Episode 414 Option Trading Podcast February 13, 2026

The February 13 episode of The Weekly Option blends market recap with a personal‑strategy deep‑dive. Eric opens by noting a down‑week for the Dow and S&P 500, then shifts to the ‘topic of the week’: using a trading journal to match option tactics with individual psychology. He argues that tracking wins and losses reveals bias, helping traders flip losing patterns into repeatable returns. This self‑audit sets the stage for the review of last week’s covered calls, cash‑secured puts, credit spreads, and debit spreads across Open Door Technologies, Ocular Therapeutics, Ford, and Bank of America.

The trade review highlights practical adjustment decisions. After a 45‑cent slide, the Open Door covered call was rolled down to a $4.50 strike, instantly erasing a $0.24 loss. Ocular Therapeutics’ cash‑secured put stayed untouched as after‑hours buying pushed the stock back above the breakeven, preserving the full premium. Ford’s short put spread remains out‑of‑the‑money, prompting a choice between early profit capture or full‑term hold. Conversely, the Bank of America debit spread suffered a $4 drop; Eric opts to hold rather than multiply risk with a risky credit‑spread conversion. Each case underscores disciplined risk management.

Looking ahead, Eric introduces four March‑expiration ideas: a covered call on Cypher Mining, a cash‑secured put on Core Scientific, a credit spread on Carnival Cruise Lines, and a debit spread on New Scale Power. He outlines strike selections, breakeven points, and potential returns ranging from 11 % to 17 % over five weeks, reinforcing the importance of aligning position size with market volatility and personal risk tolerance. For professional traders seeking actionable insight, the episode delivers a concise roadmap for journal‑driven adjustments and new opportunity scouting, while reminding listeners to treat all strategies as educational, not advisory.