4%
$10K → ~1.8%
🔁 NEXT STEP
If price drops → assignment at strong discount
If price holds → repeat premium cycle
⚡ LOGIX PRINCIPLE
“Safer entries. Repeatable income. Scale over time.”
⚠️ DISCLAIMER
Educational only. Not financial advice. No guaranteed income. Trading involves risk.
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