Added at the open.
Sold SPY Dec 19 2025 610.0 Put @ 4.00
Sold SPY Dec 19 2025 615.0 Put @ 4.53
Sold SPY Dec 19 2025 620.0 Put @ 4.58
Added at the open.
Sold SPY Dec 19 2025 610.0 Put @ 4.00
Sold SPY Dec 19 2025 615.0 Put @ 4.53
Sold SPY Dec 19 2025 620.0 Put @ 4.58
Starter. Outside the expected move and just above the 200 day.
Sold SPY Dec 19 2025 625.0 Put @ 4.00
The horizontal white lines are the Friday close and the upper and lower edges of the SPX weekly expected move. I reset these every weekend just to have a reference. Amazing how often they turn out to be pretty accurate. Yesterday rallied to the top now selling back into the middle. Still above where we closed last Friday.
Could probably do pretty good fading those levels. Sell call spreads when upper edge is hit and sell put spreads when lower edge is hit.
The blue lines are where my SPX short put strikes are and yellow and red are 20 day and 50 day moving averages. That’s about it on my charts.
A couple standing orders hit while I was out this morning.
Rolled SPX Nov 7 2025 6750.0 Put to Nov 14 2025 6750.0 Put @ 30.00 credit (65.00 total now)
Booked a gain on a hedge:
Sold to Close SPX Dec 21 2029 6000/5500 Bear Put Spread @ 113.00 (bought for 102.60)
Rolling out a week but maintaining same strikes for now.
Rolled SPX Nov 6 2025 6850.0 Puts to Nov 14 2025 6850.0 Puts @ 12.50 credit (82.90 total now)
Rolled SPX Nov 7 2025 6850.0 Puts to Nov 14 2025 6850.0 Puts @ 13.00 credit (72.05 total now)
Rolled SPY Nov 7 2025 682.0 Puts to Nov 14 2025 682.0 Puts @ 1.50 credit (6.00 total now)
Leaving the lid on. Come get it Mr. Market. Rolling on the bounce.
Rolled SPX Nov 7 2025 6900.0 Put to Nov 14 2025 6900.0 Put @ 15.00 credit (100.50 total now)
Straight roll (again). 🙂 🙂 🙂 Of course get a bigger bounce after getting filled.
Rolled SPX Nov 5 2025 6850.0 Puts to Nov 6 2025 6850.0 Puts @ 1.00 credit (70.40 total now)
Rolled SPY as well for .35 credit…..
Straight roll (again). 🙂 🙂 🙂
Rolled SPX Nov 4 2025 6850.0 Puts to Nov 5 2025 6850.0 Puts @ 6.50 credit (69.40 total now)
Straight roll (again).
Rolled SPY Nov 4 2025 682.0 Puts to Nov 5 2025 682.0 Puts @ .80 credit (4.20 total now)
Adding one. Maybe a little bounce when the Gubment shutdown ends this week.
Sold SPX Nov 7 2025 6750.0 Put @ 35.00
First roll of a new SPY position in a different account.
New position is Jan 2028 680/680/720
Rolled SPY Nov 3 2025 682.0 Puts to Nov 4 2025 682.0 Puts @ 1.09 credit (3.40 total now)
Another straight roll. Rolling all but one. Waiting to see how the day goes. Either roll it later or leave it uncovered for awhile for downside help.
Rolled SPX Nov 3 2025 6850.0 Puts to Nov 4 2025 6850.0 Puts @ 10.50 credit (62.65 total now)
Expired:
SPX Oct 31 2025 6800.0 Put (Sold for 12.50)
Been running this in my own account as a test before moving over to my daughter’s account. Wanted to make sure SPY worked similar to SPX. Here’s the results for 8 weeks total on a 5 lot.
Set position on Sep 4th and rolled them up on Oct 21 (Dec 2027 660/660/700)
Closed position this afternoon.
Loss on LEAPS of 4425
Total premium received: 12465
Net gain: 8040
Net gain per position: 1608
Works fine but I feel like SPX works a little better. Maybe because SPX LEAPS are a lot further out in time…not really sure. Still overall I’ll use it until the account grows enough to switch over to SPX. SPX has no early assignment risk and better tax treatment also.
New position now in different account is Jan 2028 680/680/720
Straight roll:
Rolled SPX Oct 31 2025 6850.0 Puts to Nov 3 2025 6850.0 Puts @ 10.00 credit (51.90 total now)
And out and down to next Friday for nice credit:
Rolled SPX Oct 31 2025 6875.0 Puts to Nov 7 2025 6850.0 Puts @ 12.00 credit (58.90 total now)
Straight roll.
Rolled SPY Oct 31 2025 682.0 Puts to Nov 3 2025 682.0 Puts @ 1.25 credit (4.80 total now)
Leaving the lid on. Rolled on the opening bounce. Sitting on everything else for now.
Rolled SPX Oct 31 2025 6900.0 Put to Nov 7 2025 6900.0 Put @ 25.00 credit (85.50 total now)
Straight rolls everywhere today.
Rolled SPX Oct 30 2025 6850.0 Puts to Oct 31 2025 6850.0 Puts @ 15.00 credit (41.90 total now)
Rolled SPX Oct 30 2025 6875.0 Puts to Oct 31 2025 6875.0 Puts @ 12.50 credit (46.90 total now)
Straight roll.
Rolled SPY Oct 30 2025 682.0 Puts to Oct 31 2025 682.0 Puts @ 1.05 credit (3.55 total now)
Adding one for an earnings play.
Sold SPX Oct 31 2025 6800.0 Put @ 12.50
Rolling. Great premium rest of the week.
Rolled SPX Oct 29 2025 6850.0 Puts to Oct 30 2025 6850.0 Puts @ 12.50 credit (27.00 total now)
Rolled SPX Oct 29 2025 6850.0 Puts to Oct 30 2025 6875.0 Puts @ 20.00 credit (34.45 total now)
And:
Rolled SPY Oct 29 2025 682.0 Puts to Oct 30 2025 682.0 Puts @ .95 credit (2.47 total now)
Throwing this out there under my LEAPS for some extra downside help just in case. Long put at the 200 day.
Bought to Open SPX Dec 21 2029 6000/5500 Bear Put Spread @ 102.60
Rolling. Great premium rest of the week.
Rolled SPX Oct 28 2025 6825.0 Puts to Oct 29 2025 6850.0 Puts @ 9.00 credit (13.65 total now)
Rolled SPX Oct 28 2025 6850.0 Puts to Oct 29 2025 6850.0 Puts @ 7.50 credit (16.90 total now)
And:
Rolled SPY Oct 28 2025 680.0 Puts to Oct 29 2025 682.0 Puts @ 1.06 credit (1.54 total now)
Crazy market. All news is good news!
Bought to Close SPX Oct 27 2025 6725.0 Puts @ .10 (sold for 5.20)
Bought to Close SPX Oct 27 2025 6750.0 Puts @ .15 (sold for 7.30)
Sold SPX Oct 28 2025 6825.0 Puts @ 4.60
Sold SPX Oct 28 2025 6850.0 Puts @ 9.40
Sold SPX Oct 31 2025 6900.0 Put @ 60.50
Some new carpet in the rental houses:
Rolled Jan 2029 6600 long puts up to Jan 2029 6800 long puts
Rolled Jan 2029 6600/7000 BeCS to Jan 2029 6800/7200 BeCS
Net debit for the whole thing: 60.75 per house
SPY experiment continues. Same setup as SPX.
Expiring:
SPY Oct 24 2025 670.0 Puts (sold for 5.20)
And:
Sold SPY Oct 27 2025 673.0 Puts @ .80
Been rolling these for awhile. I’ll go ahead and book ’em and reset.
Bought to Close SPX Oct 24 2025 6675.0 Puts @ .20 (sold for 31.90)
Bought to Close SPX Oct 24 2025 6700.0 Puts @ .30 (sold for 37.15)
Bought to Close SPX Oct 24 2025 6725.0 Put @ .35 (sold for 123.55)
Sold SPX Oct 27 2025 6725.0 Puts @ 5.20
Sold SPX Oct 27 2025 6750.0 Puts @ 7.30
I’ll take it for a little one day scalp. Big day tomorrow if 6700 and 6725 hold….
Bought to Close SPX Oct 24 2025 6530.0 Put @ .60 (sold for 7.50)
Back to unchanged on the week. Selling the bottom of the expected move.
Sold SPX Oct 24 2025 6530.0 Put @ 7.50
Rolling half.
Rolled SPX Oct 24 2025 6675.0 Puts to Oct 24 2025 6700.0 Puts @ 5.25 credit (37.15 total now)
Maintenance on the rentals and raising rent. 🙂 🙂
Rolled SPY Dec 2027 650/650/690 to Dec 2027 660/660/700 @ 4.05 debit
Rolled SPY Oct 24 2025 665.0 Puts to Oct 24 2025 670.0 Puts @ 1.05 credit (5.20 total now)
Taking over half a month early.
Bought to Close SPY Nov 21 2025 605.0 Put @ 2.17 (sold for 4.95)
Bought to Close SPX Nov 21 2025 6100.0 Put @ 24.50 (sold for 51.00)
Using the morning “bounce” to roll to next Friday.
Rolled SPY Oct 20 2025 668.0 Puts to Oct 24 2025 665.0 Puts @ .75 credit (4.15 total now)
Using the morning “bounce” to roll everything to next Friday. A few weeks or longer of rolling down isn’t a bad thing. LEAPS aren’t losing and still bringing in credit and resetting short puts lower. This strategy can handle a little backwardation but the rolls get tougher if backwardation steepens to levels it was at back in April.
And…..2029 is a long way off! LOL
Rolled SPX Oct 17 2025 6715.0 Puts to Oct 24 2025 6675.0 Puts @ 3.00 credit (27.70 total now)
Rolled SPX Oct 20 2025 6700.0 Puts to Oct 24 2025 6675.0 Puts @ 10.00 credit (36.20 total now)
Going out to Nov and selling the 200 day.
Sold SPX Nov 21 2025 6100.0 Put @ 51.00
Starter at the 200 day (again):
Sold SPY Nov 21 2025 605.0 Put @ 4.95
Rolled SPY Oct 17 2025 669.0 Puts to Oct 20 2025 668.0 Puts @ .40 credit (3.40 total now)
A few adjustments.
Rolling half:
Rolled SPX Oct 17 2025 6715.0 Puts to Oct 20 2025 6700.0 Puts @ 1.50 credit (26.20 total now)
And:
Rolled SPX Oct 17 2025 6750.0 Put to Oct 24 2025 6725.0 Put @ 11.00 credit (123.45 total now)
Taking these on the bounce.
Bought to Close SPX Oct 17 2025 6350.0 Put @ 1.50 (sold for 11.00)
Bought to Close SPY Nov 21 2025 605.0 Put @ 2.53 (sold for 4.27)
Sold SPX Oct 17 2025 6350.0 Put @ 11.00
Sold SPY Nov 21 2025 605.0 Put @ 4.27
I’ll take it. Baby TACO.
Bought to Close SPY Nov 21 2025 600.0 Put @ 2.39 (sold yesterday for 4.35)
Out and down to Friday.
Rolled SPX Oct 13 2025 6725.0 Puts to Oct 17 2025 6715.0 Puts @ 2.00 credit (23.50 total now)
Rolled SPX Oct 13 2025 6730.0 Puts to Oct 17 2025 6715.0 Puts @ 1.00 credit (25.20 total now)
Also filled before the drop.
Rolled SPY Oct 10 2025 670.0 Puts to Oct 13 2025 670.0 Puts @ .90 credit (2.40 total now)
And a starter at the 200 day after the drop:
Sold SPY Nov 21 2025 600.0 Put @ 4.35
Driving most of the day. These were filled with standing orders prior to the drop. Same fills as yesterday:
Rolled SPX Oct 10 2025 6725.0 Puts to Oct 13 2025 6725.0 Puts @ 8.00 credit (21.50 total now)
Rolled SPX Oct 10 2025 6730.0 Puts to Oct 13 2025 6730.0 Puts @ 9.00 credit (24.20 total now)
Pulled over and added this one first chance I got:
Sold SPX Oct 13 2025 6600.0 Put @ 34.10
And finally…leaving the lid on with this one:
Rolled SPX Oct 10 2025 6750.0 Put to Oct 17 2025 6750.0 Put @ 3.00 credit (112.45 total now)
Straight rolls. Love it. Standing orders filled on these:
Rolled SPX Oct 09 2025 6725.0 Puts to Oct 10 2025 6725.0 Puts @ 8.00 credit (13.50 total now)
Rolled SPX Oct 09 2025 6730.0 Puts to Oct 10 2025 6730.0 Puts @ 9.00 credit (15.20 total now)
Had to chase this to get a fill just before the close:
Rolled SPX Oct 09 2025 6750.0 Put to Oct 10 2025 6750.0 Put @ 4.00 credit (109.45 total now)
Still messing around with a few of these. Same setup as SPX.
Bought to Close SPY Oct 08 2025 670.0 Puts @ .02 (sold for 7.10)
Sold SPY Oct 09 2025 670.0 Puts @ .60
I was going to keep tracking these as rolls until the end of the shutdown but….out on the road and just now got a chance to get today’s done. We’ll go ahead and book a few and reset.
Bought to Close SPX Oct 08 2025 6720.0 Puts @ .10 (sold for 41.70)
Bought to Close SPX Oct 08 2025 6725.0 Puts @ .10 (sold for 42.10)
One roll:
Rolled SPX Oct 08 2025 6750.0 Put to Oct 09 2025 6750.0 Put @ 10.00 credit (105.45 total now)
And:
Sold SPX Oct 09 2025 6725.0 Puts @ 5.50
Sold SPX Oct 09 2025 6730.0 Puts @ 6.20
Some light maintenance on the rental houses.
Rolled Jan 2029 6500 long puts up to Jan 2029 6600 long puts
Rolled Jan 2029 6500/6900 BeCS to Jan 2029 6600/7000 BeCS
Net debit for the whole thing: 30.50 per house
Early rolls. Out the rest of the day.
Rolled SPX Oct 07 2025 6715.0 Puts to Oct 08 2025 6720.0 Puts @ 5.00 credit (41.70 total now)
Rolled SPX Oct 07 2025 6715.0 Puts to Oct 08 2025 6725.0 Puts @ 5.40 credit (42.10 total now)
Rolled SPX Oct 07 2025 6750.0 Put to Oct 08 2025 6750.0 Put @ 6.25 credit (95.55 total now)
I wouldn’t mind some sideways to down for awhile.
Rolled SPX Oct 06 2025 6700.0 Puts to Oct 07 2025 6715.0 Puts @ 6.50 credit (36.70 total now)
Rolled SPX Oct 06 2025 6750.0 Put to Oct 07 2025 6750.0 Put @ 6.00 credit (89.30 total now)
I wouldn’t mind some sideways to down for awhile.
Rolled SPX Oct 03 2025 6675.0 Puts to Oct 06 2025 6700.0 Puts @ 5.50 credit (30.20 total now)
Rolled SPX Oct 03 2025 6730.0 Put to Oct 06 2025 6750.0 Put @ 16.75 credit (83.30 total now)
Rolling on the dip. Collapsing the ladder for simplicity. Will continue tracking everything as rolls until the gubment shutdown ends.
Rolled SPX Oct 02 2025 6630.0 Puts to Oct 03 2025 6675.0 Puts @ 5.55 credit (23.10 total now)
Rolled SPX Oct 02 2025 6640.0 Put to Oct 03 2025 6675.0 Put @ 6.25 credit (32.25 total now)
Rolled SPX Oct 02 2025 6650.0 Put to Oct 03 2025 6675.0 Put @ 5.50 credit (26.50 total now)
Rolled SPX Oct 02 2025 6725.0 Put to Oct 03 2025 6730.0 Put @ 9.25 credit (66.55 total now)
Rolling….
Rolled SPX Oct 01 2025 6600.0 Put to Oct 02 2025 6630.0 Put @ 7.00 credit (12.50 total now)
Rolled SPX Oct 01 2025 6625.0 Puts to Oct 02 2025 6630.0 Puts @ 7.00 credit (21.00 total now)
Rolled SPX Oct 01 2025 6625.0 Put to Oct 02 2025 6650.0 Put @ 12.00 credit (25.15 total now)
Rolled SPX Oct 01 2025 6630.0 Put to Oct 02 2025 6650.0 Put @ 5.00 credit (21.00 total now)
Rolled SPX Oct 01 2025 6640.0 Put to Oct 02 2025 6640.0 Put @ 7.00 credit (26.00 total now)
Rolled SPX Oct 01 2025 6650.0 Put to Oct 02 2025 6650.0 Put @ 7.50 credit (29.50 total now)
And to put a cap on the stupidity:
Rolled SPX Oct 01 2025 6650.0 Put to Oct 02 2025 6725.0 Put @ 35.00 credit (57.00 total now)
And:
Sold SPX Oct 02 2025 6630.0 Put @ 8.00
Rolled SPY Sep 30 2025 664.0 Puts to Oct 01 2025 664.0 Puts @ .75 credit (4.00 total now)
Rolling everything to tomorrow at the same strikes.
Rolled SPX Sep 30 2025 6625.0 Puts to Oct 01 2025 6625.0 Puts @ 7.00 credit (14.00 total now)
Rolled SPX Sep 30 2025 6630.0 Puts to Oct 01 2025 6630.0 Put @ 8.00 credit (16.00 total now)
Rolled SPX Sep 30 2025 6640.0 Put to Oct 01 2025 6640.0 Put @ 8.80 credit (19.00 total now)
Rolled SPX Sep 30 2025 6650.0 Puts to Oct 01 2025 6650.0 Puts @ 9.00 credit (22.00 total now)
And
Sold SPX Oct 01 2025 6600.0 Put @ 5.50
Some light maintenance on the rental houses. Amazing with the wide spreads I was filled at the exact same total as last roll on these.
Rolled Jan 2029 6400 long puts up to Jan 2029 6500 long puts
Rolled Jan 2029 6400/6800 BeCS to Jan 2029 6500/6900 BeCS
Net debit for the whole thing: 30.40 per house
Forgot to post this one.
Rolled SPY Sep 29 2025 664.0 Puts to Sep 30 2025 664.0 Puts @ 1.00 credit (3.25 total now)
Booking these as closing orders. I’ll start tracking new rolls until the end of the gubment shutdown just for fun. The extra volatility should help premiums.
One account: (leaving a few uncovered for a possible pullback)
Bought to Close SPX Sep 29 2025 6640.0 Puts @ .25 (sold for 21.75)
Bought to Close SPX Sep 29 2025 6650.0 Puts @ .95 (sold for 15.25)
Sold SPX Sep 30 2025 6625.0 Puts @ 6.50 and 8.50
Sold SPX Sep 30 2025 6630.0 Put @ 8.00
Sold SPX Sep 30 2025 6640.0 Put @ 10.20
Sold SPX Sep 30 2025 6650.0 Put @ 13.00
Another account:
Bought to Close SPX Sep 29 2025 6650.0 Puts @ 1.00 (sold for 25.55)
Sold SPX Sep 30 2025 6625.0 Put @ 6.15
Sold SPX Sep 30 2025 6650.0 Put @ 13.00
Nice bounce and volatility collapse so taking a quick 5.5 points.
Bought to Close SPY Oct 17 2025 635.0 Put @ 1.90 (sold for 3.55)
Bought to Close SPY Oct 17 2025 640.0 Put @ 2.37 (sold for 3.50)
Bought to Close SPY Oct 17 2025 645.0 Put @ 2.99 (sold for 4.06)
Bought to Close SPY Nov 21 2025 625.0 Put @ 4.90 (sold for 6.50)
Rolling on the opening bounce.
Rolled SPX Sep 26 2025 6650.0 Puts to Sep 29 2025 6650.0 Puts @ 7.00 credit (25.60 total now)
Rolled SPX Sep 26 2025 6650.0 Puts to Sep 29 2025 6640.0 Puts @ 3.00 credit (21.60 total now)
And:
Bought to Close SPX Sep 26 2025 6600.0 Put @ 2.80 (sold for 11.00)
Adding.
Sold SPY Nov 21 2025 625.0 Put @ 6.50
Rollout to Monday and down:
Rolled SPX Sep 25 2025 6660.0 Puts to Sep 29 2025 6650.0 Puts @ even (16.30 total now)
Roll to tomorrow:
Rolled SPX Sep 25 2025 6650.0 Puts to Sep 26 2025 6650.0 Puts @ 4.00 credit (18.60 total now)
Adding.
Sold SPY Oct 17 2025 635.0 Put @ 3.55
Rolled SPY Sep 24 2025 664.0 Puts to Sep 25 2025 664.0 Puts @ .50 credit (1.62 total now)
Rolling for decent credit.
Rolled SPX Sep 24 2025 6650.0 Puts to Sep 25 2025 6650.0 Puts @ 8.00 credit (14.60 total now)
Rolled SPX Sep 24 2025 6660.0 Puts to Sep 25 2025 6660.0 Puts @ 7.80 credit (16.30 total now)
Rolled SPX Sep 24 2025 6670.0 Put to Sep 25 2025 6660.0 Put @ 2.00 credit (13.15 total now)
Adding below the 50 day.
Sold SPY Oct 17 2025 640.0 Put @ 3.50
Starter at the 50 day.
Sold SPY Oct 17 2025 645.0 Put @ 4.06
Adding one out to Friday at the expected move.
Sold SPX Sep 26 2025 6600.0 Put @ 11.00
Early rolls.
Rolled SPX Sep 23 2025 6630.0 Puts to Sep 24 2025 6650.0 Puts @ 3.50 credit (5.80 total now)
Rolled SPX Sep 23 2025 6640.0 Puts to Sep 24 2025 6650.0 Puts @ 3.25 credit (6.25 total now)
Rolled SPX Sep 23 2025 6650.0 Puts to Sep 24 2025 6650.0 Puts @ 3.00 credit (6.80 total now)
Rolled SPX Sep 23 2025 6660.0 Puts to Sep 24 2025 6660.0 Puts @ 3.75 credit (8.55 total now)
Rolled SPX Sep 23 2025 6670.0 Puts to Sep 24 2025 6670.0 Put @ 4.75 credit (11.15 total now)
Another round.
Expiring: SPY Sep 22 2025 660.0 Puts (sold for .78)
Sold SPY Sep 23 2025 664.0 Puts @ .63
Buy every tiny dip!! What could go wrong? LOL
Bought to Close SPX Sep 22 2025 6600.0 Puts @ .20 (sold for 3.80)
Bought to Close SPX Sep 22 2025 6605.0 Put @ .15 (sold for 4.20)
Bought to Close SPX Sep 22 2025 6610.0 Put @ .20 (sold for 4.90)
Bought to Close SPX Sep 22 2025 6615.0 Put @ .20 (sold for 5.20)
Bought to Close SPX Sep 22 2025 6620.0 Put @ .25 (sold for 7.00)
Bought to Close SPX Sep 22 2025 6625.0 Put @ .25 (sold for 8.00)
Bought to Close SPX Sep 22 2025 6630.0 Put @ .60 (sold for 7.20)
Sold SPX Sep 23 2025 6630.0 Puts @ 2.30 and 4.10
Sold SPX Sep 23 2025 6640.0 Puts @ 3.00
Sold SPX Sep 23 2025 6650.0 Puts @ 3.80
Sold SPX Sep 23 2025 6660.0 Puts @ 4.80
Sold SPX Sep 23 2025 6670.0 Put @ 6.40
Missed the morning dip. No other decent entries after that.
Bought to Close SPX Sep 19 2025 6500.0 Puts @ .35 (sold for 37.45)
Bought to Close SPX Sep 19 2025 6570.0 Puts @ .30 (sold for 4.00)
Bought to Close SPX Sep 19 2025 6575.0 Put @ .35 (sold for 6.00)
Bought to Close SPX Sep 19 2025 6580.0 Put .35 (sold for 5.30)
Bought to Close SPX Sep 19 2025 6585.0 Put @ .35 (sold for 5.80)
Bought to Close SPX Sep 19 2025 6590.0 Put @ .35 (sold for 6.00)
Bought to Close SPX Sep 19 2025 6600.0 Puts @ .40 (sold for 8.00)
Sold SPX Sep 22 2025 6600.0 Puts @ 3.80
Sold SPX Sep 22 2025 6605.0 Put @ 4.20
Sold SPX Sep 22 2025 6610.0 Put @ 4.90
Sold SPX Sep 22 2025 6615.0 Put @ 5.20
Sold SPX Sep 22 2025 6620.0 Put @ 7.00
Sold SPX Sep 22 2025 6625.0 Put @ 8.00
Sold SPX Sep 22 2025 6630.0 Put @ 7.20
================================
Bought to Close SPY Sep 19 2025 659.0 Puts @ .08 (sold for 1.11)
Sold SPY Sep 22 2025 660.0 Puts @ .78