Building up my cash reserves. Preparing to focus fully on the wheel strategy in the very near future. Selling some of my shares on every pump. Hope to be 80% cash by end of year.

💰 New covered call income play on $NBIS just executed. I sold 7x $NBIS $120 Calls expiring 12/26 for $2.55 each, collecting $1,784.86 in premium upfront. Here’s exactly what this means: 🧠 The Setup This is a covered call. I already own 700 shares of $NBIS, and I’m renting them out for income. By selling the $120 calls, I’m agreeing to sell my shares at $120 if NBIS is above that price by 12/26. 📈 Why I Like This Trade • Generates nearly $1,800 in instant cash flow • $120 is a price I’d be happy to trim shares at • I remain bullish long term but monetize short term volatility • If NBIS chops or cools off, I keep all the premium and my shares ✅ Two Ways This Wins 1. NBIS stays below $120: The options expire worthless. I keep the full $1,784 as pure income and still own all 700 shares. 2. NBIS runs above $120: My shares get sold at $120 plus I keep the $1,784 premium. That’s profit on the stock move and on the option. ⚠️ Only Risk If NBIS absolutely rips past $120, my upside is capped above that level. I’m fine with that because the goal here is consistent income, not chasing blow-off tops.