#FuzzyLEAPs
Rolled $XSP Feb 13th 693 puts to Feb 17th 693 puts, .70 credit
Need some more height to roll the 696.

#FuzzyLEAPs Seems like we’ve had a pattern lately of opening higher then pulling back into the negative, before ending day near even. Today my orders for both 693 and 696 are in for 1.20. I have to leave for a couple hours so we’ll see what has filled when I get back.

And before I pressed Post…
Rolled $XSP Feb 12th 693 puts to Feb 13th 693 puts, 1.20 credit

#FuzzyLEAPs
Rolled $XSP Feb 11th 693 puts to Feb 12th 693 puts, .70 credit. Tried to pick a low since this is decently OTM but we went even lower. Waiting on the 696 roll since that’s ATM right now.

#FuzzyLEAPs
Rolled $XSP Feb 10th 693 to Feb 11th 693, .95 credit. (14.92 total since Jan 9th)
Going to leave my Feb 11th 696 and roll it tomorrow. (10.25 total since Jan 12th)

#FuzzyLEAPs
Rolled $XSP Feb 9th 693 puts to Feb 10th 693 puts, .80 credit.
Earlier, rolled Feb 10th 696 put to Feb 11th 696 put, .90 credit. I rolled this a day ahead since premium was decent, however now that it’s ATM I wish i was same day and not a day ahead. I also was trying to add another but missed my fill in the morning and then this took off. Could have gotten over 6.00 in the morning.

#FuzzyLEAPs
Rolled $XSP Feb 5th 693 puts to Feb 9th 693 puts, .80 credit.
Working on 696 roll.
Had a fat-fingered mistake yesterday since I just started incorporating a second account, but misallocated the rolls, so one account got slammed by today’s drop and the other benefited by not participating.

#FuzzyLEAPs Since we were opening ATM I put the order in early and was filled 5 minutes after the open.
Rolled $XSP Feb 4th 693 put to Feb 5th 693 put, 1.25 credit.
Waiting on my 696 puts

#FuzzyLEAPs All done too early, as it turns out… played it the opposite of yesterday and was wrong again.
Rolled $XSP Feb 3rd 696 puts to Feb 4th 696 puts, .80 credit
Rolled $XSP Feb 3rd 693 puts to Feb 4th 693 puts, .55 credit
Sold another Feb 4th 693 put for .70.

#FuzzyLEAPs Got enough of a dip at day’s end to finally get decent rolls
Rolled $XSP Feb 2nd 696 puts to Feb 3rd 696, 1.00 credit
Sold Feb 3rd 693 puts for .50; letting today’s expire; left an extra one uncovered

#FuzzyLEAPs
Rolled $XSP Jan 30th 693 to Feb 2nd 693 puts, 1.50 credit.

After 4 days of misplaying the waiting game, getting it right today. This filled right when XSP was passing through 693.00. My order to roll 696 puts is for the same amount and should fill if we can get back to that level, which we already crossed three times today.

#FuzzyLEAPs
Rolled $XSP Jan 29th 693 puts to Jan 30th 693 puts, .80 credit
Order is in to roll my 696 puts

#FuzzyLEAPs
At the overnight highs in futures (which would have been all time market highs had the market been open), filled on a fourth $XSP LEAP spread: Dec 2028 695/695/735 for 38.40.

Will add another daily put today, going with all 4 XSP LEAPs with daily puts and my $SPY spread as a hedge.

#FuzzyLEAPs
Sold $XSP Jan 28th 693 put for .47. Letting today’s 692 put expire. Just like yesterday, selling on a last minute drop when rolling at the open would have been best move. But today I moved a strike higher.

#FuzzyLEAPs
Rolled $XSP Jan 28th 696 puts to Jan 29th 696 puts for .95 credit

Since XSP is trading right at 696, I’m rolling this today, 2 days before expiration. I think the importance of being ATM overrides the distance to expiry as optimal time for rolling.

Working on rolling my XSP 692 put but since we’ve gone up all day the best time to do this was at the open. We are now enough above $SPY 692 that I will leave my Jan 28th put there to continue to drain. I want to leave my one SPY LEAPs spread “uncovered” as a hedge.

#FuzzyLEAPs
Rolled $XSP Jan 23rd 692 put to Jan 26th 692 put, .90 credit.

#FuzzyLEAPs Rolled $SPY Jan 26th 692 put to Jan 27th 692 put, .44 credit. Staying ahead of the expiry to avoid early assignment.

#FuzzyLEAPs This will be a boring week waiting for a rebound. Trying to roll to Friday or Monday but only one filled so far. I was waiting for possibility of ending higher but we turned south instead.

Rolled $XSP Jan 20th 692 put to Jan 23rd 692 put, .75 credit

#FuzzyLEAPs
Filled at the bell: Rolled $XSP Jan 16th 692 put to Jan 20th 692 put for .83

I had this order going in pre-market with no fill. Filled immediately after bell, after which premium quickly dropped to around .70. This seems to be a good fill for being 4 pts OTM…. grabbing high premium at the volatile moment of the open may be an approach to consider often.

I was NOT filled on 696 roll, limit order of 1.10. But I will wait since we are ATM like yesterday.

#fuzzyleaps
Rolled $XSP Jan 15th 692 put to Jan 16th 692 put for .53
Order in for .88 to roll the 696 puts. Since this is close to the money roll premium should increase as day progresses.

#FuzzyLEAPs
Rolled $XSP Jan 14th 692 put to Jan 15th 692 put, .83 credit
Missed the fill on rolling ITM 696 puts. Waiting to see if we can rally into afternoon.

Closed my third $SPY spread:
STC $SPY Jan 2028 685/685/725 LEAP spread for 31.20 right after the open (could have almost been breakeven had I waited)
Originally bought for 33.50 on Dec 11th.
Loss of -2.25 on LEAPs
Gain of 13.67 on daily put sales.
TOTAL profit +11.42

I now have one 690/690/730 $SPY LEAP spread I plan to keep open as a hedge.
I have ITM Jan 14th 692 put that I will keep rolling until it expires worthless, after which I will leave the LEAP spread “uncovered” with no daily puts.
I will also add a fourth and final $XSP LEAP spread when we return toward new highs.

#FuzzyLEAPs
Rolled $XSP Jan 13th 696 puts to Jan 14th 696 puts, .85 credit
Rolled $SPY Jan 13th 692 put to Jan 14th 692 put, .70 credit

Will probably sell another XSP daily today.
I’m going to dump one of my two $SPY spreads on a decent pullback, and may keep the other as a longer-term hedge against XSP strategy going forward.

#FuzzyLEAPs
Rolled $SPX Jan 12th 692 put to Jan 13th 692 put for .90

Opened my second $XSP LEAP spread (replacing SPY spread closed on Friday).
Dec 2028 690/690/730 spread for 37.60
Sold against it TODAY’s 694 put for .77

I could have sold tomorrow’s 694 for almost twice the price, so it may be futile to sell same day then roll later, but kind of testing that out.

Now I have 2 positions on each of SPY and XSP. I have one short put on each that are not rolled yet.
I will wait to close another SPY on a down day. I’m fine for now with two of each as assignment risk is lower than before.

#FuzzyLEAPs $SPY
Rolled Jan 8th 687 put to Jan 9th 687 put for 1.11
Rolled Jan 8th 689 put to Jan 9th 689 put for 1.10
Rolled Jan 8th 691 put to Jan 9th 691 put for 1.00

Bought to close 690 put for 1.66 (sold for 1.03 yesterday)
Sold to close Jan 2028 LEAPs spread 690/690/730 for 34.45. Bought this for 33.20 on Tuesday.
I closed this spread and its daily short with intention to migrate to $XSP. I made 1.25 on the LEAPs and .18 on 2 put sales.

#FuzzyLEAPs $SPY rolls:
Rolled Jan 7th 689 put to Jan 8th 689 put for .53
Rolled Jan 7th 690 put to Jan 8th 690 put for .60
Rolled Jan 7th 686 put FIVE strikes higher to Jan 8th 691 put for 1.23

Still leaving one LEAP spread without a daily short, which I’ll probably add on a decent pull back. Also considering migrating this whole mess to $XSP to avoid assignment risk.

#FuzzyLEAPs Rolling on the intraday swings

At the low of day, rolled $SPY Jan 6th 686 put to Jan 7th 686 put for .61 (10.25 so far)

As we spiked higher, rolled Jan 6th 689 put to Jan 7th 689 put for .69 (7.42 so far)

My 687 roll didn’t fill yet, so looking for another dip to get good premium. (15.87 so far)

#FuzzyLEAPs Tried to wait for a dip to roll but never got it. As a result, I’m getting less than I could have had I rolled early. However, now I feel we are enough above 686 that I’m going to let today’s expire.

Sold $SPY Jan 6th 686 put for .66. Today’s 686 will expire, barring some last minute crash, in which case I will close it.

My other two expire tomorrow so I will let them ride since they are close enough to the money, 687 and 689.

#FuzzyLEAPs I was assigned 200 shares of $SPY from my Jan 2nd 687 puts. Oddly, I was NOT assigned from my deeper ITM 689 put. That may have been due to margin considerations.

Today I sold the stock for 686.75. Cost basis was 685.78, given the price of my roll trade on Wednesday.

Then:
Sold (1) Jan 5th 687 put for 2.40
Sold (1) Jan 5th 686 put for 1.74

Also:
Rolled Jan 2nd 689 put to Jan 6th 689 put, .90 credit (skipping a day to avoid assignment)

Pretty easy management of the assignment. Wish I had waited a bit to sell the puts because now they are over a dollar higher each.

#FuzzyLEAPs Rolled $SPY Dec 30th 687 puts to Jan 2nd 687 puts for 1.22. (Two puts with total rolls of 13.57 and 7.44 respectively).

I am traveling rest of today and tomorrow, so rolled to Friday expiry. Doing the same with my 689 put.

#FuzzyLEAPs Rolled $SPY Dec 29th 687 puts to Dec 30th 687 puts for .65.

Working on rolling the 689 put.

#FuzzyLEAPs Rolled $SPY Dec 26th 688 put to Dec 29th 689 put for .70 (2.14 so far).

I have (2) 687 puts I will also be rolling.

#FuzzyLEAPs Rolled $SPY Dec 24th 688 put to Dec 26th 688 put for .62 (1.44 so far)

No pullback so put prices just screaming toward zero. I have 683 and 684 puts today that I can’t get meaningful premium to roll. I will probably allow to expire and roll up several strikes. Or skip sales for Friday’s expiry and start fresh then.

#FuzzyLEAPs Rolled $SPY Dec 23rd 683 put to Dec 24th 683 put, .36 credit (4.84 so far)
Rolled Dec 23rd 682 put UP two strikes to Dec 24th 684 put, .85 credit (11.08 so far)

#FuzzyLEAPs Rolled $SPX Dec 22nd 683 put to Dec 23rd 683 put, .50 credit (4.48 so far). Now I have 682 and 683 ITM puts for the 23rd.

#FuzzyLEAPs Rolled $SPY Dec 19th 682 put to Dec 23rd 682 put, .97 credit (10.23 total). Leaving my Monday 683 put until tomorrow.

Frankly surprised that the option I rolled wasn’t assigned stock overnight. It has huge Open Interest, since it is a monthly, and we ended yesterday with it over 3 dollars ITM. I guess since there was still another day to expiry it survived, which is the reason I am rolling a day ahead while I am ITM.

#FuzzyLEAPs Rolled $SPY Dec 18th 684 put to Dec 22nd 683 put, 1.26 credit (3.98 total). This rolls tomorrow’s put until Monday, and one strike lower. For now I am leaving Friday’s 683 put to stand.

#FuzzyLEAPs Rolled $SPY Dec 16th 683 put to Dec 19th 682 put, 2.10 credit (9.28 so far). Rolled this a strike down but went all the way to Friday, which has a significant jump in premium from Thursday.

For my 684 put, rolled Dec 16th 684 to Dec 18th 684, .80 credit. Keeping this ITM at same level, rolling to Thursday.