#FuzzyLEAPs
Rolled $XSP Jan 28th 696 puts to Jan 29th 696 puts for .95 credit

Since XSP is trading right at 696, I’m rolling this today, 2 days before expiration. I think the importance of being ATM overrides the distance to expiry as optimal time for rolling.

Working on rolling my XSP 692 put but since we’ve gone up all day the best time to do this was at the open. We are now enough above $SPY 692 that I will leave my Jan 28th put there to continue to drain. I want to leave my one SPY LEAPs spread “uncovered” as a hedge.