Upon closer inspection I’m adding another LEAPS position but leaving it uncovered for now.

Bought Dec 2029 6300/6300/6700 @ 375.0 debit

Uncovering another LEAPS position for tomorrow….just in case.

Bought to Close SPX Sep 19 2025 6000.00 Put @ 22.20 (sold for 27.00)

After today’s roll I’ve now recovered all cash outlay to set all the SPX LEAPS positions. Sitting currently at 80 percent of my goal for max size. Before adding any more I’m going to spruce up the current rental houses a little (roll up the LEAPS slightly). Doesn’t affect current P/L but does require cash. Best thing is it reduces potential drawdowns in a selloff and reduces margin required on the daily put sales. Putting a new roof on the most run down property first. 🙂 🙂

Rolled Jan 2029 5900 long put up to Jan 2029 6300
Rolled Jan 2029 5900/6300 BeCS to Jan 2029 6300/6700 Becs

Net debit for the whole thing: 121.00

After I recover this cash I’ll look at the next one. I’ve got one at the 6000 strike and the rest at 6100. A little maintenance never hurts. One house is empty right now saving that for a big spike in rent. 🙂 🙂 🙂

I’ve been short call spreads and long put spreads out in Jan 2026 for an overall short VXX position (long the market) in two different accounts. Closing everything to add more SPX positions.

Closed Jan 2026 55/85 Bear Call Spreads
Closed Jan 2026 55/45 Bear Put Spreads
Closed Jan 2026 55/35 Bear Put Spreads

Net Loss .65 in smaller position
Net gain 1.40 in 4x bigger position

Straight roll to tomorrow. 7th trading day in a row at the same strike. That’s what we like to see!

Rolled SPX Aug 21 2025 6435.0 Puts to Aug 22 2025 6435.0 Puts @ 5.00 credit (17.15 total now)