Rolled SPY May 30 2025 580.0 Puts to May 30 2025 585.0 Puts @ .65 credit (1.79 total now)

Uncovering some of my synthetic longs.

Bought to Close TLT Jun 13 2025 88.0 Calls @ .38 (sold for .66)

Sold SPY May 30 2025 580.0 Puts @ 1.14

Gotta take ’em on a move like this especially in just a couple days.

Bought to Close SPY May 30 2025 585.0 Puts @ 2.20 (sold for 5.05)

Bought to Close SPY Jun 20 2025 540.0 Put @ 1.34 (sold for 4.42)
Bought to Close SPY Jun 20 2025 545.0 Put @ 1.60 (sold for 5.05)

Come and get it! Selling at the expected move and same strike all my SPX short puts are sitting at. Starter position.

Sold SPX Jun 20 2025 6050/6060 Bear Call Spread @ 2.00

Rolled SPY May 23 2025 585.0 Puts to May 30 2025 585.0 Puts @ 2.90 credit (5.05 total now)

And:

Sold SPY Jun 20 2025 540.0 Put @ 4.42
Sold SPY Jun 20 2025 545.0 Put @ 5.05

These were sold against Dec 2028 and Dec 2029 synthetic short positions. VIX curve back in contango so a good time to roll.

Rolled SPX Jun 20 2025 6070.0 Puts to Jul 18 2025 6050.0 Puts @ 10.25 credit (35.60 and 29.05 total now)
Rolled SPX Jun 20 2025 6080.0 Puts to Jul 18 2025 6050.0 Puts @ 2.50 credit (21.35 total now)

Short calls got run over so taking the gains and maybe reloading on a pullback.

Sold to Close SPY Dec 17 2027 450/500/500 Synthetic Stock
Sold to Close SPY Dec 17 2027 450/525/525 Synthetic Stock
Bought to Close SPY Jun 20 2025 530.0 Calls

Net gain per position: 11.75

Just for fun:

Net gain per position WITHOUT the call sales: 31.20 (ouch!!)

Bought to Close TLT May 23 2025 86.50 Calls @ .01 (sold for .44)

Sold TLT Jun 6 2025 85.50 Calls @ .52

Sold SPY Jun 20 2025 550.0 Put @ 3.50

Sold SPY Jun 20 2025 555.0 Put @ 3.25

Sold SPY Jun 20 2025 565.0 Put @ 4.25

Rolled SPY May 23 2025 580.0 Puts to May 23 2025 585.0 Puts @ .60 credit (2.15 total now)

Two days early on this sale. Traded up to nearly 30 bucks after my entry. TTMR!

Bought to Close UNH Jun 20 2025 250.0 Put @ 3.35 (sold for 3.75)

Rolled TLT Jun 13 2025 90.0 Calls to Jun 13 2025 88.0 Calls @ .31 credit (.66 total now)

Had orders in at the open thinking we might get a little more downside first few minutes. Guess I was a little too aggressive and only got one filled.

Sold SPY Jun 20 2025 560.0 Put @ 4.07

Selling just before the Fed meeting.

Sold TLT Jun 13 2025 90.0 Calls @ .35

This was from my latest experiment. Buying a DITM LEAP put and selling daily against it. With the short put getting rolled out to Oct not worth holding that long. Closed the whole thing and may look to reset.

Bought to Close SPX Oct 17 2025 5975.0 Put
Sold to Close SPX Dec 21 2029 6000.0 Put

Net credit 371.00
Basis 335.70

Net gain: 35.30

Bought to Close SPY May 16 2025 580.0 Puts @ .01 (sold for 2.65)

Sold SPY May 23 2025 580.0 Puts @ 1.55

SPX 5695/5700/5700/5705 Iron Flies Expiring (1.30 loss) 🙂 🙂 Thanks for the help!

Sold against synthetic long stock. And of course they got run over. Still profitable but….what could have been. LOL

Rolled SPY May 16 2025 526.0 Calls to Jun 20 2025 530.0 Calls @ .70 debit (2.15 total now)

Yesterday:

Still selling against Jan 2026 105/105/75 synthetic stock. Hoping to still make a little.

Bought to Close TLT May 16 2025 89.0 Calls @ .01 (sold for .50)
Sold TLT May 23 2025 86.50 Calls @ .44

And:

Sold TLT Jun 20 2025 87.0 Puts @ 2.65

Added another position today in Jan 2027 @ 11.00 credit (105/105/85)

Taking a shot.

Sold UNH Jun 20 2025 250.0 Put @ 3.75

Rolled SPY May 16 2025 570.0 Puts to May 16 2025 580.0 Puts @ 1.00 credit (2.65 total now)

A little something to play around with.

Bought to Open TLT Jul 18 2025 65.0 Puts @ .08

And selling against those:

Sold TLT Jun 20 2025 85.0 Puts @ 1.25
Sold TLT Jun 20 2025 86.0 Puts @ 1.71

Hey Mr. Market come and get ’em! Iron Flies have a chance if these take some heat Friday.

Sold SPY May 16 2025 570.0 Puts @ 1.67

Watching for Friday. Had originally sold a few 5700/5705 call spreads and told Mr. Market to come get ’em. LOL He listened. Sometime last week when they started taking some real heat I added the put spread side setting up an iron fly. Still an outside shot at gains but minimizing loss.

Now:

SPX May 16 2025 5695/5700/5700/5705 Iron Flies @ 3.65

No problem taking this loss with all the gains the rally has made. Mr. Market listened to me (for once)!

One more while I was out.

Bought to Close SPY Jun 20 2025 525.0 Put @ 2.13 (sold for 6.25)

Bought to Close SPY May 12 2025 557.0 Puts @ .02 (sold for 1.10)

Bought to Close SPY May 16 2025 550.0 Put @ .25 (sold for 5.45)
Bought to Close SPY May 16 2025 560.0 Put @ .62 (sold for 5.25)

Bought to Close AMZN May 16 2025 185.0 Put @ .08 (sold for 4.50)
Bought to Close AMZN May 16 2025 190.0 Put @ .12 (sold for 3.75)
Bought to Close AMZN May 16 2025 195.0 Put @ .18 (sold for 3.50)

Adding a few more to sell against if we get a nice pullback.

Bought to Open SPY Jun 20 2025 325.0 Puts @ .10

Bought to Close AMZN May 16 2025 180.0 Put @ .45 (sold for 3.25)

Rolled VXX May 09 2025 60.0 Puts to VXX May 16 2025 60.0 Puts @ 1.40 credit (2.00 and 2.20 total now)

Sold SPY May 12 2025 557.0 Puts @ 1.10

Replaces these which should expire:

SPY May 09 2025 555.0 Puts (sold for 3.25)

Maybe the beginning of a June ladder…see how it goes.

Sold SPY Jun 20 2025 525.0 Put @ 6.25

Be out most of the week so throwing these out to Friday.

Sold SPY May 09 2025 555.0 Puts @ 3.25

A move like this gotta take the whole ladder. Running up to the 200 day resistance.

Bought to Close SPY May 16 2025 480.0 Put @ .35 (sold for 3.40)
Bought to Close SPY May 16 2025 485.0 Put @ .40 (sold for 3.80)
Bought to Close SPY May 16 2025 490.0 Put @ .40 (sold for 3.60)
Bought to Close SPY May 16 2025 495.0 Put @ .45 (sold for 3.50)
Bought to Close SPY May 16 2025 500.0 Put @ .55 (sold for 3.60)
Bought to Close SPY May 16 2025 505.0 Put @ .60 (sold for 3.20)
Bought to Close SPY May 16 2025 510.0 Put @ .70 (sold for 3.40)
Bought to Close SPY May 16 2025 515.0 Put @ .85 (sold for 3.50)
Bought to Close SPY May 16 2025 520.0 Put @ 1.05 (sold for 4.10)
Bought to Close SPY May 16 2025 525.0 Put @ 1.25 (sold for 3.40)
Bought to Close SPY May 16 2025 530.0 Put @ 1.60 (sold for 3.50)
Bought to Close SPY May 16 2025 535.0 Put @ 2.00 (sold for 8.90)
Bought to Close SPY May 16 2025 540.0 Put @ 2.60 (sold for 7.70)
Bought to Close SPY May 16 2025 545.0 Put @ 3.35 (sold for 6.95)
Bought to Close SPY May 16 2025 550.0 Puts @ 4.30 (sold for 6.20)
Bought to Close SPY May 16 2025 555.0 Put @ 5.40 (sold for 7.80)
Bought to Close SPY May 16 2025 560.0 Put @ 6.95 (sold for 14.50)

Rolled SPY Apr 29 2025 521.0 Calls to May 16 2025 526.0 Calls @ .35 credit (2.85 total now)

Unless something crazy (er) happens this should be it for the week. Out a few days and up a couple strikes.

Rolled SPY Apr 23 2025 519.0 Calls to Apr 29 2025 521.0 Calls @ .25 credit (2.55 total now)

Closing on the big bounce. Decided I’d rather add more SPY if we implode again.

Bought to Close XBI May 16 2025 75.0 Put @ 1.10 (sold for 1.46)
Bought to Close XBI May 16 2025 80.0 Put @ 2.60 (sold for 3.20)

Some beer money for race weekend. Dega baby!

🙂 🙂 🙂

Been selling puts against a Jan synthetic short position. During the big rally they got run over so rolled them out and down to Jan. The volatility coming back has allowed me to roll these back in and up to resume selling.

Bought to Close VXX Apr 25 2025 60.0 Puts @ .02 (sold for 1.00)

Sold VXX May 02 2025 62.0 Puts @ .56

Rolled SPY Apr 22 2025 518.0 Calls to Apr 23 2025 519.0 Calls @ .40 credit (2.30 total now)

Expired:

SPY Apr 21 519.0 Call (sold for 10.15)
SPY Apr 21 525.0 Call (sold for 13.10)

Adding to synthetic long.

Bought to Open SPY Dec 17 2027 450/525/525 Synthetic Stock @ 59.00 debit (450 strike long disaster put)

And:

Sold SPY Apr 22 2025 518.0 Call @ 1.90

Rolled SPY Apr 17 2025 518.0 Call to Apr 21 2025 519.0 Call @ .20 credit (10.20 total now)
Rolled SPY Apr 17 2025 525.0 Call to Apr 21 2025 525.0 Call @ 2.15 credit (13.15 total now)

On the road all day but did get some rolls done. Throw it out there and wait for things to calm down. Sold against a long LEAP put in Dec 2029.

Rolled SPX Apr 17 2025 5975.0 Put to Oct 17 2025 5975.0 Put @ 13.75 debit (49.35 total now)

Adding.

Sold SPX May 16 2025 5700/5705 Bear Call Spreads @ 1.40

Sold against synthetic longs. Straight roll to Thursday.

Rolled SPY Apr 15 2025 518.0 Call to Apr 17 2025 518.0 Call @ 1.25 credit (10.00 total now)
Rolled SPY Apr 15 2025 525.0 Call to Apr 17 2025 525.0 Call @ 1.75 credit (11.00 total now)

Sold against synthetic longs. Straight roll to tomorrow.

Rolled SPY Apr 14 2025 518.0 Call to Apr 15 2025 518.0 Call @ 1.05 credit (8.75 total now)
Rolled SPY Apr 14 2025 525.0 Call to Apr 15 2025 525.0 Call @ 1.75 credit (9.25 total now)

Adding to synthetic long. Call premiums are crazy for selling daily.

Bought to Open SPY Dec 17 2027 450/525/525 Synthetic Stock @ 65.50 debit (450 strike long disaster put)

And:

Sold SPY Apr 14 2025 525.0 Call @ 7.50

Rolled SPY Apr 11 2025 515.0 Call to Apr 14 2025 518.0 Call @ 1.20 credit (7.75 total now)

Come and get ’em!

Sold SPX May 16 2025 5700/5705 Bear Call Spreads @ 1.50

Out on the road so stopping when I can to check in.

Rolled SPY Apr 09 2025 513.0 Call to Apr 11 2025 515.0 Call @ .50 credit (6.55 total now)

Rolled SPY Apr 08 2025 510.0 Call to Apr 09 2025 513.0 Call @ .05 credit (6.05 total now)

Pretty low risk and not a bad price with the high IV. New synthetic long SPY starter position.

Bought to Open SPY Dec 17 2027 450/500/500 Synthetic Stock @ 65.0 debit (450 strike long disaster put)

and:

Sold SPY Apr 08 2025 510.0 Call @ 6.00

This was from my latest experiment. Buying a DITM LEAP put and selling daily against it. Rolling the long LEAP down for credit now. Short next week’s 5975 against it. Not sure how I’ll handle that yet. Probably a debit roll to somewhere.

Rolled SPX Dec 21 2029 7000.0 Put to Dec 21 2029 6000.0 Put @ 500.0 credit (reduces total debit to 385.0)

Rolling rest of April out but not down. Still decent basis reduction.

Rolled SPY Apr 17 2025 535.0 Put to May 16 2025 535.0 Put @ 5.75 credit (8.90 total now)
Rolled SPY Apr 17 2025 540.0 Put to May 16 2025 540.0 Put @ 4.25 credit (7.70 total now)
Rolled SPY Apr 17 2025 545.0 Put to May 16 2025 545.0 Put @ 3.25 credit (6.90 total now)
Rolled SPY Apr 17 2025 550.0 Put to May 16 2025 550.0 Put @ 3.00 credit (6.20 total now)
Rolled SPY Apr 17 2025 555.0 Put to May 16 2025 555.0 Put @ 2.75 credit (7.80 total now)
Rolled SPY Apr 17 2025 560.0 Put to May 16 2025 560.0 Put @ 2.50 credit (14.50 total now)

Bought to Close SPX Apr 17 2025 5900/5905 Bear Call Spreads @ .05 (sold for 1.25)

Adding.

Sold SPY May 16 2025 485.0 Put @ 3.80
Sold SPY May 16 2025 480.0 Put @ 3.40

Adding.

Sold SPY May 16 2025 490.0 Put @ 3.59

Selling the top of the ladder.

Sold SPY Apr 17 2025 560.0 Put @ 12.00

Starter just to watch.

Sold XBI May 16 2025 80.0 Put @ 3.20
Sold XBI May 16 2025 75.0 Put @ 1.45

Out and down.

Rolled AMZN Apr 17 2025 200.0 Put to May 16 2025 195.0 Put @ .25 credit (3.50 total now)
Rolled AMZN Apr 17 2025 195.0 Put to May 16 2025 190.0 Put @ 1.25 credit (3.75 total now)
Rolled AMZN Apr 17 2025 190.0 Put to May 16 2025 185.0 Put @ 2.00 credit (4.50 total now)

Adding.

Sold SPY May 16 2025 500.0 Put @ 3.60
Sold SPY May 16 2025 495.0 Put @ 3.50

Adding.

Sold SPY May 16 2025 520.0 Put @ 4.10
Sold SPY May 16 2025 515.0 Put @ 3.50
Sold SPY May 16 2025 510.0 Put @ 3.40
Sold SPY May 16 2025 505.0 Put @ 3.20

Rolling my highest strikes.

Rolled SPY Apr 17 2025 570.0 Put to May 16 2025 560.0 Put @ .45 credit (5.30 total now)
Rolled SPY Apr 17 2025 560.0 Put to May 16 2025 550.0 Put @ 1.25 credit (5.45 total now)

And:

Sold to Close SPY Apr 17 2025 300.0 Puts @ .01 (sold the ones I don’t need anymore)
Bought to Open SPY May 16 2025 325.0 Puts @ .12 (new batch to sell against)

Sold SPY May 16 2025 530.0 Put @ 3.52
Sold SPY May 16 2025 525.0 Put @ 3.41

Big bounce and three weeks to go. I’ll take these.

Bought to Close AMZN Apr 17 2025 180.0 Put @ .67 (sold for 3.20)
Bought to Close AMZN Apr 17 2025 185.0 Put @ 1.07 (sold for 2.71)

Changed my mind. With a big run up to the 200 day and three weeks to go and April 2nd looming I’m booking all the 70 and 80 percenters.

Bought to Close SPY Apr 17 2025 505.0 Put @ .46 (sold for 3.10)
Bought to Close SPY Apr 17 2025 510.0 Puts @ .53 (sold for 2.80)
Bought to Close SPY Apr 17 2025 515.0 Put @ .61 (sold for 3.25)
Bought to Close SPY Apr 17 2025 520.0 Put @ .72 (sold for 3.25)
Bought to Close SPY Apr 17 2025 525.0 Put @ .89 (sold for 3.25)
Bought to Close SPY Apr 17 2025 530.0 Put @ 1.08 (sold for 3.20)

Sold this as a directional type trade so I’ll go ahead and book it. Letting everything else ride.

Bought to Close SPY Apr 17 2025 560.0 Put @ 5.34 (sold for 12.50)

Added on the opening pop.

Sold SPX Apr 17 2025 5900/5905 Bear Call Spreads @ 1.25

Rollout to Jun. Up slightly to reduce the debit. I’ll keep pounding the SPY put sales and SPX bear call spreads while waiting.

Rolled SPX Mar 21 2025 6065.0 Puts to Jun 20 2025 6070.0 Puts @ 5.25 debit (18.85 total now)
Rolled SPX Mar 21 2025 6070.0 Puts to Jun 20 2025 6080.0 Puts @ 2.60 debit (18.90 total now)

Sold SPX Apr 17 2025 5900/5905 Bear Call Spreads @ 1.25

Bought to Close this Friday 5800/5805 Bear Call Spreads @ .30 (sold for 1.25)

Fat fingered the mid price. Guess I’ll hold and see what happens.

Sold to Open this Friday BuPS 5500/5495 @ .85

Sold to Open this Friday BeCS 5800/5805 @ 1.25