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Income Trader
Reliable Income From Time-Tested Strategies

Cabot Options Institute – Income Trader Portfolio: July 5, 2023

Portfolios are updated every Monday.

Open DateTickerStock Price (open)Stock Price (current)StrategyTradeOpen PriceCurrent PriceDelta
Income Wheel Portfolio - Open Trades
5/24/23WFC$40.77$42.18Short PutJuly 21, 2023 37.5 Put$1.01$0.350.17
6/21/23PFE$39.34$38.30Short PutAugust 18, 2023 37.5 Put$0.64$0.450.38
6/21/23GDX$30.14$29.79Covered CallAugust 18, 2023 33 Call$0.52$0.410.78
6/21/23KO$61.26$61.20Covered CallAugust 18, 2023 62.5 Call$0.85$0.780.63
6/30/23DKNG$26.57$26.25Short PutAugust 18, 2023 22.5 Put$0.63$0.660.2
6/30/23BITO$16.77$16.73Short PutAugust 18, 2023 15 Put$0.78$0.560.3
Open DateClose DateTickerStrategyTradeOpen PriceClosed PriceProfitReturn
Income Wheel Portfolio - Closed Trades
6/3/227/8/22PFEShort PutJuly 8, 2022 50 Put$0.65$0.00$0.651.30%
6/10/227/15/22GDXShort PutJuly 15, 2022 29 Put$0.66Assigned at $29($2.75)-9.48%
6/10/227/15/22BITOShort PutJuly 15, 2022 16 Put$0.82Assigned at $16($2.09)-13.10%
6/22/227/21/22WFCShort PutJuly 29, 2022 35 Put$0.80$0.02$0.782.23%
6/30/228/10/22KOShort PutAugust 19, 2022 57.5 Put$0.70$0.03$0.671.20%
7/21/228/10/22WFCShort PutAugust 19, 2022 39 Put$0.46$0.04$0.421.08%
7/18/228/17/22BITOCovered CallAugust 19, 2022 16 Call$0.50$0.03$0.473.59%
7/18/228/17/22GDXCovered CallAugust 19, 2022 28 Call$0.63$0.05$0.572.22%
7/11/228/23/22PFEShort PutAugust 19, 2022 50 Put$1.00Assigned at $50$0.210.43%
8/17/229/7/22BITOCovered CallSeptember 23, 2022 16.5 Call$0.55$0.03$0.524.00%
8/17/229/7/22GDXCovered CallSeptember 23, 2022 28 Call$0.59$0.07$0.522.03%
8/23/229/23/22PFECovered CallOctober 21, 2022 50 Call$1.50$0.09$1.412.82%
8/10/229/23/22KOShort PutSeptember 23, 2022 60 Put$0.62Assigned at $60($0.78)-1.30%
8/10/229/23/22WFCShort PutSeptember 23, 2022 41 Put$0.61Assigned at $41$0.020.05%
9/7/2210/17/22BITOCovered CallOctober 21, 2022 14 Call$0.40$0.03$0.372.60%
9/7/2210/17/22GDXCovered CallOctober 21, 2022 26 Call$0.70$0.04$0.662.50%
9/26/2210/21/22WFCCovered CallOctober 21, 2022 41 Call$1.30Called away at $41$1.894.67%
9/26/2210/21/22KOCovered CallOctober 21, 2022 60 Call$0.70$0.00$0.701.20%
9/23/221028/2022PFECovered CallOctober 28, 2022 47 Call$0.56Called away at $47$3.497.43%
10/17/2211/17/22BITOCovered CallNovember 25, 2022 13.5 Call$0.38$0.03$0.352.60%
10/25/2211/17/22WFCShort PutNovember 25, 2022 43 Put$0.96$0.07$0.892.00%
10/17/2211/25/22GDXCovered CallNovember 25, 2022 26 Call$0.58Called away at $26$1.093.87%
10/25/2211/25/22KOCovered CallNovember 25, 2022 60 Call$0.80Called away at $60$2.203.75%
11/3/2212/8/22PFEShort PutDecember 16, 2022 45 Put$1.08$0.02$1.062.36%
11/17/2212/19/22BITOCovered CallDecember 30, 2022 12 Call$0.45$0.04$0.413.42%
11/17/2212/30/22WFCShort PutDecember 30, 2022 44 Put$1.02Assigned at $44($1.37)-3.11%
11/29/231/9/23GDXShort PutJanuary 20, 2023 26 Put$0.87$0.02$0.853.27%
12/8/221/13/23PFEShort PutJanuary 13, 2023 49 Put$0.62Assigned at $49($0.53)-1.08%
12/19/221/20/23BITOCovered CallJanuary 20, 2023 11.5 Call$0.30Called away at $11.5$1.4914.70%
11/29/221/20/23KOShort PutJanuary 20, 2023 60 Put$0.84$0.00$0.841.40%
1/5/232/17/23WFCCovered CallFebruary 17, 2023 45 Call$0.84Called away at $45$4.2310.17%
1/9/232/17/23GDXShort PutFebruary 17, 2023 29 Put$0.54Assigned at $29($0.05)-0.10%
1/23/232/17/23KOShort PutFebruary 17, 2023 59 Put$0.62$0.00$0.621.05%
1/23/232/17/23BITOShort PutFebruary 17, 2023 13.5 Put$0.52$0.00$0.523.85%
1/20/233/1/23PFECovered CallMarch 3, 2023 46 Call$1.00$0.02$0.982.18%
2/22/233/23/23BITOShort PutMarch 31, 2023 31 Put$0.50$0.05$0.453.46%
2/22/233/29/23KOShort PutMarch 31, 2023 59 Put$0.86$0.02$0.841.42%
3/1/233/29/23PFECovered CallApril 6, 2023 42 Call$0.65$0.05$0.601.43%
2/21/233/31/23GDXCovered CallMarch 31, 2023 29.5 Call$0.75Called away at $29.5$1.846.48%
2/23/233/31/23WFCShort PutMarch 31, 2023 43 Put$0.53Assigned at $43($4.87)-11.32%
3/29/234/28/23KOShort PutMay 19, 2023 60 Puts$0.76$0.08$0.681.13%
3/29/234/28/23PFECovered CallMay 19, 2023 42.5 Call$0.53$0.05$0.481.23%
4/4/235/8/23GDXShort PutMay 19, 2023 32 Put$0.78$0.70$0.712.22%
3/23/235/18/23BITOShort PutMay 19, 2023 15 Put$1.10$0.03$1.077.13%
4/4/235/24/23WFCCovered CallMay 19, 2023 40 Call$0.55Called away at $40$3.9410.76%
4/28/236/16/23PFECovered CallJune 16, 2023 40 Call$0.63Called away at $40$1.714.40%
3/29/236/16/23KOShort PutJune 16, 2023 62.5 Put$0.70Assigned at $62.5($0.13)-0.21%
5/8/236/16/23GDXShort PutJune 16, 2023 34 Put$0.91Assigned at $34($1.70)-5.00%
5/18/236/30/23BITOShort PutJune 30, 2023 14 Put$0.45$0.01$0.443.14%

92.07%

Income Trader Portfolio
7/26/228/17/22JPMShort PutSeptember 16, 2022 100 Put$1.22$0.16$1.061.10%

1.10%

Andy Crowder is a professional options trader, researcher and Senior Analyst at Cabot. Formerly with Oppenheimer & Co. in New York, Andy has leveraged his investment experience to develop his statistically based options trading strategy which applies probability theory to option valuations in order to execute risk-controlled trades. This proprietary strategy has been refined through two decades of research and real-world experience and has been featured in the Wall Street Journal, Seeking Alpha, and numerous other financial publications. Andy has helped thousands of option traders learn and implement his meticulous rules-driven options trading strategies through highly attended conferences, one-on-one coaching, webinars, and his work as a financial columnist. He currently resides in Bolton Valley, Vermont and when he’s not trading, teaching and writing about options, he enjoys spending time with his wife and two daughters, backcountry skiing, biking, running and enjoying all things outdoors.