Sold the last tiny bit of CLX after hours at $132.22
Bought on 6/26 at $119.00
#FormerFallingKnife
Monthly Archives: July 2025
SPX
#spxcampaign
SOLD SPX 7 AUG 2025 6125/6120 PUT @.25
SPX
Down to the wire today.
Rolled SPX Jul 31 2025 6350.0 Puts to Aug 01 2025 6350.0 Puts @ 18.00 credit (46.90 total now)
Rolled SPX Jul 31 2025 6360.0 Puts to Aug 01 2025 6360.0 Puts @ 17.00 credit (48.20 total now)
DOW Put
Sold 1 DOW Aug 01 2025 22.5 Put at $0.14
#TinyPuts
Thursday stocks
Bought a tiny bit of BAX at $22.50
Bought a tiny bit of DOW at $23.00
Bought a tiny bit of GIS at $48.75
Bought a tiny bit of UPS at $86.00
#SP500 #FallingKnife
SPX
Just throwing this out there for a little extra kicker if we get a little selloff. Also lets me get slightly more aggressive on daily put sales.
Bought SPX Sep 19 2025 6000/5950 Bear Put Spreads @ 4.30
SPX/BOIL/AXP/SOXL/ETHA
BTC SPX 1 AUG 25 6215/6210 PUT @.05
BTC SPX 1 AUG 25 6195/6190 PUT @.05
—
#bearcallspreads
STO VERTICAL BOIL-8 AUG 2025 64/65 CALL @.29
#shortputs
STO AXP 8 AUG 2025 282.5/280 PUT @.10
STO ETHA 8 AUG 2025 24 PUT @.12
#rolling
SOXL roll/1 AUG 2025 25 CALL//to-8 AUG 25-call/ @.67credit(2.96colected-so-far)
TQQQ,
BTO September 19, 87 calls at 9.20
TQQQ,
STO September 19, $95 puts at 7.75
SPX
Rolling on the bounce. Holding the rest for now.
Rolled SPX Jul 31 2025 6425.0 Put to Aug 01 2025 6410.0 Put @ 2.50 credit (35.50 total now)
SPX 0-dte trades for 7/31/25
#SPX0dte Sold to Open 6335/6355-6470/6490 condors for 1.10, IV 19.75%, IB deltas -.07 +.06
SPX
More high IV tomorrow.
Rolled SPX Jul 30 2025 6350.0 Puts to Jul 31 2025 6350.0 Puts @ 17.00 credit (28.90 total now)
Rolled SPX Jul 30 2025 6360.0 Puts to Jul 31 2025 6360.0 Puts @ 15.50 credit (31.20 total now)
Rolled SPX Jul 30 2025 6425.0 Put to Jul 31 2025 6425.0 Put @ 2.00 credit (33.0 total now)
SOXL
#shortputs
SOLD SOXL 1 AUG 2025 24 PUT @.16
Wednesday trades
Sold 1 TZA Aug 01 2025 11.5 Covered Call at $0.06
Rolled 1 TZA Aug 01 2025 12.5 Covered Call to 1 TZA Aug 01 2025 11.0 Covered Call at $0.19 Credit
Rolled SPCE Aug 01 2025 5.0 Covered Calls to SPCE Aug 08 2025 5.0 Covered Calls at $0.12 Credit
#EveryLittleBitHelps
SPX 0-dte trades for 5/30/24
#SPX0dte Sold to Open $SPX July 30th 6285/6305-6430/6450 condors for 1.20, IV 21.43%, deltas -.07 +.06
Surprises are not expected from the Fed announcement, but increased IV giving a better width on the condor.
SPX
Recording most of these as rolls since I’m splitting some positions up and selling one in the money. Really a perfect day. Market down slightly but still above all my short strikes with increasing IV tomorrow.
Bought to Close SPX Jul 29 2025 6350.0 Put @ .20 (sold for 3.40)
Rolled SPX Jul 29 2025 6350.0 Puts to Jul 30 2025 6350.0 Puts @ 8.50 credit (11.90 total now)
Rolled SPX Jul 29 2025 6360.0 Puts to Jul 30 2025 6360.0 Puts @ 11.25 credit (15.70 total now)
This might put a lid on some of this nonsense. 🙂 🙂
Sold SPX Jul 30 2025 6425.0 Put @ 31.00 (sold too early!)
TQQQ,
BTC august 1, 95 calls and sold my position in the TQQQ. I am now again in cash. We have a lot of things coming out this week and I can always buy them back.
SOXL/SPX
#shortputs
SOLD SOXL 1 AUG 25 24.5 PUT @.32
SOLD SOXL 1 AUG 25 25 PUT @.42
—
#spxcampaign
SOLD VERTICAL SPX 4 AUG 25 6205/6200 PUT @.25
SOLD VERTICAL SPX 1 AUG 25 6240/6235 PUT @.30
SOLD VERTICAL SPX 4 AUG 25 6215/6210 PUT @.25
SOLD VERTICAL SPX 1 AUG 25 6215/6210 PUT @.25
SOLD VERTICAL SPX 4 AUG 25 6225/6220 PUT @.25
SOLD VERTICAL SPX 1 AUG 25 6245/6240 PUT @.25
Tuesday trades
Sold 1 CMCSA Aug 01 2025 30 Put at $0.06
Sold 1 VFC Aug 01 2025 10 Put at $0.08
#TinyPuts
Sold 1 HAL Aug 01 2025 24.5 Covered Call at $0.02
#EveryLittleBitHelps
Markets
https://www.cnn.com/markets/fear-and-greed
SPX 0-dte trades for 7/29/25
#SPX0dte Sold to Open $SPX July 29th 6345/6365-6435/6455 condors for 1.10, IV 13.20%, IB deltas -.09 +.06
SPX…how’s it going?
Finally a few minutes to catch up on things.
Once in awhile I’ll play a game called “Close All SPX…what if?” 🙂 🙂 I’ll use mid prices from TOS since they are the most accurate and calculate where this big experiment stands if I were to shut it down right now. With the big rally I’m definitely wondering where I stand since I’m holding LEAP short positions and selling daily puts against them.
Started this in Feb 2024 with one position and have gradually added size up to almost my full position. Goal is 10 total and sitting at 8 now but only selling against 6. Keeping 2 uncovered for downside hedging. Learned my lesson on that in April. Was about to uncover a couple of them but got caught in the selloff before I could. Was stuck for a few months again with no put selling and just waiting.
Here goes the quick summary in SPX points:
Losses on LEAPS: 348.85
Total premium received: 1973.25
Net gain: 1624.40
That’s 82 cents on each dollar becoming profit. Better than the 75 cents I was hoping for.
Lessons learned (so far)
1. Crazy up market not helping but great profits still possible.
2. A flat unchanged day profits go straight to the bottom line (yay!)
3. Not leaving a couple LEAPS uncovered was a big mistake. Could have really taken advantage of the giant VIX spike if I had any puts to sell.
4. Leaving a couple uncovered and giving up short term gains would be well worth it.
5. Continue monitoring margin requirements watching the distance between the put sold and the long LEAP put it’s sold against. Don’t be afraid to roll up the LEAPS if this gap becomes too wide.
6. Once I reach max position size the sky’s the limit.
I still look at this like owning rental property. Not all rent income is profit. You sometimes have to do some maintenance (roll up LEAPS) and sometimes you will have vacant units that bring nothing in temporarily (massive selloff with SPX backwardation). But overall everything turns a nice profit over time.
SPX
#spxcampaign
SOLD VERTICAL SPX 1 AUG 25 6195/6190 PUT @.15
SPX
Premiums get a little juicier Wed Thu Fri. Just taking what I can get tomorrow.
Bought to Close SPX Jul 28 2025 6310.0 Puts @ .30 (sold for 6.30)
Bought to Close SPX Jul 28 2025 6330.0 Puts @ .45 (sold for 9.00)
Sold SPX Jul 29 2025 6350.0 Puts @ 3.40
Sold SPX Jul 29 2025 6360.0 Puts @ 4.45
Monday trades
Sold 1 CZR Aug 01 2025 26 Put at $0.08
Sold 1 PCG Aug 01 2025 13 Put at $0.08
Sold 1 BAX Aug 01 2025 26 Put at $0.10
Sold 1 BMY Aug 01 2025 44 Put at $0.12
Sold 1 AAP Aug 01 2025 51 Put at $0.14
#TinyPuts
Sold 1 VFC Aug 01 2025 14.5 Covered Call at $0.25
Sold 1 VFC Aug 01 2025 15 Covered Call at $0.24
Sold SPCE Aug 01 2025 5.0 Covered Calls at $0.10
#EveryLittleBitHelps
SPX 0-dte trades for 7/28/25
#SPX0dte #riskreversal
Sold to Open $SPX July 28th 6360/6340 put spreads, delta -.08
Bought to Open 6440/6460 call spreads, delta +.04
Net CREDIT 0.15
IV 13.76%
After five straight positive gains and the potential for a TACO trade as August 1st tariffs loom, I am going for a bullish Risk/Reversal. Additionally, futures have come down 20 points and that lately has meant a rising SPX in trading hours.
Earnings 7/28 – 8/1
Econ Calendar 7/28 – 8/1
SOXL/MSTY
#optionsexpiration
SOXL/PUT/19.50
SOXL/PUT/20
SOXL/PUT/20.5
SOXL/PUT/21
SOXL/PUT/22.50
SOXL/PUT/23
SOXL/PUT/23.5
SOXL/PUT/24
–
MSTY
#assignment
MSTY/PUT/21.00-maybe
MSTY/PUT/21.50
MSTY/PUT/22
Looking/to/pick/up#2dividend/this/month/then/sell/covered/call
SOXL
#rolling
roll SOXL -JUL 2025 25 CALL/to-1 AUG 2025-25-call/ @.86(so-far-$4.03+)
Interesting Morning @ Tastylive Denver
SPX 0-dte trades for 7/25/25
#SPX0dte Sold to Open $SPX July 25th 6310/6330-6405/6425 condors for 1.05, IV 14.15%, deltas -.09 +.06
Thursday trades
Sold 1 UVXY Jul 25 2025 15 Put at $0.06
Sold 1 DOW Jul 25 2025 23 Put at $0.10
#TinyPuts
Added a tiny bit of DOW stock at $24.53
#FallingKnife
SPX
Out tomorrow so going out to Monday.
Bought to Close SPX Jul 24 2025 6300.0 Puts @ .30 (sold for 3.50)
Bought to Close SPX Jul 24 2025 6325.0 Puts @ .50 (sold for 7.20)
Sold SPX Jul 28 2025 6310.0 Puts @ 6.30
Sold SPX Jul 28 2025 6330.0 Puts @ 9.00
AXP/ETHA
#onlyspreads
SOLD/AXP/1 AUG 2025 287.5/285 PUT @.08
#shortputs
SOLD ETHA 1 AUG 2025 23 PUT @.10
SPX 0-dte trades for 7/24/25
#SPX0dte Sold to Open $SPX July 24th 6290/6310-6395/6415 condors for 1.05, IV 14.80%, IB deltas -.08 +.06
SOXL
#shortputs
#everylittlebithelps
#alittlebitisbetterthannada
SOLD SOXL/25 JUL 2025 21 PUT @.04
SOLD SOXL 25 JUL 2025 20.5 PUT @.03
SOLD SOXL 25 JUL 2025 20 PUT @.02
SOLD SOXL 25 JUL 2025 19.5 PUT @.02
Wednesday Trades
Sold 1 VFC Jul 25 2025 14.5 Covered Call at $0.03
#EveryLittleBitHelps
Sold 1 TZA Jul 25 2025 10.0 Put at $0.06
Sold 1 BOIL Jul 25 2025 30.0 Put at $0.07
#TinyPuts
SPX
Bought to Close SPX Jul 23 2025 6280.0 Puts @ .15 (sold for 4.80)
Sold SPX Jul 24 2025 6300.0 Puts @ 3.50
Sold SPX Jul 24 2025 6325.0 Puts @ 7.20
Rolled some 2028 5800/5800/6200 LEAPS to 2029 6100/6100/6500
Debit roll but doesn’t change current P/L and reduces margin. Continue selling against them.
EDIT: Added a Dec 2029 6300/6300/6700 in another account.
TLT
Bought to Close TLT Jul 25 2025 87.5 Calls @ .02 (sold for .45)
Bought to Close TLT Jul 25 2025 88.0 Calls @ .01 (sold for .42)
Sold TLT Aug 15 2025 87.5 Calls @ .58
Sold TLT Aug 15 2025 88.0 Calls @ .46
Rolled TLT Jul 25 2025 87.0 Puts to Aug 15 2025 87.0 Puts @ .80 credit (1.65 total now)
Sold TLT Aug 15 86.5 Puts @ 1.49
Sold TLT Aug 15 86.0 Puts @ 1.22
SPX 0-dte trades for 7/23/25
#SPX0dte Sold to Open $SPX July 23rd 6265/6285-6365/6385 condors for 1.05, IV 14.21%, IB deltas -.08 +.06
SPY
Taking it a few weeks early.
Bought to Close SPY Aug 15 2025 580.0 Put @ .98 (sold for 3.41)
Tuesday Trades
Sold 1 CAG Jul 25 2025 20 Covered Call at $0.05
#EveryLittleBitHelps
Sold 1 CMG Jul 25 2025 45.0 Put at $0.10
Sold 1 SOXL Jul 25 2025 22.5 Put at $0.12
Sold 1 SOXL Jul 25 2025 23.0 Put at $0.15
#TinyPuts
SPX
Back from the trout streams. LOL
Bought to Close SPX Jul 22 2025 6275.0 Puts @ .20 (sold for 37.35, 39.10, and 40.40)
Sold SPX Jul 23 2025 6280.0 Puts @ 4.80
Been a crazy run. Currently only 25 points above the July 3rd gap up close.
NFLX IC
Sold to open a $NFLX Aug 29 1090/1100/1320/1330 iron condor @ 2.50, short strikes 16 delta
FYI, I took profits on…
FYI, I took profits on all my positions and BTO the TQQQ , selling the August 1, $95 covered calls.
SPX 0-dte trades for 7/22/25
#SPX0dte Sold to Open $SPX July 22nd 6240/6260-6345/6365 condors for 1.05, IV 14.90%, deltas from IB: -.08 +.06
Monday trades
Sold 1 DOW Jul 25 2025 34.0 Covered Call at $0.04
Sold SPCE Jul 25 2025 5.0 Covered Calls at $0.06
Sold 1 TZA Aug 01 2025 12.5 Covered Call at $0.11
Sold 1 CNC Jul 25 2025 32.5 Covered Call at $0.20
#EveryLittleBitHelps
Sold 1 APA Jul 25 2025 17.5 Put at $0.08
Sold 1 ENPH Jul 25 2025 31.0 Put at $0.17
Sold 1 CNC Jul 25 2025 25.0 Put at $0.35
#TinyPuts
SPX
Roll up for additional premium.
Rolled SPX Jul 22 2025 6225.0 Puts to Jul 22 2025 6275.0 Puts @ 2.00 credit (37.40 total now)
Rolled SPX Jul 22 2025 6235.0 Puts to Jul 22 2025 6275.0 Puts @ 1.80 credit (40.45 total now)
TQQQ,
STO August 22, 75 puts at 1.36
TQQQ,
BTC July 25, 55 puts at .01, sold at 1.30
SPX 0-dte trades for 7/21/25
#SPX0dte Sold to Open $SPX July 21st 6265/6285-6325/6345 condors for 3.75, IV 14.22%. Delta reads were completely out of whack on both ToS and IB, so I estimated as distance from ATM. IV is lowest in premarket that I’ve seen all year.
Earnings 7/21 – 7/25
Econ Calendar 7/21 – 7/25
soxl
SOLD SOXL 25 JUL 2025 22.5 PUT @.14
SOLD SOXL 25 JUL 2025 23 PUT @.17
SOLD SOXL 25 JUL 2025 23.5 PUT @.23
tIP SOLD SOXL 25 JUL 2025 24 PUT @.27
MSTY
SOLD MSTY 25 JUL 2025 22 PUT @.54
SOLD MSTY 25 JUL 2025 21.5 PUT @.27
SOLD MSTY 25 JUL 2025 21 PUT @.13
TQQQ,
BTC July 25, 55 puts at .01, sold at 1.31 on a partial amount.
The July 18, 55 puts will expire at zero and were sold at 1.11
SMH,
BTC July 18, 255 puts at .01, sold at 1.23
BOIL/SOXL
#onlyspreads
SOLD VERTICAL BOIL 25 JUL 2025 59/60.5 CALL @.11
#rolling
ROLLED CALENDAR SOXL 8 JUL 25-2025 CALL /TO.25 call- 2025/@.40–(collected-so-far+2.29)
–
#optionsexpiration
SOXL-19-PUT
SOXL-23-PUT
SOXL-23.5-PUT
SOXL-24-PUT
SPX 0-dte trades for 7/18/25
#SPX0dte Sold to Open $SPX July 18th 6255/6275-6345/6365 condors for 1.15, IV 17.09%, deltas (IB) -.08 +.06
TQQQ,
BTO August 1, $87/ $95 bull call spread at 2.85
SPX 0-dte trades for 7/17/25
#SPX0dte I’ve thrown in the towel on neutral trades for the week, given the failure of every trade I have tried, the out-sized intraday swings every day, and another big move in the futures this morning. On this spike higher I did buy a put spread. If we get another drop down I will close that and look for something long. Keeping it cheap, however.
BTO $SPX July 17th 6225/6205 put spreads for .50, IV 15.70%, delta estimated -.055
TQQQ,
STO August 29, 65 puts at 1.19
SPX
Gonna be out thru next Monday so rolling to next Tuesday.
Bought to Close SPX Jul 16 2025 6235.0 Put @ 2.30 (sold for 10.15)
Rolled SPX Jul 16 2025 6235.0 Puts to Jul 22 2025 6225.0 Puts @ 25.25 credit (35.40 total now)
Rolled SPX Jul 16 2025 6235.0 Puts to Jul 22 2025 6235.0 Puts @ 28.50 credit (38.65 total now)
Rolled SPX Jul 16 2025 6275.0 Put to Jul 22 2025 6275.0 Put @ 24.00 credit (39.10 total now)
SOXL
SOLD SOXL 18 JUL 2025 23 PUT @.13
SOLD SOXL 18 JUL 2025 24 PUT @.27
SOLD SOXL 18 JUL 2025 23.5 PUT @.18
SMH,
STO August 22, 240 puts at 1.30
STO August 29, 240 puts at 1.89
SPX 0-dte trades for 7/16/25
#SPX0dte Sold to Open a 20d condor a few minutes after open: July 16th 6210/6230-6280/6300 for 3.95, IV 17.10%, deltas -.20 +.18
After two days of stop outs I held off on pre-market wide condor… probably means this will be a straight-down-the-middle day!
SOXL
#shortputs
tIP SOLD/SOXL 18 JUL 2025 24 PUT @.12
tIP SOLD SOXL 18 JUL 2025 23 PUT @.06
SPX
Early roll today.
Rolled SPX Jul 15 2025 6225.0 Puts to Jul 16 2025 6235.0 Puts @ 5.25 credit (10.15 total now)
And…let’s give Mr. Market something to watch.
Sold SPX Jul 15 2025 6275.0 Put @ 15.10 (Right where we were on July 3rd) 🙂 🙂
SPX 0-dte trades for 7/15/25
#SPX0dte Sold to Open $SPX july 15th 6230/6250-6335/6355 condors for 1.10, IV 15.85%, deltas (estimated) -.08 +.06
Inflation picks up again in June, rising 2.7%
The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right in line with the Dow Jones consensus.
https://www.cnbc.com/2025/07/15/cpi-inflation-report-june-2025.html
SOXL
#shortputs
#everylittlebithelps
#alittlebitisbetterthannada
SOLDSOXL 18 JUL 2025 19 PUT @.07
SMH, STO August 15, 245…
SMH, STO August 15, 245 puts at 1.22
SPX
Out on the road so a quick stop to take care of these. Another round.
Bought to Close SPX Jul 14 2025 6225.0 Puts @ .15 (sold for 5.10)
Bought to Close SPX Jul 14 2025 6230.0 Puts @ .15 (sold for 5.70)
Sold SPX Jul 15 2025 6225.0 Puts @ 4.90
TQQQ,
Closed the TQQQ collar at 9.70, I put the trade on at 7.11
Options Bistro 