
When options expire, I no longer have any associated obligations. The options premium collected become free and clear, also known as secured. Since I started options trading to boost DivGro's dividend income, I've secured options income totaling $29,404.
I usually write monthly options update articles summarizing options trades and also to keep track of options income. These updates serve as a status report on open options and potential obligations. In contrast, this article covers expirations.