Sold these last week and they’re getting demolished. But…they’ve enticed Mr. Market to come up to my SPX puts that were sold against the LEAPS which is where my big premium is sitting.

Sold SPX Jan 31 2025 5995/6000 Bear Call Spreads @ 1.25

So:

Sold SPX Jan 31 2025 6000/5995 Bull Put Spreads @ .75

6 contracts so max loss is $1800 locked in even if we tank. Agressive SPY puts sold reduce this to 800. Roll up of SPX put sales against LEAPS brings in waaaay more so all good. See where we end up next Friday to manage all this.

Hindsight:

Had I known about the impending rally I would have just sat on my hands. LOL

Wanting to add lower but just not getting weak enough. See if I can get Mr. Market to come on down!

Sold TLT Mar 21 2025 87.0 Put @ 2.10

Sold against the LEAPS position.

Rolled SPX Jan 31 2025 6025.0 Puts to Jan 31 2025 6035.0 Puts @ 2.25 credit (43.75 total now)
Rolled SPX Jan 31 2025 6025.0 Put to Jan 31 2025 6035.0 Puts @ 2.25 credit (40.60 total now)