Weekly Income Trade Recap – TSLA & XOM Put Writing Strategy​ Week ending January 30, 2026 This past week was relatively quiet for me in terms of trading activity. I executed just two trades, both designed for conservative income generation through cash-secured put writing. Here's the breakdown: Trade 1: TSLA Cash-Secured Put​ Underlying: TSLA Trade Date: Tuesday, Jan 27 Expiration: Friday, Jan 30 Strike: 400 Premium Collected: $2.95/share Return on Risk: 0.74% in 3 days Why TSLA 400? TSLA was in pre-earnings mode with elevated implied volatility and strong gamma dynamics. The 400 strikes had the highest open interest (OI 18,675) and volume (24,169 contracts) on the put side — a clear indication of market maker positioning. Gamma exposure was heavily skewed to that strike (approximately -820, nearly 2x higher than surrounding strikes), meaning dealers had significant incentive to defend it. TSLA had been in an uptrend since the last earnings report, and although Tuesday saw a short-term decline, the 400 level was a probable support zone. I sold the put near the 9:30 AM retest of that level. With an ATR around 10–12, TSLA would have needed to drop 2–3x ATR (~$36+) in 3 days for my position to be challenged — a risk I was comfortable with. Even if assigned, I'd be willing to hold TSLA at $400. Trade 2: XOM Cash-Secured Put​ Underlying: ExxonMobil (XOM) Trade Date: Monday, Jan 26 Expiration: Friday, Jan 30 Strike: 130 Premium Collected: $0.50/share Return on Risk: 0.40% in 4 days Why XOM 130? XOM was trading around $136 and had strong bullish momentum YTD, supported by positive analyst sentiment (year-end targets between $140–150). The 130-strike had decent OI (~6K contracts), while the 135 strikes had significantly higher OI (~13.7K contracts), offering what I considered a protective buffer zone. The stock's volatility was elevated, historically speaking, which enhanced premium collection. Even if assigned, I viewed 130 as a desirable entry price, especially with the upcoming dividend of $1.03/share providing additional income potential.

TRADE PLAN for LOTTO Friday SPX what a recovery from the lows. SPX bounced 100 points. SPX wants that 7000 break. SPX Jan 30 700C can work above 6980 tmrw QQQ setting up for 637 in February, Once it gets through 650 coming very fast. QQQ Jan 30 630C can work above 629 MU gapping after hours.. 500 coming in February as well. MU through 450 can test 460-465 tomorrow. MU Jan 30 455C can work above 450 Good luck tmrw everyone!!

will see 481