TSLA 09/02/2026 395/392.5 Bear Call Spread
AMZN 09/02/2026 245/257.5 Bull Put Spread
Recent Updates
SPY Spreads
Sold 1 SPY 09/03/2026 774/771 Bear Call Spread at $0.15 Credit
Sod 1 SPY 09/03/2026 755/758 Bull Put Spread at $0.15 Credit
They can’t both lose 🙂
XSP rolls 9/2/26
#FuzzyLEAPs I got one day of respite yesterday, but today I returned to my awful timing for swing rolls. Tried to git’er done early and that screwed me.
Rolled $XSP Sep 2nd 780 puts UP to Sep 3rd 783 puts, .60 credit
Rolled $XSP Sep 2nd 778 puts UP to Sep 3rd 780 puts, -.40 debit
SPX
Nice up day so a good time to roll my lid. As long as these are being rolled everything is free money. 🙂 🙂
Rolled SPX Sep 04 2026 7825.0 Puts to Sep 18 2026 7825.0 Puts @ 10.75 credit
Also rolling my other highest strikes:
Rolled SPX Sep 04 2026 7740.0 Puts to Sep 11 2026 7720.0 Puts @ 2.00 credit
Rolled SPX Sep 04 2026 7730.0 Puts to Sep 11 2026 7710.0 Puts @ 4.50 credit
SPX
Just in case Iceman’s post about drawdowns holds true again throwing this out there at the bottom of the expected move. Looking at call spreads to sell to maybe help pay for part or all of this.
Bought to Open SPX Oct 16 2026 7300/7200 Bear Put Spread @ 9.85
EDIT: Sold SPX Oct 16 2026 7900/7905 Bear Call Spreads @ 1.40
SPX
Rolled SPX Sep 02 2026 7675.0 Put to Sep 09 2026 7650.0 Put @ 12.50 credit
Rolled SPX Sep 02 2026 7650.0 Put to Sep 09 2026 7625.0 Put @ 21.05 credit
SPX
#fuzzyleaps
Rolled SPX Sep 2 2026 7595 Put to Sep 8 2026 7505 Put @ 6.10 Credit.
Ladder now:
Sep 3 7580 Put
Sep 4 7505 Put
Sep 8 7505 Put
LEAPs:
3 @ 7700
SPX now:
7631.47
From X (Twitter)
S&P 500 DRAWDOWN AFTER AUGUST IN EVERY RECENT MIDTERM ELECTION YEAR:
1962: -12.3%
1966: -18.2%
1970: -7.1%
1974: -28.6%
1978: -9.3%
1982: -27.1%
1986: -8.4%
1990: -18.2%
1994: -9.3%
1998: -18.3%
2002: -21.1%
2006: -6.9%
2010: -16.0%
2014: -11.2%
2018: -21.2%
2022: -16.9%
NOT A SINGLE POSITIVE RETURN IN 60 YEARS
2026 WON’T BE DIFFERENT
SPX rolls
Rolled $SPX Sep 1 7720 puts out to Sep 4 7720 puts @ 1.70 credit
Rolled $SPX Sep 1 7700 puts out to Sep 4 7700 puts @ 5.50 credit
Rolled $SPX Sep 1 7660 puts out to Sep 4 7630 puts @ 3.50 credit
XSP rolls 9/1/26
#FuzzyLEAPs was able to roll one down a strike but not both
Rolled $XSP Sep 1st 781 puts DOWN to Sep 2nd 780 puts, 1.00 credit
Rolled $XSP Sep 1st 778 puts to Sep 2nd 778 puts, .30 credit
CPB Spread
Sold 1 CPB 09/04/2026 25.5/25 Bear Call Spread at $0.12 Credit
#EveryLittleBitHelps
IREN SPYI IWMI
#rolling
IREN rolled 18 DEC 2026 50 PUT/to 19 FEB 2027 50 put 2027 for a @1.47 credit
IREN rolled 18 DEC 2026 60 PUT / to a 19 FEB 60 put 2027 for a @1.15 credit
Tiny buy
BOT SPYI @53.48
BOT IWMI @51.60
Tuesday trades
Sold 1 AMZN 09/02/2026 245/247.5 Bull Put Spread at $0.12 Credit
Sold 1 GOOGL 09/02/2026 320/325 Bull Put Spread at $0.14 Credit
Sold 1 META 09/02/2026 537.5/540 Bull Put Spread at $0.18 Credit
Sold 1 PANW 09/04/2026 300/302.5 Bull Put Spread at $0.13 Credit
Sold 1 FIS 09/04/2026 38.0 Put at $0.10
Sold 1 NKE 09/04/2026 37.0 Put at $0.09
Sold 1 PCG 09/04/2026 12.0 Put at $0.07
Started a tiny new position in WYNN stock at $90.00
Added a tiny bit more LII stock at $380.00
SPY
Sprinkling a few starters out there around the 200 day.
Sold SPY Oct 16 2026 710.0 Put @ 3.50
Sold SPY Oct 16 2026 715.0 Put @ 3.85
Sold SPY Oct 16 2026 720.0 Put @ 4.30
SPX
Rolled SPX Sep 01 2026 7650.0 Put to Sep 08 2026 7625.0 Put @ 17.75 credit
Rolled SPX Sep 01 2026 7625.0 Put to Sep 08 2026 7600.0 Put @ 21.75 credit
SPX
#fuzzyleaps
Rolled SPX Sep 1 2026 7560 Put to Sep 4 2026 7505 Put @ 6.00 Credit.
Ladder now:
Sep 2 7595 Put
Sep 3 7580 Put
Sep 4 7505 Put
LEAPs:
3 @ 7700
SPX now:
7686.14
SPX
Rolled SPX 31 Aug 26 7740 Put out and down to 4 Sept 26 7735 Put @ 5.30 Credit….
Monday spreads closed
AMZN 08/31/2026 252.5/255 Bull Put Spread at $0.00 = even
AVGO 08/31/2026 355/357.5 Bull Put Spread at $0.00 = even
AVGO 08/31/2026 385/380 Bear Call Spread at $0.01
MSFT 08/31/2026 495/500 Bull Put Spread at $0.00 = even
MSFT 08/31/2026 527.5/525 Bear Call Spread at $0.00 = even
XSP rolls 8/31/26
#FuzzyLEAPs Friday turned out to be the only ATM day for me, and only briefly at that. It was an opportunity to roll to lower strikes but I didn’t take it, thinking I’d have at least another day. Not so. So I continue to be stuck ITM and monumentally awful at picking points to swing roll. Today was so bad I had to roll up strikes. I remain in the red on rolls for almost a month now.
Rolled $XSP Aug 31st 780 puts to Sept 1st 781 puts, even
Rolled $XSP Aug 31st 777 puts to Sept 1st 778 puts, even
SPX
Rolled SPX Aug 31 2026 7730.0 Puts to Sep 04 2026 7720.0 Puts @ 8.00 credit
Rolled SPX Aug 31 2026 7720.0 Puts to Sep 04 2026 7710.0 Puts @ 11.50 credit
Rolled SPX Aug 31 2026 7650.0 Put to Sep 04 2026 7625.0 Put @ 17.50 credit
Rolled SPX Aug 31 2026 7625.0 Put to Sep 04 2026 7600.0 Put @ 15.30 credit
Monday trades
Sold CPB 09/04/2026 25.0 Covered Calls at $0.15
Sold 1 TSCO 09/04/2026 36.0 Covered Call at $0.15
Sold 1 CE 09/18/2026 55.0 Covered Call at $0.15
Sold 1 HRL 09/04/2026 22.5 Covered Call at $0.05
#EveryLittleBitHelps
Sold 1 PANW 09/04/2026 312.5/315 Bull Put Spread at $0.14 Credit
Sold 1 AVGO 09/04/2026 455/445 Bear Call Spread at $0.28 Credit
#OnlySpreads
Sold 1 LULU 09/04/2026 100.0 Put at $0.43
Sold 1 WYNN 09/04/2026 87.0 Put at $0.15
Sold 1 PCG 09/04/2026 12.5 Put at $0.10
#TinyPuts
Started a tiny new position of NRG at $110.00
#FallingKnife
SPX
#fuzzyleaps
Rolled SPX Aug 31 2026 7505 Put to Sep 3 2026 7580 Put @ 6.00 Credit.
Ladder now:
Sep 1 7560 Put
Sep 2 7595 Put
Sep 3 7580 Put
LEAPs:
3 @ 7700
SPX now:
7711.76
Earnings 8/31 – 9/4
Econ Calendar 8/31 – 9/4
OptionsExpiration
AVGO 08/28/2026 395/390 Bear Call Spread
AVGO 08/28/2026 397.5/392.5 Bear Call Spread
MRVL 08/28/2026 295/292.5 Bear Call Spread
MRVL 08/28/2026 300/297.5 Bear Call Spread
MRVL 08/28/2026 305/302.5 Bear Call Spread
MRVL 08/28/2026 190/192.5 Bull Put Spread
NVDA 08/28/2026 175/180 Bull Put Spread
NVDA 08/28/2026 185/187.5 Bull Put Spread
NVDA 08/28/2026 240/237.5 Bear Call Spread
QQQ 08/28/2026 726/725 Bear Call Spread
CAG 08/28/2026 17.0 Covered Calls
CPB 08/28/2026 25.0 Covered Calls
HRL 08/28/2026 27.0 Covered Call
TSCO 08/28/2026 36.0 Covered Call
NKE 08/28/2026 38.0 Puts
NKE 08/28/2026 37.5 Put
NRG 08/28/2026 105.0 Put
ASSIGNMENTS
HRL 22.5 Puts
HRL 22.0 Put
SPCX Spreads closed
Bought to close 1 SPCX 08/28/2026 146/144 Bear Call Spread at $0.00 = even
Bought to close 1 SPCX 08/28/2026 150/147 Bear Call Spread at $0.00 = even
SPX
Rolled SPX 28 Aug 2026 7740 Put to Aug 31 2026 7740 Put @ 5.15 Credit
SPX
Rolled SPX Aug 28 2026 7720.0 Puts to Aug 31 2026 7720.0 Puts @ 11.50 credit
Rolled SPX Aug 28 2026 7730.0 Puts to Aug 31 2026 7730.0 Puts @ 9.55 credit
Rolled SPX Aug 28 2026 7650.0 Put to Sep 03 2026 7650.0 Put @ 13.05 credit
Rolled SPX Aug 28 2026 7675.0 Put to Sep 03 2026 7675.0 Put @ 16.25 credit
XSP rolls 8/28/26
#FuzzyLEAPs Finally a day I don’t need to play the swings…
Rolled $XSP Aug 28th 777 puts to Aug 31st 777 puts, .90 credit
Rolled $XSP Aug 28th 780 puts to Aug 31st 780 puts, .50 credit
MSFT Calls
Sold 1 MSFT 08/31/2026 527.5/525 Bear Call Spread at $0.27 Credit
QQQ Calls
Tight #0DTE Spread
Sold 1 QQQ 08/28/2026 726/725 Bear Call Spread at $0.12 Credit
SPCX
Bought to close 1 SPCX 08/28/2026 130/135 Bull Put Spread at $0.01
Sold 1 SPCX 08/28/2026 150/147 Bear Call Spread at $0.15 Credit
#0DTE
NVDA SPCX
TTMR. Completely out of these now with good gains in a few days.
Sold to Close NVDA Oct 16 2026 175.0 Puts @ .75
Sold to Close SPCX Oct 16 2026 70.0 Puts @ .11
NVDA +400
SPCX +510
SPX rolls
Rolled $SPX Aug 28 7725 puts out to Sep 1 7700 puts @ 5.15 credit
Rolled $SPX Aug 28 7740 puts out to Sep 1 7720 puts @ 5.15 credit
Rolled $SPX Aug 28 7760 puts out to Sep 2 7740 puts @ 5.40 credit
Rolled $SPX Aug 28 7660 puts out to Sep 1 7660 puts @ 7.15 credit
New stocks
Started some tiny new stock positions this week:
APP at $298.00
CMS at $68.00
LII at $390.00
LHX at $259.75
MCD at $260.00
APTV at $45.00
All these are #FallingKnife positions
SPX
#fuzzyleaps
Rolled SPX Aug 28 2026 7605 Put to Sep 2 2026 7595 Put @ 6.00 Credit.
Ladder now:
Aug 31 7505 Put
Sep 1 7560 Put
Sep 2 7595 Put
LEAPs:
3 @ 7700
SPX now:
7730.99
NVDA SPCX
Bought to Close NVDA Aug 28 2026 200.0 Puts @ .03
Bought to Close SPCX Aug 28 2026 125.0 Puts @ .03
Both positions are free now and nicely profitable. I’ll wait and see if we get a pullback to sell some more.
XSP
Rolled XSP 08/28/26 774 Put out and down to XSP 09/04/26 772 Put @ 1.45 Credit
AVGO Spreads
Sold 1 AVGO 08/28/2026 340/350 Bull Put Spread at $0.26 Credit
Sold 1 AVGO 08/28/2026 395/390 Bear Call Spread at $0.15 Credit
#1DTE
SPY Calls closed
Bought to close 1 SPY 08/27/2026 778/775 Bear Call Spread at $0.01
Bought to close 1 SPY 08/27/2026 777/774 Bear Call Spread at $0.01
Out of all option positions on this one for now !
XSP rolls 8/27/26
#FuzzyLEAPs. Another shitty day of ITM; rolled the 777’s with a standard calendar; took awhile to fill but once it did, it quickly proved to be too early as premium now around .80. As for the 780, I missed the volatility right after the open where a swing roll would have been perfect and now stuck in a leg-out while we rally. I will wait for any pullback and likely roll to a higher strike.
Rolled $XSP Aug 27th 777 puts to Aug 28th 777 puts, .35 credit
SPCX
Bought to close 1 SPCX 08/28/2026 167.5/160 Bear Call Spread at $0.01
Sold 1 SPCX 09/04/2026 175/165 Bear Call Spread at $0.16 Credit
Sold 1 SPCX 08/28/2026 130/135 Bull Put Spread at $0.16 Credit
#EveryLittleBitHelps
NVDA Puts Closed
Bought to close 1 NVDA 08/28/2026 180/185 Bull Put Spread at $0.01
Covered 1 of my positions
BSX Calls closed
Bought to close 1 BSX 08/28/2026 57/53 Bear Call Spread at $0.01
Bought to close 1 BSX 08/28/2026 56/51 Bear Call Spread at $0.01
Out of all option positions on this one now !
SPX
Rolled SPX Aug 27 2026 7700.0 Put to Sep 02 2026 7675.0 Put @ 16.00 credit
Rolled SPX Aug 27 2026 7675.0 Put to Sep 02 2026 7650.0 Put @ 17.60 credit
And rolled my 2 highest strike positions:
Rolled SPX Aug 28 2026 7760.0 Puts to Sep 04 2026 7740.0 Puts @ 3.50 credit
Rolled SPX Aug 28 2026 7750.0 Puts to Sep 04 2026 7730.0 Puts @ 5.50 credit
SPX
#fuzzyleaps
Rolled SPX Aug 27 2026 7575 Put to Sep 1 2026 7560 Put @ 6.00 Credit.
Ladder now:
Aug 28 7605 Put
Aug 31 7505 Put
Sep 1 7560 Put
LEAPs:
3 @ 7700
NVDA (before earnings report)
Bank of America reaffirms a $350 target for Nvidia, citing potential catalysts from upcoming disclosures on off-balance-sheet commitments and free cash flow returns to shareholders. The company is expected to generate about $470 billion in free cash flow in 2026-27, emphasizing strong future growth prospects.
My positions in NVDA pre-earnings:
1 NVDA 08/28/2026 175/180 Bull Put Spread
1 NVDA 08/28/2026 185/187.5 Bull Put Spread
1 NVDA 08/28/2026 180/185 Bull Put Spread (different account)
OptionsExpiration
AVGO 08/26/2026 405/395 Bear Call Spread
GOOGL 08/26/2026 370/367.5 Bear Call Spread
META 08/26/2026 557.5/560 Bull Put Spread
META 08/26/2026 592.5/590 Bear Call Spread
META 08/26/2026 597.5/595 Bear Call Spreads
QQQ 08/26/2026 698/699 Bull Put Spread
QQQ 08/26/2026 723/720 Bear Call Spread
QQQ 08/26/2026 725/721 Bear Call Spread
META 0DTE Spread
Sold another with higher strikes:
Sold 1 META 08/26/2026 597.5/595 Bear Call Spread at $0.53 Credit
XSP rolls 8/26/26
#FuzzyLEAPs After reviewing the intraday charts, I figured acting early is the best approach to swing rolling.
Rolled $XSP Aug 26th 777 puts to Aug 27th 777 puts, 1.00 credit
Rolled $XSP Aug 26th 780 puts to Aug 27th 780 puts, .40 credit
META 0DTE Spread
Sold 1 META 08/26/2026 592.5/590 Bear Call Spread at $0.42 Credit
NVDA
Another one just for fun. Buying Oct and selling three times a week against it. NVDA has Mon, Wed and Fri expirations. Plenty of chances to roll down and/or sell more on a down move. No upside risk. If NVDA drops below 175 then I’d like to see it go on down to 50. 🙂 🙂
Sold NVDA Aug 28 2026 200.0 Puts
Against:
Bought NVDA Oct 16 2026 175.0 Puts
Net Credit .10 on the whole thing.
I look at this and my SPCX trade as “mini” SPX type of trades. Just shorter term to take advantage of premiums in some of these headline type stocks.
SPX
Rolled SPX Aug 26 2026 7700.0 Put to Sep 01 2026 7650.0 Put @ 4.50 credit
Rolled SPX Aug 26 2026 7675.0 Put to Sep 01 2026 7625.0 Put @ 16.25 credit
SPX
#fuzzyleaps
Rolled SPX Aug 26 2026 7530 Put to Aug 31 2026 7505 Put @ 6.00 Credit.
Ladder now:
Aug 27 7575 Put
Aug 28 7605 Put
Aug 31 7505 Put
LEAPs:
3 @ 7700
OptionsExpiration
1 QQQ 08/25/2026 715/714 Bear Call Spread
1 QQQ 08/25/2026 689/691 Bull Put Spread
1 SPY 08/25/2026 748/750 Bull Put Spread
XSP rolls 8/25/26
#FuzzyLEAPs Feel like I got caught with my pants down again, suffering multiple days ITM as I was unable to roll strikes down. And it was the second time in a row that the multiple day (or week) pullback came immediately after I rolled strikes much higher (in this case from 770 to 780). I’m trying to figure away to avoid this. What I will try next time is to NOT roll so high and leave at least one strike a decent distance below the XSP highs, rather than all strikes ATM. Since we first dropped on Aug 17th I have had very dismal luck in legging on the swings, with a net LOSS on daily rolls over the 7 trading days. There is not sufficient volatility to provide sharp down moves that make swing-rolls easy during Downside Warnings.
Rolled $XSP Aug 25th 780 puts to Aug 26th 780 puts, -.80 debit
Rolled $XSP Aug 25th 777 puts to Aug 26th 777 puts, -.50 debit
HRL
Sold 1 HRL 08/28/2026 27.0 Covered Call at $0.04
Sold 1 HRL 08/28/2026 22.0 Put at $0.10
#EveryLittleBitHelps
HRL MRVL Spreads
Sold 1 HRL 08/28/2026 20/22.5 Bull Put Spread at $0.15 Credit
Sold 1 MRVL 08/28/2026 300/297.5 Bear Call Spread at $0.13 Credit
SPY Calls and Puts
Sold 1 SPY 08/25/2026 774/769 Bear Call Spread at $0.15 Credit
Bought to close 1 SPY 08/25/2026 754/757 Bull Put Spread at $0.01.
Sold yesterday at $0.15
SPX options data
Not streaming at Schwab/Thinkorswim.
SPX
Rolled SPX Aug 25 2026 7675.0 Put to Aug 31 2026 7650.0 Put @ 11.00 credit
Rolled SPX Aug 25 2026 7650.0 Put to Aug 31 2026 7625.0 Put @ 18.50 credit
And keeping the lid on:
Rolled SPX Aug 25 2026 7825.0 Puts to Sep 04 2026 7825.0 Puts @ 5.00 credit
SPX
#fuzzyleaps
Rolle SPX Aug 25 2026 7675 Put to Aug 28 2026 7605 Put @ 6.00 Credit.
Ladder now:
Aug 26 7530 Put
Aug 27 7575 Put
Aug 28 7605 Put
LEAPs:
3 @ 7700
Jackson Hole
Thought you guys might get a kick out of this. I’m out in Wyoming and drove from Cody to Yellowstone to Jackson Hole. Just a little north of the town of Jackson Hole I saw this place that sounded familiar. Stopped and searched online and found this is their secret hideout. Had to go in and snoop around a little. 🙂 🙂 I think I spotted JP sitting out on the patio. Lots of old guys that looked like they were trying to blend in. Nice place too!! The big pow wow starts Thursday.
SPX
Rolled these early in the pre market and forgot to post. Out all day today.
Rolled SPX Aug 24 2026 7700.0 Put to Aug 28 2026 7675.0 Put @ 11.00 credit
Rolled SPX Aug 24 2026 7675.0 Put to Aug 28 2026 7650.0 Put @ 18.50 credit
OptionsExpiration
NVDA 08/24/2026 202.5/205 Bull Put Spread
QQQ 08/24/2026 701/702 Bull Put Spread
SPY 08/24/2026 749/751 Bull Put Spread
SPY 08/24/2026 785/783 Bear Call Spread
TSLA 08/24/2026 340/342.5 Bull Put Spread
SPX roll
Rolled $SPX Aug 24 7690 puts down and out to Aug 28 7660 puts @ 8.35 credit
XSP
Rolled XSP 08/24/26 Put 774 to XSP 08/28/26 Put 774 @ 0.65 Credit
Other Monday trades
Sold CAG 08/28/2026 17.0 Covered Calls at $0.05
Sold CPB 08/28/2026 25.0 Covered Calls at $0.10
Sold 1 TSCO 08/28/2026 36.0 Covered Call at $0.15
Sold 1 SPCE 08/28/2026 4.0 Covered Call at $0.01
#EveryLittleBitHelps
Sold 1 HRL 08/28/2026 22.0 Put at $0.15
Sold 1 NRG 08/28/2026 105.0 Put at $0.33
#TinyPuts
XSP rolls 8/24/26
#FuzzyLEAPs Got back to my lucky strike; still working on rolling the 780
Rolled $XSP Aug 24th 778 puts to Aug 25th 777 puts, .50 credit
SPY Puts rolled
Bought to close 1 SPY 08/24/2026 753/757 Bull Put Spread at $0.01
Replaced to with 1 SPY 08/25/2026 754/757 Bull Put Spread at $0.15 Credit
MSFT META AVGO spreads closed
Bought to close 1 MSFT 08/24/2026 445/465 Bull Put Spread at $0.01
Bought to close 1 MSFT 08/24/2026 507.5/497.5 Bear Call Spread at $0.01
Bought to close 1 META 08/24/2026 585/572.5 Bear Call Spread at $0.01
Bought to close 1 AVGO 08/24/2026 395/385 Bear Call Spread at $0.00
SPCX NVDA spreads
Sold 1 SPCX 08/28/2026 167.5/160 Bear Call Spread at $0.16 Credit
Sold 1 NVDA 08/28/2026 180/185 Bull Put Spread at $0.17 Credit (#Earnings)
SPX
#fuzzyleaps
Rolled SPX Aug 24 2026 7640 Put to Aug 27 2026 7575 Put @ 6.55 Credit.
Ladder now:
Aug 25 7675 Put
Aug 26 7530 Put
Aug 27 7575 Put
LEAPs:
3 @ 7700
Earnings 8/24 – 8/28
Econ Calendar 8/24 – 8/28
Options Bistro 