SPY

Adding.

Sold SPY Apr 17 2026 600.0 Put @ 5.00

SPX

Rolling on the bounce. Still great credit!!

Rolled SPX Mar 13 6700.0 Puts to Mar 16 6675.0 Puts @ 17.50 credit (48.50 total now)
Rolled SPX Mar 13 6730.0 Puts to Mar 16 6700.0 Puts @ 12.00 credit (45.95 total now)
Rolled SPX Mar 13 6765.0 Puts to Mar 16 6750.0 Puts @ 11.25 credit (50.50 total now)
Rolled SPX Mar 13 6775.0 Put to Mar 16 6750.0 Put @ 4.00 credit (58.35 total now)

Rolled SPX Mar 13 6835.0 Puts to Mar 20 6800.0 Puts @ 7.00 credit (54.15 total now)

SPX

Come and get ’em!

Sold SPX Apr 17 7000/7005 Bear Call Spreads @ 1.40

SPX

Adding the ladder.

Bought to Open SPX Dec 20 2030 6800.0 Puts @ 790.00

Sold SPX Mar 16 6575.0 Put @ 25.00
Sold SPX Mar 17 6550.0 Put @ 28.50
Sold SPX Mar 18 6525.0 Put @ 32.90
Sold SPX Mar 19 6500.0 Put @ 36.50
Sold SPX Mar 20 6475.0 Put @ 38.30

SPX

Out to tomorrow and down a little.

Rolled SPX Mar 12 6725.0 Puts to Mar 13 6700.0 Puts @ 8.10 credit (31.05 total now)
Rolled SPX Mar 12 6750.0 Puts to Mar 13 6730.0 Puts @ 2.50 credit (33.95 total now)
Rolled SPX Mar 12 6775.0 Puts to Mar 13 6765.0 Puts @ 1.25 credit (39.25 total now)

SPY

Reloading.

Sold SPY Apr 17 2026 610.0 Put @ 4.90
Sold SPY Apr 17 2026 620.0 Put @ 6.20
Sold SPY Apr 17 2026 630.0 Put @ 7.60
Sold SPY Apr 17 2026 640.0 Put @ 9.35
Sold SPY Apr 17 2026 650.0 Put @ 11.50

SPX

Out all day so early rolls. Enjoy these premiums!! Remember the good ‘ol days when a good roll was 4 bucks? 🙂 🙂 🙂

Rolled SPX Mar 11 6725.0 Puts to Mar 12 6725.0 Puts @ 11.25 credit (22.95 total now)
Rolled SPX Mar 11 6750.0 Puts to Mar 12 6750.0 Puts @ 14.00 credit (31.45 total now)
Rolled SPX Mar 11 6775.0 Puts to Mar 12 6775.0 Puts @ 15.50 credit (38.00 total now)

SPX

Bought to Close SPX Mar 10 6700.0 Puts @ .20 (sold for 54.65)
Bought to Close SPX Mar 10 6725.0 Put @ .30 (sold for 62.45)
Bought to Close SPX Mar 10 6725.0 Puts @ .45 (sold for 37.95)

Sold SPX Mar 11 6725.0 Puts @ 11.70
Sold SPX Mar 11 6750.0 Puts @ 17.50
Sold SPX Mar 11 6775.0 Puts @ 22.50

Still reducing size for a ROTH conversion:

Sold to Close SPX Dec 2030 7000.00 Put @ 810.00

SPY

Taking some gains 5 weeks early. Still plenty of time to re-load.

Bought to Close SPY Apr 17 2026 590.0 Put @ 2.30 (sold for 5.00)
Bought to Close SPY Apr 17 2026 600.0 Put @ 2.75 (sold for 4.75)
Bought to Close SPY Apr 17 2026 625.0 Put @ 4.43 (sold for 6.75)
Bought to Close SPY Apr 17 2026 650.0 Put @ 7.54 (sold for 10.90)

SPX

Roll to Tomorrow:

Rolled SPX Mar 9 2026 6750.0 Put to Mar 10 6725.0 Put @ 1.15 credit (62.45 total now)
Rolled SPX Mar 9 2026 6750.0 Puts to Mar 10 6725.0 Puts @ 1.00 credit (37.95 total now)
Rolled SPX Mar 9 2026 6725.0 Puts to Mar 10 6700.0 Puts @ 8.60 credit (54.70 total now)

Roll to Friday:

Rolled SPX Mar 9 2026 6850.0 Puts to Mar 13 6835.0 Puts @ 1.55 credit (47.15 total now)
Rolled SPX Mar 9 2026 6810.0 Put to Mar 13 6775.0 Put @ 3.80 credit (54.35 total now)

SPX

Rolled SPX Mar 6 2026 6855.0 Puts to Mar 9 6850.0 Puts @ 3.85 credit (45.60 total now)
Rolled SPX Mar 6 2026 6825.0 Put to Mar 9 6810.0 Put @ 4.00 credit (50.55 total now)
Rolled SPX Mar 6 2026 6775.0 Puts to Mar 9 6750.0 Puts @ 15.00 credit (37.00 total now)
Rolled SPX Mar 6 2026 6775.0 Put to Mar 9 6750.0 Put @ 25.00 credit (61.30 total now)
Rolled SPX Mar 6 2026 6750.0 Puts to Mar 9 6725.0 Puts @ 30.30 credit (46.10 total now)

VIX Thoughts

Interesting times. We are in a little bit of VIX backwardation but not as deep and steep as it was back during the liberation day tariff scare. It’s nice to know that even with mild backwardation DITM SPX puts are still very rollable. We are in a sweet spot right now!!

vix futures

vix term

vix april

NVDA

Small loss to go ahead and get this account to 100 percent cash.

Bought to Close NVDA March 20th 180/180/185 Jade Lizards @ 8.55 debit (sold for 8.10)

SPY

Reloading just below the 200 day.

Bought to Open SPY Apr 17 2026 350.0 Puts @ .23

Sold SPY Apr 17 2026 600.0 Put @ 4.75
Sold SPY Apr 17 2026 625.0 Put @ 6.75
Sold SPY Apr 17 2026 650.0 Put @ 10.90

SPX

ROTH IRA up and running. Did a partial conversion and all approvals today. Good to go. Don’t wanna miss the massive premiums right now!

Bought SPX Dec 20 2030 6900.0 Puts @ 800.00

Sold SPX Mar 06 2026 6750.0 Puts @ 15.50
Sold SPX Mar 06 2026 6775.0 Puts @ 22.00

SPX

Rolled SPX Mar 5 2026 6800.0 Put to Mar 6 6775.0 Put @ 11.30 credit (36.30 total now)

SPX

Final Actual Numbers in One Account Now Back in Cash

Building positions:

1 added in Jul 2025
1 added in Aug 2025
1 added in Dec 2025

Lots of various sized roll ups (5 total) eventually getting everything to 7000 strike in 2029 expiration.

Total Cost to this point:

166078.60

Total credit to close LEAPS:

159899.80

Loss on LEAPS:

-6178.80

Total premium received:

152337.90

===================

Total gain:

146159.10

===================

SPX

Closed the rest of my 7000/7400 LEAPs Call Spreads @ 210.95. These were filling over 221 recently so taking advantage of the dip. Still holding some long 7000 strikes puts.

AMZN

Sold to Close AMZN covered stock @ 202.30 credit (basis 197.55)

SPX

Bought to Close SPX Mar 4 2026 6850.0 Put @ .30 (sold for 28.00)

Closed another LEAP position also @ 590.00 credit

SPX

Rolled to Friday. Not sure about total credit yet. A little behind on my accounting. Celebrated my last night in Vegas last night kinda late. 🙂 🙂 🙂 🙂

Rolled SPX Mar 3 2026 6875.0 Put to Mar 6 6855.0 Put .45 credit
Rolled SPX Mar 3 2026 6850.0 Put to Mar 6 6825.0 Put 6.80 credit

Remaining strikes now at 6855, 6850, 6825, 6800

SPX SPY

Bought to Close SPX Mar 2 2026 6825.0 Put @ .25 (sold for 43.25)
Bought to Close SPX Mar 2 2026 6825.0 Put @ .25 (sold for 47.75)
Bought to Close SPX Mar 2 2026 6825.0 Puts @ .25 (sold for 19.80

Bought to Close SPX Mar 2 2026 6850.0 Puts @ .40 (sold for 21.10)
Bought to Close SPX Mar 2 2026 6850.0 Puts @ .40 (sold for 66.95)

Rolled SPX Mar 2 2026 6880.0 Puts to Mar 3 6875.0 Puts @ 11.15 credit (41.30 total now)

Sold to Close 75 percent of my LEAPS positions prepping for a ROTH IRA conversion.

Bought to Close all SPY positions at breakeven for same reason.

SPX

Bought to Close SPX Mar 20 2026 7100.0/7105.0 Bear Call Spreads @ .75 (sold for 1.50)

SPX

Rolled earlier. Just now getting a chance to post.

Rolled SPX Feb 27 2026 6850.0 Puts to Mar 2 6825.0 Puts @ 13.10 credit (19.80 total now)
Rolled SPX Feb 27 2026 6875.0 Puts to Mar 2 6850.0 Puts @ 7.10 credit (66.95 total now)
Rolled SPX Feb 27 2026 6875.0 Puts to Mar 2 6850.0 Puts @ 9.50 credit (20.50 total now)
Rolled SPX Feb 27 2026 6900.0 Puts to Mar 2 6880.0 Puts @ 2.65 credit (30.15 total now)

Accidentally rolled my ladder position to Monday instead of next Friday. I’ll adjust it on Monday.

Rolled SPX Feb 27 2026 6850.0 Put to Mar 2 6825.0 Put @ 13.10 credit (47.80 total now)

SPX for the week.

Unchanged. 🙂 🙂 🙂 🙂

SPX

Another round.

Bought to Close SPX Feb 26 2026 6850.0 Puts @ .15 (sold for 6.45)
Bought to Close SPX Feb 26 2026 6875.0 Puts @ .20 (sold for 10.50)

Rolled SPX Feb 26 2026 6900.0 Puts to Feb 27 6900.0 Puts @ 12.00 credit (27.50 total now)

Sold SPX Feb 27 2026 6850.0 Puts @ 6.70
Sold SPX Feb 27 2026 6875.0 Puts @ 11.00

Sold SPX Mar 05 2026 6800.0 Put @ 25.00

SPY

Starters out in April. 200 day and lower.

Sold SPY Apr 17 2026 660.0 Put @ 8.40
Sold SPY Apr 17 2026 650.0 Put @ 6.75
Sold SPY Apr 17 2026 640.0 Put @ 5.55
Sold SPY Apr 17 2026 630.0 Put @ 5.00

NVDA earnings

Just for fun. No upside risk and breakeven at the 200 day.

March 20th 180/200/205 Jade Lizards @ 6.10 credit.

SPX

Everything is back in play now. Rolled up the entire ladder slightly and added another rental house.

Bought to Close SPX Feb 25 2026 6850.0 Put @ .15 (sold for 9.40)
Bought to Close SPX Feb 25 2026 6850.0 Put @ .15 (sold for 65.15)
Bought to Close SPX Feb 25 2026 6870.0 Puts @ .20 (sold for 58.40)

Sold SPX Feb 26 2026 6850.0 Puts @ 6.50
Sold SPX Feb 26 2026 6875.0 Puts @ 10.50
Sold SPX Feb 26 2026 6900.0 Puts @ 15.50

Sold SPX Mar 04 2026 6850.0 Put @ 28.00

Rolled SPX Feb 26 2026 6800.0 Put to Feb 26 6850.0 Put @ 3.80 credit (54.10 total now)
Rolled SPX Feb 27 2026 6850.0 Puts to Feb 27 6875.0 Puts @ 4.25 credit (59.85 total now)
Rolled SPX Feb 27 2026 6800.0 Put to Feb 27 6850.0 Put @ 5.70 credit (34.70 total now)
Rolled SPX Mar 02 2026 6750.0 Put to Mar 02 6825.0 Put @ 7.75 credit (43.25 total now)
Rolled SPX Mar 03 2026 6800.0 Put to Mar 03 6850.0 Put @ 7.75 credit (39.75 total now)

Added 1 Dec 2030 7000/7000/7400 @ 581.00 debit

SPY

Closing the whole thing. 60 percent of max in March and about 35 percent in April. Held April for only two days.

Bought to Close SPY Mar 20 2026 625.0 Put @ 1.20 (sold for 4.00)
Bought to Close SPY Mar 20 2026 630.0 Put @ 1.37 (sold for 4.20)
Bought to Close SPY Mar 20 2026 635.0 Put @ 1.60 (sold for 4.15)
Bought to Close SPY Mar 20 2026 640.0 Put @ 1.85 (sold for 4.30)
Bought to Close SPY Mar 20 2026 645.0 Put @ 2.19 (sold for 5.24)
Bought to Close SPY Mar 20 2026 650.0 Put @ 2.55 (sold for 5.42)

Bought to Close SPY Apr 17 2026 610.0 Put @ 2.75 (sold for 4.37)
Bought to Close SPY Apr 17 2026 620.0 Put @ 3.30 (sold for 5.20)

SPX

Daily:

Bought to Close SPX Feb 24 2026 6840.0 Put @ .40 (sold for 25.50)
Sold SPX Feb 25 2026 6850.0 Put @ 9.40

Rolled SPX Feb 24 2026 6880.0 Puts to Feb 25 6870.0 Puts @ 5.00 credit (58.25 total now)

Ladder:

Bought to Close SPX Feb 24 2026 6775.0 Put @ .15 (sold for 96.80)

Sold SPX Mar 3 2026 6800.0 Put @ 32.00

AMZN

Giving up a little upside for some more downside protection.

Rolled AMZN Mar 20th 215.0 Calls to Mar 20th 205.0 Calls @ 4.35 credit (7.25 total now)

New stock basis of 197.55 now.

SPY

Adding. Out in April now.

Sold SPY Apr 17 2026 620.0 Put @ 5.20
Sold SPY Apr 17 2026 610.0 Put @ 4.37

Rolled 350 longs out to April @ .13 debit

SPX

Daily:

Rolled SPX Feb 23 2026 6890.0 Puts to Feb 24 6880.0 Puts @ .40 credit (53.25 total now)
Rolled SPX Feb 23 2026 6850.0 Put to Feb 24 6840.0 Put @ 13.00 credit (25.50 total now)

Rolled SPX Feb 23 2026 6900.0 Puts to Feb 27 6850.0 Puts @ 3.00 credit (55.60 total now)

Ladder:

Bought to Close SPX Feb 23 2026 6800.0 Put @ .50 (sold for 105.10)

Sold SPX Mar 2 2026 6750.0 Put @ 35.50

IBM

Selling on this article. AI is coming.

https://claude.com/blog/how-ai-helps-break-cost-barrier-cobol-modernization

SPX Update

It’s been a couple months since I’ve done one of these. With SPX sitting where it was in late October and being near my highest short strikes it seemed like a good time. I’ll post actual numbers from both of my accounts. As I mentioned in my last update I felt 2025 was about as bad as it can get fighting an up market. If 2026 continues like it has so far just wide range sideways chop and high ((ish)) VIX it’s going to be a banner year!!

#FuzzyLEAPs #SPXsnowball

Biggest Position Account Summary:

Building positions:

4 added in Oct 2024
3 added in Feb 2025
1 added in May 2025
2 added in Aug 2025
2 added in Dec 2025
2 added in Feb 2026

Lots of various sized roll ups (23 total) eventually getting everything to 7000 strike in 2030 expiration.

Total Cost to this point:

879758

Total credit to close LEAPS (Fri prices):

816410

Loss on LEAPS:

-63348

Total premium received including outstanding short puts:

860899

===================

Total gain:

797551

===================

Smaller Position Account Summary:

Building positions:

1 added in Jul 2025
1 added in Aug 2025
1 added in Dec 2025

Lots of various sized roll ups (5 total) eventually getting everything to 7000 strike in 2029 expiration.

Total Cost to this point:

166078

Total credit to close LEAPS (Fri prices):

158580

Loss on LEAPS:

-7498

Total premium received including outstanding short puts:

148153

===================

Total gain:

140655

===================

Good luck everyone!!!

SPX

Daily:

Bought to Close SPX Feb 20 2026 6850.0 Put @ 1.00 (sold for 32.50)
Sold SPX Feb 23 2026 6850.0 Put @ 12.50

Ladder:

Bought to Close SPX Feb 20 2026 6800.0 Put @ .15 (sold for 78.75)
Sold SPX Feb 27 2026 6800.0 Put @ 29.00

SPX

Still sitting on a couple at lower strikes.

Rolled SPX Feb 20 2026 6900.0 Puts to Feb 23 2026 6890.0 Puts @ 9.00 credit (52.85 total now)
Rolled SPX Feb 20 2026 6910.0 Puts to Feb 23 2026 6900.0 Puts @ 7.00 credit (52.60 total now)

SPX

Rolled SPX Feb 19 2026 6850.0 Put to Feb 20 2026 6850.0 Put @ 20.00 credit (32.50 total now)

Going to start pulling some profits out of the ladder:

Bought to Close SPX Feb 19 2026 6850.0 Put @ 7.80 (sold for 82.50)

Sold SPX Feb 26 2026 6800.0 Put @ 50.30

SPX

Selling against new LEAP:

Sold SPX Feb 19 2026 6850.0 Put @ 12.50

Ladder roll:

Rolled SPX Feb 18 2026 6875.0 Put to Feb 25 2026 6850.0 Put @ 40.00 credit (65.15 total now)

SPX

Added 1 Dec 2030 7000/7000/7400 @ 585.00 debit

Waiting for some weakness to sell against it.

SPX

Mr. Market come and get ’em!

Sold SPX Mar 20 2026 7100.0/7105.0 Bear Call Spreads @ 1.50

AMZN Messing Around

Initial post on Feb 5th for an earnings play:

Sold AMZN FEB 20 2026 230.0/225.0 Bull Put Spreads @ 2.80

Stock tanked on the announcement and weak market.

Feb 13th early assigned on the 230 short puts. But left the 225 longs in place in case we continued down planning to close them at some point and apply the credit to the cost basis.

Feb 13th rolled 225 longs down to 215 to lock in gains.

Feb 17th rolled 215 longs down to 200 feeling this might be a bottom and with gamma increasing on the 200s near expiration still some decent downside protection…

On the bounce today:

Sold AMZN Mar 20th 215.0 Calls @ 2.90

Waiting for Friday now to see where the 200 longs end up.

Current basis on stock: 201.90

SPX

Rolling. Any roll down and any credit is a freebie! 🙂 🙂

Rolled SPX Feb 17 2026 6920.0 Puts to Feb 20 2026 6910.0 Puts @ 2.00 credit (47.60 total now)

Ladder:

Rolled SPX Feb 17 2026 6825.0 Put to Feb 24 2026 6775.0 Put @ 30.00 credit (96.80 total now)

SPY

Added on the initial dip.

Sold SPY Mar 20 2026 625.0 Put @ 4.00

SPX SPY

SPX:

Rolling highest strike out and down a week and the other one out to Tue and down a strike. Ladder rolling out and down for good credit.

Rolled SPX Feb 13 2026 6925.0 Puts to Feb 17 2026 6920.0 Puts @ 3.00 credit (45.60 total now)

Rolled SPX Feb 13 2026 6930.0 Puts to Feb 20 2026 6900.0 Puts @ 2.00 credit (43.85 total now)

Ladder:

Rolled SPX Feb 13 2026 6850.0 Put to Feb 23 2026 6800.0 Put @ 28.00 credit (105.10 total now)

SPY adding:

Sold SPY Mar 20 2026 630.0 Put @ 4.20

SPY

Added.

Sold SPY Mar 20 2026 635.0 Put @ 4.15
Sold SPY Mar 20 2026 645.0 Put @ 5.24

SPX

Rolled SPX Feb 12 2026 6925.0 Puts to Feb 13 2026 6925.0 Puts @ 13.50 credit (42.60 total now)
Rolled SPX Feb 12 2026 6930.0 Puts to Feb 13 2026 6930.0 Puts @ 13.45 credit (41.85 total now)

Ladder:

Rolled SPX Feb 12 2026 6850.0 Put to Feb 20 2026 6800.0 Put @ 32.75 credit (78.75 total now)

SPY

Starter (again) 🙂 🙂 :

Sold SPY Mar 20 2026 640.0 Put @ 4.30
Sold SPY Mar 20 2026 650.0 Put @ 5.42

Whiz Freebie Today (if you’re interested)

3 minutes to about 35 minutes is the main part. After that goes into the psychadelic stocks. Then after that more interesting stuff at about 40 minutes in. Some interesting AI info.

SPX

And the rest:

Rolled SPX Feb 11 2026 6925.0 Puts to Feb 12 2026 6925.0 Puts @ 12.00 credit (27.10 total now)
Rolled SPX Feb 11 2026 6930.0 Puts to Feb 12 2026 6930.0 Puts @ 12.50 credit (28.40 total now)

SPX

Ladder adjustments on the morning swoon. Sitting on the rest for now.

Rolled SPX Feb 11 2026 6850.0 Put to Feb 19 2026 6850.0 Put @ 32.00 credit (82.50 total now)

Rolled SPX Feb 12 2026 6825.0 Put to Feb 12 2026 6850.0 Put @ 4.00 credit (46.00 total now)
Rolled SPX Feb 13 2026 6800.0 Put to Feb 13 2026 6850.0 Put @ 8.25 credit (77.10 total now)
Rolled SPX Feb 17 2026 6800.0 Put to Feb 17 2026 6825.0 Put @ 4.50 credit (66.80 total now)

SPX

Rolled SPX Feb 10 2026 6925.0 Puts to Feb 11 2026 6925.0 Puts @ 8.60 credit (14.10 total now)
Rolled SPX Feb 10 2026 6930.0 Puts to Feb 11 2026 6930.0 Puts @ 9.50 credit (16.50 total now)

Shortening the ladder one rung:

Bought to Close SPX Feb 10 2026 6875.0 Put @ .50 (sold for 52.50)

Sold SPX Feb 11 2026 6930.0 Put @ 11.50

XSP update

Been running 5 contracts of Dec 2027 660/660/700 and one roll up to 680/680/720 since Nov 21st.

Booking everything for a gain of 90 points total. Reloading to Dec 2028 and only buying puts. The call spreads in a smaller account take up a lot of valuable buying power so leaving those out and buying just 10 puts. Selling 5 daily and laddering the rest starting about a week out.

EDIT: for full disclosure I had a 30 point loss initially in this account due to multiple early assignments on SPY. XSP has made that all back plus another 60 points just since Nov 21st. Fills have been fine with no issues.

SPX

After some rolls officially booking the gains today.

Bought to Close SPX Feb 09 2026 6910.0 Put @ .50 (sold for 25.00)
Bought to Close SPX Feb 09 2026 6910.0 Puts @ .50 (sold for 92.60)
Bought to Close SPX Feb 09 2026 6910.0 Puts @ .50 (sold for 97.90)

Sold SPX Feb 10 2026 6925.0 Puts @ 6.50
Sold SPX Feb 10 2026 6930.0 Puts @ 7.00

Keeping the ladder going:

Bought to Close SPX Feb 09 2026 6850.0 Put @ .15 (sold for 32.50)

Sold SPX Feb 18 2026 6875.0 Put @ 25.15

SPY

Taking about half six weeks early.

Bought to Close SPY Mar 20 2026 610.0 Put @ 1.46 (sold for 4.00)
Bought to Close SPY Mar 20 2026 620.0 Put @ 1.80 (sold for 4.33)
Bought to Close SPY Mar 20 2026 630.0 Put @ 2.25 (Sold for 4.25)
Bought to Close SPY Mar 20 2026 640.0 Put @ 2.85 (sold for 5.25)

SPX

Added 1 Dec 2030 7000/7000/7400 @ 562.00 debit

Sold SPX Feb 09 2026 6910.0 Put @ 25.00

SPX

Early roll today on the bounce.

Rolled SPX Feb 06 2026 6915.0 Puts to Feb 09 2026 6910.0 Puts @ 5.00 credit (92.55 total now)

Rolled SPX Feb 06 2026 6850.0 Put to Feb 17 2026 6800.0 Put @ 32.70 credit (62.30 total now)

AMZN

Just for fun.

Sold AMZN FEB 20 2026 230.0/225.0 Bull Put Spreads @ 2.80

SPX

Rolled SPX Feb 05 2026 6920.0 Puts to Feb 06 2026 6915.0 Puts @ .05 credit (87.55 total now)

Rolled SPX Feb 05 2026 6850.0 Put to Feb 13 2026 6800.0 Put @ 34.05 credit (68.85 total now)

SPY

Adding.

Sold SPY Mar 20 2026 620.0 Put @ 4.33

EDIT:

Filled on another while I was out.

Sold SPY Mar 20 2026 610.0 Put @ 4.00

SPX

Rolled SPX Feb 04 2026 6925.0 Puts to Feb 05 2026 6920.0 Puts @ 4.80 credit (87.50 total now)

Bought to Close SPX Feb 04 2026 6850.0 Put @ .05 (sold for 30.70)

Sold SPX Feb 12 2026 6825.0 Put @ 42.00

SPX

Out the rest of today and all day tomorrow. Rolled everything to Wed for decent credit. 🙂 🙂

SPX

Splitting up my daily sales to different strikes:

Rolled SPX Jan 30 2026 6925.0 Puts to Feb 02 2026 6900.0 Puts @ 10.00 credit (72.30 total now)
Rolled SPX Jan 30 2026 6925.0 Puts to Feb 02 2026 6925.0 Puts @ 20.00 credit (82.30 total now)

Part of the ladder:

Bought to Close SPX Jan 30 2026 6900.0 Put @ 1.00 (sold for 28.80)

Sold SPX Feb 09 2026 6850.0 Put @ 32.50

Rolling LEAPs out a year further:

Rolled Dec 2029 7000 long puts out to Dec 2030 7000 long puts
Rolled Dec 2029 7000/7400 BeCS to Dec 2030 7000/7400 BeCS

Net debit for the whole thing: 48.25 per position

SPY

Moving out to March. Selling just outside the expected move at the 200 day.

Sold SPY Mar 20 2026 630.0 Put @ 4.25
Sold SPY Mar 20 2026 640.0 Put @ 5.25

Rolled SPY Feb 20 2026 350.0 Puts to Mar 20 2026 350.0 Puts @ .10 debit (long puts)

SPX

Straight roll to tomorrow. Same exact numbers just dates changed. 🙂 🙂 🙂 SPX unchanged for the week:

Rolled SPX Jan 29 2026 6925.0 Puts to Jan 30 2026 6925.0 Puts @ 11.00 credit (62.30 total now)

Rolling up a couple of the ladder positions on the dip:

Rolled SPX Feb 04 2026 6825.0 Put to Feb 04 2026 6850.0 Put @ 4.00 credit (30.70 total now)
Rolled SPX Feb 05 2026 6825.0 Put to Feb 05 2026 6850.0 Put @ 4.75 credit (34.80 total now)

And adding:

Sold SPX Feb 06 2026 6850.0 Put @ 29.60

SPX

What a beautiful headline!! 🙂 🙂 🙂

spx boring

SPX

Straight roll to tomorrow.

Rolled SPX Jan 28 2026 6925.0 Puts to Jan 29 2026 6925.0 Puts @ 11.00 credit (51.45 total now)

Rolling up the ladder positions on the little dip.

Rolled SPX Jan 30 2026 6825.0 Put to Jan 30 2026 6900.0 Put @ 8.50 credit (28.80 total now)
Rolled SPX Feb 02 2026 6810.0 Put to Feb 02 2026 6875.0 Put @ 7.00 credit (28.50 total now)
Rolled SPX Feb 03 2026 6800.0 Put to Feb 03 2026 6850.0 Put @ 5.50 credit (28.50 total now)
Rolled SPX Feb 04 2026 6775.0 Put to Feb 04 2026 6825.0 Put @ 4.50 credit (26.70 total now)
Rolled SPX Feb 05 2026 6770.0 Put to Feb 05 2026 6825.0 Put @ 5.75 credit (30.05 total now)

SPX

Adding one pre Fed.

Sold SPX Jan 29 2026 6925.0 Put @ 12.50

SPX

Out all day so an early roll. Moving everything this week to the same strike.

Rolled SPX Jan 27 2026 6920.0 Put to Jan 28 2026 6925.0 Put @ 7.50 credit (44.10 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (42.00 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (28.00 total now)

SPX

One more fill on a standing order I left in.

Rolled SPX Jan 26 2026 6900.0 Put to Jan 27 2026 6925.0 Put @ 10.00 credit (21.00 total now)

SPX

Out all day so an early roll. Still sitting on a 6900 in case of an afternoon pullback to roll it.

Rolled SPX Jan 26 2026 6920.0 Puts to Jan 27 2026 6920.0 Puts @ 7.00 credit (36.60 total now)
Rolled SPX Jan 26 2026 6925.0 Put to Jan 27 2026 6925.0 Put @ 7.00 credit (35.00 total now)

SPX

Whew! Crazy week. SPX almost unchanged.

12 total positions. Selling 5 every day and adding 5 with the ladder method and leaving 2 uncovered. I had been selling 8 and leaving 4 uncovered. Just experimenting to see how things react during the next selloff.

Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 30.00)
Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 31.00)
Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 42.20)
Bought to Close SPX Jan 23 2026 6850.0 Put @ .15 (sold for 52.50)
Bought to Close SPX Jan 23 2026 6875.0 Put @ .20 (sold for 63.00)

Sold SPX Jan 26 2026 6900.0 Put @ 11.00

Rolled SPX Jan 23 2026 6920.0 Puts to Jan 26 2026 6920.0 Puts @ 11.00 credit (29.60 total now)
Rolled SPX Jan 23 2026 6925.0 Put to Jan 26 2026 6925.0 Put @ 10.00 credit (28.00 total now)

Sold SPX Jan 30 2026 6825.0 Put @ 20.30
Sold SPX Feb 02 2026 6810.0 Put @ 21.50
Sold SPX Feb 03 2026 6800.0 Put @ 23.00
Sold SPX Feb 04 2026 6775.0 Put @ 22.20
Sold SPX Feb 05 2026 6770.0 Put @ 24.30

SPX SPY

Out most of the day so some early rolls.

Rolled SPX Jan 22 2026 6800.0 Put to Jan 23 2026 6825.0 Put @ 4.00 credit (31.00 total now)
Rolled SPX Jan 22 2026 6825.0 Put to Jan 23 2026 6825.0 Put @ 3.20 credit (42.20 total now)
Rolled SPX Jan 22 2026 6850.0 Put to Jan 23 2026 6850.0 Put @ 5.50 credit (52.50 total now)
Rolled SPX Jan 22 2026 6875.0 Put to Jan 23 2026 6875.0 Put @ 7.00 credit (63.00 total now)

Rolled SPX Jan 23 2026 6775.0 Put to Jan 23 2026 6825.0 Put @ 3.00 credit (30.00 total now)

Rolled SPX Jan 23 2026 6950.0 Puts to Jan 30 2026 6925.0 Puts @ 11.00 credit (66.15 total now)

Taking over half a month early:

Bought to Close SPX Feb 20 2026 6350.0 Put @ 14.60 (sold for 33.00)

SPY:

Taking about half a month early.

Bought to Close SPY Feb 20 2026 650.0 Put @ 2.48 (sold for 4.70)

SPX

6940 will be a fun number to watch. That would get us back to unchanged from last Friday’s close meaning all premium this week is free money!! White lines are Friday close and upper and lower expected moves for the week.

em spx