Adding.
Sold SPY Jul 17 2026 700.0 Put @ 7.62
Adding.
Sold SPY Jul 17 2026 700.0 Put @ 7.62
Re-started a tiny LYB stock position at $62.08
Although not at a new low, I had completely liquidated my previous LYB position accumulated over several years in March at $67.08, and I thought this was a good time to get involved again.
Pays a decent dividend of 4.28% here
Bought to close 1 SPY 06/09/2026 720/725 Bull Put Spread at zero debit
Sold 1 SPY 06/10/2026 716/721 Bull Put Spread at $0.15 Credit
Rolled $SPX Jun 9 7560 puts out to Jun 17 7560 puts @ 3.65 credit
Rolled $SPX Jun 9 7565 puts out to Jun 17 7565 puts @ 2.80 credit
Rolled $SPX Jun 9 7570 puts out to Jun 17 7570 puts @ 1.75 credit
Adding.
Sold SPY Jul 17 2026 660.0 Put @ 3.60
Sold SPY Jul 17 2026 650.0 Put @ 3.00
STO July 24, 55 puts at 2.60
A quick double in 25 minutes. 🙂 🙂
Sold to Close SPX Jun 10 2026 7400/7375 Bear Put Spreads @ 15.00 (bought for 7.50)
And:
Sold SPY Jul 17 2026 670.0 Put @ 3.00
Sold SPY Jul 17 2026 660.0 Put @ 3.00
Adding.
Sold SPY Jul 17 2026 690.0 Put @ 4.54
Sold SPY Jul 17 2026 680.0 Put @ 3.75
Taking a shot just for fun.
Bought to Open SPX Jun 10 2026 7400/7375 Bear Put Spreads @ 7.50
Adding a few more to possibly sell against after CPI tomorrow.
Bought to Open SPY Jul 17 2026 400.0 Puts @ .07
Rolled SPX Jun 9 2026 7525 Put to Jun 11 2016 7520 Put @ 5.00 credit.
Sold 1 WDAY 06/12/2026 125/135 Bull Put Spread at $1.11 Credit
Rolled 1 GIS 06/19/2026 37.5 Covered Call to 1 GIS 07/17/2026 40.0 Covered Call at $0.20 Credit
Sold MSTX 06/12/2026 12.0 Puts at $0.20 and $0.29
Bought to close 1 TSLA 06/10/2026 485/475 Bear Call Spread at $0.01
Today, I rolled twice on the short leg of SPX (June 7500) out and down to July-10 7400 for tinny credits.
Resulting position: Jun-2027/Jul-10-26 7500/7400 Put Diagonal , still +0.05 delta.
This position still has the largest $delta in my accounts, even though reduced quite some from the rolling.
This may not make sense purely from how much cumulative theta this would have given up vs daily rolling, but I wanted to manage risk before things settle down.
Will try to keep the short leg close to ATM with future adjustments, or keep the structure close to delta neutral.
Sold 1 SPY 06/10/2026 717/722 Bull Put Spread at $0.20 Credit
Sold 1 SPY 06/11/2026 715/720 Bull Put Spread at $0.25 Credit
Bought to close 1 SPY 06/08/2026 732.0 Put at $0.01 (by Tastytrade after the close – dangit !!!)
Bought to close 1 TSLA 06/08/2026 370/380 Bull Put Spread at zero debit
Bought to close 1 TSLA 06/08/2026 425/417.5 Bear Call Spread at zero debit
Bought to close 1 TSLA 06/08/2026 427.5/420 Bear Call Spread at zero debit
Sold 1 TSLA 06/10/2026 377.5/382.5 Bull Put Spread at $0.12 Credit
Sold 1 TSLA 06/10/2026 450/440 Bear Call Spread at $0.18 Credit
Rolled $SPX Jun 8 7440 put out to Jun 9 7420 puts @ 5.75 credit
#FuzzyLEAPs Legged out then in on these. Screwed up the ask price on one so it was a no-credit roll…. rolled 2 days out as I’m busy tomorrow.
Rolled $XSP June 8th 760 puts to June 10th 760 puts, 1.00 credit
Rolled DOWN June 8th 758 puts to June 10th 757 puts, 0.00 credit.
#fuzzyleaps
Rolled SPX Jun 8 7575 Put to Jun 11 7575 Put @ 1.50 credit.
Rolled SPX Jun 8 7550 Put to Jun 11 7550 Put @ 4.00 credit.
Rolled SPX Jun 8 7525 Put to Jun 9 7525 Put @ 5.10 credit.
Rolled June 8, 7545 puts to June 9, 7550 puts for a credit of 6.05
Adding another SPX upside hedge. Whiz trade…
Bought to Open SPX Dec 19 2031 16000/18000 Bull Call Spread @ 31.50
#shortputs
SOLD IREN 12 JUN 2026 60 PUT @5.80
Sold 1 TSLA 06/12/2026 465/455 Bear Call Spread at $0.20 Credit
Sold 1 TSLA 06/12/2026 452.5/442.5 Bear Call Spread at $0.40 Credit
Sold 1 WDAY 06/12/2026 167.5/157.5 Bear Call Spread at $0.75 Credit
Sold 1 SPY 06/08/2026 727/732 Bull Put Spread at $0.19 Credit (expires today)
Sold 1 SPY 06/09/2026 720/725 Bull Put Spread at $0.16 Credit
#OnlySpreads
Sold 1 BOIL1 16.0 Covered Call at $0.05
Sold CAG 06/12/2026 16.5 Covered Calls at $0.02
Sold CPB 06/12/2026 24.0 Covered Calls at $0.05
Sold 1 HRL 06/12/2026 27.0 Covered Call at $0.01
Sold 1 MSTX 06/12/2026 22.0 Covered Call at $0.18
Sold 1 TSCO 06/12/2026 32.0 Covered Call at $0.10
Sold 1 TSCO 06/12/2026 32.5 Covered Call at $0.10
Sold 1 WU 06/19/2026 10.0 Covered Call at $0.02
#EveryLittleBitHelps
Sold 1 CAG 06/12/2026 12.5 Put at $0.10
Sold 1 FIS 06/12/2026 38.0 Put at $0.20
Sold 1 FISV 06/12/2026 50.0 Put at $0.15
Sold 1 FISV 06/12/2026 49.5 Put at $0.10
Sold 1 SPCE 06/12/2026 3.5 Put at $0.10
#TinyPuts
Sold in one account all my HRL stock at $24.01
#FormerFallingKnife
Added a tiny bit of FIS stock at $40.00
#FallingKnife
All pre-market.
Out to Friday:
Rolled SPX Jun 08 2026 7550.0 Puts to Jun 12 2026 7535.0 Puts @ 1.75 credit
Keeping the upside hedge in place:
Rolled SPX Jun 08 2026 7600.0 Put to Jun 18 2026 7600.0 Put @ 13.00 credit
Despite the Friday drawdown, the S&P 500 had only 3 closing 52-week lows, the NASDAQ 100 had only 1 and the Dow Jones had none.
That may change in the coming days but so far the pullback is fueled by mostly mo-mo stocks running out of gas
UVXY 35.5/32 Bear Call Spread
WDAY 115/129 Bull Put Spread
BOIL1 16.0 Covered Call
CAG 16.0 Covered Calls
CPB 24.0 Covered Calls
TSCO 32.5 Covered Calls
BOIL1 12.0 Put
BSX 46.5 Put
BSX 46.0 Put
FISV 51.0 Put
ASSIGNMENTS:
1 MSTX 18.0 Put (ready to start selling calls on Monday)
Sold 1 WDAY 06/12/2026 126/134 Bull Put Spread at $0.64 Credit
Sold 1 MRVL 06/12/2026 370/360 Bear Call Spread at $0.57 Credit
Sold 1 MRVL 06/12/2026 210/220 Bull Put Spread at $1.00 Credit
Sold 1 MRVL 06/12/2026 205/215 Bull Put Spread at $0.92 Credit
Sold 1 UVXY 06/12/2026 38/34.5 Bear Call Spread at $0.40 Credit
Sold 1 TSLA 06/08/2026 427.5/420 Bear Call Spread at $0.17 Credit
Was waiting for a decent move up to roll these ITM puts out but that just did not materialize today. No credit available for the rolls for Monday so I rolled to Tuesday:
Rolled $SPX Jun 5 7570 puts out to Jun 9 7570 puts @ 1.10 credit
Rolled $SPX Jun 5 7565 puts out to Jun 9 7565 puts @ 1.60 credit
Rolled $SPX Jun 5 7560 puts out to Jun 9 7560 puts @ 1.95 credit
BOT SPYI @52.80
#dividends
#fuzzyleaps
Rolled SPX Jun 5 2026 7575 Put to Jun 8 2026 7575 Put @ 4.05 credit.
Rolled SPX Jun 5 2026 7550 Put to Jun 8 2026 7550 Put @ 8.25 credit.
Rolled SPX Jun 5 2026 7525 Put to Jun 8 2026 7525 Put @ 12.00 credit.
Taking another shot in this one
Sold 1 IREN 06/12/2026 44/48 Bull Put Spread at $0.75 Credit
Sold 1 IREN 06/12/2026 43/47 Bull Put Spread at $0.75 Credit
Bought to close 1 TSLA 06/08/2026 490/480 Bear Call Spread at $0.01
Adding.
Sold SPY Jul 17 2026 690.0 Put @ 3.71
Sold SPY Jul 17 2026 680.0 Put @ 3.00
Sold SPY Jul 17 2026 670.0 Put @ 2.45
STC XBCI @31.32
STC BTCI @28.39
#EXITINGHIGHRISK
BTO OMAH @18.525
#dividends
What a difference a day makes…. big drawdown as I’m deep ITM on dailys with no premium available for rolling.
#Jobs — Much higher than expected again; UE holds.
Gain of +172,000 non-farm payroll jobs, vs. expected gain of 80K
Unemployment unchanged at 4.3%
U6 unemployment 8.1%, down by 0.1%
Labor force participation unchanged at 61.8%
Average hourly earnings up by 0.3%; +3.4% Y/Y
March jobs revised up by +29K to +214K
April jobs revised up by +64K to +179K
Just for fun. Starter down near the 200 day. Sold against some long 400s I bought earlier for a few cents.
Sold SPY Jul 17 2026 700.0 Puts @ 3.75
Bought to close BSX 06/05/2026 44/46.5 Bull Put Spreads at $0.01
Rolled 1 IREN 06/05/2026 58/60 Bull Put Spread to 1 IREN 06/12/2026 55/59 Bull Put Spread at $0.54 Credit
Rolled 1 UVXY 06/06/2026 26/30.5 Bull Put Spread to 1 UVXY 06/12/2026 26.5/30 Bull Put Spread at $0.03 Credit
Tightened up the spread a point
Rolled 1 MSTX 06/05/2026 13.0 Put to 1 MSTX 06/12/2026 12.0 Put at $0.32 Credit
Rolled 1 TSLA 06/05/2026 425/415 Bear Call Spread to 1 TSLA 06/08/2026 425/147.5 Bear Call Spread at $0.03 Credit
Tightened up the spread and raised the short strike 2.5 Points.
Also closed 1 TSLA 06/08/2026 487.5/477.5 Bear Call Spread at $0.01
Rolled SPX Jun 05 2026 7550.0 Puts to Jun 08 2026 7550.0 Puts @ 10.75 credit
Rolled SPX Jun 05 2026 7600.0 Put to Jun 08 2026 7600.0 Put @ 4.00 credit
SOLD CALENDAR IREN from-5 JUN 2026-to 18 JUN 2026/ 69 PUT @1.49
#rolling
US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%
In a noteable change from previous months’ downware revisions, the change in total nonfarm payroll employment for March was revised up by 29,000, from +185,000 to +214,000, and the change for April was revised up by 64,000, from +115,000 to +179,000. With these revisions, employment in March and April combined is 93,000 higher than previously reported.
Sold a tiny bit of TROW at $108.01. Bought in 2023 at $93.00
Sold a bit more IP at $34.34. Bought in May at $29.43
#FormerFallingKnife
Started a tiny new position in T at $22.50
Added a tiny bit to an old position in WU at $7.75
#FallingKnife
Rolled $XSP June 4th 760 puts to June 5th 760 puts, .75 credit
Rolled $XSP June 4th 758 puts to June 5th 758 puts, 1.22 credit
SPX, Rolled the June 4, 7550 puts to June 5, 7545 puts for a credit of 9.00
Rolled $SPX Jun 4 7560 puts out to Jun 5 7560 puts @ 11.70 credit
Rolled $SPX Jun 4 7565 puts out to Jun 5 7565 puts @ 12.15 credit
Rolled $SPX Jun 4 7570 puts out to Jun 5 7570 puts @ 12.10 credit
#fuzzyleaps
Rolled SPX Jun 3 2026 7575 Put to Jun 4 2026 7575 Put @ 12.00 credit.
Rolled SPX Jun 3 2026 7550 Put to Jun 4 2026 7550 Put @ 10.00 credit.
Rolled SPX Jun 3 2026 7525 Put to Jun 4 2026 7525 Put @ 7.00 credit.
Bought 1 MRVL 06/05/2026 160/170 Bull Put Spread at $0.02
Sold 1 MRVL 06/05/2026 220/240 Bull Put Spread at $0.31 Credit
#DoubleDip
Sold 1 MRVL 06/05/2026 360/340 Bear Call Spread at $2.23 Credit
Sold 1 MRVL 06/12/2026 222.5/260 Bull Put Spread at $0.56 Credit
Bought to close 1 TSLA 06/03/2026 452.5/442.5 Bear Call Spread at $0.01
Sold 1 TSLA 06/08/2026 490/480 Bear Call Spread at $0.18
Sold 1 TSLA 06/08/2026 487.5/477.5 Bear Call Spread at $0.23
#FuzzyLEAPs
Rolled $XSP June 3rd 758 puts to June 4th 758 puts, 1.20 credit
Asking same price to roll 760 puts
Didn’t post yesterday but I now have 758 and 760 short dailys, and I rolled the 720 LEAP spread up to 760. LEAPs now at 730, 740, and 760. Account values back to moving upward after quite a time of going sideways.
STO IREN 5 JUN 2026 69 PUT @3.40
#shortputs
Rolled $SPX Jun 3 7560 puts out to Jun 4 7560 puts @ 7.80 credit
Rolled $SPX Jun 3 7565 puts out to Jun 4 7565 puts @ 8.50 credit
Rolled $SPX Jun 3 7570 puts out to Jun 4 7570 puts @ 9.45 credit
#FuzzyLEAPs
Out all day tomorrow so rolling to Friday.
Rolled SPX Jun 03 2026 7550.0 Puts to Jun 05 2026 7550.0 Puts @ 14.25 credit
Rolled SPX Jun 03 2026 7600.0 Put to Jun 05 2026 7600.0 Put @ 18.80 credit
Sold 1 BOIL1 06/05/2026 16.0 Covered Call at $0.02
Sold CAG 06/05/2026 16.0 Covered Calls at $0.02
#EveryLittleBitHelps
Bought to close 1 TSLA 06/03/2026 362.5/382.5 Bull Put Spread at $0.01
Bought to close 1 TSLA 06/03/2026 375/395 Bull Put Spread at $0.01
Bought to close 1 MDT 06/05/2026 66.0 Put at $0.01
Sold 1 FISV 06/05/2026 51.0 Put at $0.12
Sold 1 CAG 06/05/2026 12.5 Put at $0.08
Sold 1 MSTX 06/05/2026 13.0 Put at $0.06
#TinyPuts
Added a tiny bit of CMCSA stock at $24.50
Added a tiny bit of FIS stock at $41.08
Added a tiny bit of GIS stock at $32.50
Added a tiny bit of TSCO stock at $29.42
#FallingKnife
Bought to close 1 MRVL 06/05/2026 135/150 Bull Put Spread at zero debit
Sold 1 TSLA 06/10/2026 485/475 Bear Call Spread at $0.34 Credit
#fuzzyleaps
Rolled SPX Jun 2 2026 7575 Put to Jun 3 2026 7575 Put @ 5.50 credit.
Rolled SPX Jun 2 2026 7550 Put to Jun 3 2026 7550 Put @ 3.25 credit.
Rolled SPX Jun 2 2026 7525 Put to Jun 3 2026 7525 Put @ 2.00 credit.
Rolled Dec 2030 7500 puts up to 7600 puts @ 26.30 debit
Rolled Jun 2 7520 puts out to Jun 3 7560 puts @ 4.65 credit
Rolled Jun 2 7525 puts out to Jun 3 7565 puts @ 5.10 credit
Rolled Jun 2 7530 puts out to Jun 3 7570 puts @ 5.95 credit
STO January 2028, 45 puts at 8.25
Pretty typical. Nearly always get filled between 26.50 and 27.00
Rolled Dec 2030 7500 to 7600 @ 26.70 debit
Rolled SPX Jun 02 2026 7550.0 Puts to Jun 03 2026 7550.0 Puts @ 6.50 credit
Trying again to #TakeOneForTheTeam
Rolled SPX Jun 02 2026 7550.0 Put to Jun 03 2026 7600.0 Put @ 24.25 credit
Added a tiny bit to my CAG stock position at $13.00
Added a tiny bit to my TAP stock position at $39.00
#FallingKnife
Sold tiny bits of IP stock at $33.83 and $34.01
Sold my entire small position of ARE at $51.08
#FormerFallingKnife
Sold 1 CE 06/19/2026 65.0 Covered Call at $0.45
#EveryLittleBitHelps
#fuzzyleaps
STO SPX Jun 2 2026 7575 Put @ 7.00 credit.
Rolled SPX Jun 1 2026 7550 Put to Jun 2 2026 7550 Put @ 3.25 credit.
Rolled SPX Jun 1 2026 7525 Put to Jun 2 2026 7525 Put @ 2.00 credit.
I was busy most of the day and didn’t get to look at the market until after 2:00 PM Central time, so these were late trades near the close.
#FuzzyLEAPs
Rolled $XSP June 1st 754 puts to June 2nd 754 puts, .80 credit
Rolled UP June 1st 750 puts to June 2nd 758 puts, .74 credit
Bought to close 1 TSLA 06/01/2026 495/480 Bear Call Spread at $0.01
Bought to close 1 TSLA 06/01/2026 365/380 Bull Put Spread at $0.01
Bought to close 1 TSLA 06/03/2026 510/500 Bear Call Spread at $0.01
Replaced them with these:
1 TSLA 06/03/2026 382.5/392.5 Bull Put Spread at $0.21 Credit
1 TSLA 06/03/2026 452.5/442.5 Bear Call Spread at $0.35 Credit
1 TSLA 06/08/2026 365/375 Bull Put Spread at $0.39 Credit
1 TSLA 06/10/2026 370/380 Bull Put Spread at $0.35 Credit
Rolled $SPX Jun 1 7520 puts out to Jun 2 7520 puts @ 5.65 credit
Rolled $SPX Jun 1 7525 puts out to Jun 2 7525 puts @ 6.20 credit
Rolled $SPX Jun 1 7530 puts out to Jun 2 7530 puts @ 6.80 credit
#FuzzyLEAPs
Sold 1 BSX 06/05/2026 44/46.5 Bull Put Spread at $0.34 Credit
Sold 1 MRVL 06/05/2026 160/170 Bull Put Spread at $0.63 Credit
Sold 1 TSLA 06/12/2026 355/375 Bull Put Spread at $0.69 Credit
Sold 1 UVXY 06/05/2026 35/32.5 Bear Call Spread at $0.24 Credit
Sold 1 BOIL1 06/05/2026 12.0 Put at $0.10
Sold 1 BSX 06/05/2026 46.0 Put at $0.20
Sold 1 BSX 06/05/2026 46.5 Put at $0.30
Sold 1 CAG 06/05/2026 13.0 Put at $0.15
Sold 1 MDT 06/05/2026 66.0 Put at $0.16
Sold 1 MSTX 06/05/2026 18.0 Put at $0.06
#TinyPuts
Sold CPB 06/05/2026 24.0 Covered Calls at $0.01
Sold TSCO 06/05/2026 32.5 Covered Calls at $0.25
#EverylittleBitHelps
Sold out my tiny position in KDP at $30.30. Bought on 04/06 at $25.00
#FormerFallingKnife
Rolled SPX Jun 01 2026 7525.0 Puts to Jun 02 2026 7550.0 Puts @ 9.00 credit
Rolled SPX Jun 01 2026 7550.0 Puts to Jun 02 2026 7550.0 Puts @ 6.00 credit
Sold out my tiny BBY stock position at $77.10.
Bought on 04/29 at $58.40.
#FormerFallingKnife
MRVL 120/130 Bull Put Spread
BAX 22.0 Covered Calls
BOIL1 16.0 Covered Call
TSCO 32.0 Covered Call
TSCO 32.5 Covered Call
TSCO 36.0 Covered Call
TZA 8.5 Covered Calls
TZA 9.5 Covered Call
BSX 48.0 Put
CAG 13.0 Put
HRL 19.0 Puts
MSTX 22.0 Put
ASSIGNMENTS:
KHC 24.0 Covered Calls (closed only 1 penny over the strike price)
SPCE 5.5 Covered Calls (been fighting this one since 3 different 2025 Put assignments at $4.07 avg price)
Here’s an even more extreme example of how this works even in a beyond ridiculous up market. In my daughter’s account I started with one contract on April 15th. This was just after the market bottomed and had gapped up above the 50 day moving average. Since then SPX has gone up another 10 percent in 6 weeks. So how did one contract do?
Here’s the actual numbers:
Building positions:
01 added in Apr 2026
Lots of roll ups (5 total) eventually getting everything to 7500 strike in 2030 expiration.
Total Cost to this point:
89,030.00
Total credit to close LEAP:
72,500.00
Loss on LEAPS:
-16,530.00
Total premium received:
37,896.00
===================
Total gain:
21,366.00
===================
Not bad considering how awful my entry timing was. VIX was still a little high and obviously I never imagined a run up like we’ve had. BUT STILL GREAT RETURNS (208 percent annualized). Crazy when you consider this is about as bad as it can get fighting an up move.
I’m now one week short of being in the new positions for 3 months. Started these in the new ROTH IRA on March 5th 2026. Somewhere earlier I said that 2025 was about as bad as it could get needing to manage these to the upside where I feel most of the risk is. Boy was I wrong! How has the SPX strategy fared during this most recent historic massive run up?
Here’s the actual numbers:
Building positions:
15 added in Mar 2026
08 added in Apr 2026
02 added in May 2026
Lots of various sized roll ups (6 total) eventually getting everything to 7500 strike in 2030 expiration.
Total Cost to this point:
2,327,258.00
Total credit to close LEAPS:
1,812,500.00
Loss on LEAPS:
-514,758.00
Total premium received:
1,179,132.00
===================
Total gain:
664,374.00
===================
It’s nice to see that it’s still working pretty good in this crazy market. Typically the worst I’ve seen to this point over the last 3 years is keeping about 70 percent of premium received. In this market that number has dropped to about 56 percent. STILL GREAT PROFITS (114% annualized) but imagine what this will (could be) in a more normal market! Gonna keep plugging away and adding as I can. Assuming no implosion the next big add to the LEAPS could come in a couple weeks. Planning on adding 5 at a time and then recovering cash. As the position grows bigger the cash will be recovered even quicker. That’s the SPX Snowball rolling downhill!!
Good luck everyone!