Rolling tomorrow’s ladder position up to the expected move.
Rolled SPX Mar 17 6550.0 Put to Mar 17 6625.0 Put @ 8.00 credit (36.50 total now)
Daily Archives: Monday, March 16, 2026
SPX vs Oil
With the /CL at a possible level of support, it will be interesting to see if today is a repeat of Friday on the SPX. A rally early, followed by a selloff all day. Makes me wonder if there are traders out there rebalancing back and forth between the /ES and the /CL.
SPX
Rolling on the bounce.
Rolled SPX Mar 16 6675.0 Puts to Mar 17 6650.0 Puts @ 8.05 credit (56.55 total now)
Rolled SPX Mar 16 6700.0 Puts to Mar 17 6680.0 Puts @ 7.60 credit (53.50 total now)
Rolled SPX Mar 16 6750.0 Puts to Mar 17 6740.0 Puts @ 4.00 credit (54.45 total now)
Rolled SPX Mar 16 6750.0 Put to Mar 17 6740.0 Put @ 4.30 credit (62.65 total now)
Ladder:
Bought to Close SPX Mar 16 6575.0 Put @ 1.50 (sold for 25.00)
Sold SPX Mar 23 6550.0 Put @ 36.50
XSP rolls 3/16/26
#FuzzyLEAPs
Rolled $XSP Mar 16th 672 puts to Mar 17th 672 puts, 1.60 credit.
All three of my other strikes still too high, so will try some swing-diagonals or push them out in time.
Options Bistro 