jsd501 7:22 am on Thursday, August 28, 2025

SPX,

STO August 29, 6450 puts at 9.10, I think the August 28, 6435 puts will expire at zero today.

fuzzballl 7:36 am on Thursday, August 28, 2025

SPX virtually unchanged for the week. No change in LEAPS so straight to the bottom line! 🙂 🙂 🙂
fuzzballl 7:42 am on Thursday, August 28, 2025

Are you leaving any uncovered? Not that big of a deal with your short put at 6400 but never hurts to have 2 or 3 in your pocket just in case.
- jsd501 8:31 am on Thursday, August 28, 2025
  
  NO
- jsd501 8:31 am on Thursday, August 28, 2025
  
  No, I am not. The quicker I get to break even, the better.
- jsd501 9:07 am on Thursday, August 28, 2025
  
  Assuming that the 6450 that I sold today expires tomorrow at zero, I will have covered 5% of cost in 3 days. Incredible.
  - fuzzballl 10:05 am on Thursday, August 28, 2025
    
    Love it!!