bikeeagle1 4:38 pm on Wednesday, May 20, 2026

Interesting article about gamma squeezes…

Since this forum is all about options trading, I thought you guys might enjoy this article. It talks about market makers, how they take the other side of most of our trades, and then have to hedge against movements in the underlying. It also helps explain some of the oversized moves that we’ve seen lately, where the market moves much farther than what seems to be justified by the news.

Here is the link:

https://www.advisorperspectives.com/articles/2026/05/18/gamma-momentum-recipe-moonshots-tears

Enjoy!

Option Iceman 2:02 pm on Wednesday, May 20, 2026

Wednesday trades

Sold 1 MOS 05/22/2026 20.50 Put at $0.15
Sold 1 IP 05/22/2026 28.0 Put at $0.15

Bought to close 1 TSLA 05/20/2026 465/450 Bear Call Spread at $0.01.
Replaced it with 1 TSLA 05/22/2026 450/442.5 Bear Call Spread at $0.25 Credit

Bought to close 1 TSLA 05/20/2026 382.5/392.5 Bull Put Spread at $0.01
Replaced it with 1 TSLA 05/22/2026 385/395 Bull Put Spread at $0.54 Credit

Option Iceman 2:01 pm on Wednesday, May 20, 2026
Tags: everylittlebithelps ( 272 )

DOW UVXY

Bought to close 1 DOW 05/22/2026 44.5/40.5 Bear Call Spread at $0.01

Sold to open 1 UVXY 05/22/2026 40/37 Bear Call Spread at $0.14 Credit
#EveryLittleBitHelps

Jeff 7:48 am on Wednesday, May 20, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/20/26

#FuzzyLEAPs
Rolled $XSP May 20th 740 put to May 21st 740 puts, 1.80 credit
750 puts still TBD

fuzzballl 7:32 am on Wednesday, May 20, 2026

SPX

Rolled everything on the pre-market bounce. Happy NVDA day!!

Rolled SPX May 20 2026 7400.0 Puts to May 21 2026 7400.0 Puts @ 17.50 credit
Rolled SPX May 20 2026 7425.0 Puts to May 21 2026 7425.0 Puts @ 15.50 credit
Rolled SPX May 20 2026 7450.0 Puts to May 21 2026 7450.0 Puts @ 10.00 credit

bikeeagle1 6:17 am on Wednesday, May 20, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Since the /CL had a little dip in the pre-market, I went ahead with some of today’s trades:

Rolled SPX May 20 2026 7450 Put out and down to May 21 2026 7440 Put @ 2.20 Credit.
(Rolled down for small credit.)

Rolled SPX May 20 2026 7425 Put out to May 21 2026 7425 Put @ 14.00 Credit.
(Kept the strike to bring in some premium.)

After this rocket ship rally, I’m trying to get a little bit more conservative. I also have today’s 7400 strike to manage, but hoping to be able to exit it altogether instead of rolling. We’ll see how the day goes.

Option Iceman 3:26 pm on Tuesday, May 19, 2026
Tags: everylittlebithelps ( 272 ), FallingKnife ( 993 )

Tuesday trades

Added a tiny bit to my IP stock position ar $29.43
#FallingKnife
Added a tiny bit to a large CE stock position at $53.25

Sold 1 NCLH 05/22/2026 13.5 Put at $0.06
#EveryLittleBitHelps

Ramie 3:19 pm on Tuesday, May 19, 2026

SPX rolls

Was away from my desk earlier. Late in the day roll didn’t yield much for 1 day so I rolled out to Thursday to get some premium:

Rolled $SPX May 19 7445 puts out to May 21 7445 puts @ 9.10 credit
Rolled $SPX May 19 7450 puts out to May 21 7450 puts @ 9.20 credit
Rolled $SPX May 19 7455 puts out to May 21 7455 puts @ 7.05 credit

Jeff 11:30 am on Tuesday, May 19, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/19/26

#FuzzyLEAPs Another frustrating day where I planned to roll on the swings but caught the updraft. So I rolled the 740’s too early and now am stuck with having BTC my 750 but no roll sold.
Now over two months without any upward movement on account values. Still 2.5 years until the LEAPs expire, so I guess two months is a blip, but still looking for a return to profiting. (and hoping that 2029 expiry dates are released soon)

Rolled $XSP May 19th 740 puts to May 20th 740 puts, .90 credit
BTC May 19th 750 puts for 13.00. No roll sold yet. If we don’t return to the lows I may have to roll UP to a higher strike or OUT to a later date.

bikeeagle1 10:48 am on Tuesday, May 19, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 19 2026 7450 Put to May 20 2026 7450 Put @ 1.75 Credit.
Rolled SPX May 19 2026 7425 Put to May 20 2026 7425 Put @ 5.00 Credit.
Rolled SPX May 19 2026 7400 Put to May 20 2026 7400 Put @ 10.00 Credit.

fuzzballl 8:06 am on Tuesday, May 19, 2026

SPX

Great premium on our next rolls with NVDA reporting after the close tomorrow.

Rolled SPX May 19 2026 7400.0 Puts to May 20 2026 7400.0 Puts @ 9.50 credit
Rolled SPX May 19 2026 7425.0 Puts to May 20 2026 7425.0 Puts @ 6.00 credit
Rolled SPX May 19 2026 7450.0 Puts to May 20 2026 7450.0 Puts @ 3.00 credit

Out to Friday:

Rolled SPX May 19 2026 7475.0 Put to May 22 2026 7475.0 Puts @ 9.00 credit

fuzzballl 7:42 am on Tuesday, May 19, 2026

SPY

Throwing a little starter out at the 200 day.

Sold SPY Jun 18 2026 675.0 Puts @ 2.05

Option Iceman 1:35 pm on Monday, May 18, 2026
Tags: DamageControl ( 8 ), kickthecan ( 21 ), OnlySpreads ( 548 )

TSLA Rolls

Bought to close 1 TSLA 05/18/2026 402.5/405 Bull Put Spread at $0.03
Replaced it with 1 TSLA 05/20/2026 382.5/392.5 Bull Put Spread ar $0.61 Credit
#OnlySpreads

Rolled 1 TSLA 05/18/2026 420/412.5 Bear Call Spread to 1 TSLA 05/20/2026 420/412.5 Bear Call Spread at $0.10 Credit
Rolled 1 TSLA 05/18/2026 395/410 Bull Put Spread to 1 TSLA 05/26/2026 395/410 Bull Put Spread at $2.89 Credit
#KickTheCan #DamageControl

bikeeagle1 12:47 pm on Monday, May 18, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 18 2026 7450 Put to May 19 2026 7450 Put @ 1.00 Credit.
Rolled SPX May 18 2026 7425 Put to May 19 2026 7425 Put @ 4.25 Credit.
Rolled SPX May 18 2026 7400 Put to May 19 2026 7400 Put @ 10.55 Credit.

Jeff 11:44 am on Monday, May 18, 2026

XSP rolls 5/18/26

Rolled $XSP May 18th 740 puts to May 19th 740 puts, 1.00 credit
SwingCalendar: BTC 750 puts for 11.00, then on down move STO May 19th 750 puts for 11.50 (resulting in .50 credit)

Option Iceman 9:51 am on Monday, May 18, 2026
Tags: everylittlebithelps ( 272 ), TinyPuts ( 109 )

Monday Trades

Sold 1 BOIL 05/22/2026 16.0 Covered Call at $0.06
Sold CAG 05/22/2026 16.5 Covered Calls at $0.05
Sold KHC 05/2202026 24.5 Covered Calls at $0.02
Sold SPCE 05/22/2026 4.5 Covered Calls at $0.01
Sold TSCO 05/22/2026 32.5 Covered Calls at $0.10
Sold 1 TZA 05/22/2026 8.5 Covered Call at $0.01
#EveryLittleBitHelps

Sold 1 NCLH 05/22/2026 14.0 Put at $0.06
#TinyPuts

Happy Plan 9:01 am on Monday, May 18, 2026

QQQ

BTO Jan’27 650/550 bear put spread @ $17.35 debit
(hedging DITM Jan’28 $500 LEAPS calls)

fuzzballl 7:43 am on Monday, May 18, 2026
Tags: TakeOneForTheTeam ( 55 )

SPX

Pre-Market:

Sold SPX May 19 2026 7400.0 Puts @ 29.00
Sold SPX May 19 2026 7425.0 Puts @ 42.00

And at the open:

Rolled SPX May 18 2026 7400.0 Puts to May 19 2026 7400.0 Puts @ 10.00 credit
Rolled SPX May 18 2026 7450.0 Puts to May 19 2026 7450.0 Puts @ 8.50 credit

#TakeOneForTheTeam

Rolled SPX May 18 2026 7475.0 Put to May 19 2026 7475.0 Put @ 5.15 credit

Jeff 9:13 pm on Sunday, May 17, 2026

Earnings 5/18 – 5/22

Jeff 9:11 pm on Sunday, May 17, 2026

Econ Calendar 5/18 – 5/22

Option Iceman 11:11 am on Saturday, May 16, 2026

Weekend Market reading

https://www.cnn.com/markets/fear-and-greed
=====

Larry Fink just said something that every investor needs to hear.

“The United States is short power, short compute, short chips. There are going to be shortages in all three and memory makes four. I actually believe a new asset class will be buying futures of compute.”

Think about what that means.

The chairman of BlackRock, the largest asset manager on the planet with $11.5 trillion under management, is saying compute will trade like oil. Like grain. Like natural gas. A commodity so scarce and so structurally in demand that a derivatives market will emerge just to price the shortage.

This is not a temporary bottleneck.

AI infrastructure demand is growing at 80%+ annually while DRAM supply grows at just 16%. Advanced HBM production from Samsung, SK Hynix and Micron is sold out through 2026 and into 2027. A single AI server consumes 10 to 20 times more memory than a conventional workload server.

The chip crunch, the power crunch, and the compute crunch are structural. They will get worse before they get better.

====

Option Iceman 2:07 pm on Friday, May 15, 2026
Tags: everylittlebithelps ( 272 ), TinyPuts ( 109 )

OptionsExpiration

UVXY 45/40 Bear Call Spread

BAX 22.0 Covered Calls
BOIL 16.0 Covered Call
CAG 16.5 Covered Call
CE 70.0 Covered Call
CPB 23.5 Covered Call
CPB 24.0 Covered Call
KHC 24.0 Covered Call
KHC 24.5 Covered Call
SPCE 5.5 Covered Calls
TSCO 33.0 Covered Calls
#EveryLittleBitHelps

CLX 85.0 Put
FIS 40.0 Put
MOS 20.5 Put
#TinyPuts

ASSIGNMENTS:
None

Jeff 11:38 am on Friday, May 15, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/15/26

#FuzzyLEAPs
Rolled $XSP May 15th 750 puts to May 18th 750 puts, .50 credit
Rolled $XSP May 15th 740 puts to May 18th 750 puts, 1.55 credit

Option Iceman 9:52 am on Friday, May 15, 2026
Tags: FallingKnife ( 993 )

BSX Stock

Added a tiny bit to my BSX stock position at $52.75.
#FallingKnife

bikeeagle1 9:43 am on Friday, May 15, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 15 2026 7415 Put to May 18 2026 7400 Put @ 10.00 Credit.

Ramie 8:38 am on Friday, May 15, 2026

SPX rolls

Rolled $SPX May 15 7445 puts out to May 18 7445 puts @ 14.15 credit
Rolled $SPX May 15 7450 puts out to May 18 7450 puts @ 13.75 credit
Rolled $SPX May 15 7455 puts out to May 18 7455 puts @ 13.25 credit

Rolled $SPX May 15 7250 puts out to May 22 7310 puts @ 24.25 credit

Option Iceman 8:31 am on Friday, May 15, 2026
Tags: everylittlebithelps ( 272 )

CE Covered Call rolled Up

Bought to close another CE 05/15/2026 70.0 Covered Call at $0.05 (leaves 1 to expire today)
Sold at $0.55 on May 6th

Replaced it with 1 CE 06/18/2026 75.0 Covered Call at $0.40
#EveryLittleBitHelps

jsd501 8:04 am on Friday, May 15, 2026

TQQQ,

STO June 26, 55 puts at 1.35

fuzzballl 8:04 am on Friday, May 15, 2026

SPX

Rolled SPX May 15 2026 7400.0 Puts to May 18 2026 7400.0 Puts @ 16.00 credit
Rolled SPX May 15 2026 7450.0 Puts to May 18 2026 7450.0 Puts @ 12.00 credit
Rolled SPX May 15 2026 7475.0 Put to May 18 2026 7475.0 Put @ 8.05 credit

fuzzballl 7:56 am on Friday, May 15, 2026

SPX SET

Got lucky again with my fat finger. Rally in the last 15 minutes of pre market sent these out worthless. Downside is I can’t sell them again until Monday so wouldn’t mind seeing this selloff hold through the weekend.

Expired AM:

SPX May 15 2026 7425.0 Puts (fat finger AM expiration sold for 9.40)

SET: 7439.67 Whew!!

hcgdavis 7:24 am on Friday, May 15, 2026

Anyone interested inn trading live…

Anyone interested inn trading live this morning? If so I can send a google link. One of my old subscribers and I are trading live from about 10-12 today.

Harvesting theta decay profits first.

Just reply if interested. If not, no worries.

Option Iceman 12:37 pm on Thursday, May 14, 2026
Tags: everylittlebithelps ( 272 )

GIS Covered Call rolled

Bought to close 1 GIS 05/15/2026 37.5 Covered Call at $0.03. Sold it at $0.35
Sold 1 GIS 06/08/2026 37.5 Covered Call at $0.35 (again)
#EveryLittleBitHelps

Jeff 12:25 pm on Thursday, May 14, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/14/26

#FuzzyLEAPs I noticed this last week but for some reason failed to react to it… we’ve been in a pattern of two days massively higher than third day pullback, or at least relax. Despite this, I keep waiting until late in the day for rolling, leaving a lot of money on the table on days like today. I need to sell dailys early, not late. Of course, throwing in the towel on a relentless rally could mean it will end soon. But muy management of this strategy for the past couple months has been quite poor. My account values still stuck and won’t advance.

Ramie 12:01 pm on Thursday, May 14, 2026

SPX rolls

Rolled $SPX May 14 7350 puts out to May 15 7445 puts @ 6.35 credit
Rolled $SPX May 14 7360 puts out to May 15 7450 puts @ 7.05 credit
Rolled $SPX May 14 7365 puts out to May 15 7455 puts @ 8.10 credit

fuzzballl 10:48 am on Thursday, May 14, 2026

SPX LEAPs Warning!!

Interesting. There is some activity in these strikes today with us rolling. I was messing around with the price and couldn’t get the mid below about 33. But I knew I’d always gotten filled around 27.00 for similar rolls. Walked up the price starting at 26.00 while ignoring the mid and was filled at 27.25. Would’ve gotten robbed starting near the mid!!

Rolled Dec 2030 7400 to 7500 @ 27.25 debit

bikeeagle1 9:41 am on Thursday, May 14, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
LEAP Roll:
Rolled SPX Dec 20 2030 7400 Put up to Dec 20 2030 7500 Put @ 27.50 Debit.
Daily Rolls:
Rolled SPX May 14 2026 7390 Put to May 15 2026 7415 Put @ 8.55 Credit.
Rolled SPX May 14 2026 7370 Put to May 15 2026 7450 Put @ 7.60 Credit.
One more left to do today.

matt0311 9:26 am on Thursday, May 14, 2026

MARKET How do you prepare?…

MARKET

How do you prepare? The SPY has been above its 8 days exponential move for the last 30 trading days! Never closed below, barely touched it during the day. I can’t remember this kind of a run.

fuzzballl 8:10 am on Thursday, May 14, 2026

SPX

Bought to Close SPX May 14 2026 7350.0 Puts @ .55 (sold for 51.10)
Bought to Close SPX May 14 2026 7375.0 Puts @ .85 (sold for 63.85)
Bought to Close SPX May 14 2026 7400.0 Puts @ 1.70 (sold for 87.85)

Sold SPX May 15 2026 7400.0 Puts @ 8.55
Sold SPX May 15 2026 7425.0 Puts @ 9.35 (fat finger AM expiration)
Sold SPX May 15 2026 7450.0 Puts @ 19.70

Rolled SPX May 15 2026 7425.0 Put to May 15 2026 7475.0 Put @ 15.40 credit (89.50 total now)

Option Iceman 5:18 pm on Wednesday, May 13, 2026

TSLA and UVXY closed today

1 TSLA 05/13/2026 382.5/390 Bull Put Spread expired.
Bought to close 1 TSLA 05/13/2026 385/392.5 Bull Put Spread at $0.01

Bought to close 1 UVXY 05/15/2026 55/50 Bear Call Spread at $0.01

Jeff 1:34 pm on Wednesday, May 13, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/13/26

#FuzzyLEAPs Another nose bleed day so waiting past the morning was definitely the wrong move.
Rolled $XSP May 13th 740 puts to May 13th 740 puts, .55 credit
Rolled $XSP May 13th 735 puts to May 14th 735 puts, .20 credit

jsd501 9:50 am on Wednesday, May 13, 2026

TQQQ,

I covered my short puts at 4.25 this morning. I am just sitting since we have had such a strong rally in the last month.

fuzzballl 8:07 am on Wednesday, May 13, 2026

SPX

Straight rolls yes!!

Rolled SPX May 13 2026 7350.0 Puts to May 14 2026 7350.0 Puts @ 9.25 credit
Rolled SPX May 13 2026 7375.0 Puts to May 14 2026 7375.0 Puts @ 10.50 credit
Rolled SPX May 13 2026 7400.0 Puts to May 14 2026 7400.0 Puts @ 9.50 credit

bikeeagle1 7:38 am on Wednesday, May 13, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 13 2026 7380 Put to May 14 2026 7390 Put @ 15.00 credit
Rolled SPX May 13 2026 7370 Put to May 14 2026 7370 Put @ 10.00 credit
Rolled SPX May 13 2026 7360 Put to May 14 2026 7350 Put @ 6.75 credit

Ramie 1:30 pm on Tuesday, May 12, 2026
Tags: FuzzLEAPs

Moving LEAPs up

Rolled $SPX Dec 2030 long 7300 puts up to 7400 puts @ 32.50 debit.

All of my LEAP strikes are now at 7400 in Dec 2030.

#FuzzLEAPs

Option Iceman 12:51 pm on Tuesday, May 12, 2026
Tags: DamageControl ( 8 ), everylittlebithelps ( 272 ), OnlySpreads ( 548 ), TinyPuts ( 109 )

Tuesday trades

Sold 1 BOIL 05/15/2026 16.0 Covered Call at $0.03
#EveryLittleBitHelps

Sold 1 NCLH 05/15/2026 15.5 Put at $0.11
#TinyPuts

Bought to close 1 MRVL 05/15/2026 105/115 Bull Put Spread at $0.01
#OnlySpreads

Rolled 1 TSLA 05/13/2026 412.5/410 Bear Call Spread to 1 TSLA 05/18/2026 420/412.5 Bear Call Spread at $2.76 Credit
#DamageControl

Ramie 8:50 am on Tuesday, May 12, 2026

SPX rolls

Rolled $SPX May 12 7350 puts out to May 13 7350 puts @ 10.45 credit
Rolled $SPX May 12 7360 puts out to May 13 7360 puts @ 11.00 credit
Rolled $SPX May 12 7365 puts out to May 13 7365 puts @ 11.05 credit

Also, right before the close yesterday I rolled most of my LEAPs up to the Dec 2030 7400 strike. One position is still at 7300. I’ll roll it up if this rally continues.

Jeff 8:36 am on Tuesday, May 12, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/12/26

#FuzzyLEAPs Back in the “sweet spot” where my daily strikes are near ATM. Since we’ve been droppinng the OTM one filled first. If we go higher I’ll get a nice fill on the ITM one.

Rolled UP $XSP May 12th 730 puts to May 13th 735 puts, 1.50 credit.

bikeeagle1 8:26 am on Tuesday, May 12, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Morning:
Rolled SPX May 12 2026 7360 Put to May 13 2026 7360 Put @ 10.00
Afternoon:
Rolled SPX May 12 2026 7375 Put to May 13 2026 7370 Put @ 9.75
Rolled SPX May 12 2026 7385 Put to May 13 2026 7380 Put @ 8.25

fuzzballl 7:51 am on Tuesday, May 12, 2026
Tags: TakeOneForTheTeam ( 55 )

SPX

Straight rolls. Still holding my 7425 to see if we get a bounce. As long as I have to keep rolling it everything else is free money! #takeonefortheteam

Rolled SPX May 12 2026 7350.0 Puts to May 13 2026 7350.0 Puts @ 9.00 credit (41.90 total now)
Rolled SPX May 12 2026 7375.0 Puts to May 13 2026 7375.0 Puts @ 10.75 credit (53.40 total now)
Rolled SPX May 12 2026 7400.0 Puts to May 13 2026 7400.0 Puts @ 9.50 credit (78.40 total now)

Jeff 7:21 am on Tuesday, May 12, 2026

CPI highest since 2023

The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the highest since May 2023.

www.cnbc.com

Jeff 12:48 pm on Monday, May 11, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/11/26

#FuzzyLEAPs
Rolled $XSP May 11th 732 to May 12th 732 puts, .25 credit
Rolled UP May 11th 730 puts to May 12th 740 puts, 1.50 credit

bikeeagle1 11:18 am on Monday, May 11, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 11 2026 7325 Put to May 12 2026 7375 Put @ 7.50
Rolled SPX May 11 2026 7340 Put to May 12 2026 7385 Put @ 10.25

Option Iceman 10:24 am on Monday, May 11, 2026

CE Covered Call rolled again

Bought to close 1 CE 05/15/2026 70.0 Covered Call at $0.05
Sold at $0.55 on May 6th

Replaced it with 1 CE 06/18/2026 70.0 Covered Call at $1.10

jsd501 8:59 am on Monday, May 11, 2026

TQQQ,

STO May 15, $80 puts at 4.50

Ramie 8:52 am on Monday, May 11, 2026
Tags: FuzzyLEAPs ( 235 )

SPX rolls

Rolled $SPX May 11 7310 puts out to May 12 7350 puts @ 5.70 credit
Rolled $SPX May 11 7330 puts out to May 12 7360 puts @ 6.75 credit
Rolled $SPX May 11 7350 puts out to May 12 7365 puts @ 7.65 credit
#FuzzyLEAPs

Option Iceman 8:39 am on Monday, May 11, 2026

Markets

https://www.cnn.com/markets/fear-and-greed

bikeeagle1 8:20 am on Monday, May 11, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled LEAPs up 100 points to 7400 @ 27.50 debit.
Then:
STO SPX May 12 2026 7360 Put @ 7.00.

fuzzballl 8:15 am on Monday, May 11, 2026

SPX

Right at the open:

Rolled SPX May 11 2026 7325.0 Puts to May 12 2026 7350.0 Puts @ 8.50 credit (32.90 total now)
Rolled SPX May 11 2026 7350.0 Puts to May 12 2026 7375.0 Puts @ 13.50 credit (42.65 total now)
Rolled SPX May 11 2026 7375.0 Puts to May 12 2026 7400.0 Puts @ 20.50 credit (68.90 total now)

And Come and Get It Mr. Market!!

Rolled SPX May 11 2026 7325.0 Put to May 12 2026 7425.0 Put @ 37.70 credit (62.10 total now)

EDIT: Also:

Rolled Dec 2030 7300 to 7400 @ 27.20 debit

Option Iceman 7:52 am on Monday, May 11, 2026
Tags: everylittlebithelps ( 272 ), FallingKnife ( 993 ), OnlySpreads ( 548 ), TinyPuts ( 109 )

Monday Trades

Sold TSCO 05/15/2026 33.0 Covered Calls at $0.10 – vs stock put to me on Friday
Sold 1 WU 05/15/2026 11.0 Covered Call at $0.02
Sold SPCE 05/15/2026 5.5 Covered Calls at $0.01
#EveryLittleBitHelps

Sold 1 FIS 05/15/2026 40.0 Put at $0.17
Sold 1 MOS 05/15/2026 20.5 Put at $0.13
#TinyPuts

Sold 1 MRVL 05/22/2026 130/140 Bull Put Spread at $0.59 Credit
Sold 1 MRVL 05/29/2026 120/130 Bull Put Spread at $0.92 Credit
Sold 1 TSLA 05/13/2026 385/392.5 Bull Put Spread at $0.25 Credit
Sold 1 TSLA 05/15/2026 357.5/392.5 Bull Put Spread at $1.08 Credit

Bought to close 1 PANW 05/15/2026 130/145 Bull Put Spread at $0.01
Bought to close 1 TSLA 05/11/2026 365/375 Bull Put Spread at $0.01
#OnlySpreads

Added a tiny bit to my HRL stock position at $20.00
Added a tiny bit to my CMCSA stock position at $25.00
Added a tiny bit to my GIS stock position at $33.50
Added a tiny bit to my ABT stock position at $82.00
#FallingKnife

Jeff 9:47 am on Sunday, May 10, 2026

Earnings 5/11 – 5/15

Jeff 9:46 am on Sunday, May 10, 2026

Econ Calendar 5/11 – 5/15

Option Iceman 6:34 am on Saturday, May 9, 2026

Weekend reading from x.com

Look, I know none of this stuff matters anymore. But my G*d.

This will be the 4th time the S&P 500
$SPY
has hit a record high while 5% of its members fall to 52-week lows.

1. July 1929
2. January 1973
3. December 1999
4. Today

Right before the 2000 dot-com crash, the S&P rallied 12% to reclaim its previous highs… Those who went max long because “the internet is the future” were right, but still lost 50% over the next 2 years.

And the crash wasn’t linear.

To make sure every last bull stayed in (and then got wiped out), we had 3 separate 20% bear market rallies… Only after everyone was fully shaken out did we bottom in 2002.

It then took ~14 years just to break even on a nominal basis… And by that point, most were too scarred to fully participate in the next bull run.

Option Iceman 1:56 pm on Friday, May 8, 2026
Tags: everylittlebithelps ( 272 ), TinyPuts ( 109 )

OptionsExpiration

MRVL 134/141 Bull Put Spread
UVXY 43/41 Bear Call Spread

BOIL 16.0 Covered Call
SPCE 5.0 Covered Calls
TZA 8.5 Covered Calls
#EveryLittleBitHelps

CAG 13.5 Put
#TinyPuts

ASSIGNMENTS:
HPQ 21.0 Covered Calls
KHC 23.5 Covered Call

TSCO 32.5 Put – will sell covered call next week
TSCO 32.0 Put- will sell covered call next week

Option Iceman 12:49 pm on Friday, May 8, 2026

WDAY BSX Rolls

Rolled 1 WDAY 05/08/2026 111/126 Bull Put Spread to 1 WDAY 05/15/2026 113/125 Bull Put Spread at $1.50 Credit
Rolled 1 WDAY 05/08/2026 115/125 Bull Put Spread to 1 WDAY 05/15/2026 115/124 Bull Put Spread at $0.93 Credit
Tightened up both spreads for lower margin impact while still getting decent cash flow

Rolled 1 BSX 05/08/2026 52/55 Bull Put Spread to 1 BSX 05/15/2026 52/55 Bull Put Spread at $0.30 Credit

Option Iceman 11:34 am on Friday, May 8, 2026

Falling Knife Stocks

Not everything is going up

Added a tiny bit of TSCO stock at $30.96
Added a tiny bit of BSX stock at $54.98
Added a tiny bit of ABT stock at $85.00

Added a tiny bit to a large CE position at 56.57.
This after taking some gains on a small part of the position in April at $68.17 and getting some decent premiums on March covered Calls

Jeff 11:13 am on Friday, May 8, 2026
Tags: FuzzyLEAPs ( 235 )

XSL rolls 5/8/26

#FuzzyLEAPs
Rolled $XSP May 8th 732 puts to May 11th 732 puts, .69 credit
Rolled $XSP May 8th 730 puts to May 11th 730 puts, .51 credit

fuzzballl 10:30 am on Friday, May 8, 2026

SPX

Rolled SPX May 08 2026 7325.0 Puts to May 11 2026 7325.0 Puts @ 8.25 credit (24.45 total now)
Rolled SPX May 08 2026 7325.0 Puts to May 11 2026 7350.0 Puts @ 13.00 credit (29.20 total now)
Rolled SPX May 08 2026 7375.0 Puts to May 11 2026 7375.0 Puts @ 14.00 credit (48.45 total now)

bikeeagle1 8:44 am on Friday, May 8, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Breakfast roll:
Rolled SPX May 8 2026 7325 Put to May 11 2026 7325 Put @ 8.00.

hcgdavis 8:43 am on Friday, May 8, 2026

Nuts/bonkers (insert your own description…

Nuts/bonkers (insert your own description of the market here)!!

I had a 500 point range on the SPX that I could make money on last Friday for a 14 day trade. I have adjusted twice and may need another adjustment today.
Having traded the market almost every day since 2004 I would place a large wager that the money piling in at the top is not the “smart money”. But still have to trade what the market is giving us and right now that is everyone left on the sidelines wants to buy the market.

Trade smarter! Chris

Option Iceman 7:31 am on Friday, May 8, 2026

MRVL TSLA WDAY Spreads closed

Bought to close 1 MRVL 05/08/2026 133/140 Bull Put Spread at $0.01
Bought to close 1 TSLA 05/08/2026 350/362.5 Bull Put Spread at $0.01
Bought to close 1 WDAY 05/08/2026 149/133 Bear Call Spread at $0.01

Jeff 7:26 am on Friday, May 8, 2026
Tags: Jobs ( 136 )

April Jobs Report

#Jobs — Much higher than expected again; UE holds.

Gain of +115,000 non-farm payroll jobs, vs. expected gain of 55K
Unemployment unchanged at 4.3%
U6 unemployment 8.2%, up by 0.2
Labor force participation down 0.1 to 61.8%
Average hourly earnings up by 0.2%; +3.6% Y/Y

March jobs revised up by +7K to +185K
February jobs revised down by -23K to -156K

Jeff 2:14 pm on Thursday, May 7, 2026
Tags: FuzzyLEAPs ( 235 )

XSP rolls 5/7/26

#fuzzyleaps
Rolled $XSP May 7th 732 puts to May 8th 732 puts, 1.01 credit
Rolled UP May 7th 725 puts to May 8th 730 puts, 1.00 credit

bikeeagle1 11:17 am on Thursday, May 7, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
I split up today’s BUPS:
Rolled SPX May 7 2026 7350 Put to May 8 2026 7340 Put @ 10.00 Credit.
STC SPX May 7 2026 7340 (Long) Put for 6.00 Credit.

Hawk 10:41 am on Thursday, May 7, 2026

SPX

Rolled SPX Oct 2026 7000 put to Dec 7100 put @79.1

buying two more months, and the new strike is around 21 day ema.
Before this, I had rolled multiple times in the last 3 months, first from 7000 to 6800 and then 6500, recently in April back up from 6500 to 6800 then 7000.

The premium from the short legs hasn’t been enough to offset the loss on the long leg. In April, my account gave back 1/3 of the profit made this year (up 85% by end of March), largely due to the crazy run up, partly due to that I didn’t have time to mange the rolling each day and had to roll out multiple days often.

Still feel there is enough time to make it back before year end.

bikeeagle1 9:11 am on Thursday, May 7, 2026
Tags: FuzzyLEAPs ( 235 )

SPX

#fuzzyleaps
Rolled SPX May 7 2026 7300 Put to May 8 2026 7325 Put @ 6.75.
Rolled SPX May 7 2026 7275 Put to May 8 2026 7300 Put @ 5.00.
Not much butter on the rolls today.