SPX

Same strikes (almost) all week in an unchanged market with VIX 20. Love it!

Rolled SPX Apr 23 2026 7075.0 Puts to Apr 24 2026 7075.0 Puts @ 8.00 credit (32.00 total now)
Rolled SPX Apr 23 2026 7100.0 Puts to Apr 24 2026 7100.0 Puts @ 10.50 credit (41.25 total now)
Rolled SPX Apr 23 2026 7125.0 Puts to Apr 24 2026 7125.0 Puts @ 12.00 credit (55.35 total now)

SPX

Rolled SPX Apr 22 2026 7075.0 Puts to Apr 23 2026 7075.0 Puts @ 9.40 credit (24.00 total now)
Rolled SPX Apr 22 2026 7075.0 Puts to Apr 23 2026 7100.0 Puts @ 16.15 credit (30.75 total now)
Rolled SPX Apr 22 2026 7125.0 Puts to Apr 23 2026 7125.0 Puts @ 11.50 credit (43.35 total now)

SPX

Bought to Close SPX Apr 21 2026 7025.0 Puts @ .95 (sold for 16.90)
Bought to Close SPX Apr 21 2026 7050.0 Puts @ 1.85 (sold for 23.80)

Sold SPX Apr 22 2026 7075.0 Puts @ 14.45 and 14.90
Sold SPX Apr 22 2026 7125.0 Puts @ 31.85

SPX

Rolled pre-market. Still well off the overnight lows. Mr. Market come and get ’em I dare ya!

Rolled SPX Apr 20 2026 7000.0 Puts to Apr 21 2026 7025.0 Puts @ 10.00 credit (16.90 total now)
Rolled SPX Apr 20 2026 7025.0 Puts to Apr 21 2026 7050.0 Puts @ 13.75 credit (23.75 total now)

SPX

Rolled SPX Dec 2030 7000.0 Puts to Dec 2030 7100.0 Puts @ 27.60 debit

SPX

Bought to Close SPX Apr 17 2026 6950.0 Puts @ .60 (sold for 17.75)
Bought to Close SPX Apr 17 2026 6950.0 Puts @ .60 (sold for 25.40)
Bought to Close SPX Apr 17 2026 6975.0 Puts @ .75 (sold for 38.95)
Bought to Close SPX Apr 17 2026 7000.0 Puts @ 1.35 (sold for 44.95)

Sold SPX Apr 20 2026 7000.0 Puts @ 6.90
Sold SPX Apr 20 2026 7025.0 Puts @ 10.00

SPX

Busy morning so all rolled pre-market.

Rolled SPX Apr 16 2026 6900.0 Puts to Apr 17 2026 6950.0 Puts @ 5.35 credit (17.75 total now)
Rolled SPX Apr 16 2026 6925.0 Puts to Apr 17 2026 6950.0 Puts @ 5.15 credit (25.40 total now)
Rolled SPX Apr 16 2026 6950.0 Puts to Apr 17 2026 6975.0 Puts @ 7.60 credit (38.95 total now)
Rolled SPX Apr 16 2026 6975.0 Puts to Apr 17 2026 7000.0 Puts @ 11.25 credit (44.95 total now)

SPX

I miss the good ‘ol days of VIX 30…..a week ago 🙂 🙂 🙂

Rolled SPX Apr 15 2026 6850.0 Puts to Apr 16 2026 6900.0 Puts @ 5.00 credit (12.40 total now)
Rolled SPX Apr 15 2026 6875.0 Puts to Apr 16 2026 6925.0 Puts @ 8.00 credit (20.25 total now)
Rolled SPX Apr 15 2026 6900.0 Puts to Apr 16 2026 6950.0 Puts @ 11.00 credit (31.35 total now)
Rolled SPX Apr 15 2026 6925.0 Puts to Apr 16 2026 6975.0 Puts @ 18.00 credit (33.70 total now)

SPX

SPX up 10 percent in two weeks. Let’s see if we can put a lid on it for awhile.

Did the regular positions pre-market (yay!!) and the ladder adjustments about an hour after the open. (boo!!)

Bought to Close SPX Apr 14 2026 6725.0 Puts @ .15 (sold for 14.05)
Bought to Close SPX Apr 14 2026 6775.0 Puts @ .25 (sold for 18.75)
Bought to Close SPX Apr 14 2026 6800.0 Puts @ .40 (sold for 27.60)

Sold SPX Apr 15 2026 6850.0 Puts @ 7.40
Sold SPX Apr 15 2026 6875.0 Puts @ 12.25
Sold SPX Apr 15 2026 6900.0 Puts @ 20.00

Moving the ladder into my daily sales by just adding another rung.

Bought to Close SPX Apr 14 2026 6700.0 Put @ .15 (sold for 24.00)
Bought to Close SPX Apr 15 2026 6700.0 Put @ .80 (sold for 29.60)
Bought to Close SPX Apr 16 2026 6675.0 Put @ 1.75 (sold for 30.35)
Bought to Close SPX Apr 17 2026 6675.0 Put @ 3.30 (sold for 33.10)
Bought to Close SPX Apr 20 2026 6700.0 Put @ 6.70 (sold for 49.50)

Sold SPX Apr 15 2026 6925.0 Puts @ 15.70

SPX

Rolled SPX Apr 13 6725.0 Puts to Apr 14 6725.0 Puts @ 7.00 credit (13.80 total now)
Rolled SPX Apr 13 6750.0 Puts to Apr 14 6775.0 Puts @ 9.25 credit (18.75 total now)
Rolled SPX Apr 13 6775.0 Puts to Apr 14 6800.0 Puts @ 14.00 credit (27.60 total now)

Ladder:

Rolled SPX Apr 13 6700.0 Put to Apr 20 6700.0 Put @ 30.00 credit (49.50 total now)

SPX

Another round:

Bought to Close SPX Apr 10 6700.0 Puts @ .35 (sold for 5.25)
Bought to Close SPX Apr 10 6725.0 Puts @ .60 (sold for 7.25)
Bought to Close SPX Apr 10 6750.0 Puts @ 1.00 (sold for 10.85)

Sold SPX Apr 13 6725.0 Puts @ 6.60
Sold SPX Apr 13 6750.0 Puts @ 9.35
Sold SPX Apr 13 6775.0 Puts @ 13.00

Adding:

Bought SPX Dec 2030 6900.00 Puts @ 760.00

Sold SPX Apr 13 6725.0 Put @ 7.60
Sold SPX Apr 13 6750.0 Put @ 10.00
Sold SPX Apr 13 6775.0 Puts @ 14.00

SPX

Rolling up the entire ladder.

Rolled SPX Apr 13 6625.0 Put to Apr 13 6700.0 Put @ 5.00 credit (19.50 total now)
Rolled SPX Apr 14 6625.0 Put to Apr 14 6700.0 Put @ 6.50 credit (24.00 total now)
Rolled SPX Apr 15 6625.0 Put to Apr 15 6700.0 Put @ 8.00 credit (29.60 total now)
Rolled SPX Apr 16 6625.0 Put to Apr 16 6675.0 Put @ 5.25 credit (30.35 toal now)
Rolled SPX Apr 17 6600.0 Put to Apr 17 6675.0 Put @ 8.10 credit (33.10 toal now)

SPX

Bought to Close SPX Apr 09 6675.0 Puts @ .25 (sold for 7.50 and 8.50)
Bought to Close SPX Apr 09 6700.0 Puts @ .35 (sold for 11.00)

Sold SPX Apr 10 6700.0 Puts @ 5.25
Sold SPX Apr 10 6725.0 Puts @ 7.25
Sold SPX Apr 10 6750.0 Puts @ 10.85

SPX Final Numbers

Final numbers are in on the Traditional IRA. It was a long slow process but gradually building as gains accumulated turned it into a great setup. Couldn’t be happier with how these have performed through all the paper trading, experimenting live with tiny positions and then finally really going for it. Nice to see it’s all working about how I imagined in up, down, and sideways markets. Let’s keep going!!

#FuzzyLEAPs

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
3 added in Feb 2026

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

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

Total Cost:

937858.45

Total credit to close LEAPS:

885019.00

Loss on LEAPS:

-52839.45

Total premium received:

918083.85

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

Net gain:

865244.40

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

SPY

Another quickie.

Bought to Close SPY May 15 2026 600.0 Puts @ 2.14 (sold for 4.90)
Bought to Close SPY May 15 2026 610.0 Puts @ 2.60 (sold for 6.00)
Bought to Close SPY May 15 2026 620.0 Puts @ 3.20 (sold for 8.00)

SPX

I thought this loser deserved it’s own post. Thank you for taking the heat!!!

Bought to Close SPX Apr 17 2026 6700/6705 Bear Call Spreads @ 3.80 (sold for 1.45)

SPX

Monumental day in SPX. Closed all short puts booking the gains and resetting everything. This includes finally getting out of my last 3 positions in the Traditional IRA. Roth conversion can be completed now and all gains going forward will be tax free!!!

Bought to Close SPX Apr 08 6450.0 Put @ .30 (sold for 92.50)
Bought to Close SPX Apr 08 6525.0 Put @ .55 (sold for 106.15)
Bought to Close SPX Apr 08 6525.0 Puts @ .50 (sold for 96.35)
Bought to Close SPX Apr 09 6500.0 Put @ 1.15 (sold for 145.60)
Bought to Close SPX Apr 10 6450.0 Put @ 1.75 (sold for 102.85)
Bought to Close SPX Apr 10 6500.0 Puts @ 2.15 (sold for 90.35)
Bought to Close SPX Apr 10 6500.0 Puts @ 2.15 (sold for 65.25)
Bought to Close SPX Apr 13 6500.0 Put @ 4.10 (sold for 42.00)
Bought to Close SPX Apr 17 6700.0 Put @ 38.90 (sold for 135.60)
Bought to Close SPX Apr 17 6730.0 Puts @ 46.50 (sold for 56.40)

Sold to Close SPX Dec 2030 7000.0 Puts @ 800.00

And reloading:

Sold SPX Apr 09 6675.0 Puts @ 7.50 and 8.50
Sold SPX Apr 09 6700.0 Puts @ 11.00

New Ladder:

Sold SPX Apr 13 6625.0 Put @ 14.50
Sold SPX Apr 14 6625.0 Put @ 17.50
Sold SPX Apr 15 6625.0 Put @ 21.60
Sold SPX Apr 16 6625.0 Put @ 25.10
Sold SPX Apr 17 6600.0 Put @ 25.00

SPX

These filled 90 seconds apart. Amazing what small moves in SPX will do when everyone is so jumpy. 🙂 🙂

Rolled SPX Apr 07 6575.0 Put to Apr 08 6525.0 Put @ 8.50 credit (106.15 total now)
Rolled SPX Apr 07 6575.0 Puts to Apr 08 6525.0 Puts @ 9.50 credit (96.35 total now)

SPY

Reloading out in May:

Sold SPY May 15 2026 600.0 Puts @ 4.90
Sold SPY May 15 2026 610.0 Puts @ 6.00
Sold SPY May 15 2026 620.0 Puts @ 8.00

SPX

Adding:

Sold SPX Apr 17 2026 6700/6705 Bear Call Spreads @ 2.00

SPX

Friday was supposed to be my ladder roll to the 17th but let’s have some fun. Closing tomorrow a day early and sending it out as protection for my Apr 17th 6700/6705 Bear Call Spreads.

Bought to Close SPX Apr 07 6500.0 Put @ 5.10 (sold for 99.30)

Sold SPX Apr 17 2026 6700.0 Put @ 135.60

SPX

Ladder:

Sold SPX Apr 13 6500.0 Put @ 42.00

SPX

Rolled SPX Apr 06 6600.0 Put to Apr 07 6575.0 Put @ 5.00 credit (97.65 total now)
Rolled SPX Apr 06 6600.0 Puts to Apr 07 6575.0 Puts @ 5.00 credit (86.85 total now)

Ladder:

Leaving uncovered until Trump starts talking. Hopefully a dip for nice fill on Apr 13th.

Bought to Close SPX Apr 06 6475.0 Put @ .55 (sold for 121.40)

SPY

Taking over half in a day.

Bought to Close SPY Apr 17 2026 605.0 Puts @ 1.25 (sold for 2.75)
Bought to Close SPY Apr 17 2026 610.0 Puts @ 1.55 (sold for 3.45)
Bought to Close SPY Apr 17 2026 615.0 Puts @ 1.76 (sold for 3.91)
Bought to Close SPY Apr 17 2026 620.0 Puts @ 2.14 (sold for 5.01)
Bought to Close SPY Apr 17 2026 625.0 Puts @ 2.85 (sold for 5.89)

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