CC Manager

CC Income Manager

Jul 09, 2026 01:13 · ● CACHED

Insight 2 chains reused from the fortress_rebuild scan · Jul 09, 00:59 · 0h ago. Insight 1: IBKR offline — replaying last live snapshot (1h old).

Jul'26 CC + PUT CLEAN INCOME

$51,739

floor $30,000 · ideal $50,000 · 23 days left · ideal reached

done

floor

$38,128 booked · $13,611 projected pipeline (open CCs, net-adj)

Goal tracker - active target: Aug'26

Month	Gross	Net-adj	Gap to ideal
Jul'26 projected	$57,468	$51,739	-
Aug'26 forecast	$0	$0	$50,000

The forward (open-CC) premium is GROSS - it assumes every open call expires worthless. Historically only 70% is kept (the rest is bought back when stocks run), so the Net-adj column haircuts the forecast to match the realized number. Gap is measured on Net-adj.

Tracking to goal - projected Aug'26 income

Projected Aug'26 income

$95,310

reaches ideal

floor $30,000 · ideal $50,000

$39,148 $56,163

floor

ideal

New CCs $39,148↓E[rollover] $56,163↓= $95,310

Tap any segment or chip to jump to its panel below. Base = existing book's forecast · New CCs = Insight 2 Max (sell every available contract) · E[rollover] = held CCs re-written before month-end, income survival-weighted (expected value).

Step A - 3-month income-CC behaviour

Metric	Value
Closed CC round-trips	158 (46 expired full / 112 bought back / 14 run over)
Avg time CC stays open	8.4 days
Win rate (kept >= 0) / run-over rate	91% / 9%
Avg premium given up (per bought-back CC)	$604
Give-up ratio (buyback / premium)	27.2%
Mean keep (blended)	73%
Forecast keep (median complete month)	70% · 2026-04 85%, 2026-05 64%, 2026-06 70%, 2026-07 69%

Early-cover read: MODERATE - keeping ~73% of premium; some room to widen strikes.

Excluded 9 structural ticker(s) (net CC < 0 over all history = un-caps, not income): ARM, AVGO, CIFR, GDX, HIMS, HOOD, NOW, SOFI, UAMY. These are removed the same way sheet_to_pf does, so the give-up ratio reflects genuine income-CC behaviour, not the cost of intentionally un-capping Fortress winners.

Window: last 3 months by close date. Run over = an income CC bought back at a net loss (stock ran past the strike). DBB / defensive un-caps are NOT counted here.

Premium needed to reach ideal

Quantity	Value
Gap to ideal (Aug'26)	$50,000
Gross premium to sell (grossed up 73%)	$68,714
Avg CC hold	8.4 days
Cycles that still fit this month	n/a (planning next month)

Actuals by account - Jul'26 realized

Account	Realized	Share
Neville	$21,199	56%
Main	$9,255	24%
RetireInc	$4,009	11%
Joint	$3,665	10%
TOTAL	$38,128

Realized clean income booked this Jul'26. The sheet has no account column, so each closed trade is attributed via: exact strike held in an account this month (book + history, 22 matched), 2 qty-fingerprinted, 4 split pro-rata. CSV fortress sizes are the truth for the qty fingerprint (MU 5 contracts = Main, 2 = Neville) and the pro-rata fallback.

Insight 1 - open CC / put book (23 open, 2 to close, bank $1,670)

Ticker	Spot	Strike	CT	DTE	Surv	Collected	Outstanding	Exit Today	Action	Why
MSTRRetireInc	93.9	112.0C	4	Jul 101d	100%	-	$54	-	hold	hold - still earning
COINMain	160.3	215.0C	8	Jul 178d	99%	$536	$140	$396	hold	hold - still earning
IRENRetireInc	40.9	48.5C	20	Jul 101d	99%	$580	$360	$220	hold	hold - still earning
NEMMain	92.0	98.0C	5	Jul 101d	98%	$460	$68	$392	CLOSE	captured 85%, weak theta left
IRENNeville	40.9	60.0C	20	Jul 178d	98%	$1,280	$330	$950	hold	hold - still earning
IRENMain	40.9	55.0C	20	Jul 178d	95%	$1,000	$710	$290	hold	hold - still earning
IRENJoint	40.9	55.0C	20	Jul 178d	95%	$1,000	$710	$290	hold	hold - still earning
GLDMain	370.5	410.0C	5	Jul 3122d	95%	$1,650	$372	$1,278	CLOSE	captured 77%, weak theta left
HIMSMain	34.9	48.0C	15	Jul 2415d	93%	$615	$758	$-142	hold	hold - still earning
APPRetireInc	513.3	600.0C	1	Jul 178d	93%	$435	$272	$162	hold	hold - still earning
RKLBRetireInc	82.2	101.0C	6	Jul 178d	93%	$738	$381	$357	hold	hold - still earning
AMZNJoint	241.3	252.5C	10	Jul 134d	92%	$1,260	$510	$750	hold	hold - still earning
NOWMain	106.7	112.0C	10	Jul 101d	91%	$1,070	$600	$470	hold	hold - still earning
GOOGJoint	358.0	380.0C	5	Jul 178d	90%	$1,315	$565	$750	hold	hold - still earning
GOOGMain	358.0	380.0C	10	Jul 178d	90%	$2,630	$1,130	$1,500	hold	hold - still earning
IGVMain	91.9	100.0C	12	Jul 2415d	89%	$1,164	$540	$624	hold	hold - still earning
QCOMRetireInc	183.9	207.5C	5	Jul 178d	88%	$1,525	$835	$690	hold	hold - still earning
MDBNeville	356.6	410.0C	1	Jul 2415d	86%	$35	$520	$-485	hold	hold - still earning
DELLRetireInc	425.9	450.0C	3	Jul 101d	84%	$534	$1,650	$-1,116	hold	hold - still earning
CRWVNeville	85.3	90.0C	5	Jul 101d	84%	-	$560	-	hold	hold - still earning
METAMain	604.3	630.0C	3	Jul 3122d	65%	$3,198	$6,548	$-3,350	hold	hold - still earning
MURetireInc	928.1	965.0P	1	Jul 101d	26%	$2,950	$5,446	$-2,496	hold	hold - still earning (bull put 965/750 spread, net)
RKLBNeville	82.2	115.0P	10	Jul 3122d	7%	$3,050	$33,900	$-30,850	hold	hold - still earning (put income)

Collected = premium you sold it for. Outstanding = cost to buy it back now. Exit Today = profit/loss locked in if you close now. CLOSE = banked most of it and the slot is better redeployed.

Insight 2 - CCs to sell (DTE 5-30, survival >= 80%, gap $50,000)

Ticker	Spot	CC-SS	Strike	DTE	Surv	Avail	Max	No-spread	Mix
MUMain	915.3	1053.8	1040.0	Jul 189d	80%	5	$36,807/mo $8,588/wk5c	$36,807/mo $8,588/wk5c	$29,446/mo $6,871/wk4c
INTCNeville	108.8	116.6	123.0	Jul 189d	81%	5	$2,341/mo $546/wk5c	$2,341/mo $546/wk5c	$1,872/mo $437/wk4c

Variation	Contracts	Weekly $	Monthly $	Blended surv	Reaches floor / ideal
Max	10	$9,134	$39,148	81%	✓ floor · ✗ ideal
No-spread	10	$9,134	$39,148	81%	✓ floor · ✗ ideal
Mix	8	$7,308	$31,318	81%	✓ floor · ✗ ideal

Each variation cell shows the contracts to sell and the weekly / monthly income that ticker brings (so you can compare e.g. HIMS vs MU). Same income strike per fortress. Max = sell every available contract (full income capacity). No-spread = concentrate on the best names to hit the goal. Mix = risk-adjusted pick, soft-capped at 67%/ticker (the balanced default). CC-SS is the safe floor; Strike is at/above it.

NOT BEING SOLD

Ticker	Reason
RIOTJoint	longer-term bullish hold (excluded)
ETHAMain	deep drawdown (safe floor 38% above spot)
GLDMain	deep drawdown (safe floor 26% above spot)
GLDMain	deep drawdown (safe floor 26% above spot)
BMNRRetireInc	deep drawdown (safe floor 37% above spot)
NEMMain	deep drawdown (safe floor 27% above spot)
ENPHRetireInc	deep drawdown (safe floor 41% above spot)
COPXJoint	deep drawdown (safe floor 30% above spot)
CLSKRetireInc	deep drawdown (safe floor 35% above spot)
GLXYMain	longer-term bullish hold (excluded)
SOFIRetireInc	structural - you un-cap this name (net-CC < 0)

Insight 2b - extra income at MAX safety (complements No-spread)

No practical safe premium left on the contracts No-spread leaves unused.

On the contracts No-spread leaves unused, the SAFEST strike that still pays a practical premium (>= 40/contract) - extra income at maximum survival without touching the gap-fill picks.

Insight 2c - recovery income on underwater fortresses (DTE up to 45)

No underwater fortress pays meaningful premium at/above its CC-SS.

For deep-drawdown fortresses you are waiting on: the best CC at/above CC-SS out to 45 DTE that still pays >= 1000/cycle. Safe by construction (at/above CC-SS) - harvest income while the structure recovers.

Insight 2d - expected rollover income (held CCs re-written before Aug'26 end)

Ticker	Spot	Strike	DTE	Surv	Contracts	Collected	Cycles	Gross	E[income]
GOOGMain	358.0	380.0	Jul 178d	90%	10	$2,630	4.5x	$8,329	$7,517
QCOMRetireInc	183.9	207.5	Jul 178d	88%	5	$1,525	6.4x	$6,899	$6,076
META uwMain	604.3	630.0	Jul 3122d	65%	3	$3,198	3.7x	$8,292	$5,403
IRENNeville	40.9	60.0	Jul 178d	98%	20	$1,280	5.6x	$5,067	$4,956
AMZNJoint	241.3	252.5	Jul 134d	92%	10	$1,260	5.8x	$5,164	$4,742
RKLBRetireInc	82.2	101.0	Jul 178d	93%	6	$738	9.0x	$4,674	$4,337
GOOGJoint	358.0	380.0	Jul 178d	90%	5	$1,315	4.5x	$4,165	$3,758
IRENMain	40.9	55.0	Jul 178d	95%	20	$1,000	5.6x	$3,959	$3,750
IRENJoint	40.9	55.0	Jul 178d	95%	20	$1,000	5.6x	$3,959	$3,750
IGVMain	91.9	100.0	Jul 2415d	89%	12	$1,164	4.5x	$3,700	$3,275
IRENRetireInc	40.9	48.5	Jul 101d	99%	20	$580	6.5x	$2,653	$2,618
COINMain	160.3	215.0	Jul 178d	99%	8	$536	6.4x	$2,425	$2,401
DELL uwRetireInc	425.9	450.0	Jul 101d	84%	3	$534	6.2x	$2,323	$1,963
APPRetireInc	513.3	600.0	Jul 178d	93%	1	$435	5.3x	$1,637	$1,521
MDB uwNeville	356.6	410.0	Jul 2415d	86%	1	$35	4.5x	$111	$96

Gross $63,357 → E[rollover] $56,163 to Aug'26 end

Held CCs are not dead weight: a covered name expiring before Aug'26 end frees its shares to be re-written. Cycles come from your real re-write cadence (STEP A median hold, ~8d), not the residual DTE. Income is expected value = collected × 70% keep × cycles × survival (you only re-write if you keep the shares), so there is no survival cliff - an uw (banked < 0) row simply carries a lower survival weight, not a different formula. Defensive and deep-drawdown names route to 2c instead.

Read-only and advisory. Places no orders.