It’s been a full week in the RUMble Engine, and while the stock price took a dip, my confidence didn’t move an inch.
Let’s break it down.
📉 RUM Dropped This Week — Good.
RUM started the week up around $8.92, and slowly dropped throughout, closing Friday at around $8.60.
Most people would see red and freak out.
I saw green — opportunity green — and bought 5 more shares at $8.61, bringing my total to 239.393038 shares.
I didn’t do anything fancy. I didn’t overthink it.
The price dipped, so I bought more. That’s the whole play.
💸 I Still Have Two Covered Calls Working
Here’s what’s still running on my board:
- 1x $9 Call expiring July 18th — this one’s paying me while Theta eats it alive
- 1x $8 Call expiring October 17th — a longer-term income builder
Both were sold earlier for upfront premium. And even with the price drop this week, they’re doing exactly what I want them to do.
🧠 Let Me Explain Why I’m Not Worried
People ask, “Aren’t you losing money if the stock drops?”
Nope. Because I don’t just own the stock — I run a machine that gets paid whether the price goes up, down, or sideways.
And the real reason I’m able to stay calm is thanks to one of the Greeks — Theta.
🧪 Quick Greek Lesson (Keep This Simple)
Options contracts are affected by things called “The Greeks.” Here’s the only one you need to care about this week:
Theta = Time Decay
Every day that passes, my open call contracts lose value simply because time is ticking. I already got paid when I sold them — so that decay is profit for me.
This week:
- My $9 call dropped from $0.85 to $0.68
- I’m over 60% profitable on it now — even though the stock dropped!
That’s Theta.
That’s the machine.
📊 Weekly Recap
- 📉 RUM dropped from $8.92 → $8.60
- 🛒 I bought more shares at $8.61
- 📈 Share total: 239.393038
- 🧾 Options active: $9 (Jul 18), $8 (Oct 17)
- 💸 Premiums already collected: $365
- 📉 Current cost basis (adjusted): ~$6.34/share
- 🔋 Cash on hand: $0 — I deploy everything into share growth
- 🧠 Emotional reaction: None
🔮 What’s Next?
- I’m watching that $9 call — if it dips near $0.30, I may close it early and reload for more premium.
- The $8 October call stays untouched for now — it’s got plenty of time left to burn down.
- I’ll keep adding shares on red days and selling calls on green ones.
- And I’ll keep letting Theta do the heavy lifting behind the scenes.
🏁 Final Word:
I’m not trading. I’m operating.
The RUMble machine doesn’t care about short-term dips.
It cares about premium, patience, and stacking shares until this machine pays me $1,000 a week.
And this week?
✅ Bought low
✅ Collected Theta
✅ Let it ride
Stick around. I’ll post the next checkpoint after the weekend.
The snowball’s rolling, and it’s just getting started.
🎁 Wanna Start Building Your Own RUMble Machine?
Grow wealth. Stack shares. Collect premium.
And hey — grab some FREE STOCKS and FREE MONEY while you’re at it.
I use Robinhood to run this machine, and if you’re curious or ready to build your own:
👉 Start your own account here — you’ll get free stocks just for signing up.
join.robinhood.com/ryanr886
No pressure — but if you’re gonna play the game, you might as well start with a little house money.