Hi folks,
Each month I’ll be sharing a short breakdown of how I’m using options trading to generate consistent, passive income in just an hour or so each month.
Just like how a property developer might walk you through a house flip, I’ll show you how I structure some of my trades using my Lazy Formula Options Strategy — with full transparency.
Here’s a quick look at two trades from this month:
✅ Trade #1: Covered Call on Robinhood (HOOD)
- Position Type: Covered Call
- Contract Length: 38 Days
- Premium Collected: $551.94
- Cash-on-Cash Return (CoCR): 5.7%
What If?
- If HOOD stays below the strike: I keep the shares and the premium.
- If HOOD goes above the strike:
👉 Capital Gain = $1,949
👉 Premium = $551.94
👉 Total = $2,500.94 (Final CoCR = 25.9%)
💵 Trade #2: Cash-Secured Put on Nuscale Power (SMR)
- Position Type: Cash-Secured Put
- Contract Length: 41 Days
- Premium Collected: $3,061.78
- CoCR: 12.1%
What If?
- If the stock stays above the strike: I keep the premium.
- If it drops below the strike: I’ll be assigned shares at $42 — lowering my cost basis — and I still keep the $3,000+ premium.
📊 August Summary
- Options Income from 2 trades: $3,613.72
- Average Monthly CoCR: 10.3%
- Time Spent: Around 10 minutes
This is how I generate consistent passive income each month while living abroad and travelling. It’s not rocket science — just a repeatable system with some risk management sprinkled in.
🧠 Options Tip of the Month: “Dry Powder”
One of my favourite ways to use options is through cash-secured puts — especially during red days in the market.
The market naturally reacts negatively to tariff news… a great time to sell CSPs.
Here’s how it works:
Let’s say you already own Company A at $100 per share, and you’d be happy to buy more — but only if it dips.
You sell a put at $95, and:
- You get paid a premium while waiting.
- If the stock drops to $95, your contract is exercised.
- Now you own more shares at a lower price — and still keep the premium.
✅ You buy the dip
✅ You get paid to wait
✅ You lower your average cost
But this only works if you’ve got cash set aside (your “dry powder”) ready to deploy. When volatility spikes due to things like policy changes or new tariffs being discussed, you’ll be ready to pounce.
🎯 Want to Learn This?
If you’d like to learn how to trade options the way I do — and generate consistent 2–4% monthly returns — reply with your email + the word “COURSE” and I’ll send you details about the next intake.
Cheers,
Andy
Valencia, Spain
Coffee and Chess with my girlfriend is a new favourite thing.