Hi folks,
June. Where do I start.
The NomadFest conference happened in Bansko, Bulgaria and that was wicked! Talking to a room full of digital nomads trying to figure out how to bulletproof their financial freedom. A really cool experience and Bansko is truly stunning. The mountains and the town itself look straight out of a Swiss ski village.
Oh, and the portfolio kept quietly doing its thing. As it does.
Each month I share a short breakdown of how I use options to generate consistent, passive income in just a few minutes a month. Full transparency — here’s exactly how I structured the trades. Just like a property developer walking you through a house flip.
Here’s a taste of what happened in June.
💵 Trade #1: Cash-Secured Put on Palantir (PLTR)
- Position Type: Cash-Secured Put
- Entry Date: 22 June 2026
- Strike: $114
- Expiry: 17 July 2026
- Contract Length: 25 Days
- Premium Collected: $317
- Cash-on-Cash Return (CoCR): 2.78% per month or 40.5% per annum
What If?
If PLTR stays above $114: I keep the $317 premium. Done.
If PLTR drops below $114: I get assigned shares at $114, a stock I’m comfortable owning at that price, and start selling covered calls immediately to lower my cost basis further.
PLTR had a big dip on 22 June. That was the moment. The $114 strike sat well below where it was trading, the premium was fat from the volatility, and $317 collected in 25 days on a stock I’d happily own anyway. This is exactly the red day strategy in action.
💵 Trade #2: Cash-Secured Put on Vertiv (VRT)
- Position Type: Cash-Secured Put
- Entry Date: 29 June 2026
- Strike: $270
- Expiry: 24 July 2026
- Contract Length: 25 Days
- Premium Collected: $910
- Cash-on-Cash Return (CoCR): 4.05% per month or 49% per annum
What If?
If VRT stays above $270: I keep the $910 premium. Done.
If VRT drops below $270: I get assigned shares at $270, a level I’m comfortable owning, and start selling covered calls immediately to lower my cost basis further.
Vertiv is one I keep coming back to. Data centre infrastructure, AI tailwinds, real revenue. The $270 strike gave me a meaningful buffer below current price. $910 collected in 25 days. 49% annualised. Hard to argue with.
💵 Trade #3: Cash-Secured Put on Uranium ETF (URA)
- Position Type: Cash-Secured Put
- Entry Date: 29 June 2026
- Strike: $42
- Expiry: 17 July 2026
- Contract Length: 18 Days
- Premium Collected: $130
- Cash-on-Cash Return (CoCR): 5.13% per month or 61.5% per annum
What If?
If URA stays above $42: I keep the $130. Clean exit.
If URA drops below $42: I get assigned at $42, a price I’d happily own URA at, and the Wheel begins. Covered calls next.
URA appeared in last month’s recap too. There’s a reason for that. Uranium has been under pressure, which inflates the put premiums nicely. The thesis hasn’t changed. I’ll keep selling puts on it until the market agrees with me. 61.5% annualised while I wait.
💵 Trade #4: Cash-Secured Put on Super Micro Computer (SMCI)
- Position Type: Cash-Secured Put
- Entry Date: 10 June 2026
- Strike: $38
- Expiry: 17 July 2026
- Contract Length: 38 Days
- Premium Collected: $264
- Cash-on-Cash Return (CoCR): 5.44% per month or 65.3% per annum
What If?
If SMCI stays above $38: I keep the $264 premium. Job done.
If SMCI drops below $38: I get assigned at $38 and start selling covered calls. The Wheel rolls on.
SMCI is volatile. Always has been. That volatility means fat premiums for patient sellers. I waited for a red day, as I always do with CSPs, and the $264 premium at the $38 strike was the reward for that patience. 65.3% annualised. That number is real. So is the volatility that comes with it.
🧠 Options Tip of the Month: Earnings Season is Your Friend
Earnings season gets a bad reputation. Stocks gap up, gap down, nobody knows what’s coming. Most traders sit on their hands.
That’s exactly when I get busy.
Right after results drop, implied volatility is still elevated but the uncertainty is gone. You know which way the stock moved. You can sell options at inflated premiums while everyone else is still deciding what to think.
Wait for the report. Let the dust settle. Sell into the hangover. Ka-ching!
Right. That’s enough from me for June. See you in July with more trades, more chaos, and hopefully a little less heat… don’t like my chances though.
Want to see more trades?
These four are just a taste. I post more trades, ideas, and setups in our free Options Trading Discord where traders come to watch, learn, and ask questions from people who are actively in the market. No paywall. Just good people figuring this out together.
If you want to go deeper, The Alpha Desk is our paid channel inside the server. That’s where I share every trade I make, full breakdowns, weekly stock analysis, and strategy education.
Start with free. See if it’s your kind of place.
We hunt better in packs.
👉 Join the Free Community or the Alpha Desk above
Cheers
Andy
Sofia, Bulgaria
