šŸ¤– Post 14: How to Automate the FIRE Engine

(So You’re Not Babysitting It All Week)

Let’s be honest:

You didn’t start this strategy because you wanted another job.
You started it because you wanted freedom. Passive income. Simplicity.

So here’s the good news:

The FIRE Engine doesn’t need to be micromanaged.
You can automate 90% of it with a few simple habits.

Let’s break it down.


šŸ—“ļø Step 1: Set a Weekly Check-In Time

Pick one day a week to do your FIRE Engine maintenance.

  • I useĀ Friday morningsĀ (before options expire)
  • You could useĀ Thursday nights, orĀ Monday openings — whatever works for your rhythm

Put it on your calendar as:

šŸ”§ FIRE Engine Check-In – 15 Minutes

You’ll use this time to:

  • Check if your current call is in-the-money
  • Decide whether to let it ride, close it, or roll it
  • Sell your next contract if the last one expired

That’s it. Fifteen minutes a week. Done.


šŸ“ˆ Step 2: Use Reminders or Automations

You can set this up however you want:

  • Google Calendar reminder
  • Phone alarm
  • Sticky note on your monitor
  • Weekly task in your to-do app

The key is to make it part of your routine ā€” like brushing your teeth, but more profitable.


šŸ” Step 3: Create a Rolling Rule of Thumb

Rolling decisions can stress people out — but they don’t have to.

Here’s a super simple rule I use:

ā€œIf the stock is close to my strike on Thursday or Friday, I look to roll. If not, I let it expire and sell a new one.ā€

Easy.

No panic. No emotion. No overthinking.
Just stick to the plan.


šŸ“ Step 4: Use a Tracker (That Doesn’t Suck)

If you’ve been following along since Post 10, you know I track:

  • Premiums earned
  • Contracts sold
  • Share count
  • ROI over time

This helps me know:

  • When to scale up
  • What’s working
  • And how much I’m actually earning

Use my template or build your own — just make sure it doesn’t become spreadsheet jail.


🧠 Why This Works

People fail at covered calls not because the strategy is hard…
…but because they treat it like a guessing game instead of a rhythm.

When you:

  • Set a weekly check-in
  • Follow a repeatable system
  • Avoid emotional trades

You take 90% of the stress out of it — and leave 100% of the profit in.


🧠 Bottom Line

Covered calls shouldn’t take over your life.
Build a weekly rhythm. Automate what you can.
Let the FIRE Engine do the heavy lifting.

You’re not a trader.
You’re a builder.


šŸ‘‰ Up Next: [Post 15: How This Strategy Fits Into the Bigger Picture (FIRE, Freedom & Long-Term Wealth)]
Want to see what my weekly check-ins look like? Follow the FIRE Engine blog.

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