Bought to close CE 02/20/2026 60.0 Covered Call at $0.12
Sold CE 03/20/2026 75.0 Covered Call at $0.70
Daily Archives: Thursday, February 19, 2026
SPX
Rolled SPX Feb 19 2026 6850.0 Put to Feb 20 2026 6850.0 Put @ 20.00 credit (32.50 total now)
Going to start pulling some profits out of the ladder:
Bought to Close SPX Feb 19 2026 6850.0 Put @ 7.80 (sold for 82.50)
Sold SPX Feb 26 2026 6800.0 Put @ 50.30
SPX
#FuzzyLEAPs
Waiting until the afternoon worked this time:
Rolled SPX Feb 19th 2026 6825 Put out and down 100 points to Feb 23rd 2026 6725 Put @ 11.00.
Thursday Trades
Sold a tiny bit of OXY at $51.73
Sold a tiny bit of HAL at $35.55
Sold a tiny bit of DVN at $45.45
#FormerFallingKnife
Sold 1 SLV 02/20/2026 63.0 Put at $0.09
#TinyPuts
Sold 1 MSTX 02/27/2026 6.0 Covered Call at $0.01
Sold TZA 02/27/2026 10.0 Covered Calls at $0.01 and $0.03
Sold 1 HRL 02/27/2026 27.0 Covered Call at $0.05
#EveryLittleBitHelps
SPX roll
Rolled $SPX Feb 19 6860 put out to Feb 20 6860 put @ 15.80 credit
XSP rolls 2/19/26
#FuzzyLEAPs
Rolled $XSP Feb 19th 693 puts to Feb 20th 693 puts, .60 credit
Order in to roll 696 for .35.
The issue with my roll on Tuesday: I chose to roll 2 days ahead to get a bit of premium, which meant I didn’t need to roll on Wednesday. But Wednesday’s highs were the best roll time of the week so far for my deep ITM options. It would have been better for me to roll for just one day, even if only breakeven, so I could have rolled yesterday for higher premium than I got on Tuesday. Of course, this wouldn’t matter much if Wednesday had just been flat or down.
SPX
#FuzzyLEAPs
Core PCE is due out tomorrow (Feb 20th, 2026), along with manufacturing and services PMI. According to TOS, the expected move range is a little bit elevated. Just highlighting this for us #FuzzyLEAPs traders. I’m hoping to use it to roll down to a safer strike and still get my usual target premium. Depends on how today goes also, of course.
Perhaps the military buildup in the Middle East is also a factor?
Options Bistro 