#FuzzyLEAPs Waiting did NOT pay off Friday. Early was best for OTM rolls.
Rolled $XSP Apr 24th 710 puts to Apr 27th 710 puts for 1.20 credit
Rolled $XSP Apr 24th 708 puts to Apr 27th 708 puts for .87 credit
Recent Updates
OptionsExpiration
EXPIRED:
MRVL 129/134 Bull Put Spread
PANW 147/157.5 Bull Put Spread
UVXY 47/45 Bear Call Spread
WDAY 142/135 Bear Call Spread
WDAY 141/136 Bear Call Spreads
WDAY 143/137 Bear Call Spread
WDAY 145/138 Bear Call Spread
WDAY 144/139 Bear Call Spreads
#OnlySpreads
BOIL 16.0 Covered Call
CAG 17.0 Covered Calls
CPB 24.0 Covered Calls
HPQ 21.0 Covered Calls
KHC 23.5 Covered Call
KHC 24.0 Covered Call
MSTX1 4.0 Covered Call
SPCE 5.0 Covered Calls
TZA 9.5 Covered Call
#EveryLittleBitHelps
BSX 55.0 Put
CAG 14.0 Put
CMCSA 27.0 Put
NCLH 18.0 Put
PCG 16.5 Put
T 25.0 Puts
#TinyPuts
Late trades
Started a new position in IP at $32.60
Added a tiny bit more of TSCO at $36.90
Added a bit more to a very old WU position at $8.13
#FallingKnife
Sold BAX 05/01/2026 22.0 Covered Calls at $0.05
#EveryLittleBitHelps
Bought to close 1 UVXY 04/24/2026 36/37.5 Bull Put Spread at $0.01
Bought to close PANW 04/24/2026 185/180 Bear Call Spreads at $0.03
Bought to close 1 PANW 04/24/2026 187.5/182.5 Bear Call Spread at $0.01
Replaced all those with 1 PANW 05/01/2026 195/190 Bear Call Spread at $0.40 Credit
#OnlySpreads
SPX
Bought to Close SPX Apr 24 2026 7100.0 Puts @ .90 (sold for 41.25)
Bought to Close SPX Apr 24 2026 7125.0 Puts @ 2.10 (sold for 55.35)
Sold SPX Apr 27 2026 7125.0 Puts @ 20.90 and 22.10
Rolled SPX Apr 24 2026 7075.0 Puts to Apr 27 2026 7075.0 Puts @ 15.00 credit (47.00 total now)
SPX rolls
Rolled $SPX Apr 24 7070 puts out to Apr 27 7070 puts @ 9.25 credit
Rolled $SPX Apr 24 7060 puts out to Apr 27 7060 puts @ 8.10 credit
UVXY Spreads closed
Bought to close 1 UVXY 04/24/2026 44/42.5 Bear Call Spread at $0.01
Bought to close 1 UVXY 04/24/2026 46/43 Bear Call Spread at $0.01
SPX
#fuzzyleaps
Since we never know how the day will play out, as an experiment, I am trying staggering my rolls throughout the day. I rolled one just now, and I’ll roll the next one around noonish.
Morning roll:
Rolled SPX Apr 24 2026 7050 Put to Apr 27 2026 7050 Put @ 11.00.
Happy Friday everyone! Sorry it…
Happy Friday everyone!
Sorry it has been a while between posts but have been very busy with my practice, trading, and Mtb race season also started.
Above is an image of a trade I put on last Friday. Started with just the BWB. Margin risk on that was 20k and the trade also cost about 21k. The market then made all time highs (amazes me that people like to by stuff when it is more expensive than ever). But I have learned how to trade the insanity and take advantage of it. If people want to give their money away I will take the other side of that trade.
The BWB was losing money so on Monday/Tuesday I legged into the BWB with the double calendar. Both of those cost about 16.5k. Today I am closing for about $7400 in profits. I have 2 sets of these on in different accounts. so 14-15k profits in a week. Max risk if you are being stingy 75k in total risk (cost of the trade plus margin x 2) so a 19.3% return in a week.
Not all win, but I never let any go to max loss and they can all be adjusted to gain more profits, break even, or change the risk profile.
Lots of people are marketing these trades on Youtube and to be honest I have worked with some of them on the sidelines. Full disclosure, Amy Meisner taught me the basics but I have since tweaked them for current market structure and will continue to adjust. But now you have the “Flyagonal”, the M3 and assorted variants, and a bunch of other traders on YouTube selling classes for these for anywhere from $400-5000. Most of them training it do not know all the specifics and eventually they will blow up their and their subscriber accounts. I know most on this forum can learn this and turn it into their own trading style. I taught this with Traders Reserve, but that group had difficulty understanding all the adjustments and they would often adjust trades to add more risk. A few claimed they blew up their accounts but never showed me their trade logs so I know they scaled too quickly and did not understand the Greeks enough to make proper adjustments. We sent out adjustments but they did not follow them.
If enough interest we can do a free webinar (I suspect it would take 3 to get all the adjustments out there) and I would like your thoughts on other adjustments I might be overlooking.
A few rules though: I assume no risk, I am not a licensed trader/broker/dealer, I will be sharing my copyrighted material so if I see anyone trying to sell this on YouTube or anywhere else you will be sued, and I am not running it as an advisory service. I don’t have time. It is ok to teach your family and friends but no one can make $$ off the training of it.
But if you want a limited risk, highly profitable, tax benefits in SPX trading tactic I am willing to share. It also works in other tickers but SPX has been the most efficient. My returns have been 499% from October 2022 until Dec 31, 2025. This year with the volatility I am already up another 92% and closing todays trades should put me over 100%. And it’s only April. That does not include compounding, just the raw profits.
But my days of unlimited risk and picking up pennies in front of the steam roller has been over since 2022. Took 3 years to perfect it.
Next Week!
Fasten your seat belts and put your helmets on! Wed the 29th Fed meeting and after hours earnings. Gonna be some great premium!
QQQI
#coveredcalls
Sto QQQI 15 MAY 2026 54 CALL @.55
PANW TSLA MRVL DOW Spreads closed
Bought to close 1 PANW 04/24/2026 145/155 Bull Put Spread at $0.01
Bought to close 1 TSLA 04/24/2026 342.5/345 Bull Put Spread at $0.01
Bought to close 1 TSLA 04/24/2026 347.5/350 Bull Put Spread at $0.01
Bought to close 1 TSLA 04/24/2026 412.5/410 Bear Call Spread at $0.01
Bought to close 1 TSLA 04/24/2026 407.5/405 Bear Call Spread at $0.01
Bought to close 1 MRVL 04/24/2026 130/135 Bull Put Spread at $0.01
Bought to close 1 MRVL 04/24/2026 128/133 Bull Put Spread at $0.01
Bought to close 1 DOW 04/24/2026 43/41.5 Bear Call Spread at $0.01
All to release margin early
XSP rolls 4/23/26
#FuzzyLEAPs Waiting paid off today; don’t know yet what this drop is about but I’ll take it
Rolled $XSP Apr 23rd 708 puts to Apr 24th 708 puts, 1.10 credit
I’m pushing it for the 710’s…
TSLA Puts closed
Bought to close 1 TSLA 04/24/2026 340/345 Bull Put Spread at $0.01
SPX
Same strikes (almost) all week in an unchanged market with VIX 20. Love it!
Rolled SPX Apr 23 2026 7075.0 Puts to Apr 24 2026 7075.0 Puts @ 8.00 credit (32.00 total now)
Rolled SPX Apr 23 2026 7100.0 Puts to Apr 24 2026 7100.0 Puts @ 10.50 credit (41.25 total now)
Rolled SPX Apr 23 2026 7125.0 Puts to Apr 24 2026 7125.0 Puts @ 12.00 credit (55.35 total now)
BSX Stock
Exited my tiny position in BSX at $66.20
Bought 2 days ago at $60.00
I’ll take 10 % + in 2 days
#FormerFallingKnife
SPX rolls
Rolled $SPX Apr 23 7060 puts out to Apr 24 7060 puts @ 7.20 credit
Rolled $SPX Apr 23 7070 puts out to Apr 24 7070 puts @ 8.20 credit
#FuzzyLEAPs
XSP rolls 4/22/26
#FuzzyLEAPs Waited awhile today but no drop materialized…
Rolled $XSP Apr 22nd 710 puts to Apr 23rd 710 puts, 1.30 credit
Rolled $XSP Apr 22nd 708 puts to Apr 23rd 708 puts, .90 credit
SPX rolls
Rolled $SPX Apr 22 7050 puts out to Apr 23 7070 puts @ 8.90 credit
Rolled $SPX Apr 22 7030 puts out to Apr 23 7060 puts @ 8.10 credit
#FuzzyLEAPs
SPX
Rolled SPX Apr 22 2026 7075.0 Puts to Apr 23 2026 7075.0 Puts @ 9.40 credit (24.00 total now)
Rolled SPX Apr 22 2026 7075.0 Puts to Apr 23 2026 7100.0 Puts @ 16.15 credit (30.75 total now)
Rolled SPX Apr 22 2026 7125.0 Puts to Apr 23 2026 7125.0 Puts @ 11.50 credit (43.35 total now)
SPX
#fuzzyleaps
Might be busy tomorrow, so:
Rolled SPX Apr 22 2026 7075 Puts to Apr 24 2026 7050 Puts @ 12.00.
Order floated to close today’s 7025 Put for a buck.
The above would leave me with 2/3 LEAPs covered.
Edit: The buy order to close today’s 7025 Put for 1.00 filled.
BOIL Covered Call closed out
Sold my BOIL stock in one account and covered the Apr 24th 15 covered Call.
Made a bit on both trades.
This small account is now all cash
ABT BSX TSCO stocks
Added a tiny bit of ABT at $93.00
Started a tiny new position in BSX at $60.00
Started a tiny new position in TSCO at $40.00
#FallingKnife
PANW UVXY TSLA MRVL Spreads
Sold 1 PANW 04/24/2026 187.5/182.5 Bear Call Spread ar $0.79 Credit
Sold 1 UVXY 04/24/2026 44/42.5 Bear Call Spread ar $0.22 Credit
Sold 1 UVXY 04/24/2026 47/45 Bear Call Spread ar $0.12 Credit
Sold 1 TSLA 04/24/2026 335/340 Bull Put Spread at $0.18 Credit
Sold 1 MRVL 04/24/2026 128/133 Bull Put Spread at $0.22 Credit
XSP rolls 4/21/26
#FuzzyLEAPs Rolled too early, but at least not at the highs.
Rolled $XSP Apr 21st 708 puts to Apr 22nd 708 puts, 1.00 credit
Rolled UP Apr 21st 700 puts to Apr 22nd 710 puts, 2.00 credit
SPX
#fuzzyleaps
As it turned out, I rolled too early. Oh, well. Tomorrow’s another day.
Rolled SPX Apr 21 2026 7075 Put to Apr 22 2026 7075 Put @ 10.00.
Rolled SPX Apr 21 2026 7025 Put to Apr 22 2026 7025 Put @ 6.00.
Rolled SPX Apr 21 2026 7050 Put to Apr 22 2026 7075 Put @ 9.65.
Total credit on the day = 25.65.
SPCE GIS
Sold SPCE 04/24/2026 5.0 Covered Calls at $0.01
Sold 1 GIS 05/15/2026 37.5 Covered Call at 0.35
#EveryLittleBitHelps
SPX rolls
Rolled $SPX Apr 21 7050 puts out to Apr 7050 puts @ 7.15 credit
Rolled $SPX Apr 21 7030 puts out to Apr 7040 puts @ 6.25 credit
VFC Stock
Sold the last tiny bit of my VFC stock at the prior 52 week high of $21.92.
Bought at $13.93
#FormerFallingKnife
SPX
Bought to Close SPX Apr 21 2026 7025.0 Puts @ .95 (sold for 16.90)
Bought to Close SPX Apr 21 2026 7050.0 Puts @ 1.85 (sold for 23.80)
Sold SPX Apr 22 2026 7075.0 Puts @ 14.45 and 14.90
Sold SPX Apr 22 2026 7125.0 Puts @ 31.85
WDAY MRVL Spreads
Sold 1 WDAY 04/24/2026 141/139 Bear Call Spread at $0.28 Credit
Sold 1 MRVL 04/24/2026 130/135 Bull Put Spread at $0.20 Credit
Sold 1 MRVL 04/24/2026 129/134 Bull Put Spread at $0.20 Credit
Sold 1 WDAY 05/01/2026 143/140 Bear Call Spread at $0.45 Credit
Sold 1 WDAY 05/01/2026 145/142 Bear Call Spread at $0.30 Credit
PAYX after hours
Sold a tiny bit of my position in PAYX at $93.30
Bought at $86.00
#FormerFallingKnife
DOW MRVL TSLA UVXY Spreads
Sold 1 DOW 04/24/2026 41/39 Bear Call Spread at $0.34 Credit
Sold 1 MRVL 04/24/2026 165/162.5 Bear Call Spread at $0.24 Credit
Sold 1 TSLA 05/01/2026 307.5/320 Bull Put Spread at $0.24 Credit
Sold 1 UVXY 05/01/2026 55/50 Bear Call Spread at $0.24 Credit
SPX rolls
Rolled $SPX Apr 20 7060 puts to Apr 21 7030 puts @ 5.05 credit
Rolled $SPX Apr 20 7050 puts to Apr 21 7050 puts @ 8.90 credit
XSP rolls 4/20/26
#FuzzyLEAPs
Rolled $XSP Apr 20th 708 puts to Apr 21st 708 puts, 1.13 credit
Rolled $XSP Apr 20th 700 puts to Apr 21st 700 outs, .39 credit
Also sold to close Dec 2028 660/660/700 LEAP spreads for 24.35. Bought for 42.00 on March 19th.
Loss on LEAPs -17.65
Profit on daily put sales since Mar 19th (started as deep ITM): +35.50
I will be rolling this to higher strikes in one account.
Monday trades
Sold 1 BOIL 04/24/2026 15.0 Covered Call at $0.12
Sold 1 BOIL 04/24/2026 16.0 Covered Call at $0.06
Sold HPQ 04/24/2026 21.0 Covered Calls at $0.10
Sold 1 KHC 04/24/2026 23.5 Covered Call at $0.05
Sold KHC 04/24/2026 24.0 Covered Calls at $0.02
Sold 1 MSTX1 04/24/2026 4.0 Covered Call at $0.04
#EveryLittleBitHelps
Sold 1 BSX 04/24/2026 55.0 Put at $0.15
Sold 1 CAG 04/24/2026 14.0 Put at $0.10
Sold 1 CMCSA 04/24/2026 27.0 Put at $0.17
Sold 1 HBAN 04/24/2026 15.0 Put at $0.10
Sold 1 T 04/24/2026 25.0 Put at $0.14
Sold 1 MSTX 05/01/2026 20.0 Put at $0.20
#TinyPuts
Sold out my tiny position in BXP at $58.40.
Bought at $53.00
Sold out my tiny position in MAA at $128.38.
Bought at $123.00
#FormerFallingKnife
SPX
#fuzzyleaps
Rolled SPX Apr 20 2026 7075 Put to Apr 21 2026 7075 Put @ 10.86.
Rolled SPX Apr 20 2026 7050 Put to Apr 21 2026 7050 Put @ 8.00.
STO SPX Apr 21 2026 7025 Put @ 5.50.
3/3 LEAPs covered now.
Switching to every day selling to maximize premium.
SPX
Rolled pre-market. Still well off the overnight lows. Mr. Market come and get ’em I dare ya!
Rolled SPX Apr 20 2026 7000.0 Puts to Apr 21 2026 7025.0 Puts @ 10.00 credit (16.90 total now)
Rolled SPX Apr 20 2026 7025.0 Puts to Apr 21 2026 7050.0 Puts @ 13.75 credit (23.75 total now)
Earnings 4/20 – 4/24
Econ Calendar 4/20 – 4/24
SPX
#fuzzyleaps
Expired: SPX Apr 17 2026 7000 Put (sold for 10.00).
2/3 LEAPs covered now.
Options Expiration
EXPIRED:
NFLX 122/116 Bear Call Spread
PANW 141/146 Bull Put Spread
UVXY 48/42 Bear Call Spread
BOIL 14.5 Covered Call
GIS 37.5 Covered Call
HPQ 20.5 Covered Calls
MSTX1 5.0 Covered Call
TZA 10.0 Covered Calls
CAG 14.0 Put
CE 60.0 Put
CPB 19.5 Put
KHC 21.50 Put
MSTX 21.0 Put
ASSIGNMENTS:
1 BAX 18.0 Covered Call
1 TZA 5.5 Put
XSP rolls 4/17/26
#FuzzyLEAPs
Rolled $XSP Apr 17th 700 puts to Apr 20th 700 puts, .40 credit
Rolled UP Apr 17th 694 puts to Apr 20th 708 puts, 1.35 credit
SPX
#fuzzyleaps
Rolled SPX Apr 20 2026 6925 Put up to Apr 20 2026 7075 Put @ 10.00.
SPX
Rolled SPX Dec 2030 7000.0 Puts to Dec 2030 7100.0 Puts @ 27.60 debit
SPX
#fuzzyleaps
Rolled SPX Dec 20 2030 7000 LEAP Put up to Dec 20 2030 7100 Put @ 28.00 Debit.
Then:
Rolled SPX Apr 17 2026 6975 Put to Apr 20 2026 7050 Put @ 11.00 Credit.
Closing CMG covered Call
Sold CMG stock at $36.02. Bought on a put assignment at $35
Bought to close 1 CMG $35.00 Covered Call at $1.04
Gave up only $0.02 getting out early and avioded the Tastytrade charges of $5 on assignments
Closing trades
Bought to close 1 DOW 04/17/2026 47.5/42.5 Bear Call Spread at $0.00
Bought to close 1 NFLX 04/17/2026 117/112 Bear Call Spread at $0.00
Bought to close 1 NFLX 04/17/2026 120/115 Bear Call Spread at $0.00
Bought to close 1 NFLX 04/17/2026 118/114 Bear Call Spread at $0.01
Bought to close 1 TSLA 04/17/2026 365/370 Bull Put Spread at $0.01
SPX
Bought to Close SPX Apr 17 2026 6950.0 Puts @ .60 (sold for 17.75)
Bought to Close SPX Apr 17 2026 6950.0 Puts @ .60 (sold for 25.40)
Bought to Close SPX Apr 17 2026 6975.0 Puts @ .75 (sold for 38.95)
Bought to Close SPX Apr 17 2026 7000.0 Puts @ 1.35 (sold for 44.95)
Sold SPX Apr 20 2026 7000.0 Puts @ 6.90
Sold SPX Apr 20 2026 7025.0 Puts @ 10.00
XSP rolls 4/16/26
#FuzzyLEAPs
Rolled $XSP Apr 16th 694 puts to Apr 17th 694 puts, .45 credit
Rolled UP Apr 16th 691 puts to Apr 17th 700 puts, 1.30 credit
SPX
#fuzzyleaps
BTC SPX Apr 16 2026 7000/6975 BUPS @ 2.50 (sold for 12.50).
Then:
STO SPX Apr 17 2026 7000 Put @ 10.00.
STO SPX Apr 17 2026 6975 Put @ 10.00.
STO SPX Apr 20 2026 6925 Put @ 16.00.
SPX
Busy morning so all rolled pre-market.
Rolled SPX Apr 16 2026 6900.0 Puts to Apr 17 2026 6950.0 Puts @ 5.35 credit (17.75 total now)
Rolled SPX Apr 16 2026 6925.0 Puts to Apr 17 2026 6950.0 Puts @ 5.15 credit (25.40 total now)
Rolled SPX Apr 16 2026 6950.0 Puts to Apr 17 2026 6975.0 Puts @ 7.60 credit (38.95 total now)
Rolled SPX Apr 16 2026 6975.0 Puts to Apr 17 2026 7000.0 Puts @ 11.25 credit (44.95 total now)
Markets
Rolls #fuzzyleaps my leaps are…
Rolls
#fuzzyleaps my leaps are so low and I also believe that the market is fairly overbought that I decided to buy back my short puts early and work on the rolling of the leaps instead. I plan to wait out the market a bit longer, even until tomorrow to decide the next strikes. This move of 11% plus during the last two weeks put my leaps in.
Thursday trades
Bought to close 1 NKE 04/17/2026 39/41.5 Bull Put Spread at $0.01
Bought to close 1 TSLA 04/20/2026 312.5/317.5 Bull Put Spread at $0.01
Rolled 1 TSLA 04/17/2026 387.5/382.5 Bear Call Spread to 1 TSLA 04/20/2026 395/387.5 Bear Call Spread at $0.18 Credit
Sold 1 TSLA 04/24/2026 342.5/345 Bull Put Spread at $0.23 Credit
Sold 1 TSLA 04/24/2026 347.5/350 Bull Put Spread at $0.33 Credit
Sold 1 TSLA 04/27/2026 335/345 Bull Put Spread at $0.91 Credit
Sold 1 MSTX 04/17/2026 21.0 Put at $0.11
Replacing the covered call I exited yesterday
Started a new position in ABT at $96.00 and $94.00
https://seekingalpha.com/article/4891320-abbott-laboratories-this-dividend-growth-king-has-rarely-been-so-cheap
Sold a tiny bit of NKE at $46.45
MSTX Covered Call closed
Not waiting for Friday
Sold MSTX stock at $24.53. Bought on a put assignment at $21.50 less the $0.39 put premium
Bought to close 1 MSTX $22.0 Covered Call at $2.59.
Gave up only $0.06 getting out early
Markets
S&P 500 and Nasdaq Composite close at fresh records as traders look past Iran war fears
Nasdaq logs best 11-day stretch in history
XSP rolls 4/15/26
#FuzzyLEAPs This market is pretty irrational, but I have to roll on the pullbacks rather than waiting for some late day dump that never comes. My account vales have dropped a lot this week due to bleeding LEAPs positions. I’m planning on liquidating the lowest ones as I’m transferring money between accounts so I’m reducing my position size. Then I need to roll others higher. I don’t feel like rolling strikes higher so taking meager premium.
Rolled $XSP Apr 15th 694 puts to Apr 16th 694 puts, .38 credit
Rolled $XSP Apr 15th 691 puts to Apr 16th 691 puts, .24 credit
Allowing 690 and 692 to expire without rolling to accommodate position size reduction.
UVXY Calls
Bought to close 1 UVXY 04/17/2026 59/54 Bear Call Spread at $0.01
Sold 1 UVXY 04/17/2026 48/42 Bear Call Spread at $0.52 Credit
TSLA Calls
Well that got ugly fast 😦
Rolled 1 TSLA 04/15/2026 385/380 Bear Call Spread to 1 TSLA 04/27/2026 395/385 Bear Call Spread at $0.35 Credit
#DamageControl
CAG KHC Puts
Sold 1 CAG 04/17/2026 14.0 Put at $0.10
Sold 1 KHC 04/17/2026 21.5 Put at $0.06
#TinyPuts
SPX
#fuzzyleaps
BTC SPX Apr 15 2026 6950/6925 BUPS @ 2.50 (sold for 15.60).
STO SPX Apr 16 2026 7000/6975 BUPS @ 12.50.
WDAY NFLX Calls
Sold 1 WDAY 04/17/2026 133/129 Bear Call Spread at $0.35 Credit
Sold 1 NFLX 04/17/2026 122/115 Bear Call Spread at $0.65 Credit
TSLA
Bought to close TSLA 04/17/2026 312.5/307.5 Bull Put Spread at $0.01
Sold TSLA 04/24/2026 412.5/410 Bear Call Spread at $0.35 Credit
#Earnings April 22nd and only Monday and Friday expirations
SPX roll
Limited access Thu/Fri this week so continuing to move everything to next week.
Rolled $SPX Apr 15 6880 puts out to Apr 20 6800 puts @ 16.25 credit
SPX
I miss the good ‘ol days of VIX 30…..a week ago 🙂 🙂 🙂
Rolled SPX Apr 15 2026 6850.0 Puts to Apr 16 2026 6900.0 Puts @ 5.00 credit (12.40 total now)
Rolled SPX Apr 15 2026 6875.0 Puts to Apr 16 2026 6925.0 Puts @ 8.00 credit (20.25 total now)
Rolled SPX Apr 15 2026 6900.0 Puts to Apr 16 2026 6950.0 Puts @ 11.00 credit (31.35 total now)
Rolled SPX Apr 15 2026 6925.0 Puts to Apr 16 2026 6975.0 Puts @ 18.00 credit (33.70 total now)
LW stock
Sold my entire position of LW at 43.82 to get closer to cash
TSLA Puts
Bought to close TSLA 04/15/2026 315/320 Bull Put Spread at $0.01
Sold at $0.47 on April 8th
QQQ
(on friday) BTC April 30 $600 Puts @ $7.82 (Opened @ $15.23)
XSP rolls 4/14/26
#FuzzyLEAPs Looks like I will allow all of my now far OTM puts to expire and shift the strikes all higher. I will be shifting my LEAPs spreads higher, but would prefer to wait another day or two in case we get some drop from these nosebleed highs.
CE CPB TZA Puts
Sold 1 CE 04/17/2026 60.0 Put at $0.35
Sold 1 CPB 04/17/2026 19.5 Put at $0.10
Sold 1 TZA 04/17/2026 5.5 Put at $0.10
Assignment on any of these would lower my average cost on existing stock positions
#TinyPuts
SPX
SPX up 10 percent in two weeks. Let’s see if we can put a lid on it for awhile.
Did the regular positions pre-market (yay!!) and the ladder adjustments about an hour after the open. (boo!!)
Bought to Close SPX Apr 14 2026 6725.0 Puts @ .15 (sold for 14.05)
Bought to Close SPX Apr 14 2026 6775.0 Puts @ .25 (sold for 18.75)
Bought to Close SPX Apr 14 2026 6800.0 Puts @ .40 (sold for 27.60)
Sold SPX Apr 15 2026 6850.0 Puts @ 7.40
Sold SPX Apr 15 2026 6875.0 Puts @ 12.25
Sold SPX Apr 15 2026 6900.0 Puts @ 20.00
Moving the ladder into my daily sales by just adding another rung.
Bought to Close SPX Apr 14 2026 6700.0 Put @ .15 (sold for 24.00)
Bought to Close SPX Apr 15 2026 6700.0 Put @ .80 (sold for 29.60)
Bought to Close SPX Apr 16 2026 6675.0 Put @ 1.75 (sold for 30.35)
Bought to Close SPX Apr 17 2026 6675.0 Put @ 3.30 (sold for 33.10)
Bought to Close SPX Apr 20 2026 6700.0 Put @ 6.70 (sold for 49.50)
Sold SPX Apr 15 2026 6925.0 Puts @ 15.70
SPX
#fuzzyleaps
BTC SPX Apr 14 2026 6725 Put @ 0.15.
BTC SPX Apr 15 2026 6750 Put @ 1.25.
That left me with all 3 LEAPs uncovered.
Then, STO SPX Apr 15 2026 6950/6900 BUPS @ 20.00.
1/3 LEAPs covered now, and that is with a spread.
Net credit on the day is 18.60.
SPX roll
Rolled $SPX Apr 14 6775 puts to Apr 15 6880 puts @ 6.75 credit
MRVL Calls
Sold 1 MRVL 04/17/2026 150/145 Bear Call Spread at $0.61 Credit
Sold 1 MRVL 04/17/2026 149/146 Bear Call Spread at $0.30 Credit
SPX roll
Rolled $SPX Apr 13 6750 puts up and out to Apr 14 6775 puts @ 5.15 credit
Options Bistro 