The Options Millionaire Episode 56 - My Weekly Routine
Oct 10, 2025
A look inside a trader’s weekly routine and how he manages Friday covered calls for steady income. A breakdown of a 3X growth plan using multi-year LEAP calls on SPY and why index plays smooth out risk. Practical steps for selling, buying back, and risk controls. Talk of coaching wins, member value, and a new merch store.
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Small Account LEAPs Delivered 17% In Months
- Peter shows a small account where two LEAPs (bought for about $1,200 or $12,000) are at 71–80% producing a $9,300 unrealized profit.
- That profit equates to a 17% account return in three to four months on that account.
Reinvest LEAP Gains To Compound Growth
- Reinvest LEAP profits to compound growth while limiting risk exposure.
- Peter reinvests proceeds when a LEAP hits 100% to '3X his risk' (not account) aiming for higher annualized returns over years.
Modest Annual Returns Compound Substantially
- Compounding a 20% annual return over five years turns $60,000 into roughly $149,299.
- Peter uses investor.gov examples to show realistic multi-year wealth building from repeatable option strategies.