Started a tiny new position in PAYX at the previous 52-week low at $107.80
Ex-div 01/28; Div = 3.88 %
Daily Archives: Tuesday, January 20, 2026
XSP Puts
Sold 1 XSP 01/232026 655/660 Bull Put Spread at $0.28 Credit
XSP and SPY rolls 1/20/26
#FuzzyLEAPs This will be a boring week waiting for a rebound. Trying to roll to Friday or Monday but only one filled so far. I was waiting for possibility of ending higher but we turned south instead.
Rolled $XSP Jan 20th 692 put to Jan 23rd 692 put, .75 credit
NFLX Put Ladder
Sold 1 NFLX 01/23/2026 73/79 Bull Put Spread ar $0.33 Credit
Sold 1 NFLX 01/23/2026 73/78 Bull Put Spread ar $0.24 Credit
Sold 1 NFLX 01/23/2026 73/77 Bull Put Spread ar $0.16 Credit
#Earnings tonight
TQQQ,
STO Feb 27, 40 puts at .95
SPX
#FuzzyLEAPs
Existing LEAP:
Dec 20th 2030 7700 Put
Cost: 927
Daily:
Rolled: Jan 20th 2026 6890 Put
To: Jan 21st 2026 6890 Put
@ 10.00 Credit
LEAPs Covered: 50.00%
SPX @ Time of Roll: 6856
Days in Trade: 6
Total Credit Per LEAP: 18.1
Credit as % of LEAP Cost: 1.95%
Annualized ROC: 81.36%
VIX
Expires tomorrow. Take what I can get today.
Sold to Close VIX Jan 21 2026 20/35 Bull Call Spreads @ .40 (sold for 1.29)
SPY
Starter just above the 200 day.
Sold SPY Feb 20 2026 650.0 Put @ 4.70
SPY Put Ladder
Sold 1 SPY 01/21/2026 663/668 Bull Put Spread at $0.20 Credit
Sold 1 SPY 01/22/2026 659/664 Bull Put Spread at $0.24 Credit
Sold 1 SPY 01/23/2026 651/658 Bull Put Spread at $0.21 Credit
SPX
Out the rest of the day so rolling on this first little bounce.
Rolled SPX Jan 20 2026 6920.0 Puts to Jan 21 2026 6920.0 Puts @ 4.50 credit. (16.60 total now)
Rolled SPX Jan 20 2026 6925.0 Put to Jan 21 2026 6925.0 Put @ 4.00 credit. (16.00 total now)
Rolled SPX Jan 20 2026 6950.0 Puts to Jan 23 2026 6950.0 Puts @ 5.00 credit. (55.15 total now)
SOXL Put Ladder
Sold 1 SOXL 01/23/2026 45.5/50.5 Bull Put Spread at $0.38 Credit
Sold 1 SOXL 01/23/2026 45/50 Bull Put Spread at $0.25 Credit
Sold 1 SOXL 01/23/2026 44.5/49.5 Bull Put Spread at $0.30 Credit
Sold 1 SOXL 01/23/2026 44/48.5 Bull Put Spread at $0.25 Credit
SPX
One of my all time lucky breaks. Fat finger last Thursday to a Friday AM roll. AMs expire by 10 points and buying power locked until today.
Pre-market:
Sold SPX Jan 21 2026 6875.0 Put @ 50.00
Sold SPX Jan 21 2026 6850.0 Put @ 38.00
Sold SPX Jan 21 2026 6825.0 Put @ 28.00
Sold SPX Jan 22 2026 6800.0 Put @ 27.00
Sold SPX Jan 23 2026 6775.0 Put @ 27.00
And at the 200 day:
Sold SPX Feb 20 2026 6350.0 Put @ 33.00
Options Bistro 