BTC XSP 08/05/26 Put 767 @ 0.01…..Sold for 0.51…
STO XSP 08/06/26 Put 768 @ 0.53..
#fuzzyleaps
Recent Updates
SPX rolls
Rolled $SPX Aug 5 7680 puts out to Aug 6 7680 puts @ 6.45 credit
Rolled $SPX Aug 5 7670 puts out to Aug 6 7670 puts @ 5.20 credit
Rolled $SPX Aug 5 7660 puts out to Aug 6 7660 puts @ 4.30 credit
SPX
Bought to Close SPX Aug 05 2026 7600.0 Puts @ .30 (sold for 4.60)
Bought to Close SPX Aug 05 2026 7625.0 Puts @ .50 (sold for 8.35)
Sold SPX Aug 06 2026 7700.0 Puts @ 9.15
Sold SPX Aug 06 2026 7725.0 Puts @ 13.00
Rolled SPX Aug 07 2026 7575.0 Puts to Aug 07 2026 7675.0 Puts @ 8.05 (47.05 total now)
Ladder:
Bought to Close SPX Aug 05 2026 7425.0 Put @ .10 (sold for 85.90)
Bought to Close SPX Aug 05 2026 7450.0 Put @ .10 (sold for 68.35)
Bought to Close SPX Aug 06 2026 7400.0 Put @ .35 (sold for 73.85)
Bought to Close SPX Aug 06 2026 7425.0 Put @ .40 (sold for 54.20)
Bought to Close SPX Aug 07 2026 7425.0 Put @ 1.00 (sold for 73.85)
Sold SPX Aug 12 2026 7650.0 Put @ 19.00
Sold SPX Aug 12 2026 7675.0 Put @ 23.50
Sold SPX Aug 13 2026 7650.0 Put @ 23.80
Sold SPX Aug 13 2026 7675.0 Put @ 29.70
Sold SPX Aug 14 2026 7650.0 Put @ 26.65
And finally:
Bought to Close SPX Aug 05 2026 7675.0 Puts @ 1.15 (sold for 25.35)
Sold SPX Aug 06 2026 7800.0 Puts @ 38.65
XSP rolls 8/5/26
#FuzzyLEAPs
Calendar roll: $XSP Aug 5th 770 puts to Aug 6th 770 puts, .70 credit
Diagonal roll: $XSP Aug 5th 768 puts to Aug 6th 777 puts, 2.63 credit
SPCX
That was fun. Good enough. 2 for 2 in my SPCX career. 🙂 🙂
Bought to Close SPCX Aug 07 2026 110/125/130 Jade Lizards @ 4.45 (sold for 6.05)
SPX
#fuzzyleaps
Rolled SPX Aug 5 2026 7550 Put to Aug 10 7595 Put @ 6.15 credit.
Ladder now:
Aug 6 7565 Put
Aug 7 7475 Put
Aug 10 7595 Put
LEAPs:
3 @ 7600
XSP
STO XSP 08/05/26 Put 767 @ 0.51..
SPCX
Just for a little fun. Playing for a down move but above 110 and no risk to the upside.
Sold SPCX Aug 07 2026 110/125/130 Jade Lizards @ 6.05
SPX short put rolls
Rolled $SPX Aug 4 7460 puts out to Aug 5 7660 puts @ 4.05 credit
Rolled $SPX Aug 4 7470 puts out to Aug 5 7670 puts @ 5.10 credit
Rolled $SPX Aug 4 7490 puts out to Aug 5 7680 puts @ 6.10 credit
XSP rolls 8/4/26
#FuzzyLEAPS Wonderful to be back ATM again, but the old frustrations wasted no time in cropping up: whether to wait when selling. Opened the day below both strikes but the blow out rally quickly got us above both strikes. This led to the age-old error of selling the high strike too early and the low strike too late.
Rolled $XSP Aug 4th 770 puts to Aug 5th 770 puts, .50 credit (now around 1.15)
Missed .90+ on the 765 puts, now going for under .50. Gonna see if any pullback comes.
SPX
Been walking this up all day. Got filled slightly better than normal. Last roll the mid was way too high so I ignored it and got a normal fill. This time the mid was way too low. Just have to ignore all that and plan on a fill anywhere from 25 to 28 debit.
Rolled Dec 2030 7600 to 7700 @ 26.50 debit.
SPX
Selling put spreads against my call spread hedges setting up iron flies. Got a shot at pinning but also reducing max loss on the positions. They’ve served me well on my short puts. 🙂 🙂
Sold SPX Aug 14 2026 7600/7595 Bull Put Spreads @ 1.30
Sold SPX Aug 21 2026 7550/7545 Bull Put Spreads @ 1.00
SPX
Bought to Close SPX Aug 04 2026 7500.0 Puts @ .20 (sold for 5.10)
Bought to Close SPX Aug 04 2026 7550.0 Puts @ .30 (sold for 11.25)
Sold SPX Aug 5 2026 7600.0 Puts @ 4.60
Sold SPX Aug 5 2026 7625.0 Puts @ 8.30
Ladder:
Bought to Close SPX Aug 04 2026 7425.0 Put @ .10 (sold for 101.10)
Bought to Close SPX Aug 04 2026 7450.0 Put @ .15 (sold for 70.45)
Sold SPX Aug 11 2026 7550.0 Put @ 15.00
Sold SPX Aug 11 2026 7575.0 Put @ 19.00
My soldiers on the front lines:
Bought to Close SPX Aug 4 2026 7625.0 Puts @ 2.30 (sold yesterday for 40.75 avg)
Sold SPX Aug 5 2026 7675.0 Puts @ 25.30
LHX Stock
Sold half my tiny LHX position at $282.01
Bought on 7/30 at $267.00
#FormerFallingKnife
SPX
#fuzzyleaps
Rolled SPX Aug 4 2026 7110 Put to Aug 7 2026 7475 Put @ 6.00 credit.
Ladder now:
Aug 5 7550 Put
Aug 6 7565 Put
Aug 7 7475 Put
LEAPs:
3 @ 7600
IREN
#coveredcalls
STO IREN 7 AUG 2026 46 CALL @.55
XSP
BTC XSP 08/04/26 Put 754 for 0.35 debit….
Originally STO on 7/15 for 0.77 credit then several rolls for a total of 3.85 in premium ..
XSP rolls 8/3/26
#FuzzyLEAPs Nothing other than tiny pullbacks today.
Rolled $XSP Aug 3rd 765 puts to Aug 4th 765 puts, standard calendar trade, .12 credit
Rolled $XSP Aug 3rd 770 puts to Aug 4th 770 puts, swing roll, .10 credit
SPX
This might be more fun and effective. Selling two aggressively for upside help. Bringing the monthly into a daily sale.
Bought to Close SPX Aug 21 2026 7600.0 Put @ 75.50 (sold for 151.85)
Sold SPX Aug 4 2026 7625.0 Put @ 34.00
SPX
I currently have one short put that’s at the same strike as my long LEAPs and I roll it out a month at a time just to help with upside risk. As long as I have to keep rolling it the market is “capped” and everything else is free money since LEAPs aren’t needing rolled up. Adding another position but selling against it aggressively every day. I’ll call it the “floating cap” to really help with upside risk. The delta on it will be much higher than the longer term cap.
I’m sure there will come a time where I have to roll it more than a day but will try to keep it as close in time as possible.
Long story short: The goal is to have upside help so I can sell the big part of my positions slightly more conservatively day to day.
Great fill on the LEAP today BTW.
Bought SPX Dec 20 2030 7600.0 Put @ 725.00
Sold SPX Aug 4 2026 7625.0 Put @ 47.50
SPX
Been rolling these for quite awhile accumulating premium. Putting them all in the win column today.
Bought to Close SPX Aug 03 2026 7375.0 Puts @ .20 (sold for 154.95)
Bought to Close SPX Aug 03 2026 7400.0 Puts @ .25 (sold for 153.70)
Sold SPX Aug 4 2026 7500.0 Puts @ 5.10
Sold SPX Aug 4 2026 7550.0 Puts @ 11.25
Ladder:
Bought to Close SPX Aug 03 2026 7425.0 Put @ .35 (sold for 103.70)
Bought to Close SPX Aug 03 2026 7450.0 Put @ .50 (sold for 82.70)
Sold SPX Aug 10 2026 7450.0 Put @ 12.40
Sold SPX Aug 10 2026 7475.0 Put @ 16.00
Earnings 8/3 – 8/7
Econ Calendar 8/3 – 8/7
SPX rolls
Rolled $SPX Aug 3 7470 puts out to Aug 4 7490 puts @ 7.35 credit
Rolled $SPX Aug 3 7450 puts out to Aug 4 7470 puts @ 5.00 credit
Rolled $SPX Aug 3 7440 puts out to Aug 4 7460 puts @ 3.95 credit
Rolled $SPX Aug 3 7400 puts out to Aug 7 7450 puts @ 16.15 credit
SPX
#fuzzyleaps
Rolled SPX Aug 3 2026 7575 Put to Aug 6 2026 7565 Put @ 6.00 credit.
Ladder now:
Aug 4 7110 Put
Aug 5 7550 Put
Aug 6 7565 Put
LEAPs:
3 @ 7600
SPX
Rolled SPX Jul 31 2026 7375.0 Puts to Aug 03 2026 7375.0 Puts @ 13.50 credit
Rolled SPX Jul 31 2026 7410.0 Puts to Aug 03 2026 7400.0 Puts @ 10.00 credit
Ladder:
Rolled SPX Jul 31 2026 7450.0 Puts to Aug 07 2026 7425.0 Puts @ 27.10 credit
IREN
#closing
#everylittlebithelps
#alittlebitisbetterthannada
BTC IREN 31 JUL 2026 41 CALL @.05/had sold for.41
SPY
Right at the open as SPY was running into 50 day resistance. Taking 50 percent in a couple days.
Bought to Close SPY Aug 21 2026 700.0 Put @ 1.43 (sold for 3.25)
Bought to Close SPY Aug 28 2026 695.0 Put @ 2.03 (sold for 4.25)
Bought to Close SPY Aug 28 2026 700.0 Put @ 2.35 (sold for 5.00)
Bought to Close SPY Sep 04 2026 680.0 Put @ 1.93 (sold for 4.00)
Bought to Close SPY Sep 04 2026 690.0 Put @ 2.43 (sold for 5.00)
Bought to Close SPY Sep 18 2026 670.0 Put @ 2.63 (sold for 5.00)
Bought to Close SPY Sep 18 2026 675.0 Put @ 2.90 (sold for 5.00)
Bought to Close SPY Sep 18 2026 680.0 Put @ 3.20 (sold for 5.50)
SPX rolls
Rolled $SPX Jul 31 7480 puts out to Aug 3 7470 puts @ 8.10 credit
Rolled $SPX Jul 31 7460 puts out to Aug 3 7450 puts @ 8.30 credit
Rolled $SPX Jul 31 7450 puts out to Aug 3 7440 puts @ 7.95 credit
Rolled $SPX Jul 31 7360 puts out to Aug 3 7400 puts @ 7.50 credit
SPX
#fuzzyleaps
Rolled SPX Jul 31 2026 7550 Put to Aug 5 2026 7550 Put @ 7.25 credit.
Ladder now:
Aug 3 7575 Put
Aug 4 7110 Put
Aug 5 7550 Put
LEAPs:
3 @ 7600
MSTX PSKY CPB for Tomorrow
Sold 1 MSTX 07/31/2026 5.0 Put at $0.07
Sold 1 PSKY 07/31/2026 7.5 Put at $0.06
Sold 1 CPB 07/31/2026 24.5 Covered Call at $0.05
#EveryLittleBitHelps
LHX Stock
Started a tiny new position in LHX at $267.00 and added to it at $264.00
#FallingKnife
XSP rolls 7/30/26
#FuzzyLEAPs Well, it is becoming my curse that when we have sharp down moves, I miss them, and when I try to move strikes down I get stuck in a sharp up move. In a Downside Warning it’s much easier to catch down moves but at this time it’s way more difficult. My accounts have not gone up meaningfully in months. I don’t know if this strategy is tenable in the long run for XSP, as it’s too difficult to roll strikes downward during a correction.
I caught the swings easily for one trade, but because I was holding out for lowering my strike on the second, I got screwed and moved to a higher strike instead. Skipped to Monday as I cannot trade tomorrow.
Rolled $XSP July 30th 765 puts to Aug 3rd 765 puts, 1.00 credit
Rolled $XSP July 30th 764 puts UP to Aug 3rd 770 puts, -.60 debit
XSP
Rolled XSP 07/30/26 Put 754 to XSP 08/04/26 Put 754 for 0.12 credit
BAX Stock sold
Sold the last of my tiny position in BAX at $29.90 on the open this morning.
Bought at $18.00 in Nov 2025 and at $16.84 in March 2026
#FormerFallingKnife
IREN
STO IREN 31 JUL 2026 41 CALL @.41
SPX
Come and get ’em!
Sold SPX Aug 21 2026 7550/7555 Bear Call Spreads @ 1.70
SPX
Pre-market rolls all out and down on the early bounce.
Rolled SPX Jul 30 2026 7400.0 Puts to Jul 31 2026 7375.0 Puts @ 1.00 credit
Rolled SPX Jul 30 2026 7425.0 Puts to Jul 31 2026 7410.0 Puts @ even
Rolled SPX Jul 31 2026 7505.0 Puts to Aug 07 2026 7495.0 Puts @ 2.00 credit
Ladder:
Rolled SPX Jul 30 2026 7450.0 Put to Aug 06 2026 7425.0 Put @ 9.75 credit
Rolled SPX Jul 30 2026 7425.0 Put to Aug 06 2026 7400.0 Put @ 20.00 credit
SPX
Rolled SPX Jul 30 2026 7250 Put to Aug 4 2026 7110 Put @ 6.00 credit.
Ladder now:
Jul 31 7550 Put
Aug 3 7575 Put
Aug 4 7110 Put
LEAPs:
3 @ 7600
SPX rolls
I should have rolled earlier on the big move up but then the wheels came off and waiting for another bounce was clearly not the answer today.
Rolled $SPX Jul 29 7480 puts out to Jul 31 7480 puts @ 4.65 credit
Rolled $SPX Jul 29 7460 puts out to Jul 31 7460 puts @ 5.45 credit
Rolled $SPX Jul 29 7450 puts out to Jul 31 7450 puts @ 9.25 credit
Rolled $SPX Jul 29 7400 puts out to Jul 31 7360 puts @ 6.05 credit
SPY
Last one.
Sold SPY Sep 18 2026 680.0 Put @ 5.50
EDIT:
One more 🙂 🙂
Sold SPY Sep 18 2026 670.0 Put @ 5.00
SPX
Added.
Sold SPX Aug 14 2026 7600/7605 Bear Call Spreads @ 1.40
SPX
That worked out pretty good. Sold premium on the morning drop and then got some decent rolls on the rip. Still mostly rolling down sacrificing some premium.
Rolled SPX Jul 29 2026 7450.0 Puts to Jul 30 2026 7425.0 Puts @ 2.00 credit
Rolled SPX Jul 29 2026 7425.0 Puts to Jul 30 2026 7400.0 Puts @ 4.25 credit
Ladder:
Rolled SPX Jul 29 2026 7475.0 Put to Aug 05 2026 7450.0 Put @ 15.00 credit
Rolled SPX Jul 29 2026 7450.0 Put to Aug 05 2026 7425.0 Put @ 26.00 credit
XSP rolls 7/29/26
#FuzzyLEAPs Missed the big drops again but still managed to find enough swings…
Rolled $XSP July 29th 764 puts to July 30th 764 puts, 1.00 credit
Rolled $XSP July 29th 765 puts to July 30th 765 puts, .50 credit
SPY
Adding.
Sold SPY Sep 04 2026 690.0 Put @ 5.00
Sold SPY Sep 04 2026 680.0 Put @ 4.00
SPY
Looking to add on more weakness.
Sold SPY Aug 28 2026 695.0 Put @ 4.25
Added:
Sold SPY Aug 28 2026 700.0 Put @ 5.00
Added:
Sold SPY Sep 18 2026 675.0 Put @ 5.00
XSP rolls 7/28/26
#FuzzyLEAPs. Well, I’m getting pretty sick of being deep ITM and today made it worse as I got caught in the rally for my second trade. I want to try and roll down but it’s not easy.
Rolled $XSP July 28th 764 puts to July 29th 764 puts, 1.00 credit
Rolled $XSP July 28th 760 puts UP to July 29th 765 puts, 2.50 credit
SPX rolls
Straight rolls, or as @fuzzballl says, free money! 😀
Rolled $SPX Jul 28 7480 puts out to Jul 29 7480 puts @ 7.85 credit
Rolled $SPX Jul 28 7460 puts out to Jul 29 7460 puts @ 14.85 credit
Rolled $SPX Jul 28 7450 puts out to Jul 29 7450 puts @ 18.85 credit
Rolling down:
Rolled $SPX Jul 28 7430 puts out to Jul 29 7400 puts @ 13.15 credit
SPX
#creditspread
CLOSE
BTC SPX 31 JUL 2026 7085/7080 PUT @.10 debt sold for .30
SPX
Re-loading:
Sold SPX Aug 14 2026 7600/7605 Bear Call Spreads @ 1.40
Added @ 1.45 and 1.50
Why 7600? That’s a little inside the expected move and where my SPX short put cap is sitting with massive premium in it.
SPX
Taking half in a day.
Bought to Close SPX Aug 07 2026 7600/7605 Bear Call Spreads @ .70 (sold for 1.44)
SPY
Rolling out my long puts that I keep in inventory to sell against on dips.
Rolled SPY Aug 21 2026 400.0 Puts to Sep 18 2026 400.0 Puts @ .12 debit
And throwing a tiny starter out there at the 200 day.
Sold SPY Aug 21 2026 700.0 Put @ 3.25
SPX
Most fills pre-market. Happy Fed Day Eve!
Rolled SPX Jul 28 2026 7450.0 Puts to Jul 29 2026 7450.0 Puts @ 11.00 credit
Rolled SPX Jul 28 2026 7450.0 Puts to Jul 29 2026 7425.0 Puts @ 1.50 credit
Ladder:
Rolled SPX Jul 28 2026 7475.0 Put to Aug 04 2026 7450.0 Put @ 22.50 credit
Rolled SPX Jul 28 2026 7450.0 Put to Aug 04 2026 7425.0 Put @ 32.10 credit
SPX
#fuzzyleaps
Rolled SPX Jul 28 2026 7250 Put to Jul 30 2026 7250 Put @ 7.55 credit.
Ladder now:
Jul 30 7250 Put
Jul 31 7550 Put
Aug 3 7575 Put
LEAPs:
3 @ 7600
+
QQQI
#closed a covered call
early close
tIP BTC QQQI 21 AUG 2026 55 CALL @.11 debit had sold for 1.84 credit
XSP rolls 7/27/26
#FuzzyLEAPs Too busy of a morning to sit by my computer and I missed the decent drops. So I got stuck with an overall loss.
Rolled $XSP July 27th 764 puts to July 28th 764 puts, .20 credit
Rolled $XSP July 27th 760 puts to July 28th 760 puts, -.80 debit
Earnings 7/27 – 7/31
Econ Calendar 7/27 – 7/31
SPX
Decent fill and premiums pick up a little next few days too.
Rolled SPX Jul 27 2026 7450.0 Puts to Jul 28 2026 7450.0 Puts @ 9.20 credit
SPX straight rolls
Rolled $SPX Jul 27 7480 puts out to Jul 28 7480 puts @ 7.60 credit
Rolled $SPX Jul 27 7460 puts out to Jul 28 7460 puts @ 8.80 credit
Rolled $SPX Jul 27 7450 puts out to Jul 28 7450 puts @ 8.35 credit
Rolled $SPX Jul 27 7430 puts out to Jul 28 7430 puts @ 6.00 credit
SPX
#fuzzyleaps
Rolled SPX Jul 27 2026 7575 Put to Aug 3 2026 7575 Put @ 8.45 credit.
Ladder now:
Jul 28 7250 Put
Jul 31 7550 Put
Aug 3 7575 Put
LEAPs:
3 @ 7600
SPX
Come and get ’em!
Sold SPX Aug 07 2026 7600/7605 Bear Call Spreads @ 1.45
EDIT: Added at 1.50
SPX
A couple pre-market rolls in the ladder. Waiting on the rest for awhile.
Rolled SPX Jul 27 2026 7450.0 Put to Aug 03 2026 7425.0 Put @ 34.50 credit
Rolled SPX Jul 27 2026 7475.0 Put to Aug 03 2026 7450.0 Put @ 35.00 credit
Earnings
SPX
#fuzzyleaps
Rolled SPX Jul 24 2026 7550 Put to Jul 31 2026 7550 Put @ 2.55 Credit.
I had to roll the 7550 put a couple of extra days to get any premium. Unless we get some positive news over the weekend, I may pay a debit on Monday to roll the 7575 closer to ATM. Thinking maybe something like the delta 70 strike, to get it back into a more rollable situation, but still participate in the upside delta if we get a rally.
Ladder now:
Jul 27 7575 Put
Jul 28 7250 Put
Jul 31 7550 Put
LEAPs:
3 @ 7600
Stock swap
Sold the last little bit of IP at 40.01. Bought on Apr 30 at $30.00
#FormerFallingKnife
Started a new position in CMCSA at $21.30 on the open today
#FallingKnife
SPX
#onlyspreads
STO SPX 31 JUL 2026 7085/7080 PUT @.30
SPX rolls
Rolled $SPX Jul 24 7440 puts out to Jul 27 7430 puts @ 6.05 credit
SPX
Bought to Close SPX Jul 31 2026 7600/7605 Bear Call Spreads @ .40 (sold for 1.58)
SPX Unchanged :) :)
The white line is where we closed last Friday. Beautiful! (3 minute bars)
SPY
Taking 30 percent of max in a day (again) 🙂 🙂
Bought to Close SPY Aug 21 2026 700.0 Put @ 2.81 (sold for 4.10)
Bought to Close SPY Aug 21 2026 705.0 Put @ 3.29 (sold for 4.75)
Bought to Close SPY Aug 21 2026 710.0 Put @ 3.82 (sold for 5.37)
XSP rolls 7/24/26
#FuzzyLEAPs Rolling on the swings…
Rolled $XSP July 24th 764 puts to July 27th 764 puts, 1.00 credit
now working on the 760 puts…
IREN
#SILLYme
BTC IREN 24 JULY 2026 49 CALL @.01/sold for .31 credit
Forgot to remove a placeholder /But, was just a dollar.
Everything I have is always in a close a for a penny, just in case.
SPX Thoughts and Speculation
My long term look:
With the recent gradual roll downs how do things look?
Debit spreads currently:
01 7600-7425
15 7600-7450
03 7600-7475
10 7600-7505
01 7600-7600
Yes, account is down off all time highs a little now but at expiration these are all nicely profitable. Even in a worse case scenario backwardation there will always be somewhere to roll down for a credit even if it’s a year out.
I get questions about when I would consider closing the positions. My answer has always been my heir will close them when I’m gone but I’ve been thinking a little more about that.
Here’s the scenario where I might consider closing everything:
In a slow gradual dropping market allowing good rolling down of the daily sales there could possibly come a point where the LEAPS are worth exactly what I’ve paid for them (including roll ups). Then the market stabilizes without the V shaped recoveries we’ve been getting used to. At that point all the daily sales go worthless eventually. Then LEAPs are at breakeven and every bit of the premium I’ve received becomes 100 percent profit.
That is the situation where I would maybe consider closing everything.
Long story short, If the LEAPs are at breakeven and I’m out of all my daily sales I’d consider locking everything in and reloading on a bounce and VIX drop.
SPX
Pre-market rolls on the tiny bounce.
Rolled SPX Jul 24 2026 7530.0 Puts to Jul 31 2026 7505.0 Puts @ .05 credit
Rolled SPX Jul 24 2026 7475.0 Put to Jul 31 2026 7450.0 Put @ 23.80 credit
Options Bistro 