#fuzzyleaps
I want to reduce the cost of rental houses, so I am preparing to reset my LEAPs down to 7000 from 7600, and add the BECS like the normal FuzzyLEAPs setup.
As a start:
STC 1 SPX Dec 20th 2030 7600 Put @ 984 credit (debit to open 896.60). Gain on the LEAP 87.40.
I still have 3 7600 LEAP Puts, 1 uncovered.
I’ll buy the first 7000 strike rental house on a calmer day.