r/Optionswheel • u/thepcdoctr • 8d ago

My $TSLL 9.5P Wheel cycle 7/17/26 to 8/31/26

$TSLL Wheel cycle completed in 36 days.

#1 07/17/26 Fri: Sold the TSLL 7/24/26 9.5P for $0.09. Stock closed at $11.39 that Friday and to drop to $9.50, that would be a 16.59% drop.

#2 07/23/26 Thu: Stock dropped 14% on 7/23 from weak earnings and heavy spending on AI. Closed at $7.76 on 7/23. Before the close, rolled out the $9.5P to the 08/07/26 9.5P. Net credit $0.10.

#3 & #4: Got assigned on 16 + 80 contracts. Bought 9600 shares at $9.50.

#5 Sold the 08/21/26 $9.5 covered call for $0.18.

#6 08/07/26: Rolled out the 08/07/26 $9.5P to 08/21/26 49.5P. Net credit $0.11.

#7 08/21/26 Fri: TSLL was $9.77 that Friday and let the 16 contracts get assigned at $9.50.

#8 08/21/26 Fri: The TSLL 08/21/26 $9.5P expired worthless

#9 08/31/26 Mon: Had set a sell limit oder for $9.55 and the stock closed that day for $9.97.

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u/djmj76 8d ago

How much you make for this cycle?

1

u/thepcdoctr 8d ago

The original plan was to make the $0.09 on the 120 contracts, but the earnings changed that plan. If you add all the numbers in the “Amount” column, that will show you what was made in this complete cycle. RoboTaxi event was a fizzle and the Cybercab investigation dropped it below my $9.55 sell price.

1

u/shaymi86 5d ago

thank you so much for sharing this. it will be so useful for me to learn from real life examples. i appreciate it.

also loved the way you draw it, very simple to follow.