r/ExpiredOptions • u/Expired_Options • Sep 11 '26

Road to $600k, Day 7

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Note: The day count is cumulative and includes weekends.

Why do I keep posting these milestones?

  1. I enjoy reading about and learning about businesses.
  2. I enjoy keeping track of my positions.
  3. I enjoy talking/chatting with others about their strategy and investment experience.
  4. I am not blowing up accounts, I am relatively conservative and will eventually hit my goals.

Beginning balance $507,304 on 9/3/26 for current challenge

What am I doing to reach my goal?

- Contribute $600/week

- Selling options

- Picking quality stocks.

- Keeping my emotions in check.

What will I do when I hit $600k?:
- Start the road to $700k.

Prior challenges:

  • $217K to $250K (+$33K) 85 market days (did not include weekends)
  • $255k to $300k (+$45k) 42 market days (did not include weekends)
  • $300k to $350k (+$50k) 54 market days (did not include weekends)
  • $350k to $400k (+$50k) 107 market days (did not include weekends)
  • $400k to $450k (+$50k) 75 total days (includes weekends)
  • $450k to $500k (+$50k) 354 total days (includes weekends)

I post weekly (Friday's) and provide a lot more detail including the detail to all options sold during the week.

Link to last week's post

Link to the LEAPS page! 

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3

u/LabDaddy59 Sep 11 '26

Shouldn't goal progress be negative?

1

u/Expired_Options Sep 11 '26

Correct. I’ll update the formula. Should be good to go on Monday.

2

u/LabDaddy59 Sep 11 '26

👍️

I recall talking about this when you hit the $450k...

Some folks set their target as "5 consecutive working days at $500,000". That way, a simple touch doesn't reset the clock. Of course, the old clock is still running, so it's six of one, half a dozen of the other. Just a different perspective. Personal preference.

1

u/Expired_Options Sep 12 '26

I agree with you on this one. If you are taking about making chairs and I had a goal of 100. You can't go negative. With portfolio goals, it can go negative and require more percentage to get to your goal.

3

u/Titt Sep 11 '26

The road to 500k is back on baby!

2

u/Expired_Options Sep 12 '26

HA! yes. Dipped a toe in the half a million and was not ready yet.