fuzzballl 12:23 pm on Friday, August 14, 2026

SPX

Taking care of Monday’s ladder early.

Bought to Close SPX Aug 17 2026 7625.0 Put @ .55 (sold for 10.95)
Bought to Close SPX Aug 17 2026 7650.0 Put @ .75 (sold for 14.55)

Sold SPX Aug 21 2026 7700.0 Put @ 13.35
Sold SPX Aug 21 2026 7725.0 Put @ 17.75

geewhiz112 1:01 pm on Friday, August 14, 2026

This ladder is terrific
- fuzzballl 1:53 pm on Friday, August 14, 2026
  
  I’m laddering my daily sales and then laddering smaller positions out every day for a week. And keeping a small position in the money at all times to help with upside risk. But like Mike Tyson said, “Everyone has a plan until they get punched in the face.” 🙂 🙂 🙂
  - MikeL 2:19 pm on Friday, August 14, 2026
    
    I am trying to catch up to your laddering. 🙂
    If it is not too much trouble, can you please list your positions?
    No need for prices, just a description, like SPX Aug 21 2026 7700.0 Put.
    Thanks.
    - fuzzballl 9:17 am on Saturday, August 15, 2026
      
      Here ya go. One of those rare times the ladders are pretty well organized. When things get wild again at some point the rolling will disrupt some of this but this is the basic goal. Number of contracts and expiration dates shown.
      
      Daily:
      
      SPX 5 Aug 17 7750 Puts
      SPX 5 Aug 17 7760 Puts
      SPX 5 Aug 17 7770 Puts
      SPX 5 Aug 17 7780 Puts
      
      Ladder:
      
      SPX 1 Aug 18 7600 Put
      SPX 1 Aug 18 7625 Put
      
      SPX 1 Aug 19 7650 Put
      SPX 1 Aug 19 7675 Put
      
      SPX 1 Aug 20 7700 Put
      SPX 1 Aug 20 7725 Put
      
      SPX 1 Aug 21 7700 Put
      SPX 1 Aug 21 7725 Put
      
      Soldiers on the front lines:
      
      SPX 3 Aug 17 7825 Puts
      - MikeL 8:20 am on Sunday, August 16, 2026
        
        Thank you!

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