#FuzzyLEAPs
Rolled $XSP Feb 5th 693 puts to Feb 9th 693 puts, .80 credit.
Working on 696 roll.
Had a fat-fingered mistake yesterday since I just started incorporating a second account, but misallocated the rolls, so one account got slammed by today’s drop and the other benefited by not participating.
Recent Updates
SPX 0DTE roll
Rolled $SPX Feb 5 6925 put out to Feb 6 6925 put @ .80 credit
SPX
Rolled SPX Feb 05 2026 6920.0 Puts to Feb 06 2026 6915.0 Puts @ .05 credit (87.55 total now)
Rolled SPX Feb 05 2026 6850.0 Put to Feb 13 2026 6800.0 Put @ 34.05 credit (68.85 total now)
Rolling LEAPS
Took 61.50 profit on the $SPX Dec 2029 synthetic short (long 6800 puts+short 6800/7200 spread) and rolled it out a year to Dec 2030 same strikes (6800/6800/7200) for 54.00 debit.
#FuzzyLeaps
SPY
Adding.
Sold SPY Mar 20 2026 620.0 Put @ 4.33
EDIT:
Filled on another while I was out.
Sold SPY Mar 20 2026 610.0 Put @ 4.00
SPX
#FuzzyLEAPs
Rolled today’s (Feb 5th 2026) 6825 Put to Feb 11th 2026 6750 Put @ 15.50.
Jobs numbers worse than forecast and the market is down. Is today the day when bad news became bad again?
SPX
Rolled SPX Feb 04 2026 6925.0 Puts to Feb 05 2026 6920.0 Puts @ 4.80 credit (87.50 total now)
Bought to Close SPX Feb 04 2026 6850.0 Put @ .05 (sold for 30.70)
Sold SPX Feb 12 2026 6825.0 Put @ 42.00
SPX
#onlyspreads
STO SPX 10 FEB 2026 6645/6640 PUT @.40
STO SPX 10 FEB 2026 6635/6630 PUT @.40
GLD SLV Expiration
GLD 475/470 Bear Call Spread
SLV 100/96 Bear Call Spread
SWK Stock
Dumped my entire stock position in SWK for a small overall gain at $85.01
(Actually made a bit more money when I sold the Jan 16th 57.5 put just last month)
SLV Trades
Sold 1 SLV 02/11/2026 105/100 Bear Call Spread at $0.33 Credit
Rolled 1 SLV 02/04/2026 77/86 Bull Put Spread to 1 SLV 02/6/2026 73.5/85 Bull Put Spread at $0.08 Credit
Wednesday Trades
Bought to close 1 CMG 02/06/2026 32.0 Put at $0.01
Bought to close 1 CMG 02/06/2026 32.5 Put at $0.01
Bought to close 1 CMG 02/06/2026 33.0 Put at $0.01
Replaced these by selling 1 SOXL 02/06/2026 39.0 Put at $0.13 and
by selling 1 CNC 02/06/2026 34.0 Put at $0.15
#TinyPuts
Sold CAG 02/06/2026 20.0 Covered Calls at $0.05
#EveryLittleBitHelps
Sold the last of my BAX position at $21.03
Sold a tiny bit more of CLX at $117.01
Sold a tiny bit more of COP at $106.20
Sold a tiny bit more of DOW at $32.09
Sold a tiny bit more of DVN at $42.32
Sold a tiny bit more of LYB at $56.90
Sold a tiny bit more of UPS at $114.30 and a larger trade at $114.51
Sold a tiny bit more of VFC at $21.41
#FormerFallingKnife #RaisingCash
Bought a tiny bit more of PAYX at $96.80
#FallingKnife
SPX
#onlyspreads
STO SPX 10 FEB 2026 6655/6650 PUT @.40
XSP rolls 2/4/26
#FuzzyLEAPs Since we were opening ATM I put the order in early and was filled 5 minutes after the open.
Rolled $XSP Feb 4th 693 put to Feb 5th 693 put, 1.25 credit.
Waiting on my 696 puts
SPX
#FuzzyLEAPs
Rolled today’s (Feb 4th 2026) 6875 Put to Feb 10th 2026 6815 Put @ 16.35.
HPQ Put
Sold 1 HPQ 02/06/2026 18.0 Put at $0.10
DOW DVN LTB UPS VFC Stocks
Taking some gains near recent highs to build up some cash
Sold a tiny bit of DOW at 29.18 and 31.08
Sold a tiny bit of DVN at 41.31
Sold a tiny bit of LYB at 54.01
Sold a tiny bit of UPS at 113.01
Sold a tiny bit of VFC at 20.87
Gains all around
PYPL
STO ITM PYPL Mar 50/40 Bull Put @6.97
GLD SLV Trades
Sold 1 GLD 02/04/2026 475/470 Bear Call Spread at $0.27 Credit
Sold 1 GLD 02/06/2026 490/485 Bear Call Spread at $0.26 Credit
Rolled 1 SLV 02/04/2026 104/77.5 Bear Call Spread to 1 SLV 02/13/2026 100/83 Bear Call Spread at $0.12 Credit
Tightened the spread from 26.5 points to 17 Points and pushed the short call out of the money for now
XSP rolls 2/3/26
#FuzzyLEAPs All done too early, as it turns out… played it the opposite of yesterday and was wrong again.
Rolled $XSP Feb 3rd 696 puts to Feb 4th 696 puts, .80 credit
Rolled $XSP Feb 3rd 693 puts to Feb 4th 693 puts, .55 credit
Sold another Feb 4th 693 put for .70.
SPX
#FuzzyLEAPs
STO Feb 6th 6900 Put @ 15.00
4/4 LEAPs covered now.
I’m comfortable down at that 6900 strike. Combined with my SPY shares, still a slightly negative delta with respect to the SPX.
SPX
#FuzzyLEAPs
STO Feb 9th 2026 6900 Put @ 17.80
3/4 LEAPs covered now.
GLD SLV Expiration
1 GLD 500/495 Bear Call Spread
1 SLV 95/91.5 Bear Call Spread
XSP rolls 2/2/26
#FuzzyLEAPs Got enough of a dip at day’s end to finally get decent rolls
Rolled $XSP Feb 2nd 696 puts to Feb 3rd 696, 1.00 credit
Sold Feb 3rd 693 puts for .50; letting today’s expire; left an extra one uncovered
SPX
#FuzzyLEAPs
Taking some risk off:
BTC Feb 2nd 2026 6850 Put @ 0.15 (sold for 15.00)
BTC Feb 3rd 2026 6850 Put @ 0.75 (sold for 17.00)
2 LEAPS uncovered now out of 4 total.
I also have some SPY shares that are helping to offset the losses on the LEAPs.
SLV
#rolling
#Problemchild
SOLD VERT SLV-ROLL from-/ 4 FEB 2026- 77.5/71/77.5/71 PUT -to/13 FEB 2026/ @.13
More BOIL Puts
Sold 1 BOIL 02/06/2026 13.5 Put at $0.07
Sold 1 BOIL 02/06/2026 13.0 Put at $0.07
Sold 1 BOIL 02/06/2026 12.5 Put at $0.07
#TinyPuts
SPX
#onlyspreads
BTC SPX 6 FEB 2026 6605/6600 PUT @.05
SPX roll
Rolled $SPX Feb 2 6900 puts up and out to 6935 puts @ 7.80 credit
SPX
Out the rest of today and all day tomorrow. Rolled everything to Wed for decent credit. 🙂 🙂
Monday Trades
Sold 1 BOIL 02/06/2026 14.0 Put at $0.07
Sold 1 CMG 02/06/2026 31.5 Put at $0.06
Sold 1 CMG 02/06/2026 32.0 Put at $0.09
Sold 1 CMG 02/06/2026 32.5 Put at $0.13
Sold 1 CMG 02/06/2026 33.0 Put at $0.19
Sold 1 PSKY 02/06/2026 10.5 Put at $0.07
Sold 1 SMCI 02/06/2026 24.5 Put at $0.34
Sold 1 SOXL 02/06/2026 40.0 Put at $0.13
Sold 1 SOXL 02/06/2026 39.5 Put at $0.15
#TinyPuts
Sold HPQ 02/06/2026 20.5 Covered Calls at $0.08
#EveryLittleBitHelps
SPX
#FuzzyLEAPs
Order placed to roll today’s (Feb 2nd 2026) 6850 Put to Feb 6th 2026 6775 Put @ 15.00.
I will re-evaluate after the open if I don’t get a fill.
Earnings 2/2 – 2/6
Econ Calendar 2/2 – 2/6
GLD and SLV
The moves were spectacular!
I think short term option premium are inflated, presenting a good opportunity in BWB type structures.
Could also start building a position using diagonal, with the long leg a few months out. I just don’t have a strong lean on which side those ETF may move next to pick calls or puts.
Do you have a feel?
SLV After hours trade
Sold 1 SLV 02/11/2026 55/60 Bull Put Spread at $0.29 Credit
OptionsExpiration
SOXL 55/60 Bull Put Spread
SOXL 54.5/59 Bull Put Spread
SOXL 53.5/55.5 Bull Put Spread
TMO 660/655 Bear Call Spread
CMCSA 25.5 Put
HPQ 18.5 Puts
IP 36.0 Put
IP 35.0 Put
IP 34.0 Put
KMB 95.0 Put
MSTX 3.0 Put
T 22.0 Put
T 21.5 Put
#TinyPuts
DOW 32.0 Covered Call
HPQ 20.5 Covered Calls
MSTX 6.0 Covered Call
SPCE 5.0 Covered Calls
TZA 10.0 Covered Calls
#EveryLittleBitHelps
Assignments:
1 PSKY 11.50 Put
1 BOIL 22.0 Covered Call – stock put to me at $18.50
SPX
Splitting up my daily sales to different strikes:
Rolled SPX Jan 30 2026 6925.0 Puts to Feb 02 2026 6900.0 Puts @ 10.00 credit (72.30 total now)
Rolled SPX Jan 30 2026 6925.0 Puts to Feb 02 2026 6925.0 Puts @ 20.00 credit (82.30 total now)
Part of the ladder:
Bought to Close SPX Jan 30 2026 6900.0 Put @ 1.00 (sold for 28.80)
Sold SPX Feb 09 2026 6850.0 Put @ 32.50
Rolling LEAPs out a year further:
Rolled Dec 2029 7000 long puts out to Dec 2030 7000 long puts
Rolled Dec 2029 7000/7400 BeCS to Dec 2030 7000/7400 BeCS
Net debit for the whole thing: 48.25 per position
SPX rolls
Rolled $SPX Jan 30 6925 puts down and out to 2/2 6900 puts @ 9.95 credit
#FuzzyLeaps
XSP rolling 1/30/26
#FuzzyLEAPs
Rolled $XSP Jan 30th 693 to Feb 2nd 693 puts, 1.50 credit.
After 4 days of misplaying the waiting game, getting it right today. This filled right when XSP was passing through 693.00. My order to roll 696 puts is for the same amount and should fill if we can get back to that level, which we already crossed three times today.
GLD Calls Closed
Bought to close 1 GLD 01/30/2026 Bear Call Spread at $0.01
SLV Put Rolls
Rolled 1 SLV 01/30/2026 71.5/77 Bull Put Spread to 1 02/06/2026 67.5/74 Bull Put Spread at $0.14 Credit
Rolled 1 SLV 01/30/2026 71.0/77.5 Bull Put Spread to 1 02/09/2026 60/71 Bull Put Spread at $0.14 Credit
SPX
#FuzzyLEAPs
Rolled today’s (Jan 30th 2026) 6895 Put to Feb 5th 6825 Put @ 15.00 (total 45.30 now)
Current setup heading into the weekend:
LEAPs:
4 @ Strike: 7600
Cost per LEAP: 699.10
Target credit per 4-day roll: 14.40 (or more)
Short Puts:
Date: Strike: Credit:
Feb 2nd 2026 6850 35.30
Feb 3rd 2026 6850 37.30
Feb 4th 2026 6875 54.30
Feb 5th 2026 6825 45.30
For each roll, just picking whatever strike brings in about 15.00 ish and letting market movements decide where the ladder goes.
Three weeks now using real money, and I have brought in about 25% of the cost of another rental house. That is also during a period with a market holiday, and being super conservative the whole time (sometimes not even selling against all of the LEAPs, and always trying to stay OTM). That percentage would even be better using LEAPs closer to ATM, but I feel like setting them more ITM is another way to be conservative. YMMV of course.
At that rate, it should take about 12 weeks to pay for another rental house, market permitting. Assuming 15 credit per day targeted by the ladder strategy, it should only take about 47 trading days (about 9 1/2 weeks). We’ll see!
Friday Rolls
Rolled 1 SOXL 01/30/2026 68/63 Bear Call Spread to 1 SOXL 02/06/2026 73/63.5 Bear Call Spread at $0.27 Credit
Rolled 1 GLD 01/30/2026 458/463 Bull Put Spread to 1 GLD 02/06/2026 444/454 Bull Put Spread at $0.88 Credit
Rolled 1 HUM 01/30/2026 190/195 Bull Put Spread to 1 HUM 02/13/2026 190/192.50 Bull Put Spread at $0.05 Credit
(Tightened up the spread and lowered the short Put 2.5 Points)
BTCI
#smallbuy
#dividends
BOT BTCI @43.496
TQQQ,
STO March 6, $45 puts at 1.50
SPY
Moving out to March. Selling just outside the expected move at the 200 day.
Sold SPY Mar 20 2026 630.0 Put @ 4.25
Sold SPY Mar 20 2026 640.0 Put @ 5.25
Rolled SPY Feb 20 2026 350.0 Puts to Mar 20 2026 350.0 Puts @ .10 debit (long puts)
SPX
#onlyspreads
STO SPX 6 FEB 2026 6605/6600 PUT @.30
SPX
Straight roll to tomorrow. Same exact numbers just dates changed. 🙂 🙂 🙂 SPX unchanged for the week:
Rolled SPX Jan 29 2026 6925.0 Puts to Jan 30 2026 6925.0 Puts @ 11.00 credit (62.30 total now)
Rolling up a couple of the ladder positions on the dip:
Rolled SPX Feb 04 2026 6825.0 Put to Feb 04 2026 6850.0 Put @ 4.00 credit (30.70 total now)
Rolled SPX Feb 05 2026 6825.0 Put to Feb 05 2026 6850.0 Put @ 4.75 credit (34.80 total now)
And adding:
Sold SPX Feb 06 2026 6850.0 Put @ 29.60
XSP rolling 1/29/26
#FuzzyLEAPs
Rolled $XSP Jan 29th 693 puts to Jan 30th 693 puts, .80 credit
Order is in to roll my 696 puts
SPX
#FuzzyLEAPs
Rolled Jan 29 2026 6815 Put to Feb 4 2026 6875 Put @ 16.00 (total 54.30 now)
Looks like I could have gotten more by waiting, but decided to try rolling at the open in case of another straight up day. Maybe some resistance at SPX 7000?
SPX
What a beautiful headline!! 🙂 🙂 🙂
SLV Expiration
1 SLV 01/28/2026 71/77.5 Bull Put Spread
SPX
#FuzzyLEAPs
Filled after the close during MSFT, META, & TSLA earnings.
STO Feb 3rd 2026 6850 Put @ 17.00
4/4 LEAPs covered now.
SPX
Straight roll to tomorrow.
Rolled SPX Jan 28 2026 6925.0 Puts to Jan 29 2026 6925.0 Puts @ 11.00 credit (51.45 total now)
Rolling up the ladder positions on the little dip.
Rolled SPX Jan 30 2026 6825.0 Put to Jan 30 2026 6900.0 Put @ 8.50 credit (28.80 total now)
Rolled SPX Feb 02 2026 6810.0 Put to Feb 02 2026 6875.0 Put @ 7.00 credit (28.50 total now)
Rolled SPX Feb 03 2026 6800.0 Put to Feb 03 2026 6850.0 Put @ 5.50 credit (28.50 total now)
Rolled SPX Feb 04 2026 6775.0 Put to Feb 04 2026 6825.0 Put @ 4.50 credit (26.70 total now)
Rolled SPX Feb 05 2026 6770.0 Put to Feb 05 2026 6825.0 Put @ 5.75 credit (30.05 total now)
SPX
Adding one pre Fed.
Sold SPX Jan 29 2026 6925.0 Put @ 12.50
GLD Puts
Sold 1 GLD 01/30/2026 458/463 Bull Put Spread at $0.26 Credit
Sold 1 GLD 02/02/2026 453/458 Bull Put Spread at $0.36 Credit
SPX
Has anyone tried to model the risk/reward of selling 1 DTE vs. 4 or 7 DTE puts on SPX for #FuzzyLEAPs?
What is better?
SOXL news
ASML negative on the day
Pre-market peak 1604.16
Low a few minutes ago 1415.62
A warning?
SLV SOXL Puts
Sold 1 SLV 02/02/2026 81/87.5 Bull Put Spread at $0.53 Credit
Sold 1 SOXL 01/30/2026 54.5/59 Bull Put Spread at $0.22 Credit
Sold 1 SOXL 01/30/2025 55/60 Bull Put Spread at $0.27 Credit
XSP rolling and LEAPs 1/28/26
#FuzzyLEAPs
At the overnight highs in futures (which would have been all time market highs had the market been open), filled on a fourth $XSP LEAP spread: Dec 2028 695/695/735 for 38.40.
Will add another daily put today, going with all 4 XSP LEAPs with daily puts and my $SPY spread as a hedge.
SPX
#FuzzyLEAPs
Hoping to fill the unsold 2 rungs of my time ladder today. Since Jan 30 options have a much higher theta/vega ratio, planning to sell that one at the open. Then, since the Feb 3 options are more vega exposed, planning to sell that one during Powell’s press conference.
With that in mind, I have an open order to sell the Jan 30 6895 Put @ 11.00.
XSP roll 1/27/26
#FuzzyLEAPs
Sold $XSP Jan 28th 693 put for .47. Letting today’s 692 put expire. Just like yesterday, selling on a last minute drop when rolling at the open would have been best move. But today I moved a strike higher.
SOXL Puts
Sold 1 SOXL 53.5/55.5 Bull Put Spread at $0.16 Credit
IP PSKY T Puts
Sold 1 IP 01/30/2026 35.0 Put at $0.10
Sold 1 IP 01/30/2026 34.0 Put at $0.10
Sold 1 PSKY 01/30/2026 11.5 Put at $0.12
Sold 1 T 01/30/2026 21.5 Put at $0.06
SPX
#FuzzyLEAPs
STO Feb 2nd 2026 6850 Put @ 15.00 (4 trading days out).
Trying to fill the missing rung from yesterday but not in a hurry to do so with tomorrow being a Fed day. Currently 2/4 LEAPs covered.
PAYX Stock
Added a tiny bit more PAYX at $104.80. Probably my last buy for now.
EX-Div tomorrow
#DividendCapture #FallingKnife
SPX
Out all day so an early roll. Moving everything this week to the same strike.
Rolled SPX Jan 27 2026 6920.0 Put to Jan 28 2026 6925.0 Put @ 7.50 credit (44.10 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (42.00 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (28.00 total now)
SLV
#onlyspreads
#follow@optioniceman
Sto SLV-2 FEB 2026 77.5/71 PUT @.30
Sto SLV 30 JAN 2026 77.5/71 PUT @.19
HUM Puts
Sold 1 HUM 01/30/2026 195/200 Bull Put Spread at $1.00 Credit
Bought 1 HUM 02/06/2026 190.0 Put / Sold 1 HUM 01/30/2026 200.0 Put at $0.60 Diagonal Credit
SPX
One more fill on a standing order I left in.
Rolled SPX Jan 26 2026 6900.0 Put to Jan 27 2026 6925.0 Put @ 10.00 credit (21.00 total now)
SLV
#onlyspreads
STO SLV 4 FEB 2026 77.5/71 PUT @.48
#follow@optioniceman
XSP and SPY rolling 1/26/26
#FuzzyLEAPs
Rolled $XSP Jan 28th 696 puts to Jan 29th 696 puts for .95 credit
Since XSP is trading right at 696, I’m rolling this today, 2 days before expiration. I think the importance of being ATM overrides the distance to expiry as optimal time for rolling.
Working on rolling my XSP 692 put but since we’ve gone up all day the best time to do this was at the open. We are now enough above $SPY 692 that I will leave my Jan 28th put there to continue to drain. I want to leave my one SPY LEAPs spread “uncovered” as a hedge.
SLV Put Ladder
Sold 1 SLV 02/04/2026 71/77.5 Bull Put Spread at $0.43 Credit
Sold 1 SLV 02/02/2026 71/77.5 Bull Put Spread at $0.26 Credit
Sold 1 SLV 01/30/2026 71/77.5 Bull Put Spread at $0.18 Credit
Sold 1 SLV 01/28/2026 71/77.5 Bull Put Spread at $0.15 Credit
PAYX Stock
Added a tiny bit more PAYX at $105.80
EX-Div Jan 28th for $1.08/share
Options Bistro 