CC Manager

CC Income Manager

Jul 08, 2026 23:43 · ● CACHED

Insight 2 chains reused from the fortress_rebuild scan · Jul 08, 21:46 · 2h ago. Insight 1: IBKR offline — replaying last live snapshot (1h old).

Jul'26 CC + PUT CLEAN INCOME

$51,708

floor $30,000 · ideal $50,000 · 24 days left · ideal reached

floor

Goal tracker - active target: Aug'26

Month	Gross	Net-adj	Gap to ideal
Jul'26 projected	$57,528	$51,708	-
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

$95,397

reaches ideal

floor $30,000 · ideal $50,000

$39,666 $55,731

floor

ideal

New CCs $39,666↓E[rollover] $55,731↓= $95,397

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 (47 expired full / 111 bought back / 14 run over)
Avg time CC stays open	8.3 days
Win rate (kept >= 0) / run-over rate	91% / 9%
Avg premium given up (per bought-back CC)	$609
Give-up ratio (buyback / premium)	26.3%
Mean keep (blended)	74%
Forecast keep (median complete month)	70% · 2026-04 86%, 2026-05 64%, 2026-06 70%, 2026-07 69%

Early-cover read: MODERATE - keeping ~74% 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 74%)	$67,815
Avg CC hold	8.3 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	$3,761	10%
Joint	$3,665	10%
TOTAL	$37,880

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, 21 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 (25 open, 3 to close, bank $1,899)

Ticker	Spot	Strike	CT	DTE	Surv	Collected	Outstanding	Exit Today	Action	Why
COINMain	158.4	215.0C	8	Jul 179d	99%	$536	$164	$372	hold	hold - still earning
MSTRRetireInc	93.6	112.0C	4	Jul 102d	97%	$308	$54	$254	CLOSE	captured 82%, weak theta left
IRENNeville	41.9	60.0C	20	Jul 179d	96%	$1,280	$400	$880	hold	hold - still earning
SPYNeville	742.3	765.0C	12	Jul 179d	96%	-	$246	-	hold	hold - still earning
GLDMain	371.1	410.0C	5	Jul 3123d	94%	$1,650	$372	$1,278	CLOSE	captured 77%, weak theta left
NEMMain	92.4	98.0C	5	Jul 102d	93%	$460	$92	$368	CLOSE	captured 80%, weak theta left
HIMSMain	34.8	48.0C	15	Jul 2416d	93%	$615	$682	$-68	hold	hold - still earning
MUNeville	936.8	1180.0C	2	Jul 179d	93%	-	$1,565	-	hold	hold - still earning
IRENMain	41.9	55.0C	20	Jul 179d	92%	$1,000	$860	$140	hold	hold - still earning
IRENJoint	41.9	55.0C	20	Jul 179d	92%	$1,000	$860	$140	hold	hold - still earning
IRENRetireInc	41.9	48.5C	20	Jul 102d	92%	$580	$470	$110	hold	hold - still earning
APPRetireInc	511.9	600.0C	1	Jul 179d	92%	$435	$268	$168	hold	hold - still earning
RKLBRetireInc	83.0	101.0C	6	Jul 179d	91%	$738	$468	$270	hold	hold - still earning
IGVMain	91.7	100.0C	12	Jul 2416d	88%	$1,164	$570	$594	hold	hold - still earning
GOOGJoint	359.1	380.0C	5	Jul 179d	87%	$1,315	$665	$650	hold	hold - still earning
GOOGMain	359.1	380.0C	10	Jul 179d	87%	$2,630	$1,330	$1,300	hold	hold - still earning
AMZNJoint	242.1	252.5C	10	Jul 135d	87%	$1,260	$680	$580	hold	hold - still earning
QCOMRetireInc	184.2	207.5C	5	Jul 179d	87%	$1,525	$850	$675	hold	hold - still earning
MDBNeville	353.9	410.0C	1	Jul 2416d	87%	$35	$488	$-452	hold	hold - still earning
NOWMain	106.6	112.0C	10	Jul 102d	82%	$1,070	$680	$390	hold	hold - still earning
DELLRetireInc	423.0	450.0C	3	Jul 102d	79%	$534	$1,522	$-988	hold	hold - still earning
CRWVNeville	87.1	90.0C	5	Jul 102d	67%	-	$825	-	hold	hold - still earning
METAMain	602.7	630.0C	3	Jul 3123d	66%	$3,198	$6,188	$-2,990	hold	hold - still earning
MURetireInc	936.8	965.0P	1	Jul 102d	35%	$2,950	$5,090	$-2,140	hold	hold - still earning (bull put 965/750 spread, net)
RKLBNeville	83.0	115.0P	10	Jul 3123d	8%	$3,050	$33,125	$-30,075	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 179d	80%	5	$37,295/mo $8,702/wk5c	$37,295/mo $8,702/wk5c	$29,836/mo $6,962/wk4c
INTCNeville	108.8	116.6	123.0	Jul 179d	81%	5	$2,372/mo $553/wk5c	$2,372/mo $553/wk5c	$1,897/mo $443/wk4c

Variation	Contracts	Weekly $	Monthly $	Blended surv	Reaches floor / ideal
Max	10	$9,256	$39,666	81%	✓ floor · ✗ ideal
No-spread	10	$9,256	$39,666	81%	✓ floor · ✗ ideal
Mix	8	$7,404	$31,733	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)
MSTRRetireInc	deep drawdown (safe floor 80% 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	359.1	380.0	Jul 179d	87%	10	$2,630	4.7x	$8,767	$7,658
QCOMRetireInc	184.2	207.5	Jul 179d	87%	5	$1,525	6.4x	$6,899	$5,995
META uwMain	602.7	630.0	Jul 3123d	66%	3	$3,198	3.8x	$8,452	$5,557
IRENNeville	41.9	60.0	Jul 179d	96%	20	$1,280	5.6x	$5,067	$4,889
AMZNJoint	242.1	252.5	Jul 135d	87%	10	$1,260	5.9x	$5,264	$4,592
RKLBRetireInc	83.0	101.0	Jul 179d	91%	6	$738	9.0x	$4,674	$4,233
GOOGJoint	359.1	380.0	Jul 179d	87%	5	$1,315	4.7x	$4,384	$3,829
IRENMain	41.9	55.0	Jul 179d	92%	20	$1,000	5.6x	$3,959	$3,654
IRENJoint	41.9	55.0	Jul 179d	92%	20	$1,000	5.6x	$3,959	$3,654
IGVMain	91.7	100.0	Jul 2416d	88%	12	$1,164	4.6x	$3,771	$3,332
IRENRetireInc	41.9	48.5	Jul 102d	92%	20	$580	6.5x	$2,653	$2,441
COINMain	158.4	215.0	Jul 179d	99%	8	$536	6.4x	$2,425	$2,396
DELL uwRetireInc	423.0	450.0	Jul 102d	79%	3	$534	6.3x	$2,367	$1,871
APPRetireInc	511.9	600.0	Jul 179d	92%	1	$435	5.5x	$1,669	$1,532
MDB uwNeville	353.9	410.0	Jul 2416d	87%	1	$35	4.6x	$113	$98

Gross $64,424 → E[rollover] $55,731 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.