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March 2026 CCR Results — $85,633.77 Premium Collected | 18.14% Efficiency

Just closed the March cycle. Here's what the data looks like.


Portfolio-Level Results

  • Total Premium Collected: $85,633.77

  • Overall Premium Efficiency: 18.14%

  • Scaled Portfolio Metric: $118,640.29

  • Positions tracked: 25 across tech, semis, industrials, energy, materials, and consumer


Assigned Positions (Capital Recycled)

ALCOA (AA), CIENA (CIEN), CALUMET (CLMT), INTEL (INTC), NETGEAR (NTGR), SOLAREDGE (SEDG), SANDISK (SNDK), SEAGATE (STX), WESTERN DIGITAL (WDC) — plus a few others.

These weren't losses. Every assigned position exited at the defined strike price with full premium already captured. That's cycle completion, not failure.


Standout Performers

  • NTGR: 46.29% premium efficiency

  • SNDK: 25.03%

  • BE: 24.60%

  • AA: 23.28%

  • USAR: 22.57%


What Drove the Cycle


Premium was elevated across sectors. Volatility was priced in — which is exactly when the covered call structure earns its keep. We weren't predicting direction. We were extracting income from implied volatility across a diversified basket.


Assignment was by design. The CCR Framework positions strikes in the zone where assignment is an acceptable outcome — not something to avoid. When a position gets called away, capital redeploys into the next cycle. The process doesn't stop; it resets.


~30 DTE structure held. This remains the backbone of the approach for a reason: theta decay efficiency is highest here, liquidity is strong, and assignment probability is manageable without giving away premium.


Quick Takeaways on the Numbers:


  • High efficiencies (30%–46%) usually come from shorter-dated or higher-volatility names where the premium was rich relative to the entry price (e.g., Netgear at 46.29%).

  • Moderate efficiencies (9%–18%) are more typical for lower-vol names or further out-of-the-money strikes.

  • portfolio average of 18.14% for the month is very solid for a covered call strategy — it reflects good strike selection and timing in March 2026 conditions.

  • Bottom line: This aligns well with a disciplined CCR approach that focuses on premium generation relative to capital at risk.


The Bigger Point.


Most income-focused options traders still benchmark against "did I miss the upside?" The CCR Framework benchmarks against something different: did I extract income as structured, and is the process repeatable?


At 18.14% efficiency across a 30-day cycle, the answer this month was yes.


Already positioning April. Capital fully deployed. Income structured. Process repeatable.


This content is for educational and informational purposes only. Options trading involves risk, including potential loss of capital. Covered calls limit upside and do not eliminate downside exposure. Conduct your own research and consult a licensed financial professional before trading.


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