RIOT Reddit Mentions | ChartExchange

Now I'm more than 6 months into my 1 year experiment to get 1% a week from selling puts. So far things have been going well. This week only my RKLB puts were ITM but otherwise everything went to 0. Last week's post: [https://www.reddit.com/r/thetagang/comments/1w771xk/1\_weekly\_returns\_from\_options\_week\_27/](https://www.reddit.com/r/thetagang/comments/1w771xk/1_weekly_returns_from_options_week_27/)
If you want to follow me as I trade, I post to r/TheRaceTo10Million before placing trades and comment with trades as I make them. I post here after I make the trades with a full summary

**Strategy**
\- Use an AI screener to give me a list of top 20 low delta options for next week
\- I either
\- a. Roll my current options - I do this if I can still get 1% for rolling or if the option is ATM/ITM and I have to roll. I always roll for credit.
\- b. Close a current option and pick something else from the list that I like
\- I try to do this every Friday. However, if I'm busy on Fridays, I'll sometimes do this on Thursdays.
\- If I get assigned, I will sell calls at assignment price

A lot of people have asked me about why I don't add a criteria to avoid earnings weeks. Like I sold an HPE put across a couple of weeks ago. That's because on earnings weeks the same delta strikes are much further OTM.
A lot of people also ask why I do weeklies. I'll post an analysis of that in the next week comparing weeklies vs. monthlies.
**Total Returns**
|Total Premium|$25,050.00|
|:-|:-|
|Current drawdown|\-$1,977.00|
|Gain/Loss from Assignment|\-$725.00|
|Total gains|$23,073.00|
|Annualized (Calc1 using average invested)|54.99%|
|Annualized (Calc2 using max invested)|37.98%|
**Today's Trades**
|Symbol|Action Details|Premium Collected (Net Credit)|Cash Occupied|
|:-|:-|:-|:-|
|**AAOI**|BTC 1x Short 100 P & 1x Short 95 P, STO 1x Sep 18 95 P|$101.51|$9,500.00|
|**AXTI**|BTC 1x Short 52 P, STO 1x Sep 18 55 P & 1x Sep 18 58 P|$136.05|$11,300.00|
|**DRAM**|BTC 2x Short 55.5 P, STO 2x Sep 18 55.5 P|$119.03|$11,100.00|
|**IREN**|BTC 1x Short 38.5 P, STO 1x Sep 18 39.5 P|$43.52|$3,950.00|
|**NBIS**|BTC 2x Short 192.5 P, STO 2x Sep 18 202.5 P|$405.03|$40,500.00|
|**RKLB**|BTC 3x Short 67 P, STO 3x Sep 18 66 P|$198.15|$19,800.00|
|**SLV**|BTC 1x Short 66 C, STO 1x Sep 18 65.5 C|$14.52|$6,550.00|
|**TOTAL**|—|**$1,017.81**|**$102,700.00**|
**Screener Output in the morning**
|Ticker|Stock Price|Strike|Bid|Ask|Delta|Return %|OTM Cushion|Implied Vol|Open Interest|Volume|
|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|
|**CIFR**|$16.37|$14.00|$0.15|$0.23|\-0.1373|1.07%|14.48%|111.8%|8,676|1,244|
|**MARA**|$11.96|$10.50|$0.11|$0.13|\-0.1423|1.05%|12.21%|94.1%|4,849|16|
|**BE**|$272.55|$242.50|$2.52|$2.63|\-0.1464|1.04%|11.03%|85.5%|69|6|
|**NBIS**|$229.23|$205.00|$2.15|$2.22|\-0.1508|1.05%|10.57%|83.3%|1,264|9|
|**AAOI**|$106.75|$95.00|$0.95|$1.50|\-0.1612|1.00%|11.01%|91.5%|1,459|2|
|**IREN**|$43.90|$39.50|$0.43|$0.50|\-0.1630|1.09%|10.02%|83.0%|499|4|
|**MSTR**|$131.41|$120.00|$1.20|$1.32|\-0.1694|1.00%|8.68%|73.0%|8,360|178|
|**CRCL**|$91.60|$83.00|$0.96|$1.15|\-0.1766|1.16%|9.39%|82.3%|182|10|
|**SNDK**|$1,664.13|$1,530.00|$15.90|$16.70|\-0.1782|1.04%|8.06%|70.1%|253|12|
|**USAR**|$15.87|$14.50|$0.15|$0.20|\-0.1789|1.03%|8.63%|75.8%|134|10|
|**BMNR**|$24.66|$22.50|$0.25|$0.30|\-0.1794|1.11%|8.76%|77.2%|1,801|2|
|**RIOT**|$21.55|$19.50|$0.22|$0.31|\-0.1795|1.13%|9.51%|84.7%|755|6|
|**ASTS**|$60.06|$55.00|$0.57|$0.70|\-0.1796|1.04%|8.42%|74.0%|5,823|19|
|**CRWV**|$90.04|$82.00|$0.98|$1.06|\-0.1804|1.20%|8.93%|79.2%|381|57|
|**LITE**|$959.73|$880.00|$9.60|$10.40|\-0.1805|1.09%|8.31%|73.2%|340|6|
|**AXTI**|$66.84|$59.00|$0.75|$1.50|\-0.1855|1.27%|11.73%|110.8%|58|45|
|**WULF**|$16.49|$15.00|$0.18|$0.25|\-0.1892|1.20%|9.04%|83.8%|38,994|2|
|**CLSK**|$13.19|$12.00|$0.14|$0.22|\-0.1952|1.17%|9.02%|86.1%|4,955|1|
|**ASST**|$27.29|$25.00|$0.30|$0.41|\-0.1971|1.20%|8.39%|80.1%|989|43|
|**ALAB**|$291.86|$267.50|$3.00|$4.75|\-0.2005|1.12%|8.35%|81.0%|26|15|
**Historical Weekly Data**
||Week|Capital Invested|Premium Made|Return %|Notes|
|:-|:-|:-|:-|:-|:-|
|3/6|Week 1|$0.00|$0.00|0.00%||
|3/13|Week 2|$13,100.00|$131.00|1.00%||
|3/20|Week 3|$19,850.00|$203.00|1.02%||
|3/27|Week 4|$41,500.00|$596.00|1.44%||
|4/3|Week 5|$34,150.00|$353.00|1.03%||
|4/10|Week 6|$43,350.00|$462.00|1.07%||
|4/17|Week 7|$53,800.00|$573.00|1.07%||
|4/24|Week 8|$70,400.00|$811.00|1.15%||
|5/1|Week 9|$103,450.00|$1,093.00|1.06%||
|5/8|Week 10|$97,400.00|$1,040.00|1.07%||
|5/15|Week 11|$102,800.00|$1,077.00|1.05%||
|5/22|Week 12|$98,600.00|$1,170.00|1.19%||
||Week 12.5|$106,100.00|$475.00|0.45%|Bonus round|
|5/29|Week 13|$106,100.00|$1,133.00|1.07%||
||Week 13.5|$115,900.00|$336.00|0.29%|Bonus round|
|6/5|Week 14|$105,750.00|$1,053.00|1.00%||
|6/12|Week 15|$110,700.00|$1,146.00|1.04%||
|6/19|Week 16|$111,850.00|$1,105.00|0.99%||
|6/26|Week 17|$108,350.00|$1,045.00|0.96%|Got SLV 65.5 assigned|
|7/3|Week 18|$111,550.00|$1,126.00|1.01%||
|7/10|Week 19|$102,850.00|$1,111.00|1.08%||
||Week 19 Bonus|$108,550.00|$98.00|0.09%|APLD 1:3 to avoid assignment|
|7/17|Week 20|$104,350.00|$842.00|0.81%||
|7/24|Week 21|$111,500.00|$1,148.00|1.03%|RKLB 2:3 to reduce strike|
|7/31|Week 22|$105,660.00|$1,021.00|0.97%||
||Week 22 bonus|$99,960.00|$7.00|0.01%|ASTS 2:1 to reduce exposure|
|8/7|Week 23|$104,850.00|$1,052.00|1.00%||
|8/14|Week 24|$95,850.00|$954.00|1.00%||
|8/21|Week 25|$99,300.00|$997.00|1.00%|RKLB 2:3 and NBIS 1:2|
|8/28|Week 26|$102,500.00|$978.00|0.95%||
|9/4|Week 27|$104,800.00|$897.00|0.86%||
|9/11|Week 28|$102,700.00|$1,017.00|0.99%||