Wild morning. I’ll be out all next week (Sturgis baby!!) so taking everything out to at least the 11th.
SPX hedge:
Almost a double in a day.
Sold to Close SPX Sep 19 2025 6000/5950 Bear Put Spreads @ 8.10 (bought for 4.30)
SPX Put sales against LEAPS:
Since I left two LEAPS uncovered going out to Aug monthly and down by the 200 day.
Sold SPX Aug 15 2025 5800.0 Put @ 10.30
Sold SPX Aug 15 2025 5900.0 Put @ 20.00
Rolling the rest and adjusting to same strike.
Rolled SPX Aug 01 2025 6350.0 Puts to Aug 11 2025 6350.0 Puts @ 15.00 credit (61.90 total now)
Rolled SPX Aug 01 2025 6360.0 Puts to Aug 11 2025 6350.0 Puts @ 4.00 credit (52.20 total now)
Rolled SPX Aug 01 2025 6410.0 Put to Sep 19 2025 6375.0 Put @ 14.00 credit (49.50 total now)
SPY:
Here we go again. Out to the 200 day and lower.
Sold SPY Sep 19 2025 580.0 Put @ 5.12
Sold SPY Sep 19 2025 590.0 Put @ 6.42
Forgot I didn’t have these for margin reduction:
Bought to Open SPY Sep 19 2025 300.0 Puts @ .11