#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
Daily Archives: Friday, May 1, 2026
TSLA MRVL WDAY Closeouts
Bought to close 1 TSLA 05/01/2026 307.5/320 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
Crazy.
Rolled SPX May 01 2026 7100.0 Puts to May 04 2026 7200.0 Puts @ 13.70 credit (66.05 total now)
Rolled SPX May 01 2026 7175.0 Puts to May 04 2026 7200.0 Puts @ 12.15 credit (24.40 total now)
And I hope I’m rolling these down for the next 3 years. 🙂 🙂 🙂
Rolled SPX May 01 2026 7200.0 Puts to May 04 2026 7275.0 Puts @ 38.65 credit (58.50 total now)
And finally:
Rolled Dec 2030 7100.0 Puts to Dec 2030 7200.0 Puts @ 26.75 debit
Options Bistro 