Bringing the oddball last rung of my ladder in and adding it to my upside hedge crew. Shortens the ladder to 4 days but really helps with upside risk. As long as these are stuck in the money all is good since I’m keeping them at the same strike or higher as my LEAPs.
Bought to Close SPX Aug 14 2026 7650.0 Put @ 9.35 (sold for 26.65)
Sold SPX Aug 11 2026 7800.0 Put @ 47.35