This might be more fun and effective. Selling two aggressively for upside help. Bringing the monthly into a daily sale.

Bought to Close SPX Aug 21 2026 7600.0 Put @ 75.50 (sold for 151.85)

Sold SPX Aug 4 2026 7625.0 Put @ 34.00

I currently have one short put that’s at the same strike as my long LEAPs and I roll it out a month at a time just to help with upside risk. As long as I have to keep rolling it the market is “capped” and everything else is free money since LEAPs aren’t needing rolled up. Adding another position but selling against it aggressively every day. I’ll call it the “floating cap” to really help with upside risk. The delta on it will be much higher than the longer term cap.

I’m sure there will come a time where I have to roll it more than a day but will try to keep it as close in time as possible.

Long story short: The goal is to have upside help so I can sell the big part of my positions slightly more conservatively day to day.

Great fill on the LEAP today BTW.

Bought SPX Dec 20 2030 7600.0 Put @ 725.00

Sold SPX Aug 4 2026 7625.0 Put @ 47.50

Been rolling these for quite awhile accumulating premium. Putting them all in the win column today.

Bought to Close SPX Aug 03 2026 7375.0 Puts @ .20 (sold for 154.95)
Bought to Close SPX Aug 03 2026 7400.0 Puts @ .25 (sold for 153.70)

Sold SPX Aug 4 2026 7500.0 Puts @ 5.10
Sold SPX Aug 4 2026 7550.0 Puts @ 11.25

Ladder:

Bought to Close SPX Aug 03 2026 7425.0 Put @ .35 (sold for 103.70)
Bought to Close SPX Aug 03 2026 7450.0 Put @ .50 (sold for 82.70)

Sold SPX Aug 10 2026 7450.0 Put @ 12.40
Sold SPX Aug 10 2026 7475.0 Put @ 16.00