#FuzzyLEAPs Both traded on the swings; caught a good move on one but couldn’t manage to on the second.
Rolled $XSP July 13th 765 puts DOWN to July 14th 764 puts, 1.04 credit
Rolled $XSP July 13th 761 puts to July 14th 761 puts, -.50 debit
Author Archives: Jeff
Earnings 7/13 – 7/17
Econ Calendar 7/13 – 7/17
XSP rolls 7/10/26
#FuzzyLEAPs Crappy day on Wednesday as I was traveling and tried to do my usual swing rolls. Got swallowed by the rally, ending up going a strike higher with 1.50 and 2.00 debits. Won’t do that agin.
Today…
Rolled $XSP July 10th 761 puts to July 13th 761 puts, .21 creddit (standard calendar)
Rolled $XSP July 10th 765 puts to July 13th 765 puts, -.50 debit (failed swing roll)
XSP rolls 7/7/26
#FuzzyLEAPs Rolled two days out as I’m busy tomorrow, and got only .30 each on the swings, 764 and 760 puts.
XSP rolls 7/6/26
#FuzzyLEAPs Hard to get much pullback with Upside Warning in effect, but managed to roll on the swings:
Rolled $XSP July 6th 764 puts to July 7th 764 puts, .48 credit
Rolled $XSP July 6th 760 puts to July 7th 760 puts, .30 credit
Earnings 7/6 – 7/10
Econ Calendar 7/6 – 7/10
XSP rolls 7/2/26
#FuzzyLEAPs Got a swing roll on one but a straight calendar for two pennies on the other.
Rolled $XSP July 2nd 764 puts to July 6th 764 puts, 1.00 credit
Rolled $XSP July 2nd 760 puts to July 6th 760 puts, .02 credit
Have a Happy 4th everyone!
June Jobs Report
#Jobs — Lower than expectations, and effectively erased by prior month revisions.
Gain of +57,000 non-farm payroll jobs, vs. expected gain of +115K
Unemployment down 0.1 to 4.2%
U6 unemployment 7.9%, down by 0.2%
Labor force participation down 0.3 to 61.5%
Average hourly earnings up by 0.3%; +3.5% Y/Y
May jobs revised down by -43K to +129K
April jobs revised down by -31K to +148K
XSP rolls 7/1/26
#FuzzyLEAPs Swing rolling again today, 1 down 1 to go
Rolled $XSP July 1st 764 puts to July 2nd 764 puts, .65 credit
XSP rolls 6/30/26
#FuzzyLEAPs. Unfortunately had to roll to higher strikes again as two-rally disrupts my swing strategy. This is the pitfall of sticking to one-day rolls and not rolling down strikes, but provided we go back to the highs it should not have a negative long term effect.
Rolled $XSP June 30th 762 puts to July 1st 764 puts, -.35 debit
Rolled $XSP June 30th 758 puts to July 1st 760 puts, +.25 credit
XSP rolls 6/29/26
#FuzzyLEAPs A rare day when the swing-rolls did NOT work. Forced to roll strikes higher and take a net loss.
Rolled $XSP June 29th 760 puts to June 30th 762 puts, -.45 debit
Rolled $XSP June 29th 756 puts to June 30th 758 puts, even
Earnings 6/29 – 7/3
Econ Calendar 6/29 – 7/3
Need new LEAPs
Really hoping 2029 XSP options release soon. The Dec 2028 options are suffering from time decay so it’s getting harder to keep profits coming in. Does anyone know when the Dec 2028 options were released?
XSP rolls 6/26/26
Happy palindrome day. Trading the swings again.
Rolled $XSP June 26th 757 puts DOWN to June 29th 756 puts, 1.00 credit.
Trying to see how low we can go to roll the 760.
XSP rolls 6/25/26
#FuzzyLEAPs Rolled one on the opening drop; 757 still to go
Rolled $XSP June 25th 760 puts to June 26th 760 puts, 1.00 credit
XSP rolls 6/24/26
#FuzzyLEAPs Same as it ever was…. same as it ever was…
Rolled $XSP June 24th 760 puts to June 25th 760 puts, 1.00 credit
Rolled $XSP June 24th 757 puts to June 25th 757 puts, 1.00 credit
XSP rolls 6/23/26
#FuzzyLEAPs Doing swing-calendar rolls today. One down, one to go
Rolled $XSP June 22nd 757 puts to June 23rd 757 puts, 1.00 credit
XSP rolls 6/22/26
#FuzzyLEAPs Had to leg out then in on the swings again…
Rolled $XSP June 22nd 760 puts to June 23rd 760 puts, .50 credit
Rolled $XSP June 22nd 757 puts to June 23rd 757 puts, .50 credit
Earnings 6/22 – 6/26
Econ Calendar 6/22 – 6/26
XSP rolls 6/18/26
#FuzzyLEAPs
Rolled $XSP June 18th 757 puts to June 22nd 757 puts, .70 credit. Filled on opening bell. 760 puts still to go.
XSP rolls 6/17/26
#FuzzyLEAPs.
Rolled $XSP June 17th 760 puts to June 18th 760 puts, .40 credit
Rolled $XSP June 17th 757 puts to June 18th 757 puts, .65 credit
XSP rolls 6/16/26
#FuzzyLEAPs Nice to be back in the pocket
Rolled $XSP June 16th 760 puts to June 17th 760 puts, .85 credit
Rolled $XSP June 16th 757 puts to June 17th 757 puts, 1.40 credit
XSP rolls 6/15/26
#FuzzyLEAPs A very rapid return to ATM; my orders filled but ended up being too early
Rolled $XSP June 15th 757 puts to June 16th 757 puts, .85 credit
Rolled $XSP June 15th 760 puts to June 16th 760 puts, .45 credit
Earnings 6/15-6/19
Econ Calendar 6/15 – 6/19
XSP rolls 6/12/26
#FuzzyLEAPs No time for legging today but we got high enough to get a little premium from straight calendars
Rolled $XSP June 12th 760 puts to June 15th 760 puts, .20 credit
Rolled $XSP June 12th 757 puts to June 15th 757 puts, .30 credit
XSP rolls 6/11/26
#FuzzyLEAPs Trying for 1.00 and 2.00. First one filled but abrubt bounce higher had me lose .50 on the second
Rolled $XSP June 11th 760 puts to June 12th 760 puts, 1.00 credit
Rolled $XSP June 11th 757 puts to June 12th 757 puts, -.50 debit
XSP rolls 6/10/26
#FuzzyLEAPs These swing-rolls are pretty easy on these choppy high-vol days. Probably should try to go for more than 1.00— could have gotten 7.00 on the first one. I figure I’ll just keep these deep ITM, making a gain on each day’s roll and then reaping the profits when the correction recovers.
Rolled $XSP June 10th 760 puts to June 11th 760 put, 1.00 credit
Rolled $XSP June 10th 757 puts to June 10th 757 puts, 1.00 credit
XSP rolls 6/8/26
#FuzzyLEAPs Legged out then in on these. Screwed up the ask price on one so it was a no-credit roll…. rolled 2 days out as I’m busy tomorrow.
Rolled $XSP June 8th 760 puts to June 10th 760 puts, 1.00 credit
Rolled DOWN June 8th 758 puts to June 10th 757 puts, 0.00 credit.
Earnings 6/8 – 6/12
Econ Calendar 6/8 – 6/12
XSP rolls 6/5/26
What a difference a day makes…. big drawdown as I’m deep ITM on dailys with no premium available for rolling.
May Jobs Report
#Jobs — Much higher than expected again; UE holds.
Gain of +172,000 non-farm payroll jobs, vs. expected gain of 80K
Unemployment unchanged at 4.3%
U6 unemployment 8.1%, down by 0.1%
Labor force participation unchanged at 61.8%
Average hourly earnings up by 0.3%; +3.4% Y/Y
March jobs revised up by +29K to +214K
April jobs revised up by +64K to +179K
XSP rolls 6/4/26
Rolled $XSP June 4th 760 puts to June 5th 760 puts, .75 credit
Rolled $XSP June 4th 758 puts to June 5th 758 puts, 1.22 credit
XSP rolls 6/3/26
#FuzzyLEAPs
Rolled $XSP June 3rd 758 puts to June 4th 758 puts, 1.20 credit
Asking same price to roll 760 puts
Didn’t post yesterday but I now have 758 and 760 short dailys, and I rolled the 720 LEAP spread up to 760. LEAPs now at 730, 740, and 760. Account values back to moving upward after quite a time of going sideways.
XSP rolls 6/1/26
#FuzzyLEAPs
Rolled $XSP June 1st 754 puts to June 2nd 754 puts, .80 credit
Rolled UP June 1st 750 puts to June 2nd 758 puts, .74 credit
Earnings 6/1 – 6/5
Econ Calendar 6/1 – 6/5
XSp rolls 5/28/26
#FuzzyLEAPs Crappy day as my fills missed by a hair in the morning then market just kept slipping away from me. Forced to roll near all-time high.
Rolled $XSP May 28th 750 puts to May 29th 750 puts, .30 credit
Rolled UP May 28th 747 puts to May 29th 754 puts, .88 credit
XSP rolls 5/27/26
#FuzzyLEAPs Filled on the morning dip, no waiting
Rolled $XSP May 27th 750 puts to May 28th 750 puts, .90 credit
Rolled $XSP May 27th 747 puts to May 28th 747 puts, .70 credit
XSP rolls 5/26/26
#FuzzyLEAPs
Rolled $XSP May 26th 750 puts to May 27th 750 puts, .95 credit
I will probably be rolling my 740 puts higher
Earnings 5/25 – 5/29
Econ Calendar 5/25 – 5/29
XSP rolls 5/22/26
#FuzzyLEAPs Got a busy day with family so got my rolls done pre-market. 3-day wknd premium!
Rolled $XSP May 22nd 750 puts to May 26th 750 puts, 1.46 credit
Rolled $XSP May 22nd 740 puts to May 26th 740 puts, .88 credit
XSP rolls 5/21/26
#FuzzyLEAPs
Rolled $XSP May 21st 740 puts to May 22nd 740 puts, 1.25 credit
750 still to go
XSP rolls 5/20/26
#FuzzyLEAPs
Rolled $XSP May 20th 740 put to May 21st 740 puts, 1.80 credit
750 puts still TBD
XSP rolls 5/19/26
#FuzzyLEAPs Another frustrating day where I planned to roll on the swings but caught the updraft. So I rolled the 740’s too early and now am stuck with having BTC my 750 but no roll sold.
Now over two months without any upward movement on account values. Still 2.5 years until the LEAPs expire, so I guess two months is a blip, but still looking for a return to profiting. (and hoping that 2029 expiry dates are released soon)
Rolled $XSP May 19th 740 puts to May 20th 740 puts, .90 credit
BTC May 19th 750 puts for 13.00. No roll sold yet. If we don’t return to the lows I may have to roll UP to a higher strike or OUT to a later date.
XSP rolls 5/18/26
Rolled $XSP May 18th 740 puts to May 19th 740 puts, 1.00 credit
SwingCalendar: BTC 750 puts for 11.00, then on down move STO May 19th 750 puts for 11.50 (resulting in .50 credit)
Earnings 5/18 – 5/22
Econ Calendar 5/18 – 5/22
XSP rolls 5/15/26
#FuzzyLEAPs
Rolled $XSP May 15th 750 puts to May 18th 750 puts, .50 credit
Rolled $XSP May 15th 740 puts to May 18th 750 puts, 1.55 credit
XSP rolls 5/14/26
#FuzzyLEAPs I noticed this last week but for some reason failed to react to it… we’ve been in a pattern of two days massively higher than third day pullback, or at least relax. Despite this, I keep waiting until late in the day for rolling, leaving a lot of money on the table on days like today. I need to sell dailys early, not late. Of course, throwing in the towel on a relentless rally could mean it will end soon. But muy management of this strategy for the past couple months has been quite poor. My account values still stuck and won’t advance.
XSP rolls 5/13/26
#FuzzyLEAPs Another nose bleed day so waiting past the morning was definitely the wrong move.
Rolled $XSP May 13th 740 puts to May 13th 740 puts, .55 credit
Rolled $XSP May 13th 735 puts to May 14th 735 puts, .20 credit
XSP rolls 5/12/26
#FuzzyLEAPs Back in the “sweet spot” where my daily strikes are near ATM. Since we’ve been droppinng the OTM one filled first. If we go higher I’ll get a nice fill on the ITM one.
Rolled UP $XSP May 12th 730 puts to May 13th 735 puts, 1.50 credit.
CPI highest since 2023
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the highest since May 2023.
XSP rolls 5/11/26
#FuzzyLEAPs
Rolled $XSP May 11th 732 to May 12th 732 puts, .25 credit
Rolled UP May 11th 730 puts to May 12th 740 puts, 1.50 credit
Earnings 5/11 – 5/15
Econ Calendar 5/11 – 5/15
XSL rolls 5/8/26
#FuzzyLEAPs
Rolled $XSP May 8th 732 puts to May 11th 732 puts, .69 credit
Rolled $XSP May 8th 730 puts to May 11th 730 puts, .51 credit
April Jobs Report
#Jobs — Much higher than expected again; UE holds.
Gain of +115,000 non-farm payroll jobs, vs. expected gain of 55K
Unemployment unchanged at 4.3%
U6 unemployment 8.2%, up by 0.2
Labor force participation down 0.1 to 61.8%
Average hourly earnings up by 0.2%; +3.6% Y/Y
March jobs revised up by +7K to +185K
February jobs revised down by -23K to -156K
XSP rolls 5/7/26
#fuzzyleaps
Rolled $XSP May 7th 732 puts to May 8th 732 puts, 1.01 credit
Rolled UP May 7th 725 puts to May 8th 730 puts, 1.00 credit
XSP rolls 5/6/26
#FuzzyLEAPs No relief, gotta keep rolling up. I have noticed my account values have not moved up for two months now. This is in contrast to the first 4 months of this strategy, which saw steady profits. So what happened? The war correction, obviously, but what about my management of the trades stopped the profits? I was able to roll almost every day for a CREDIT the whole time, so I’m betting it was the roll DOWNs of both LEAP spreads and daily puts. It deprived me of some the profit I should have reaped when the recovery happened. I need to examine what happened and come up with a better approach for next time. Any feedback is also welcome.
Rolled $XSP May 6th 725 puts to May 7th 725 puts, .16 credit
Rolled UP May 6th 720 puts to May 7th 732 puts, .74 credit
Also rolled up 685 LEAPs to 730. My LEAPs are now at 710, 720, and 730.
XSP rolls 5/5/26
#FuzzyLEAPs Very few good days for OTM puts. Just keep rolling higher.
Rolled $XSP May 5th 720 puts to May 6th 720 puts, .34 credit
Rolled UP May 5th 714 puts to May 6th 725 puts, 1.07 credit.
XSP rolls 5/4/26
#FuzzyLEAPs Filled on the way
D
O
W
N
Rolled $XSP May 4th 720 puts to May 5th 720 puts, 1.00 credit
Rolled $XSP May 4th 714 puts to May 5th 714 puts, .50 credit
Earnings 5/4 – 5/8
Econ Calendar 5/4 – 5/8
XSP rolls 5/1/26
#FuzzyLEAPs Relentless upside continues so I keep rolling higher.
Rolled $XSP May 1st 714 puts to May 4th puts, .32 credit
Rolled UP May 1st 712 puts to May 4th 720 puts, .90 credit
XSP rolls 4/30/26
#FuzzyLEAPs An awful day to delay rolling… I seem to get this wrong on a majority of days and can’t find a way to make it better
Rolled $XSP Apr 30th 712 puts to May 1st 712 puts, .23 credit
Rolled UP Apr 30th 710 puts to May 1st 714 puts, .37 credit
Also rolled up some LEAPs from 675 level to 720 level, 14.34 debit for that roll. Now my leaps are at 720, 710, and 685.
XSP rolls 4/29/26
#FuzzyLEAPs Ending my day early, thanks to the Fed for high premiums.
Rolled $XSP Apr 29th 712 puts to Apr 30th 712 puts, 2.10 credit
Rolled $XSP Apr 29th 710 puts to Apr 30th 710 puts, 2.00 credit
XSP rolls 4/28/26
#FuzzyLEAPs No waiting today
Rolled $XSP Apr 28th 712 puts to Apr 29th 712 puts, 1.40 credit
Rolled $XSP Apr 28th 710 puts to Apr 29th 710 puts, 1.20 credit
XSP rolls 4/27/26
#FuzzyLEAPs Another drip UP day so waiting on OTM rolls worked out badly
Rolled $XSP Apr 27th 710 puts to Apr 28th 710 puts, .30 credit
Rolled UP Apr 27th 708 puts to Apr 28th 712 puts, .50 credit













































