S&P 500 DRAWDOWN AFTER AUGUST IN EVERY RECENT MIDTERM ELECTION YEAR:
1962: -12.3%
1966: -18.2%
1970: -7.1%
1974: -28.6%
1978: -9.3%
1982: -27.1%
1986: -8.4%
1990: -18.2%
1994: -9.3%
1998: -18.3%
2002: -21.1%
2006: -6.9%
2010: -16.0%
2014: -11.2%
2018: -21.2%
2022: -16.9%
NOT A SINGLE POSITIVE RETURN IN 60 YEARS
2026 WON’T BE DIFFERENT
Rolled $SPX Sep 1 7720 puts out to Sep 4 7720 puts @ 1.70 credit
Rolled $SPX Sep 1 7700 puts out to Sep 4 7700 puts @ 5.50 credit
Rolled $SPX Sep 1 7660 puts out to Sep 4 7630 puts @ 3.50 credit
#FuzzyLEAPs was able to roll one down a strike but not both
Rolled $XSP Sep 1st 781 puts DOWN to Sep 2nd 780 puts, 1.00 credit
Rolled $XSP Sep 1st 778 puts to Sep 2nd 778 puts, .30 credit
Sold 1 CPB 09/04/2026 25.5/25 Bear Call Spread at $0.12 Credit
#EveryLittleBitHelps
#rolling
IREN rolled 18 DEC 2026 50 PUT/to 19 FEB 2027 50 put 2027 for a @1.47 credit
IREN rolled 18 DEC 2026 60 PUT / to a 19 FEB 60 put 2027 for a @1.15 credit
Tiny buy
BOT SPYI @53.48
BOT IWMI @51.60
Sold 1 AMZN 09/02/2026 245/247.5 Bull Put Spread at $0.12 Credit
Sold 1 GOOGL 09/02/2026 320/325 Bull Put Spread at $0.14 Credit
Sold 1 META 09/02/2026 537.5/540 Bull Put Spread at $0.18 Credit
Sold 1 PANW 09/04/2026 300/302.5 Bull Put Spread at $0.13 Credit
Sold 1 FIS 09/04/2026 38.0 Put at $0.10
Sold 1 NKE 09/04/2026 37.0 Put at $0.09
Sold 1 PCG 09/04/2026 12.0 Put at $0.07
Started a tiny new position in WYNN stock at $90.00
Added a tiny bit more LII stock at $380.00
Sprinkling a few starters out there around the 200 day.
Sold SPY Oct 16 2026 710.0 Put @ 3.50
Sold SPY Oct 16 2026 715.0 Put @ 3.85
Sold SPY Oct 16 2026 720.0 Put @ 4.30
Rolled SPX Sep 01 2026 7650.0 Put to Sep 08 2026 7625.0 Put @ 17.75 credit
Rolled SPX Sep 01 2026 7625.0 Put to Sep 08 2026 7600.0 Put @ 21.75 credit
#fuzzyleaps
Rolled SPX Sep 1 2026 7560 Put to Sep 4 2026 7505 Put @ 6.00 Credit.
Ladder now:
Sep 2 7595 Put
Sep 3 7580 Put
Sep 4 7505 Put
LEAPs:
3 @ 7700
SPX now:
7686.14
