March 25 Trade. Sold 1 Cash Secured Put Contract, Ford.

🧾 Trade Snapshot

Position:
Sold 1 Put Contract

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

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

💰 Capital & Yield

Capital Secured:
$1,150

Premium Yield (per trade):
$12.34 ÷ $1,150 = 1.07% return

👉 Above LOGIX target (0.75–1%)

📉 Breakeven Analysis

Breakeven Price:
$11.50 − $0.1234 = $11.38

👉 You are protected ~2.9% 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 $11.38

🔄 Scenario Outcomes

✅ Scenario 1 — Stock stays above $11.50

• Option expires worthless

• You keep 100% of premium ($12.34)

• Repeat next cycle

📦 Scenario 2 — Stock drops below $11.50

• Assigned 100 shares at $11.50

• Effective cost basis: $11.38

• Transition to covered call phase of wheel

🧠 LOGIX Insight

This is a textbook wheel entry:

• Strong premium relative to capital (1.07%)

• 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 → $12.34 earned

• Weekly compounding target: 0.75–1%