$307 profit in SBUX
- themoneyloaf
- Dec 11, 2025
- 3 min read
Happy Sunday!
Not all trades work out immediately, which means sometimes they need to be rolled or defended.
This trade was the oldest position in my portfolio, dating back to August, and it was finally closed in November.
This week:
$307 profit in Starbucks (SBUX)
$307 profit in SBUX
Back in August I sold a $85 cash-secured put in SBUX, expiring Sep 19 for $100 in premium upfront.
Unfortunately, as you can see in the chart below, from the beginning of September, SBUX pretty much spent the next few months below $85, which means if I didn't do anything to the trade, I would need to buy 100 shares of SBUX at $85 per share, for a total of $8,500.
Not that that's a problem, I just typically won't accept assignment without trying to get myself out of this position.
So what happened is I had to perform not 1, not 2, but 3 rolls to manage this trade.
to Oct 17 at the same strike for $118 additional premium
to Nov 21 at the same strike for $230 additional premium
to Dec 19 at the same strike for $59 additional premium
This brings my total premium collected on the trade to $507.
The good news is that even though this position was challenging, SBUX never really crashed below $80, so just sticking with the position and giving it enough time to work out was likely to pay off in the end.
Eventually I paid $200 to close the trade, resulting in $307 realized profit (or just about 61% of max profit).
At the end of all this, the question is: is $300 profit over 3 months good?
Well, going back to the original trade where I took in $100 premium, my usual profit target would be about 50%, or $50.
Assuming I repeated the same trade each month for 3 months, that would be $150.
So not only did the trade go “badly”, I managed to come out the other end without getting assigned the 100 shares, and with more profit than if I'd performed the original trade 3x. So I think that's not too bad!
As always all the trades within this portfolio are updated in close to real-time to my private community (not recommendations). While I do share my own profit targets, they can of course be adjusted to meet your own risk profile as well.
You can find out more about my private community at the link below.
Closing thoughts & useful links
3 weeks left to 2025 and typically December is a bullish month for the markets, however I think November may have some investors on alert, and I wouldn't be surprised if there was a little more volatility yet to come before the year ends.
Have a good weekend!
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This article is for educational purposes only. This is my own portfolio which is being managed according to my goals and risk tolerance. Your situation is likely different and you should do your own due diligence before investing in stocks or options.
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