🔥 RUMble #1: Starting the Engine

by Ryan Rush | Jun 7, 2025 | FIRE Engine

🔥 RUMble #1: Starting the Engine

Alright, let’s light this thing up.

This is the first official entry in my FIRE Engine journey — where I document every trade, premium, mistake, and milestone as I try to build a passive income machine one covered call at a time.

If you read the pinned post, you know what this is about. If not: I’m trying to replace my work income by stacking premium cash on a stock I already own.

No fluff. No hype. Just RUM, sweat, and slow gains.

📦 My Current Position

• 225.73 shares of $RUM
• Price at time of post: $9.19
• Goal: Get to 300 shares, then 400, and so on
• Selling covered calls 1 contract at a time (for now)

🧾 Options Sold This Week

✅ 1x $RUM 7/18 $9 Call — Sold for $0.95

This was a covered call against 100 of my shares. If RUM is over $9 by July 18th, I might get assigned and sell those shares at $9 — but I still keep the $95 premium either way.

✅ 1x $RUM 10/17 $8 Call — Sold for $2.13

I sold this one slightly in the money against another 100 shares to generate a big up-front premium. That’s $213 in my account now. If it gets called away, I’ll be okay with it. That’s the deal — you trade some upside for guaranteed income.

Total Premium Collected This Week:

💰 $308 ($95 + $213)

🔁 Reinvesting the Premium

With $308 in hand, I’m already eyeing more $RUM shares. At $9.19/share, that’s another 33 shares soon to be added to the machine.

That gets me closer to 300 shares — which means three contracts — which means more premium — which means more compounding.

This is the part most people skip: don’t spend it. Stack it.

🎯 This Week’s Takeaway

This was a big week — the engine is officially running, and the wheels are turning. I’m now making weekly income from a stock I already owned, and honestly, that’s kind of wild.

But let me be real with you…

I had to roll both of these contracts way out—one into July, the other all the way into October.

Why? Because two weeks ago, $RUM had a surprise spike and I was sitting on covered calls that were about to get exercised early. I didn’t want to give up my shares just yet, so I rolled the contracts out farther to keep the shares and still lock in premium.

That’s part of the game. Sometimes you give up upside for stability. Sometimes you delay income to keep the machine intact.

⚠️ Heads up: Next week might be quiet.

Since I’ve already sold two contracts weeks in advance, I may not be making much next week. That’s the trade-off for adjusting mid-move. But I’ll break all that down as it happens so we can learn this thing together — the wins and the messes.

Because let’s be honest: no one learns from the perfect trades. We learn from the scrappy ones that make us think, “Okay, how do I handle this better next time?”

🎁 Want to Start Yours?

If you want to try the FIRE Engine strategy yourself, I use Robinhood to run mine. It’s clean, simple, and lets you sell covered calls without all the nonsense.

Sign up with my link and we’ll both get a free stock to fuel the machine:
👉 https://join.robinhood.com/ryanr886

🧯 See you next Friday for RUMble #2.

Let’s see what this engine can really do.

🔥 The F.I.R.E Engine

by Ryan Rush | Jun 7, 2025 | FIRE Engine

🔥 The F.I.R.E Engine

How I’m Building a Passive Income Machine (One Covered Call at a Time)

Let me be straight with you:

I’m not a financial guru.
I don’t own ten rental properties.
And I’m not here to pitch you a course that promises freedom while I secretly make money selling you the course.

I work long shifts. I’ve got a family. And like a lot of people, I started wondering…

“Is there a way to make money while I’m working, without gambling or babysitting charts all day?”

So I started building something.

I call it the F.I.R.E Engine—short for Freedom Income Reinvestment Engine.

And yeah, it might blow up in my face.

But if it works, you’ll see exactly how I did it. And if it doesn’t, you’ll get a front-row seat to my slow-motion financial faceplant. Either way, it should be fun.

🔧 What Is the F.I.R.E Engine?

It’s a covered call strategy built for people who don’t have a ton of money but do have a bit of grit, patience, and Wi-Fi.

Here’s the recipe:

1. Buy 100 shares of a stock (I started with $RUM).
2. Sell a call option against those shares—basically renting them out.
3. Someone pays me cash (called a premium) for the right to buy them at a set price.
4. If the stock goes up? I might have to sell them at a profit.
   If it doesn’t? I keep the shares and the premium.
5. Use the premium to buy more shares, and repeat.

It’s not sexy. It’s not risky.
But it works—like a snowball with a steering wheel.

🛠 Why It’s Called an Engine

Because once it starts rolling, it feeds itself.

The shares give you the ability to sell calls.
The calls pay you in premiums.
The premiums buy more shares.
The new shares give you more calls to sell.
More calls = more income.
More income = faster growth.

You’re not just stacking cash. You’re building a machine that stacks itself.

And the more it grows, the less you have to do.

🔐 Why It’s Safe(ish)

There’s no such thing as “no risk” — but this is about as calm as options trading gets:

• You already own the shares, so you’re not on margin.
• If the stock rises, you profit.
• If the stock falls a bit, you still collected premium to soften the blow.
• And if it tanks completely… well, then we cry together and restart the engine.

You’re not trying to beat the market. You’re trying to build your own paycheck.

💸 What If You’re Broke?

Good. That’s where I started.

This isn’t for guys with private equity portfolios. This is for people who:

• Work 10-hour shifts
• Budget like their life depends on it
• Want to slowly claw their way out of financial dependence

You don’t need $10,000. You need enough to buy 100 shares of a stock—preferably a cheaper one with solid weekly premiums (again, I use $RUM right now).

Even a $20 premium per week adds up when you reinvest. The key is:

Don’t spend it. Stack it.

Let the machine grow. Snowballs don’t start big. They start small and roll consistently.

🎯 What’s the Goal?

Simple:
Replace my job income with contract income.

Not all at once. Not with risky bets. But piece by piece.

• $20/week
• Then $40
• Then $100
• Until one day, I look at my portfolio and realize I don’t have to clock in anymore.

It might take years. But if I’m going to be working anyway… why not let my money work alongside me?

📝 What You’ll See Here

Every Weekend, I post my weekly logbook:

• What trades I made
• What premiums I earned
• Any rolls, mistakes, or reinvestments
• And maybe a meme or two to keep it interesting

I call these posts “RUMbles” — because I started with $RUM, and it just sounded cooler than “F.I.R.E Engine Log #3.”

If I change stocks later, the strategy stays the same.
The stock is the fuel.
The F.I.R.E Engine is the machine.

🎁 Want to Start Your Own F.I.R.E Engine?

If you’re ready to try this out, Robinhood is the app I use. It’s clean, free to use, and lets you sell covered calls without all the extra noise.

If you sign up with my link, we’ll both get a free stock — no strings.
Could be Ford ($F). Could be something random.
Either way, it’s fuel for your engine.

👉 https://join.robinhood.com/ryanr886

Start small. Let it grow. Don’t overthink it.

🧯 Final Thought

This strategy isn’t going to make headlines.
It’s not flashy.
But you know what?

Freedom doesn’t come from excitement. It comes from ownership.

I don’t want to gamble. I want to build.
Something boring. Something consistent. Something mine.

Welcome to The F.I.R.E Engine.
Strap in, check the oil, and let’s roll.