Retire Income Portfolio FORTRESS Deployed book · 10 fortresses · targeting $550K max loss
28 May 2026
Positions
10
111 contracts
Max Loss
$535.3K
$14.7K to $550K
Invested Capital
$129.3K
24% of ML
Monthly Income
$66,386
prorated DTE-based
Annual Income
$796,632
148.8% ROI on ML
Leverage
5.43x
$702.8K notional

Progress to $550K Max Loss

$535,335 deployed · 97.3%
$14,665 of headroom remaining. One small non-crypto position completes the build.

Position Allocation

Ticker Ct Invested Cap Max Loss Notional Leverage Monthly Income Ann. ROI (ML) Sector
QCOM5$17,000$77,000$115,1406.8x$12,067188.1%Semiconductor
RKLB6$15,930$69,930$88,8005.6x$10,800G185.3%Space
IREN10$5,200$52,200$65,00012.5x$9,643G221.7%Crypto / HPC
BMNR50$31,250$71,250$112,2003.6x$8,689146.3%Crypto
APP1$12,800$48,300$60,1004.7x$6,429G159.7%Adtech / AI
AMD1$8,580$39,580$49,5725.8x$4,735143.6%Semiconductor
MSTR4$4,800$56,800$65,34013.6x$4,60097.2%Crypto Proxy
COIN3$5,940$43,440$55,3959.3x$4,294118.6%Crypto Exchange
SOFI30$17,250$41,250$48,3602.8x$2,87683.7%Fintech
TSLA1$10,585$35,585$42,9294.1x$2,25376.0%Auto / Tech
TOTAL 111 $129,335 $535,335 $702,836 5.43x $66,386 148.8%
G = income shown gross (from deployment sheet). Other rows are net-of-hedge from optimizer runs. See footer.

Sector Allocation (% of Max Loss)

Crypto
41.8%
$223,690 · BMNR/MSTR/COIN/IREN
Semiconductor
21.8%
$116,580 · QCOM/AMD
Space
13.1%
$69,930 · RKLB
Adtech / AI
9.0%
$48,300 · APP
Fintech
7.7%
$41,250 · SOFI
Auto / Tech
6.6%
$35,585 · TSLA

Risk & Concentration Callouts

Crypto Concentration — 41.8%
BMNR + MSTR + COIN + IREN carry $223,690 of max loss, the dominant cluster. IREN added the most recent crypto exposure (a BTC miner with an AI/HPC pivot). The final ~$15K and any future trims should be non-crypto to pull this toward the low 30s.
High-Leverage Structures
MSTR 13.6x, IREN 12.5x, COIN 9.3x. These carry tiny net debits because the short put sits in-the-money — spectacular ROI-on-IC, but deeper assignment exposure if those names sell off hard. Max loss is cash-collateralized, so no forced liquidation, but these are the highest-octane builds.
Income & Efficiency
$66,386/mo, ~$797K/yr at 148.8% ROI on max loss. Top three income names (QCOM, RKLB, IREN) supply 49% of the total. Blended leverage 5.43x on $702.8K of notional.
Diversification Improving
Six sectors now, up from four. Space (RKLB) and Adtech/AI (APP) are genuine non-crypto, non-semi additions. SOFI remains the only pure fintech, the lone name uncorrelated to both crypto and AI/tech.
Near Target
$535,335 deployed, 97.3% of the $550K max-loss goal. One mid-sized non-crypto fortress (~$15K ML) completes the build, or call it done given the cap is a soft reference.
Income Basis
RKLB, APP, IREN show gross monthly income from deployment sheets; the other seven show net-of-hedge from optimizer runs. Standardizing the whole column to gross (sheet) basis is pending — it would lift the older rows slightly.
Methodology · Safe Strike = Max(LC + ND, (LC + SP + ND) / 2). Monthly income prorated DTE-based: Monthly = (30/DTE) × (Premium × Shares). Leverage = notional / invested capital. Max loss is fully cash-collateralized (no forced-liquidation risk).

Data provenance · IC and Max Loss for all 10 positions from your RetireInc Jan 2028 deployment sheets. Income: RKLB/APP/IREN gross from sheets; QCOM/AMD/MSTR/COIN/SOFI/TSLA net from optimizer; BMNR net. SOFI sized at 30ct (sheet showed 35ct, 30ct per your instruction).

Open items · Decide whether to standardize income column to sheet gross. Fill final ~$15K (non-crypto preferred). Active CC roll management on thin-margin names (BMNR, COIN). Monitor the three high-leverage ITM-short-put builds (MSTR, IREN, COIN) in any sharp drawdown.