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
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
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
#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
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)
#fuzzyleaps
Breakfast roll:
Rolled SPX May 8 2026 7325 Put to May 11 2026 7325 Put @ 8.00.
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
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
#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
#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
#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.
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.
#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.
Rolled $SPX May 7 7250 puts out to May 8 7310 puts @ 6.75 credit
Rolled $SPX May 7 7260 puts out to May 8 7320 puts @ 7.65 credit
Rolled $SPX May 7 7270 puts out to May 8 7330 puts @ 9.10 credit
All my LEAPs are now at the Dec 2030 7200 strike with the exception of one position at 7300.
Bought to close 1 PANW 05/08/2026 157.5/165 Bull Put Spread at $0.01
Rolled SPX May 07 2026 7275.0 Puts to May 08 2026 7325.0 Puts @ 10.50 credit (16.20 total now)
And TOFTT:
Rolled SPX May 07 2026 7300.0 Puts to May 08 2026 7375.0 Puts @ 25.00 credit (34.35 total now)
Bought to close 1 TSLA 05/06/2026 360/370 Bull Put Spread at $0.00
Bought to close 1 TSLA 05/06/2026 357.5/367.5 Bull Put Spread at $0.00 (yep, those are the right prices)
Sold 1 TSLA 05/11/2026 365/375 Bull Put Spread at $0.42 Credit
How long ago did some market commentator predict that the DJIA average would reach 50,000.
Well it finally happened today 🙂
#FuzzyLEAPs No relief, gotta keep rolling up. I have noticed my account values have not moved up for two months now. This is in contrast to the first 4 months of this strategy, which saw steady profits. So what happened? The war correction, obviously, but what about my management of the trades stopped the profits? I was able to roll almost every day for a CREDIT the whole time, so I’m betting it was the roll DOWNs of both LEAP spreads and daily puts. It deprived me of some the profit I should have reaped when the recovery happened. I need to examine what happened and come up with a better approach for next time. Any feedback is also welcome.
Rolled $XSP May 6th 725 puts to May 7th 725 puts, .16 credit
Rolled UP May 6th 720 puts to May 7th 732 puts, .74 credit
Also rolled up 685 LEAPs to 730. My LEAPs are now at 710, 720, and 730.
A dip! 🙂 🙂
Bought to Close SPX May 06 2026 7225.0 Puts @ .25 (sold for 9.35)
Bought to Close SPX May 06 2026 7250.0 Puts @ .35 (sold for 15.60)
Bought to Close SPX May 06 2026 7275.0 Puts @ .70 (sold for 51.00)
Sold SPX May 07 2026 7275.0 Puts @ 5.75
Sold SPX May 07 2026 7300.0 Puts @ 9.45
And:
Rolled Dec 2030 7200.0 Puts to Dec 2030 7300.0 Puts @ 27.00 debit
Note:
This is some of the lowest premium I’ve received in quite awhile. Still, based on today’s numbers I could roll up every 4 days just on premium received without dipping into standby cash. Something else to keep in mind….factor in the cash you’re still receiving every day in times like this to help with rolls.
I am curios if you have a plan for dealing with the roll up of the LEAPs.
Apparently SPX is going to 7800 and it would be easy to run out of cash for the rolls. 🙂
Sold 1 TSLA 05/08/2026 350/362.5 Bull Put Spread at $0.36 Credit
Bought 1 TSLA 05/11/2026 417.5 Call and Sold 1 TSLA 05/08/2026 410.0 Call at $0.43 Diagonal Credit
Bought 1 UVXY 05/15/2026 30.0 Put and Sold 1 UVXY 05/08/2026 34.5 Put at $0.14 Diagonal Credit
Bought to close CE 05/15/2026 80.0 Covered Calls at $0.05. Originally sold for $1.21 on 04/13
Replaced them with CE 05/15/2026 70.0 Covered Calls at $0.55
#DoubleDip
#fuzzyleaps
Morning trade:
Rolled SPX Dec 20 2030 7200 LEAPs up to 7300 strike @ 27.00 debit.
STO SPX May 7 2026 7275 Put @ 10.40.
Clearly the market can be irrational for much longer than anyone ever thinks………
More adjustments and I will still make money but it takes longer to get paid with adjustments.
Would not recommend shorting the market here, but at some point the snap in the other direction could be violent, be prepared.
Sold 1 UVXY 05/15/2026 49/44 Bear Call Spread at $0.25 Credit
#FuzzyLEAPs Very few good days for OTM puts. Just keep rolling higher.
Rolled $XSP May 5th 720 puts to May 6th 720 puts, .34 credit
Rolled UP May 5th 714 puts to May 6th 725 puts, 1.07 credit.
Bought to Close SPX May 05 2026 7200.0 Puts @ .55 (sold for 23.60)
Bought to Close SPX May 05 2026 7225.0 Put @ 1.20 (sold for 21.10)
Sold SPX May 06 2026 7225.0 Puts @ 9.35
Sold SPX May 06 2026 7250.0 Puts @ 15.60
Rolled SPX May 05 2026 7275.0 Puts to May 06 2026 7275.0 Puts @ 6.00 credit (51.00 total now)
#fuzzyleaps
Lunch roll:
Rolled SPX May 5 2026 7225 Put to May 6 2026 7250 Put @ 12.00.
I might skip the dinner roll today and leave one LEAP uncovered. I don’t want to get too fat. Rolls with every meal is a lot of carbs.
May monthly:
STO 7375/7380 BeCS
BTO 7100/7050 BePS
Net Debit 5.00
Bought to close 1 MRVL 05/08/2026 120/125 Bull put Spread at $0.01
Rolled 1 MRVL 05/08/2026 172.5/162.5 Bear Call Spread at 1 MRVL 05/29/2026 185/170 Bear Call Spread at $0.50 Credit
#DamageControl
Rolled $SPX May 5 7210 puts out to May 6 7215 puts @ 6.85 credit
Rolled $SPX May 5 7200 puts out to May 6 7210 puts @ 6.70 credit
Rolled $SPX May 5 7195 puts out to May 6 7205 puts @ 6.35 credit
#FuzzyLEAPs
Added a tiny bit of BSX stock at $56.00
Added a tiny bit of CAG stock at $13.69
Added a tiny bit of CLX stock at $85.00
Added a tiny bit of GIS stock at $34.00
Added a tiny bit of TSCO stock at $32.00
#FallingKnife
#fuzzyleaps
Morning roll:
Rolled SPX May 5 2026 7225 Put to May 6 2026 7225 Put @ 9.00.
#FuzzyLEAPs Filled on the way
D
O
W
N
Rolled $XSP May 4th 720 puts to May 5th 720 puts, 1.00 credit
Rolled $XSP May 4th 714 puts to May 5th 714 puts, .50 credit
Rolled $SPX May 4 7195 puts out to May 5 7195 puts @ 11.80 credit
Rolled $SPX May 4 7200 puts out to May 5 7200 puts @ 11.70 credit
Rolled $SPX May 4 7210 puts out to May 5 7210 puts @ 11.10 credit
Straight Roll:
Rolled SPX May 04 2026 7200.0 Puts to May 05 2026 7200.0 Puts @ 10.00 credit (23.60 total now)
Keeping the lid on:
Rolled SPX May 04 2026 7275.0 Puts to May 05 2026 7275.0 Puts @ 4.00 credit (45.00 total now)
Adding One:
Bought SPX Dec 2030 7200.0 Put @ 740.00
Sold SPX May 05 2026 7225.0 Put @ 21.10
Sold 1 WDAY 05/08/2026 142/135 Bear Call Spread at $0.87 Credit
Sold 1 MRVL 05/08/2026 133/141 Bull Put Spread at $0.22 Credit
Sold 1 MRVL 05/08/2026 134/140 Bull Put Spread at $0.23 Credit
Sold 1 UVXY 05/08/2026 43/41 Bear Call Spread at $0.22 Credit
Sold 1 TSLA 05/06/2026 360/370 Bull Put Spread at $0.38 Credit
Sold 1 TSLA 05/06/2026 357.5/367.5 Bull Put Spread at $0.27 Credit
#OnlySpreads
Sold 1 TSCO 05/08/2026 32.5 Put at $0.25
Sold 1 TSCO 05/08/2026 32.0 Put at $0.20
Sold 1 CLX 05/15/2026 85.0 Put at $1.20
#TinyPuts
Sold HPQ 05/08/2026 21.0 Covered Calls at $0.45
Sold 1 KHC 05/08/2026 23.5 Covered Call at $0.10
Sold KHC 05/08/2026 24.0 Covered Calls at $0.03
Sold 1 BOIL 05/08/2026 16.0 Covered Call at $0.07
Sold TZA 05/08/2026 8.5 Covered Calls at $0.01
#EveryLittleBitHelps
Added a tiny bit of ABT stock at $89.00
Added a tiny bit of AMCR stock at $37.00
Added a tiny bit of CAG stock at $13.85
Added a tiny bit of TAP stock at $41.00
Added a tiny bit of TSCO stock at $32.40
#FallingKnife
#fuzzyleaps
Since my short puts are all ATM, I’m going to try to spread the rolls out during the day, and possibly to different strikes if possible.
Morning roll:
Rolled SPX May 4 2026 7225 Put to May 5 2026 7225 Put @ 10.25.
Bought tiny bits of TSCO at $34.00 and $33.71
Added a bit more CLX at $86.79 in a couple of accounts
#FallingKnife
EXPIRED:
META 810/800 Bear Call Spread
MRVL 130/140 Bull Put Spreads
UVXY 52.5/48 Bear Call Spread
UVXY 55/50 Bear Call Spread
#OnlySpreads
CAG 13.0 Put
IP 29.0 Puts
MOS 23.0 Put
MSTX 20.0 Put
NCLH 16.5 Put
NCLH 16.0 Put
NCLH 15.5 Put
#TinyPuts
BAX 22.0 Covered Calls
BOIL 16.0 Covered Call
CAG 17.0 Covered Call
CPB 24.0 Covered Calls
HPQ 21.0 Covered Calls
KHC 23.0 Covered Call
KHC 24.0 Covered Call
MSTX1 5.0 Covered Call
#EveryLittleBitHelps
ASSIGNMENTS:
1 TSCO 35.5 Put
Bought $SPX Dec 20 2030 7200 puts @ 736.90
Sold $SPX May 8 7130 puts outside the expected move @ 17.50
#FuzzyLEAPs
#fuzzyleaps
LEAPs Roll:
Rolled SPX Dec 30 2030 7100 Puts to Dec 30 2030 7200 Puts @ 26.85 Debit.
Daily Roll:
Rolled SPX May 1 2026 7100 Puts to May 4 2026 7225 Puts @ 9.30.
Should have waited, but I rolled earlier expecting another straight up day.
Kicking the can to next week
Rolled 1 TSLA 05/01/2026 402.50/390 Bear Call Spread to 1 TSLA 05/082026 402.50/390 Bear Call Spread at $1.02 Credit
#DamageControl
Rolled $SPX May 1 7095 puts out to May 4 7195 puts @ 7.15 credit
Rolled $SPX May 1 7100 puts out to May 4 7200 puts @ 8.25 credit
Rolled $SPX May 1 7150 puts out to May 4 7210 puts @ 9.25 credit
#FuzzyLEAPs
#FuzzyLEAPs Relentless upside continues so I keep rolling higher.
Rolled $XSP May 1st 714 puts to May 4th puts, .32 credit
Rolled UP May 1st 712 puts to May 4th 720 puts, .90 credit
Bought to close 1 TSLA 05/01/2026 307.5/320 Bull Put Spread at $0.01
Bought to close 1 TSLA 05/01/2026 342.5/352.5 Bull Put Spread at $0.01
Bought to close 1 MRVL 05/01/2026 175/172.5 Bear Call Spread at $0.01
Bought to close 1 WDAY 05/01/2026 145/142 Bear Call Spread at $0.01
I mean WTAF?
I thought Buffet’s comments the other day that the stock market is more like a casino than an investment would at least temper a few people. But no, it’s expensive so it must be good so let’s buy it.
I can still make money but having to adjust everything which means it takes longer to get my money. But I have learned a lot of patience from trading options for 22 years now 🙂
EDIT: Changed everything to closing orders today and new sales for Monday
Crazy.
Bought to Close SPX May 01 2026 7100.0 Puts @ .25 (sold for 52.35)
Bought to Close SPX May 01 2026 7175.0 Puts @ 1.05 (sold for 12.25)
Bought to Close SPX May 01 2026 7200.0 Puts @ 2.35 (sold for 19.85)
Sold SPX May 04 2026 7200.0 Puts @ 13.20 and 13.95
And I hope I’m rolling these down for the next 3 years. 🙂 🙂 🙂
Sold SPX May 04 2026 7275.0 Puts @ 41.00
And finally:
Rolled Dec 2030 7100.0 Puts to Dec 2030 7200.0 Puts @ 26.75 debit
#FuzzyLEAPs An awful day to delay rolling… I seem to get this wrong on a majority of days and can’t find a way to make it better
Rolled $XSP Apr 30th 712 puts to May 1st 712 puts, .23 credit
Rolled UP Apr 30th 710 puts to May 1st 714 puts, .37 credit
Also rolled up some LEAPs from 675 level to 720 level, 14.34 debit for that roll. Now my leaps are at 720, 710, and 685.
Rolled on the opening dip. Now already over 80 percent of max profitable. Unreal. I’m wondering if when the day trading rules go away will I be able to roll this up in the same day….
Rolled SPX Apr 30 2026 7100.0 Puts to May 01 2026 7100.0 Puts @ 11.30 credit (52.35 total now)
Never got a chance to get good rolls on these.
Bought to Close SPX Apr 30 2026 7125.0 Puts @ .20 (sold for 66.70)
Bought to Close SPX Apr 30 2026 7150.0 Puts @ .30 (sold for 51.00)
And:
Sold SPX May 01 2026 7175.0 Puts @ 12.20
Sold SPX May 01 2026 7200.0 Puts @ 19.80
I’ll be looking to roll up LEAPs tomorrow if 7200 holds.
Bought to close 1 WDAY 05/01/2026 144/140 Bear Call Spread at $0.01
Sold to open 1 WDAY 05/01/2026 110/116 Bull Put Spread at $0.45 Credit
#fuzzyleaps
Rolled SPX Apr 30 2026 7075 Put to May 1 2026 7100 Put @ 9.30.
Rolled SPX Apr 30 2026 7050 Put to May 1 2026 7100 Put @ 10.00.
Rolled SPX Apr 30 2026 7025 Put to May 1 2026 7100 Put @ 10.10.
Bought to close 1 PANW 05/01/2026 195/190 Bear Call Spread at $0.01
Sold to open 1 PANW 160/165 Bull Put Spread at $0.19 Credit
Bought to close 1 CMG 05/01/2026 29.5 Put at $0.01
Sold on Monday at $0.25
Replaced it with 1 IP 05/01/29.0 Put at $0.10
#EveryLittleBitHelps
Rolled $SPX Apr 30 7095 puts out to May 1 7095 puts @ 9.55 credit
Rolled $SPX Apr 30 7100 puts out to May 1 7100 puts @ 10.30 credit
Rolled $SPX Apr 30 7150 puts out to May 1 7150 puts @ 10.85 credit
#FuzzyLEAPs
Just to have them if I need them.
Bought to Open SPY Jun 18 2026 400.0 Puts @ .13
Started a tiny position in IP at $32.00 in the pre-market and added to it after the open at $31.00 and $30.00
I had previously dumped a tiny position in IP at $42.42 in early January
#FallingKnife
Sold 1 UVXY 05/15/2025 55/50 Bear Call Spread at $0.23 Credit
With oil at $150, that cannot be good for the market so I closed all my positions and am 100% in cash again. I am still having a good year.
Bought to close 1 TSLA 04/29/2026 410/402.5 Bear Call Spread at $0.01
Bought to close 1 TSLA 04/29/2026 400/387.5 Bear Call Spread at $0.00
Replaced both those with 1 TSLA 05/01/2026 342.5/352.5 Bull Put Spread at $0.22 Credit
Straight rolls.
Rolled SPX Apr 29 2026 7100.0 Puts to Apr 30 2026 7100.0 Puts @ 20.10 credit (41.10 total now)
Rolled SPX Apr 29 2026 7125.0 Puts to Apr 30 2026 7125.0 Puts @ 23.00 credit (66.70 total now
Rolled SPX Apr 29 2026 7150.0 Puts to Apr 30 2026 7150.0 Puts @ 20.00 credit (51.00 total now)
Sold 1 NCLH 05/01/2026 16.0 Put at $0.06
Sold 1 NCLH 05/01/2026 16.5 Put at $0.13
Sold CPB 05/01/2026 24.0 Covered Calls at $0.02
Sold 1 KHC 05/01/2026 23.0 Covered Call at $0.08
#EveryLittleBitHelps
Started a tiny new CLX position in another account at $93.59
#Earnings tomorrow
Started a tiny new BBY position in another account at $58.40
Started a tiny new BSX position in another account at $56.93
#FallingKnife
Sold 1 BSX 05/01/2026 52/55 Bull Put Spread at $0.19 Credit
Sold 1 DOW 05/01/2026 43/40.5 Bear Call Spread at $0.34 Credit
Bought to close 1 TSLA 04/29/2026 317.5/330 Bull Put Spread at $0.01
#fuzzyleaps
Rolled SPX Apr 29 2026 7100 Put to Apr 30 2026 7075 Put @ 11.55.
Rolled SPX Apr 29 2026 7075 Put to Apr 30 2026 7050 Put @ 10.00.
STO SPX Apr 30 2026 7025 Put @ 10.20.
#FuzzyLEAPs Ending my day early, thanks to the Fed for high premiums.
Rolled $XSP Apr 29th 712 puts to Apr 30th 712 puts, 2.10 credit
Rolled $XSP Apr 29th 710 puts to Apr 30th 710 puts, 2.00 credit
SPX
#fuzzyleaps
With the FED Decision pending, will you wait to roll?
#fuzzyleaps
I was out earlier. Did the rolls in the last hour.
Rolled SPX Apr 28 2026 7125 Put to Apr 29 2026 7100 Put @ 8.00.
Rolled SPX Apr 28 2026 7100 Put to Apr 29 2026 7075 Put @ 4.40.
Re-established my BSX stock position at $58.91
Exited my tiny position in BSX at $66.20 just last week
#FallingKnife
Added a tiny bit to my CLX position at $96.00 (below the prior 52 week low)
Replacing stock I sold on 02/11 at $123.23 and $126.26
#FallingKnife
Sold 1 BSX 05/01/2026 56/58 Bull Put Spread at $0.40 Credit
Straight rolls.
Rolled SPX Apr 28 2026 7100.0 Puts to Apr 29 2026 7100.0 Puts @ 12.00 credit (21.00 total now)
Rolled SPX Apr 28 2026 7125.0 Puts to Apr 29 2026 7125.0 Puts @ 13.00 credit (43.70 total now
Rolled SPX Apr 28 2026 7150.0 Puts to Apr 29 2026 7150.0 Puts @ 12.00 credit (31.00 total now)
#FuzzyLEAPs No waiting today
Rolled $XSP Apr 28th 712 puts to Apr 29th 712 puts, 1.40 credit
Rolled $XSP Apr 28th 710 puts to Apr 29th 710 puts, 1.20 credit
Options Bistro 