#FuzzyLEAPs
Rolled today’s (Jan 30th 2026) 6895 Put to Feb 5th 6825 Put @ 15.00 (total 45.30 now)

Current setup heading into the weekend:

LEAPs:
4 @ Strike: 7600
Cost per LEAP: 699.10
Target credit per 4-day roll: 14.40 (or more)

Short Puts:
Date: Strike: Credit:
Feb 2nd 2026 6850 35.30
Feb 3rd 2026 6850 37.30
Feb 4th 2026 6875 54.30
Feb 5th 2026 6825 45.30

For each roll, just picking whatever strike brings in about 15.00 ish and letting market movements decide where the ladder goes.

Three weeks now using real money, and I have brought in about 25% of the cost of another rental house. That is also during a period with a market holiday, and being super conservative the whole time (sometimes not even selling against all of the LEAPs, and always trying to stay OTM). That percentage would even be better using LEAPs closer to ATM, but I feel like setting them more ITM is another way to be conservative. YMMV of course.

At that rate, it should take about 12 weeks to pay for another rental house, market permitting. Assuming 15 credit per day targeted by the ladder strategy, it should only take about 47 trading days (about 9 1/2 weeks). We’ll see!