Covered Call Closed — NFLX
Quick trade update from inside the portfolio. We originally sold 2 covered calls on Netflix (NFLX): • Expiration: March 20, 2026• Strike: $105• Contracts: 2• Premium collected: $107 per contract Total premium collected: $214 With about a week left before expiration, the option had already decayed about 93%, so we decided to close it early and lock in the profit. Close trade:• Buy to close: March 11, 2026• NFLX 3/20 $105 Call This is a common covered call management move. When most of the premium is already captured, many traders will close the position early instead of waiting for the final few dollars of decay. That frees up the shares so we can sell another covered call sooner. Goal is simple:Turn stock ownership into repeatable income. Not every trade will look this clean — but when time decay works in your favor, it’s nice to take the win and move on to the next one. More examples coming inside the community.