#fuzzyleaps
Time for my quarterly review! Going forward, I plan to do these at the end of every quarter.

Methodology:
Because we all know that the market makers always take their cut, I will assume that the cost to buy back any outstanding sold puts will be at the mid plus 1%, and the amount received to sell any LEAPs will be at the mid minus 1%. Also, I will take a snapshot of prices during the last trading day of the quarter to use as the basis of my calculations. With all of that in mind, here we are for Q3 2026:

Results:
(as of 10:00 AM on 9/30/2026)
Total Premium Received $172,699.00
Cost to close outstanding short puts $994.85
Current LEAPs Value $187,451.55
Current LEAPs Cost $260,571.00
Net Result $99,579.55
Net Result % (@ $300k dedicated) 33.19%
Annualized % (simple, non-compounded) 44.26%