CC Manager

CC Income Manager

Jul 09, 2026 02:56 · ● CACHED

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

Jul'26 INCOME · CC + PUTS + INTEREST

$59,192

S$76,543

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

$7,354 interest

$39,128 booked

$12,710 pipeline

floor

ideal

dark teal = interest posted (last month's accrual, cash now) · solid = booked CC income · faded = projected pipeline (open CCs, net-adj)

Goal tracker - active target: Jul'26

Month	Gross	Net-adj	Gap to ideal
Jul'26 projected	$57,188	$51,838	$0
Aug'26 forecast	$0	$0	-

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 Jul'26 income

Projected Jul'26 income

$104,454

S$135,073

reaches ideal

floor $30,000 · ideal $50,000

$51,838 $30,024 $15,238

floor

ideal

Interest $7,354↓Base $51,838↓New CCs (rest of mo) $30,024↓E[rollover] $15,238↓= $104,454

Tap any segment or chip to jump to its panel below. Interest = posted cash interest (last month's accrual) · Base = booked so far + open-CC pipeline (net-adj) · New CCs = Insight 2 Max (sell every available contract), prorated to the days left in the month · 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	159 (46 expired full / 113 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)	$601
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 70%

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 (Jul'26)	$0
Gross premium to sell (grossed up 73%)	$0
Avg CC hold	8.4 days
Cycles that still fit this month	2.7

Actuals by account - Jul'26 realized

Account	Realized	Accruing MTD (stale)	Share
Neville	$22,199	$245	57%
Main	$9,255	$757	24%
RetireInc	$4,009	$233	10%
Joint	$3,665	$12	9%
TOTAL	$39,128	$1,247

Interest posted this month: $7,354 (last month's accrual as of Jun 30) → Realized + posted: $46,482

accruing now: $1,247 → posts next month

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, 23 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. Accruing MTD = live IBKR AccruedCash per account (posts as cash next month); interest posted (footer, total only) = last month's final accrual, paid early this month. Interest never counts in CC income totals or projections.

Insight 1 - open CC / put book (21 open, 0 to close, bank $0)

Ticker	Spot	Strike	CT	DTE	Surv	Collected	Outstanding	Exit Today	Action	Why
COINMain	159.7	215.0C	8	Jul 178d	99%	$536	$140	$396	hold	hold - still earning
IRENRetireInc	41.4	48.5C	20	Jul 101d	99%	$580	$270	$310	hold	hold - still earning
NEMMain	93.1	98.0C	5	Jul 101d	96%	$460	$122	$338	hold	hold - still earning
IRENMain	41.4	55.0C	20	Jul 178d	95%	$1,000	$660	$340	hold	hold - still earning
IRENJoint	41.4	55.0C	20	Jul 178d	95%	$1,000	$660	$340	hold	hold - still earning
GLDMain	374.9	410.0C	5	Jul 3122d	93%	$1,650	$420	$1,230	hold	hold - still earning
RKLBRetireInc	83.0	101.0C	6	Jul 178d	92%	$738	$381	$357	hold	hold - still earning
GOOGJoint	355.5	380.0C	5	Jul 178d	92%	$1,315	$440	$875	hold	hold - still earning
GOOGMain	355.5	380.0C	10	Jul 178d	92%	$2,630	$880	$1,750	hold	hold - still earning
HIMSMain	36.1	48.0C	15	Jul 2415d	91%	$615	$1,148	$-532	hold	hold - still earning
APPRetireInc	526.6	600.0C	1	Jul 178d	90%	$435	$345	$90	hold	hold - still earning
AMZNJoint	242.3	252.5C	10	Jul 134d	90%	$1,260	$555	$705	hold	hold - still earning
IGVMain	92.5	100.0C	12	Jul 2415d	87%	$1,164	$540	$624	hold	hold - still earning
QCOMRetireInc	185.7	207.5C	5	Jul 178d	87%	$1,525	$920	$605	hold	hold - still earning
MDBNeville	355.7	410.0C	1	Jul 2415d	87%	$35	$404	$-369	hold	hold - still earning
NOWMain	107.9	112.0C	10	Jul 101d	86%	$1,070	$790	$280	hold	hold - still earning
DELLRetireInc	429.1	450.0C	3	Jul 101d	82%	$534	$1,650	$-1,116	hold	hold - still earning
CRWVNeville	87.3	90.0C	5	Jul 101d	73%	-	$782	-	hold	hold - still earning
METAMain	606.5	630.0C	3	Jul 3122d	64%	$3,198	$6,690	$-3,492	hold	hold - still earning
MURetireInc	942.3	965.0P	1	Jul 101d	34%	$2,950	$4,550	$-1,600	hold	hold - still earning (bull put 965/750 spread, net)
RKLBNeville	83.0	115.0P	10	Jul 3122d	7%	$3,050	$33,500	$-30,450	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 5-14, survival >= 80%, gap $0)

Ticker	Spot	CC-SS	Strike	DTE	Surv	Avail	Max	No-spread	Mix
MUMain	915.3	1053.8	1040.0	Jul 189d	80%	5	$36,821/mo $8,592/wk5c	—	—
INTCNeville	108.8	116.6	123.0	Jul 189d	81%	5	$2,341/mo $546/wk5c	—	—

Variation	Contracts	Weekly $	Monthly $	Blended surv	Reaches floor / ideal
Max	10	$9,138	$39,162	81%	✓ floor · ✓ ideal
No-spread	0	$0	$0	0%	✓ floor · ✓ ideal
Mix	0	$0	$0	0%	✓ 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)
BMNRRetireInc	deep drawdown (safe floor 37% 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)

Ticker	Spot	Strike	DTE	Surv	Contracts	Net / mo
MUMain	915.3	1300.0	Jul 189d	98%	5	$3,433
INTCNeville	108.8	141.0	Jul 189d	95%	5	$497

Max-safety extra available: $3,931

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 Jul'26 end)

Ticker	Spot	Strike	DTE	Surv	Contracts	Collected	Cycles	Gross	E[income]
GOOGMain	355.5	380.0	Jul 178d	92%	10	$2,630	1.4x	$2,591	$2,384
QCOMRetireInc	185.7	207.5	Jul 178d	87%	5	$1,525	2.0x	$2,146	$1,865
AMZNJoint	242.3	252.5	Jul 134d	90%	10	$1,260	2.1x	$1,895	$1,711
RKLBRetireInc	83.0	101.0	Jul 178d	92%	6	$738	2.8x	$1,454	$1,342
GOOGJoint	355.5	380.0	Jul 178d	92%	5	$1,315	1.4x	$1,296	$1,192
IRENMain	41.4	55.0	Jul 178d	95%	20	$1,000	1.8x	$1,232	$1,164
IRENJoint	41.4	55.0	Jul 178d	95%	20	$1,000	1.8x	$1,232	$1,164
IRENRetireInc	41.4	48.5	Jul 101d	99%	20	$580	2.6x	$1,071	$1,056
NEMMain	93.1	98.0	Jul 101d	96%	5	$460	2.5x	$807	$774
DELL uwRetireInc	429.1	450.0	Jul 101d	82%	3	$534	2.5x	$937	$768
COINMain	159.7	215.0	Jul 178d	99%	8	$536	2.0x	$754	$747
IGVMain	92.5	100.0	Jul 2415d	87%	12	$1,164	0.8x	$681	$593
APPRetireInc	526.6	600.0	Jul 178d	90%	1	$435	1.7x	$509	$460
MDB uwNeville	355.7	410.0	Jul 2415d	87%	1	$35	0.8x	$20	$18

Gross $16,625 → E[rollover] $15,238 to Jul'26 end

Held CCs are not dead weight: a covered name expiring before Jul'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.