SPX

Closing this in another account. This is how you imagine these going in a perfect world (sideways choppy). LOL Opened on Nov 26 2024. Market is only 35 points higher now.

LEAPS made money while collecting daily premium.

Sold to Close SPX Dec 2029 6000/6000/6400 Synthetic Short Stock @ 318.0 credit (bought for 305.0)

Bought to Close SPX Feb 10 2025 6035.0 Put @ 2.45 (sold for 59.25)

So:

LEAPS gain: 13.00
Current short put gain: 56.80
Previous premium received: 68.05

Net gain: 137.85

EDIT: More data collected now. In a straight up market these average about 50 cents on a dollar profit of premium collected. In a near perfect world as we see here it’s over a dollar of profit per dollar collected. Overall in a wide variety of positions looking at around 70 cents on a dollar.