Bought tiny bits of TSCO at $34.00 and $33.71
Added a bit more CLX at $86.79 in a couple of accounts
#FallingKnife
Monthly Archives: May 2026
OptionsExpiration
EXPIRED:
META 810/800 Bear Call Spread
MRVL 130/140 Bull Put Spreads
UVXY 52.5/48 Bear Call Spread
UVXY 55/50 Bear Call Spread
#OnlySpreads
CAG 13.0 Put
IP 29.0 Puts
MOS 23.0 Put
MSTX 20.0 Put
NCLH 16.5 Put
NCLH 16.0 Put
NCLH 15.5 Put
#TinyPuts
BAX 22.0 Covered Calls
BOIL 16.0 Covered Call
CAG 17.0 Covered Call
CPB 24.0 Covered Calls
HPQ 21.0 Covered Calls
KHC 23.0 Covered Call
KHC 24.0 Covered Call
MSTX1 5.0 Covered Call
#EveryLittleBitHelps
ASSIGNMENTS:
1 TSCO 35.5 Put
$SPX adding LEAPs
Bought $SPX Dec 20 2030 7200 puts @ 736.90
Sold $SPX May 8 7130 puts outside the expected move @ 17.50
#FuzzyLEAPs
SPX
#fuzzyleaps
LEAPs Roll:
Rolled SPX Dec 30 2030 7100 Puts to Dec 30 2030 7200 Puts @ 26.85 Debit.
Daily Roll:
Rolled SPX May 1 2026 7100 Puts to May 4 2026 7225 Puts @ 9.30.
Should have waited, but I rolled earlier expecting another straight up day.
TSLA Calls Rolled
Kicking the can to next week
Rolled 1 TSLA 05/01/2026 402.50/390 Bear Call Spread to 1 TSLA 05/082026 402.50/390 Bear Call Spread at $1.02 Credit
#DamageControl
SPX rolls
Rolled $SPX May 1 7095 puts out to May 4 7195 puts @ 7.15 credit
Rolled $SPX May 1 7100 puts out to May 4 7200 puts @ 8.25 credit
Rolled $SPX May 1 7150 puts out to May 4 7210 puts @ 9.25 credit
#FuzzyLEAPs
XSP rolls 5/1/26
#FuzzyLEAPs Relentless upside continues so I keep rolling higher.
Rolled $XSP May 1st 714 puts to May 4th puts, .32 credit
Rolled UP May 1st 712 puts to May 4th 720 puts, .90 credit
TSLA MRVL WDAY Early Closeouts
Bought to close 1 TSLA 05/01/2026 307.5/320 Bull Put Spread at $0.01
Bought to close 1 TSLA 05/01/2026 342.5/352.5 Bull Put Spread at $0.01
Bought to close 1 MRVL 05/01/2026 175/172.5 Bear Call Spread at $0.01
Bought to close 1 WDAY 05/01/2026 145/142 Bear Call Spread at $0.01
Perhaps some irrational exuberance?!
I mean WTAF?
I thought Buffet’s comments the other day that the stock market is more like a casino than an investment would at least temper a few people. But no, it’s expensive so it must be good so let’s buy it.
I can still make money but having to adjust everything which means it takes longer to get my money. But I have learned a lot of patience from trading options for 22 years now 🙂
SPX
EDIT: Changed everything to closing orders today and new sales for Monday
Crazy.
Bought to Close SPX May 01 2026 7100.0 Puts @ .25 (sold for 52.35)
Bought to Close SPX May 01 2026 7175.0 Puts @ 1.05 (sold for 12.25)
Bought to Close SPX May 01 2026 7200.0 Puts @ 2.35 (sold for 19.85)
Sold SPX May 04 2026 7200.0 Puts @ 13.20 and 13.95
And I hope I’m rolling these down for the next 3 years. 🙂 🙂 🙂
Sold SPX May 04 2026 7275.0 Puts @ 41.00
And finally:
Rolled Dec 2030 7100.0 Puts to Dec 2030 7200.0 Puts @ 26.75 debit
Options Bistro 