Jackson Hole

Thought you guys might get a kick out of this. I’m out in Wyoming and drove from Cody to Yellowstone to Jackson Hole. Just a little north of the town of Jackson Hole I saw this place that sounded familiar. Stopped and searched online and found this is their secret hideout. Had to go in and snoop around a little. 🙂 🙂 I think I spotted JP sitting out on the patio. Lots of old guys that looked like they were trying to blend in. Nice place too!! The big pow wow starts Thursday.

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SPX

Rolled these early in the pre market and forgot to post. Out all day today.

Rolled SPX Aug 24 2026 7700.0 Put to Aug 28 2026 7675.0 Put @ 11.00 credit
Rolled SPX Aug 24 2026 7675.0 Put to Aug 28 2026 7650.0 Put @ 18.50 credit

SPCX

Just for fun. Try to do this every week until Oct 16th. Earnings probably early Nov.

Sold SPCX Aug 28 2026 125.0 Puts @ 1.20

Against:

Bought to Open SPCX Oct 16 2026 70.0 Puts @ .23

SPX

Taking the dailies down and out a week.

Rolled SPX Aug 21 2026 7775.0 Puts to Aug 28 2026 7760.0 Puts @ even
Rolled SPX Aug 21 2026 7765.0 Puts to Aug 28 2026 7750.0 Puts @ 4.00 credit
Rolled SPX Aug 21 2026 7750.0 Puts to Aug 28 2026 7730.0 Puts @ 5.50 credit
Rolled SPX Aug 21 2026 7740.0 Puts to Aug 28 2026 7720.0 Puts @ 9.25 credit

Ladder:

Rolled SPX Aug 21 2026 7725.0 Puts to Aug 27 2026 7700.0 Puts @ 8.35 credit
Rolled SPX Aug 21 2026 7700.0 Puts to Aug 27 2026 7675.0 Puts @ 17.25 credit

SPY

Just in case they’re needed.

Bought to Open SPY Oct 16 2026 400.0 Puts @ .09

SPX

Just a couple in the ladder today.

Rolled SPX Aug 20 2026 7725.0 Put to Aug 26 2026 7700.0 Put @ 7.00 credit
Rolled SPX Aug 20 2026 7700.0 Put to Aug 26 2026 7675.0 Put @ 14.10 credit

SPX

Just a couple in the ladder today.

Bought to Close SPX Aug 19 2026 7650.0 Put @ .15 (sold for 13.80)
Bought to Close SPX Aug 19 2026 7675.0 Put @ .30 (sold for 18.50)

Sold SPX Aug 25 2026 7650.0 Put @ 16.50
Sold SPX Aug 25 2026 7675.0 Put @ 22.00

SPX

Roll to Friday:

Rolled SPX Aug 18 2026 7750.0 Puts to Aug 21 2026 7740.0 Puts @ 3.00 credit
Rolled SPX Aug 18 2026 7760.0 Puts to Aug 21 2026 7750.0 Puts @ even
Rolled SPX Aug 18 2026 7770.0 Puts to Aug 21 2026 7765.0 Puts @ 2.50 credit
Rolled SPX Aug 18 2026 7780.0 Puts to Aug 21 2026 7775.0 Puts @ even

And:

Roll to the day before NVDA earnings.

Rolled SPX Aug 18 2026 7825.0 Puts to Aug 25 2026 7825.0 Puts @ 1.15 credit

SPX

Copy/paste Friday.

Rolled SPX Aug 17 2026 7750.0 Puts to Aug 18 2026 7750.0 Puts @ 5.50 credit
Rolled SPX Aug 17 2026 7760.0 Puts to Aug 18 2026 7760.0 Puts @ 6.90 credit
Rolled SPX Aug 17 2026 7770.0 Puts to Aug 18 2026 7770.0 Puts @ 7.90 credit
Rolled SPX Aug 17 2026 7780.0 Puts to Aug 18 2026 7780.0 Puts @ 8.00 credit

And:

Rolled SPX Aug 17 2026 7825.0 Puts to Aug 18 2026 7825.0 Puts @ 1.10 credit

Ladder: (a day early)

Bought to Close SPX Aug 18 2026 7600.0 Put @ .35 (sold for 10.35)
Bought to Close SPX Aug 18 2026 7625.0 Put @ .40 (sold for 12.80)

Sold SPX Aug 24 2026 7675.0 Put @ 10.50
Sold SPX Aug 24 2026 7700.0 Put @ 14.10

SPX

Taking care of Monday’s ladder early.

Bought to Close SPX Aug 17 2026 7625.0 Put @ .55 (sold for 10.95)
Bought to Close SPX Aug 17 2026 7650.0 Put @ .75 (sold for 14.55)

Sold SPX Aug 21 2026 7700.0 Put @ 13.35
Sold SPX Aug 21 2026 7725.0 Put @ 17.75

SPX

Rolled SPX Aug 14 2026 7750.0 Puts to Aug 17 2026 7750.0 Puts @ 5.00 credit
Rolled SPX Aug 14 2026 7760.0 Puts to Aug 17 2026 7760.0 Puts @ 6.00 credit
Rolled SPX Aug 14 2026 7770.0 Puts to Aug 17 2026 7770.0 Puts @ 7.25 credit
Rolled SPX Aug 14 2026 7780.0 Puts to Aug 17 2026 7780.0 Puts @ 8.70 credit

And:

Rolled SPX Aug 14 2026 7825.0 Puts to Aug 17 2026 7825.0 Puts @ 6.15 credit

SPX

Daily:

Bought to Close SPX Aug 13 2026 7680.0 Puts @ .25 (sold for 4.15)
Bought to Close SPX Aug 13 2026 7690.0 Puts @ .25 (sold for 5.80)
Bought to Close SPX Aug 13 2026 7700.0 Puts @ .25 (sold for 7.10)
Bought to Close SPX Aug 13 2026 7710.0 Puts @ .30 (sold for 9.15)

Sold SPX Aug 14 2026 7750.0 Puts @ 4.10
Sold SPX Aug 14 2026 7760.0 Puts @ 5.10
Sold SPX Aug 14 2026 7770.0 Puts @ 6.70
Sold SPX Aug 14 2026 7780.0 Puts @ 8.80

Ladder:

Bought to Close SPX Aug 13 2026 7650.0 Put @ .15 (sold for 23.80)
Bought to Close SPX Aug 13 2026 7675.0 Put @ .20 (sold for 29.70)

Sold SPX Aug 20 2026 7700.0 Put @ 11.60
Sold SPX Aug 20 2026 7725.0 Put @ 15.50

LEAPs:

Rolled Dec 2030 7700 to 7800 @ 26.70 debit

Still waiting on the short 7800 puts….

SPX

Bought to Close SPX Aug 12 2026 7680.0 Puts @ .35 (sold for 10.85)
Bought to Close SPX Aug 12 2026 7685.0 Puts @ .55 (sold for 11.60)
Bought to Close SPX Aug 12 2026 7690.0 Puts @ .60 (sold for 13.00)
Bought to Close SPX Aug 12 2026 7710.0 Puts @ 1.55 (sold for 19.75)

Sold SPX Aug 13 2026 7680.0 Puts @ 4.15
Sold SPX Aug 13 2026 7690.0 Puts @ 5.80
Sold SPX Aug 13 2026 7700.0 Puts @ 7.10
Sold SPX Aug 13 2026 7710.0 Puts @ 9.15

Rolled SPX Aug 12 2026 7800.0 Puts to Aug 13 2026 7800.0 Puts @ 2.55 credit

Ladder:

Bought to Close SPX Aug 12 2026 7650.0 Put @ .20 (sold for 19.00)
Bought to Close SPX Aug 12 2026 7675.0 Put @ .30 (sold for 23.50)

Sold SPX Aug 19 2026 7650.0 Put @ 13.80
Sold SPX Aug 19 2026 7675.0 Put @ 18.50

SPX

Rolled SPX Aug 11 2026 7680.0 Puts to Aug 12 2026 7680.0 Puts @ 7.75 credit
Rolled SPX Aug 11 2026 7685.0 Puts to Aug 12 2026 7685.0 Puts @ 8.55 credit
Rolled SPX Aug 11 2026 7690.0 Puts to Aug 12 2026 7690.0 Puts @ 9.35 credit
Rolled SPX Aug 11 2026 7710.0 Puts to Aug 12 2026 7710.0 Puts @ 13.75 credit
Rolled SPX Aug 11 2026 7800.0 Puts to Aug 12 2026 7800.0 Puts @ 1.90 credit

SPX

Bringing the oddball last rung of my ladder in and adding it to my upside hedge crew. Shortens the ladder to 4 days but really helps with upside risk. As long as these are stuck in the money all is good since I’m keeping them at the same strike or higher as my LEAPs.

Bought to Close SPX Aug 14 2026 7650.0 Put @ 9.35 (sold for 26.65)

Sold SPX Aug 11 2026 7800.0 Put @ 47.35

SPX

Daily:

Bought to Close SPX Aug 10 2026 7670.0 Puts @ .60 (sold for 52.75)
Bought to Close SPX Aug 10 2026 7675.0 Puts @ .55 (sold for 21.40)
Bought to Close SPX Aug 10 2026 7680.0 Puts @ .65 (sold for 55.50)
Bought to Close SPX Aug 10 2026 7700.0 Puts @ 1.15 (sold for 23.00)

Sold SPX Aug 11 2026 7680.0 Puts @ 3.10
Sold SPX Aug 11 2026 7685.0 Puts @ 3.05
Sold SPX Aug 11 2026 7690.0 Puts @ 3.65
Sold SPX Aug 11 2026 7710.0 Puts @ 6.00

Ladder:

Bought to Close SPX Aug 10 2026 7625.0 Put @ .20 (sold for 20.90)
Bought to Close SPX Aug 10 2026 7650.0 Put @ .30 (sold for 27.00)
Bought to Close SPX Aug 11 2026 7550.0 Put @ .30 (sold for 15.00)
Bought to Close SPX Aug 11 2026 7575.0 Put @ .35 (sold for 19.00)

Sold SPX Aug 17 2026 7625.0 Put @ 10.95
Sold SPX Aug 17 2026 7650.0 Put @ 14.55
Sold SPX Aug 18 2026 7600.0 Put @ 10.35
Sold SPX Aug 18 2026 7625.0 Put @ 12.80

And:

Rolled SPX Aug 10 2026 7800.0 Puts to Aug 11 2026 7800.0 Puts @ 3.50 credit (46.15 total now)

SPX

Busy tomorrow so rolling everything to Monday.

Rolled SPX Aug 06 2026 7700.0 Puts to Aug 10 2026 7675.0 Puts @ 12.25 credit (21.40 total now)
Rolled SPX Aug 06 2026 7725.0 Puts to Aug 10 2026 7700.0 Puts @ 10.00 credit (23.00 total now)

Rolled SPX Aug 07 2026 7675.0 Puts to Aug 10 2026 7670.0 Puts @ 5.75 credit (52.75 total now)
Rolled SPX Aug 07 2026 7675.0 Puts to Aug 10 2026 7680.0 Puts @ 8.50 credit (55.50 total now)

Mr. Market I dare ya! :

Rolled SPX Aug 06 2026 7800.0 Puts to Aug 10 2026 7800.0 Puts @ 4.00 credit (42.65 total now)

SPX

Bought to Close SPX Aug 05 2026 7600.0 Puts @ .30 (sold for 4.60)
Bought to Close SPX Aug 05 2026 7625.0 Puts @ .50 (sold for 8.35)

Sold SPX Aug 06 2026 7700.0 Puts @ 9.15
Sold SPX Aug 06 2026 7725.0 Puts @ 13.00

Rolled SPX Aug 07 2026 7575.0 Puts to Aug 07 2026 7675.0 Puts @ 8.05 (47.05 total now)

Ladder:

Bought to Close SPX Aug 05 2026 7425.0 Put @ .10 (sold for 85.90)
Bought to Close SPX Aug 05 2026 7450.0 Put @ .10 (sold for 68.35)
Bought to Close SPX Aug 06 2026 7400.0 Put @ .35 (sold for 73.85)
Bought to Close SPX Aug 06 2026 7425.0 Put @ .40 (sold for 54.20)
Bought to Close SPX Aug 07 2026 7425.0 Put @ 1.00 (sold for 73.85)

Sold SPX Aug 12 2026 7650.0 Put @ 19.00
Sold SPX Aug 12 2026 7675.0 Put @ 23.50
Sold SPX Aug 13 2026 7650.0 Put @ 23.80
Sold SPX Aug 13 2026 7675.0 Put @ 29.70
Sold SPX Aug 14 2026 7650.0 Put @ 26.65

And finally:

Bought to Close SPX Aug 05 2026 7675.0 Puts @ 1.15 (sold for 25.35)

Sold SPX Aug 06 2026 7800.0 Puts @ 38.65

SPCX

That was fun. Good enough. 2 for 2 in my SPCX career. 🙂 🙂

Bought to Close SPCX Aug 07 2026 110/125/130 Jade Lizards @ 4.45 (sold for 6.05)

SPCX

Just for a little fun. Playing for a down move but above 110 and no risk to the upside.

Sold SPCX Aug 07 2026 110/125/130 Jade Lizards @ 6.05

SPX

Been walking this up all day. Got filled slightly better than normal. Last roll the mid was way too high so I ignored it and got a normal fill. This time the mid was way too low. Just have to ignore all that and plan on a fill anywhere from 25 to 28 debit.

Rolled Dec 2030 7600 to 7700 @ 26.50 debit.

SPX

Selling put spreads against my call spread hedges setting up iron flies. Got a shot at pinning but also reducing max loss on the positions. They’ve served me well on my short puts. 🙂 🙂

Sold SPX Aug 14 2026 7600/7595 Bull Put Spreads @ 1.30

Sold SPX Aug 21 2026 7550/7545 Bull Put Spreads @ 1.00

SPX

Bought to Close SPX Aug 04 2026 7500.0 Puts @ .20 (sold for 5.10)
Bought to Close SPX Aug 04 2026 7550.0 Puts @ .30 (sold for 11.25)

Sold SPX Aug 5 2026 7600.0 Puts @ 4.60
Sold SPX Aug 5 2026 7625.0 Puts @ 8.30

Ladder:

Bought to Close SPX Aug 04 2026 7425.0 Put @ .10 (sold for 101.10)
Bought to Close SPX Aug 04 2026 7450.0 Put @ .15 (sold for 70.45)

Sold SPX Aug 11 2026 7550.0 Put @ 15.00
Sold SPX Aug 11 2026 7575.0 Put @ 19.00

My soldiers on the front lines:

Bought to Close SPX Aug 4 2026 7625.0 Puts @ 2.30 (sold yesterday for 40.75 avg)

Sold SPX Aug 5 2026 7675.0 Puts @ 25.30

SPX

This might be more fun and effective. Selling two aggressively for upside help. Bringing the monthly into a daily sale.

Bought to Close SPX Aug 21 2026 7600.0 Put @ 75.50 (sold for 151.85)

Sold SPX Aug 4 2026 7625.0 Put @ 34.00

SPX

I currently have one short put that’s at the same strike as my long LEAPs and I roll it out a month at a time just to help with upside risk. As long as I have to keep rolling it the market is “capped” and everything else is free money since LEAPs aren’t needing rolled up. Adding another position but selling against it aggressively every day. I’ll call it the “floating cap” to really help with upside risk. The delta on it will be much higher than the longer term cap.

I’m sure there will come a time where I have to roll it more than a day but will try to keep it as close in time as possible.

Long story short: The goal is to have upside help so I can sell the big part of my positions slightly more conservatively day to day.

Great fill on the LEAP today BTW.

Bought SPX Dec 20 2030 7600.0 Put @ 725.00

Sold SPX Aug 4 2026 7625.0 Put @ 47.50

SPX

Been rolling these for quite awhile accumulating premium. Putting them all in the win column today.

Bought to Close SPX Aug 03 2026 7375.0 Puts @ .20 (sold for 154.95)
Bought to Close SPX Aug 03 2026 7400.0 Puts @ .25 (sold for 153.70)

Sold SPX Aug 4 2026 7500.0 Puts @ 5.10
Sold SPX Aug 4 2026 7550.0 Puts @ 11.25

Ladder:

Bought to Close SPX Aug 03 2026 7425.0 Put @ .35 (sold for 103.70)
Bought to Close SPX Aug 03 2026 7450.0 Put @ .50 (sold for 82.70)

Sold SPX Aug 10 2026 7450.0 Put @ 12.40
Sold SPX Aug 10 2026 7475.0 Put @ 16.00

SPX

Rolled SPX Jul 31 2026 7375.0 Puts to Aug 03 2026 7375.0 Puts @ 13.50 credit
Rolled SPX Jul 31 2026 7410.0 Puts to Aug 03 2026 7400.0 Puts @ 10.00 credit

Ladder:

Rolled SPX Jul 31 2026 7450.0 Puts to Aug 07 2026 7425.0 Puts @ 27.10 credit

SPY

Right at the open as SPY was running into 50 day resistance. Taking 50 percent in a couple days.

Bought to Close SPY Aug 21 2026 700.0 Put @ 1.43 (sold for 3.25)

Bought to Close SPY Aug 28 2026 695.0 Put @ 2.03 (sold for 4.25)
Bought to Close SPY Aug 28 2026 700.0 Put @ 2.35 (sold for 5.00)

Bought to Close SPY Sep 04 2026 680.0 Put @ 1.93 (sold for 4.00)
Bought to Close SPY Sep 04 2026 690.0 Put @ 2.43 (sold for 5.00)

Bought to Close SPY Sep 18 2026 670.0 Put @ 2.63 (sold for 5.00)
Bought to Close SPY Sep 18 2026 675.0 Put @ 2.90 (sold for 5.00)
Bought to Close SPY Sep 18 2026 680.0 Put @ 3.20 (sold for 5.50)

SPX

Come and get ’em!

Sold SPX Aug 21 2026 7550/7555 Bear Call Spreads @ 1.70

SPX

Pre-market rolls all out and down on the early bounce.

Rolled SPX Jul 30 2026 7400.0 Puts to Jul 31 2026 7375.0 Puts @ 1.00 credit
Rolled SPX Jul 30 2026 7425.0 Puts to Jul 31 2026 7410.0 Puts @ even

Rolled SPX Jul 31 2026 7505.0 Puts to Aug 07 2026 7495.0 Puts @ 2.00 credit

Ladder:

Rolled SPX Jul 30 2026 7450.0 Put to Aug 06 2026 7425.0 Put @ 9.75 credit
Rolled SPX Jul 30 2026 7425.0 Put to Aug 06 2026 7400.0 Put @ 20.00 credit

SPY

Last one.

Sold SPY Sep 18 2026 680.0 Put @ 5.50

EDIT:

One more 🙂 🙂

Sold SPY Sep 18 2026 670.0 Put @ 5.00

SPX

Added.

Sold SPX Aug 14 2026 7600/7605 Bear Call Spreads @ 1.40

SPX

That worked out pretty good. Sold premium on the morning drop and then got some decent rolls on the rip. Still mostly rolling down sacrificing some premium.

Rolled SPX Jul 29 2026 7450.0 Puts to Jul 30 2026 7425.0 Puts @ 2.00 credit
Rolled SPX Jul 29 2026 7425.0 Puts to Jul 30 2026 7400.0 Puts @ 4.25 credit

Ladder:

Rolled SPX Jul 29 2026 7475.0 Put to Aug 05 2026 7450.0 Put @ 15.00 credit
Rolled SPX Jul 29 2026 7450.0 Put to Aug 05 2026 7425.0 Put @ 26.00 credit

SPY

Adding.

Sold SPY Sep 04 2026 690.0 Put @ 5.00
Sold SPY Sep 04 2026 680.0 Put @ 4.00

SPY

Looking to add on more weakness.

Sold SPY Aug 28 2026 695.0 Put @ 4.25

Added:

Sold SPY Aug 28 2026 700.0 Put @ 5.00

Added:

Sold SPY Sep 18 2026 675.0 Put @ 5.00

SPX

Re-loading:

Sold SPX Aug 14 2026 7600/7605 Bear Call Spreads @ 1.40

Added @ 1.45 and 1.50

Why 7600? That’s a little inside the expected move and where my SPX short put cap is sitting with massive premium in it.

SPX

Taking half in a day.

Bought to Close SPX Aug 07 2026 7600/7605 Bear Call Spreads @ .70 (sold for 1.44)

SPY

Rolling out my long puts that I keep in inventory to sell against on dips.

Rolled SPY Aug 21 2026 400.0 Puts to Sep 18 2026 400.0 Puts @ .12 debit

And throwing a tiny starter out there at the 200 day.

Sold SPY Aug 21 2026 700.0 Put @ 3.25

SPX

Most fills pre-market. Happy Fed Day Eve!

Rolled SPX Jul 28 2026 7450.0 Puts to Jul 29 2026 7450.0 Puts @ 11.00 credit
Rolled SPX Jul 28 2026 7450.0 Puts to Jul 29 2026 7425.0 Puts @ 1.50 credit

Ladder:

Rolled SPX Jul 28 2026 7475.0 Put to Aug 04 2026 7450.0 Put @ 22.50 credit
Rolled SPX Jul 28 2026 7450.0 Put to Aug 04 2026 7425.0 Put @ 32.10 credit

SPX

Decent fill and premiums pick up a little next few days too.

Rolled SPX Jul 27 2026 7450.0 Puts to Jul 28 2026 7450.0 Puts @ 9.20 credit

SPX

Come and get ’em!

Sold SPX Aug 07 2026 7600/7605 Bear Call Spreads @ 1.45

EDIT: Added at 1.50

SPX

A couple pre-market rolls in the ladder. Waiting on the rest for awhile.

Rolled SPX Jul 27 2026 7450.0 Put to Aug 03 2026 7425.0 Put @ 34.50 credit
Rolled SPX Jul 27 2026 7475.0 Put to Aug 03 2026 7450.0 Put @ 35.00 credit

SPX

Bought to Close SPX Jul 31 2026 7600/7605 Bear Call Spreads @ .40 (sold for 1.58)

SPX Unchanged :) :)

The white line is where we closed last Friday. Beautiful! (3 minute bars)

today

SPY

Taking 30 percent of max in a day (again) 🙂 🙂

Bought to Close SPY Aug 21 2026 700.0 Put @ 2.81 (sold for 4.10)
Bought to Close SPY Aug 21 2026 705.0 Put @ 3.29 (sold for 4.75)
Bought to Close SPY Aug 21 2026 710.0 Put @ 3.82 (sold for 5.37)

SPX Thoughts and Speculation

My long term look:

With the recent gradual roll downs how do things look?

Debit spreads currently:

01 7600-7425
15 7600-7450
03 7600-7475
10 7600-7505
01 7600-7600

Yes, account is down off all time highs a little now but at expiration these are all nicely profitable. Even in a worse case scenario backwardation there will always be somewhere to roll down for a credit even if it’s a year out.

I get questions about when I would consider closing the positions. My answer has always been my heir will close them when I’m gone but I’ve been thinking a little more about that.

Here’s the scenario where I might consider closing everything:

In a slow gradual dropping market allowing good rolling down of the daily sales there could possibly come a point where the LEAPS are worth exactly what I’ve paid for them (including roll ups). Then the market stabilizes without the V shaped recoveries we’ve been getting used to. At that point all the daily sales go worthless eventually. Then LEAPs are at breakeven and every bit of the premium I’ve received becomes 100 percent profit.

That is the situation where I would maybe consider closing everything.

Long story short, If the LEAPs are at breakeven and I’m out of all my daily sales I’d consider locking everything in and reloading on a bounce and VIX drop.

SPX

Pre-market rolls on the tiny bounce.

Rolled SPX Jul 24 2026 7530.0 Puts to Jul 31 2026 7505.0 Puts @ .05 credit

Rolled SPX Jul 24 2026 7475.0 Put to Jul 31 2026 7450.0 Put @ 23.80 credit

SPX

Filled on the tiny bounce right at the open.

Rolled SPX Jul 23 2026 7475.0 Puts to Jul 27 2026 7450.0 Puts @ 4.00 credit

And finishing up laddering the ladder.

Rolled SPX Jul 23 2026 7475.0 Put to Jul 30 2026 7450.0 Put @ 25.00 credit
Rolled SPX Jul 23 2026 7475.0 Put to Jul 30 2026 7425.0 Put @ 15.00 credit

SPY

Starter:

Sold SPY Aug 21 2026 710.0 Put @ 5.37
Sold SPY Aug 21 2026 705.0 Put @ 4.75
Sold SPY Aug 21 2026 700.0 Put @ 4.10

SPX

Pre-market rolls. Copy, paste yesterday except with better premiums with some big earnings on the horizon. Sideways chop is a beautiful thing! 🙂 🙂 🙂

Rolled SPX Jul 22 2026 7475.0 Puts to Jul 23 2026 7475.0 Puts @ 13.50 credit

And laddering my ladder.

Rolled SPX Jul 22 2026 7475.0 Put to Jul 29 2026 7450.0 Put @ 29.25 credit
Rolled SPX Jul 22 2026 7475.0 Put to Jul 29 2026 7475.0 Put @ 37.90 credit

SPX

Copy, paste yesterday.

Rolled SPX Jul 21 2026 7475.0 Puts to Jul 22 2026 7475.0 Puts @ 10.00 credit

And laddering my ladder.

Rolled SPX Jul 21 2026 7475.0 Put to Jul 28 2026 7450.0 Put @ 26.25 credit
Rolled SPX Jul 21 2026 7475.0 Put to Jul 28 2026 7475.0 Put @ 35.50 credit

SPX

Starter.

Sold SPX Jul 31 2026 7600/7605 Bear Call Spreads @ 1.50

SPX

Rolled SPX Jul 20 2026 7475.0 Puts to Jul 21 2026 7475.0 Puts @ 10.00 credit

And laddering my ladder.

Rolled SPX Jul 20 2026 7475.0 Put to Jul 27 2026 7450.0 Put @ 29.25 credit
Rolled SPX Jul 20 2026 7475.0 Put to Jul 27 2026 7475.0 Put @ 37.75 credit

SPY

Taking over 30 percent of max in a day.

Bought to Close SPY Aug 21 2026 690.0 Put @ 2.43 (sold for 3.60)
Bought to Close SPY Aug 21 2026 695.0 Put @ 2.75 (sold for 4.20)
Bought to Close SPY Aug 21 2026 700.0 Put @ 3.10 (sold for 4.50)

SPX

Done for the week.

Expiring:

SPX Jul 17 2026 7600/7605 Bear Call Spreads (sold for 1.58 average)

SPX Levels

Interesting day so far. The 20 day (yellow), 50 day (red), and bottom of the expected move for the week (white) were all clustered together. Pretty strong bounce from there after possibly taking out stops at the 50 day.

today

SPX

Rolled SPX Jul 17 2026 7475.0 Puts to Jul 20 2026 7475.0 Puts @ 12.50 credit

Rolled SPX Jul 17 2026 7550.0 Puts to Jul 24 2026 7530.0 Puts @ even

And keeping the lid on: 🙂 🙂

Coming up on two months that this has been in place. As long as I’m rolling it the LEAPs won’t need rolled so everything else is free money. It’s sitting at the same strike as the LEAPs.

#TakeOneForTheTeam

Rolled SPX Jul 17 2026 7600.0 Put to Aug 21 2026 7600.0 Put @ 45.85 credit

SPY

On the opening dip:

Sold SPY Aug 21 2026 700.0 Put @ 4.50
Sold SPY Aug 21 2026 695.0 Put @ 4.20
Sold SPY Aug 21 2026 690.0 Put @ 3.60

VIX

Bailed on the Whiz hedge at breakeven.

Sold to Close VIX Aug 19 2026 25/30 Bull Call Spreads @ .35 (bought for .35)

SPX

Rolled SPX Jul 16 2026 7550.0 Puts to Jul 17 2026 7550.0 Puts @ 12.00 credit

SPX

Market high VIX low time to add. Got filled at the same price as the last few times I’ve added.

Bought to Open SPX Dec 2030 7600.0 Puts @ 740.00

Using these to add to the ladder.

Sold SPX Jul 20 2026 7475.0 Put @ 10.00
Sold SPX Jul 21 2026 7475.0 Put @ 12.50
Sold SPX Jul 22 2026 7475.0 Put @ 15.50
Sold SPX Jul 23 2026 7475.0 Put @ 19.50
Sold SPX Jul 24 2026 7475.0 Put @ 23.00

SPX

Protecting my 7600/7605 Bear Call Spreads for Friday:

Rolled SPX Jul 15 2026 7525.0 Puts to Jul 16 2026 7550.0 Puts @ 11.00 credit

And:

Rolled SPX Jul 15 2026 7475.0 Put to Jul 22 2026 7475.0 Put @ 15.00 credit
Rolled SPX Jul 16 2026 7475.0 Put to Jul 23 2026 7475.0 Put @ 20.00 credit

SPX

Was hoping for a little afternoon weakness but never really got it.

Bought to Close SPX Jul 14 2026 7525.0 Puts @ .40 (sold for 22.80)

Sold SPX Jul 15 2026 7525.0 Puts @ 10.55

SPX

With the little down move today going to roll another rung of the ladder a day early.

Rolled SPX Jul 14 2026 7450.0 Put to Jul 21 2026 7475.0 Put @ 21.00

SPX

Rolled these pre-market.

Rolled SPX Jul 13 2026 7500.0 Puts to Jul 14 2026 7525.0 Puts @ 14.00

And the ladder roll.

Rolled SPX Jul 13 2026 7450.0 Put to Jul 20 2026 7475.0 Put @ 23.50

SPX

Been rolling these for quite awhile too. Put this in as a standing rolling order and got filled on the big spike down.

Bought to Close SPX Jul 10 2026 7490.0 Puts @ 1.35 (sold for 73.30)

Sold SPX Jul 13 2026 7500.0 Puts @ 8.85

SPX

Been rolling these for quite awhile.

Bought to Close SPX Jul 10 2026 7450.0 Puts @ .70 (sold for 81.70)

And the full five day ladder is back in place.

Sold SPX Jul 15 2026 7475.0 Put @ 15.70
Sold SPX Jul 16 2026 7475.0 Put @ 18.90

SPY

Taking almost 30 percent of max in a day.

Bought to Close SPY Aug 21 2026 695.0 Put @ 3.13 (sold for 4.65)
Bought to Close SPY Aug 21 2026 700.0 Put @ 3.54 (sold for 4.50)

VIX

Whiz trade just for fun.

Bought to Open VIX Aug 19 2026 25/30 Bull Call Spreads @ .35

SPY

Starter at the 200 day.

Sold SPY Aug 21 2026 695.0 Put @ 4.65
Sold SPY Aug 21 2026 700.0 Put @ 4.50

SPX

Been rolling these for awhile:

Bought to Close SPX Jul 06 2026 7455.0 Puts @ .20 (sold for 75.55)

Beginning of re-establishing the weekly ladder.

Sold SPX Jul 13 2026 7450.0 Put @ 16.50
Sold SPX Jul 14 2026 7450.0 Put @ 21.80

SPX

Rolled SPX Jul 02 2026 7475.0 Puts to Jul 06 2026 7455.0 Puts @ even

SPX

Adding one.

Sold SPX Jul 17 2026 7600/7605 Bear Call Spread @ 1.95

SPY

Taking well over half on the bounce.

Bought to Close SPY Jul 17 2026 685.0 Puts @ .90 (sold for 2.75)
Bought to Close SPY Jul 17 2026 690.0 Puts @ 1.05 (sold for 3.00)
Bought to Close SPY Jul 17 2026 695.0 Puts @ 1.27 (sold for 3.00)
Bought to Close SPY Jul 17 2026 700.0 Puts @ 1.53 (sold for 3.42)
Bought to Close SPY Jul 17 2026 705.0 Puts @ 1.87 (sold for 4.01)
Bought to Close SPY Jul 17 2026 710.0 Puts @ 2.30 (sold for 4.70)

SPX

Just to keep Mr. Market motivated 🙂 🙂

Adding:

Sold SPX Jul 17 2026 7600/7605 Bear Call Spreads @ 1.30