SPY

Back in. That reload didn’t take long. LOL. Just going to April for now.

Sold SPY Apr 17 2026 605.0 Puts @ 2.75
Sold SPY Apr 17 2026 610.0 Puts @ 3.45
Sold SPY Apr 17 2026 615.0 Puts @ 3.91
Sold SPY Apr 17 2026 620.0 Puts @ 5.01
Sold SPY Apr 17 2026 625.0 Puts @ 5.89

SPY

Taking 40 percent 6 weeks early. Still plenty of time to reload.

Bought to Close SPY May 15 2026 595.0 Put @ 4.28 (sold for 9.63)
Bought to Close SPY May 15 2026 600.0 Put @ 4.75 (sold for 10.45)
Bought to Close SPY May 15 2026 605.0 Put @ 5.29 (sold for 10.40)
Bought to Close SPY May 15 2026 610.0 Put @ 5.88 (sold for 12.00)
Bought to Close SPY May 15 2026 615.0 Put @ 6.58 (sold for 12.25)
Bought to Close SPY May 15 2026 620.0 Put @ 7.25 (sold for 11.60)
Bought to Close SPY May 15 2026 625.0 Put @ 8.15 (sold for 14.45)
Bought to Close SPY May 15 2026 630.0 Put @ 9.10 (sold for 13.30)
Bought to Close SPY May 15 2026 640.0 Put @ 11.35 (sold for 15.30)
Bought to Close SPY May 15 2026 650.0 Put @ 14.10 (sold for 17.40)

AMZN

Taking the quickie.

Bought to Close AMZN May 01 2026 180.0 Put @ 2.38 (sold for 4.20)

SPX

Selling just inside the expected move and near my highest strike short puts. Come and get ’em!

Sold SPX Apr 17 6700/6705 Bear Call Spreads @ 1.20

SPX

Done for the week. Rolled everything on the bounce pre market. Every roll down and every credit is free money if we’re not having to roll LEAPS up! Could be a full year of this. 🙂 🙂 🙂

Rolled SPX Mar 30 6615.0 Put to Apr 06 6600.0 Put @ 4.50 credit (92.65 total now)
Rolled SPX Mar 30 6615.0 Puts to Apr 06 6600.0 Puts @ 4.50 credit (81.90 total now)
Rolled SPX Apr 02 6550.0 Put to Apr 10 6500.0 Put @ 7.05 credit (90.35 total now)
Rolled SPX Apr 02 6550.0 Put to Apr 10 6500.0 Put @ 7.05 credit (65.25 total now)

Ladder:

Rolled SPX Mar 30 6550.0 Put to Apr 07 6500.0 Put @ 9.40 credit (99.30 total now)
Rolled SPX Mar 31 6500.0 Put to Apr 08 6450.0 Put @ 25.00 credit (92.50 total now)
Rolled SPX Apr 01 6550.0 Put to Apr 09 6500.0 Put @ 8.00 credit (145.60 total now)
Rolled SPX Apr 02 6500.0 Put to Apr 10 6450.0 Put @ 17.00 credit (102.85 total now)

AMZN

Just for fun.

Sold AMZN May 01 2026 180.0 Put @ 4.20

SPY

Rolling the entire ladder to May to capture more of this high premium.

Rolled SPY Apr 17 2026 600.0 Put to May 15 2026 600.0 Put @ 5.45 credit (10.45 total now)
Rolled SPY Apr 17 2026 605.0 Put to May 15 2026 605.0 Put @ 5.67 credit (10.42 total now)
Rolled SPY Apr 17 2026 610.0 Put to May 15 2026 610.0 Put @ 5.90 credit (12.00 total now)
Rolled SPY Apr 17 2026 615.0 Put to May 15 2026 615.0 Put @ 6.10 credit (12.25 total now)
Rolled SPY Apr 17 2026 620.0 Put to May 15 2026 620.0 Put @ 6.20 credit (11.60 total now)
Rolled SPY Apr 17 2026 625.0 Put to May 15 2026 625.0 Put @ 6.25 credit (14.46 total now)
Rolled SPY Apr 17 2026 630.0 Put to May 15 2026 630.0 Put @ 6.25 credit (13.31 total now)
Rolled SPY Apr 17 2026 640.0 Put to May 15 2026 640.0 Put @ 6.15 credit (15.30 total now)
Rolled SPY Apr 17 2026 650.0 Put to May 15 2026 650.0 Put @ 5.80 credit (17.43 total now)

Rolled SPY Apr 17 2026 350.0 Puts to May 15 2026 360.0 Puts @ .35 debit

Sold SPY May 15 2026 595.0 Put @ 9.63

If I were to take assignment at these levels basis would be 606.35

SPX

Rolled SPX Mar 27 6580.0 Puts to Apr 02 6550.0 Puts @ 6.50 credit (83.30 total now)
Rolled SPX Mar 27 6580.0 Puts to Apr 02 6550.0 Puts @ 6.50 credit (58.20 total now)

Ladder:

Rolled SPX Mar 27 6525.0 Put to Apr 06 6475.0 Put @ 31.15 credit (121.45 total now)

SPY

Added one more:

Sold SPY Apr 17 2026 605.0 Put @ 4.75

SPY

Filling in some more of the ladder.

Sold SPY Apr 17 2026 615.0 Put @ 6.15
Sold SPY Apr 17 2026 625.0 Put @ 8.21

SPX

Rolled SPX Mar 26 6600.0 Puts to Mar 27 6580.0 Puts @ 5.65 credit (51.70 total now)
Rolled SPX Mar 26 6600.0 Puts to Mar 27 6580.0 Puts @ 5.65 credit (76.80 total now)

Rolled SPX Mar 27 6650.0 Puts to Mar 30 6615.0 Puts @ .25 credit (88.15 total now)

Ladder:

Rolled SPX Mar 26 6550.0 Put to Apr 02 6500.0 Put @ 52.50 credit (85.85 total now)

SPX

Bought to Close SPX Apr 17 7000/7005 Bear Call Spreads @ .35 (sold for 1.40)

SPX

Rolled SPX Mar 25 6615.0 Puts to Mar 26 6600.0 Puts @ 10.00 credit (46.05 total now)
Rolled SPX Mar 25 6615.0 Puts to Mar 26 6600.0 Puts @ 10.00 credit (71.15 total now)

Ladder:

Rolled SPX Mar 25 6550.0 Put to Apr 01 6550.0 Put @ 60.00 credit (137.65 total now)
Rolled SPX Mar 27 6450.0 Put to Mar 27 6525.0 Put @ 12.00 credit (90.30 total now)

SPX

Rolled SPX Mar 24 6625.0 Puts to Mar 25 6615.0 Puts @ 1.50 credit (36.05 total now)
Rolled SPX Mar 24 6625.0 Puts to Mar 25 6615.0 Puts @ 1.50 credit (61.15 total now)

Ladder:

Rolled SPX Mar 24 6575.0 Put to Mar 31 6500.0 Put @ 39.00 credit (67.50 total now)

SPX

Out all day so rolled pre market and right at the open.

Rolled SPX Mar 23 6625.0 Puts to Mar 24 6625.0 Puts @ 14.00 credit (59.70 total now)
Rolled SPX Mar 23 6655.0 Puts to Mar 24 6625.0 Puts @ .30 credit (34.60 total now)

Rolled SPX Mar 23 6690.0 Put to Mar 27 6650.0 Put @ 13.50 credit (87.90 total now)
Rolled SPX Mar 23 6695.0 Puts to Mar 27 6650.0 Puts @ 10.00 credit (77.40 total now)

Ladder:

Rolled SPX Mar 23 6550.0 Put to Mar 30 6550.0 Put @ 53.40 credit (89.90 total now)

SPY

Adding. Standing order filled late day.

Sold SPY Apr 17 2026 600.0 Put @ 5.00

SPX

Out all day tomorrow so rolling to Monday and beyond.

Rolled SPX Mar 19 6705.0 Put to Mar 23 6690.0 Put @ even (74.40 total now)
Rolled SPX Mar 19 6705.0 Puts to Mar 23 6695.0 Puts @ 1.30 credit (67.45 total now)
Rolled SPX Mar 19 6675.0 Puts to Mar 23 6655.0 Puts @ 3.30 credit (34.30 total now)
Rolled SPX Mar 19 6650.0 Puts to Mar 23 6625.0 Puts @ 9.50 credit (45.70 total now)

Rolled SPX Mar 20 6800.0 Puts to Apr 17 6730.0 Puts @ 2.25 credit (56.40 total now)

Ladder:

Rolled SPX Mar 19 6600.0 Put to Mar 25 6550.0 Put @ 34.00 credit (77.65 total now)
Rolled SPX Mar 20 6475.0 Put to Mar 27 6450.0 Put @ 40.00 credit (78.30 total now)

SPY

Adding.

Sold SPY Apr 17 2026 610.0 Put @ 6.10

SPY

Re-loading.

Sold SPY Apr 17 2026 620.0 Put @ 5.40
Sold SPY Apr 17 2026 630.0 Put @ 7.06
Sold SPY Apr 17 2026 640.0 Put @ 9.15
Sold SPY Apr 17 2026 650.0 Put @ 11.63

SPX

Out but not down. Maybe get a post Powell bounce. SPX basically unchanged for the week now.

Rolled SPX Mar 18 6650.0 Puts to Mar 19 6650.0 Puts @ 28.00 credit (36.20 total now)
Rolled SPX Mar 18 6675.0 Puts to Mar 19 6675.0 Puts @ 18.00 credit (31.00 total now)
Rolled SPX Mar 18 6725.0 Puts to Mar 19 6705.0 Puts @ 1.50 credit (66.15 total now)
Rolled SPX Mar 18 6725.0 Put to Mar 19 6705.0 Put @ 1.75 credit (74.40 total now)

SPY

Taking about 35 percent a month early.

Bought to Close SPY Apr 17 2026 600.0 Put @ 2.35 (sold for 5.00)
Bought to Close SPY Apr 17 2026 610.0 Put @ 2.96 (sold for 4.90)
Bought to Close SPY Apr 17 2026 620.0 Put @ 3.80 (sold for 6.20)
Bought to Close SPY Apr 17 2026 630.0 Put @ 4.90 (sold for 7.60)
Bought to Close SPY Apr 17 2026 640.0 Put @ 6.32 (sold for 9.35)
Bought to Close SPY Apr 17 2026 650.0 Put @ 8.20 (sold for 11.50)

SPX

Happy Fed Day Eve!!

Bought to Close SPX Mar 17 6650.0 Puts @ .15 (sold for 56.55)
Bought to Close SPX Mar 17 6680.0 Puts @ .20 (sold for 53.50)

Sold SPX Mar 18 6650.0 Puts @ 8.20
Sold SPX Mar 18 6675.0 Puts @ 13.00

Rolled SPX Mar 17 6740.0 Puts to Mar 18 6725.0 Puts @ 10.20 credit (64.65 total now)
Rolled SPX Mar 17 6740.0 Put to Mar 18 6725.0 Put @ 10.00 credit (72.65 total now)

Ladder:

Bought to Close SPX Mar 17 6625.0 Put @ .15 (sold for 36.50)
Bought to Close SPX Mar 18 6525.0 Put @ .85 (sold for 32.90)

Rolled SPX Mar 19 6500.0 Put to Mar 19 6600.0 Put @ 7.15 credit (43.65 total now)

Sold SPX Mar 24 6575.0 Put @ 28.50
Sold SPX Mar 26 6550.0 Put @ 33.35

SPX

Rolling tomorrow’s ladder position up to the expected move.

Rolled SPX Mar 17 6550.0 Put to Mar 17 6625.0 Put @ 8.00 credit (36.50 total now)

SPX

Rolling on the bounce.

Rolled SPX Mar 16 6675.0 Puts to Mar 17 6650.0 Puts @ 8.05 credit (56.55 total now)
Rolled SPX Mar 16 6700.0 Puts to Mar 17 6680.0 Puts @ 7.60 credit (53.50 total now)
Rolled SPX Mar 16 6750.0 Puts to Mar 17 6740.0 Puts @ 4.00 credit (54.45 total now)
Rolled SPX Mar 16 6750.0 Put to Mar 17 6740.0 Put @ 4.30 credit (62.65 total now)

Ladder:

Bought to Close SPX Mar 16 6575.0 Put @ 1.50 (sold for 25.00)

Sold SPX Mar 23 6550.0 Put @ 36.50

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)