CC Manager

CC Income Manager

Jul 09, 2026 22:48 · ● CACHED

Insight 2 chains reused from the fortress_rebuild scan · Jul 09, 21:44 · 1h ago. Insight 1: IBKR offline — replaying last live snapshot (0h old).

Jul'26 INCOME · CC + PUTS + INTEREST

$68,059

S$87,978

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

$7,354 interest

$39,128 booked

$21,577 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	$69,788	$60,705	$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

$122,569

S$158,440

reaches ideal

floor $30,000 · ideal $50,000

$60,705 $37,780 $16,730

floor

ideal

Interest $7,354↓Base $60,705↓New CCs (rest of mo) $37,780↓E[rollover] $16,730↓= $122,569

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	$287	57%
Main	$9,255	$876	24%
RetireInc	$4,009	$272	10%
Joint	$3,665	$13	9%
TOTAL	$39,128	$1,449

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

accruing now: $1,449 → 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 (26 open, 2 to close, bank $748)

Ticker	Spot	Strike	CT	DTE	Surv	Collected	Outstanding	Exit Today	Action	Why
COINMain	157.6	215.0C	8	Jul 178d	100%	$536	$304	$232	hold	hold - still earning (cached mark)
IRENMain	42.7	55.0C	20	Jul 178d	100%	$1,000	$1,230	$-230	hold	hold - still earning (cached mark)
IRENJoint	42.7	55.0C	20	Jul 178d	100%	$1,000	$1,230	$-230	hold	hold - still earning (cached mark)
HIMSMain	36.2	48.0C	15	Jul 2415d	100%	$615	$2,295	$-1,680	hold	hold - still earning (cached mark)
NOWMain	107.1	112.0C	10	Jul 101d	100%	$1,070	$385	$685	hold	hold - still earning (cached mark)
GOOGJoint	351.2	380.0C	5	Jul 178d	96%	$1,315	$400	$915	hold	hold - still earning (cached mark)
GOOGMain	351.2	380.0C	10	Jul 178d	96%	$2,630	$800	$1,830	hold	hold - still earning (cached mark)
IRENRetireInc	42.7	48.5C	20	Jul 101d	96%	$580	$180	$400	CLOSE	near-worthless, cheap to bank
AMZNJoint	241.3	252.5C	10	Jul 134d	93%	$1,260	$335	$925	hold	hold - still earning
RKLBRetireInc	83.6	101.0C	6	Jul 178d	92%	$738	$348	$390	hold	hold - still earning
SPCXNeville	148.9	175.0C	5	Jul 178d	91%	$550	$488	$62	hold	hold - still earning
APPRetireInc	521.5	600.0C	1	Jul 178d	91%	$435	$262	$172	hold	hold - still earning
INTCNeville	112.7	130.0C	5	Jul 156d	91%	$500	$375	$125	hold	hold - still earning
IRENNeville	42.7	53.0C	20	Jul 178d	90%	$960	$980	$-20	hold	hold - still earning
IGVMain	93.1	100.0C	12	Jul 2415d	89%	$1,164	$420	$744	hold	hold - still earning (cached mark)
GLDMain	378.1	410.0C	5	Jul 3122d	87%	$1,650	$430	$1,220	hold	hold - still earning (cached mark)
NEMMain	94.8	98.0C	5	Jul 101d	86%	$460	$113	$348	CLOSE	captured 76%, weak theta left
MDBNeville	363.6	410.0C	1	Jul 2415d	83%	$35	$443	$-408	hold	hold - still earning
GLDMain	378.1	390.0C	5	Jul 178d	83%	$680	$688	$-8	hold	hold - still earning
METAMain	595.0	630.0C	3	Jul 3122d	79%	$3,198	$3,982	$-784	hold	hold - still earning (cached mark)
QCOMRetireInc	191.9	207.5C	5	Jul 178d	79%	$1,525	$1,365	$160	hold	hold - still earning
ENPHRetireInc	45.7	50.0C	10	Jul 178d	77%	$960	$990	$-30	hold	hold - still earning
MURetireInc	1015.0	965.0P	1	Jul 101d	76%	$2,950	$1,077	$1,873	hold	hold - still earning (bull put 965/750 spread, net)
DELLRetireInc	454.8	450.0C	3	Jul 101d	44%	$534	$4,170	$-3,636	hold	hold - still earning
CRWVNeville	92.5	90.0C	5	Jul 101d	33%	-	$1,850	-	hold	hold - still earning
RKLBNeville	83.6	115.0P	10	Jul 3122d	7%	$3,050	$32,375	$-29,325	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	1009.5	1053.1	1140.0	Jul 178d	81%	5	$30,573/mo $7,134/wk5c	—	—
GOOGNeville	353.5	336.9	370.0	Jul 178d	85%	15	$7,780/mo $1,815/wk15c	—	—
SPYNeville	746.7	693.7	755.0	Jul 145d	82%	12	$7,233/mo $1,688/wk12c	—	—
NVDANeville	203.8	203.2	212.5	Jul 156d	80%	5	$1,747/mo $408/wk5c	—	—
GOOGNeville	353.5	374.7	375.0	Jul 178d	89%	5	$1,570/mo $366/wk5c	—	—
COINRetireInc	157.0	188.1	190.0	Jul 178d	95%	3	$377/mo $88/wk3c	—	—

Variation	Contracts	Weekly $	Monthly $	Blended surv	Reaches floor / ideal
Max	45	$11,498	$49,279	84%	✓ 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 37% above spot)
BMNRRetireInc	deep drawdown (safe floor 35% above spot)
NEMMain	deep drawdown (safe floor 25% above spot)
MSTRRetireInc	deep drawdown (safe floor 79% above spot)
IRENRetireInc	deep drawdown (safe floor 50% above spot)
COPXJoint	deep drawdown (safe floor 27% above spot)
CLSKRetireInc	deep drawdown (safe floor 32% above spot)
GLXYMain	longer-term bullish hold (excluded)
MUNeville	deep drawdown (safe floor 23% above spot)
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	1009.5	1340.0	Jul 178d	97%	5	$4,504
GOOGNeville	353.5	382.5	Jul 178d	95%	15	$2,252
SPYNeville	746.7	764.0	Jul 178d	94%	12	$1,540
GOOGNeville	353.5	382.5	Jul 178d	95%	5	$751
NVDANeville	203.8	225.0	Jul 2213d	91%	5	$487
COINRetireInc	157.0	190.0	Jul 178d	95%	3	$377

Max-safety extra available: $9,910

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)

Ticker	Spot	CC-SS	Strike	DTE	Surv	Contracts	$ / cycle
MUNeville	1009.5	1243.4	1250.0	Jul 2415d	87%	2	$3,550

Recovery income this cycle: $3,550

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	351.2	380.0	Jul 178d	96%	10	$2,630	1.4x	$2,591	$2,497
AMZNJoint	241.3	252.5	Jul 134d	93%	10	$1,260	2.1x	$1,895	$1,754
QCOMRetireInc	191.9	207.5	Jul 178d	79%	5	$1,525	2.0x	$2,146	$1,696
RKLBRetireInc	83.6	101.0	Jul 178d	92%	6	$738	2.8x	$1,454	$1,336
GOOGJoint	351.2	380.0	Jul 178d	96%	5	$1,315	1.4x	$1,296	$1,248
IREN uwMain	42.7	55.0	Jul 178d	100%	20	$1,000	1.8x	$1,232	$1,232
IREN uwJoint	42.7	55.0	Jul 178d	100%	20	$1,000	1.8x	$1,232	$1,232
IREN uwNeville	42.7	53.0	Jul 178d	90%	20	$960	1.8x	$1,182	$1,065
ENPH uwRetireInc	45.7	50.0	Jul 178d	77%	10	$960	1.7x	$1,123	$865
COINMain	157.6	215.0	Jul 178d	100%	8	$536	2.0x	$754	$754
INTCNeville	112.7	130.0	Jul 156d	91%	5	$500	2.3x	$804	$729
GLD uwMain	378.1	390.0	Jul 178d	83%	5	$680	1.6x	$788	$651
IGVMain	93.1	100.0	Jul 2415d	89%	12	$1,164	0.8x	$681	$603
SPCXNeville	148.9	175.0	Jul 178d	91%	5	$550	1.7x	$643	$588
APPRetireInc	521.5	600.0	Jul 178d	91%	1	$435	1.7x	$509	$463
MDB uwNeville	363.6	410.0	Jul 2415d	83%	1	$35	0.8x	$20	$17

Gross $18,351 → E[rollover] $16,730 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.