Rolled $SPX Jun 1 7520 puts out to Jun 2 7520 puts @ 5.65 credit
Rolled $SPX Jun 1 7525 puts out to Jun 2 7525 puts @ 6.20 credit
Rolled $SPX Jun 1 7530 puts out to Jun 2 7530 puts @ 6.80 credit
#FuzzyLEAPs
Author Archives: Ramie
SPX rolls
Moved all 7400 LEAPs to 7500:
Rolled long $SPX Dec 2030 7400 puts up to 7500 puts @ 26.40 debit
Short puts:
Rolled $SPX May 29 7500 puts out to Jun 1 7520 puts @ 5.80 credit
Rolled $SPX May 29 7505 puts out to Jun 1 7525 puts @ 6.50 credit
Rolled $SPX May 29 7510 puts out to Jun 1 7530 puts @ 7.75 credit
SPX rolls
Rolled $SPX May 27 7445 puts out to May 28 7450 puts @ 4.55 credit
Rolled $SPX May 27 7450 puts out to May 28 7455 puts @ 5.25 credit
Rolled $SPX May 27 7455 puts out to May 28 7460 puts @ 6.00 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX May 22 7445 puts out to May 26 7445 puts @ 13.65 credit
Rolled $SPX May 22 7450 puts out to May 26 7450 puts @ 14.15 credit
Rolled $SPX May 22 7455 puts out to May 26 7455 puts @ 14.25 credit
Rolled $SPX May 22 7310 puts out to May 26 7400 puts @ 8.10 credit
SPX rolls
Rolled $SPX May 21 7445 puts out to May 22 7445 puts @ 7.15 credit
Rolled $SPX May 21 7450 puts out to May 22 7450 puts @ 6.70 credit
Rolled $SPX May 21 7455 puts out to May 22 7455 puts @ 6.45 credit
SPX rolls
Was away from my desk earlier. Late in the day roll didn’t yield much for 1 day so I rolled out to Thursday to get some premium:
Rolled $SPX May 19 7445 puts out to May 21 7445 puts @ 9.10 credit
Rolled $SPX May 19 7450 puts out to May 21 7450 puts @ 9.20 credit
Rolled $SPX May 19 7455 puts out to May 21 7455 puts @ 7.05 credit
SPX rolls
Rolled $SPX May 15 7445 puts out to May 18 7445 puts @ 14.15 credit
Rolled $SPX May 15 7450 puts out to May 18 7450 puts @ 13.75 credit
Rolled $SPX May 15 7455 puts out to May 18 7455 puts @ 13.25 credit
Rolled $SPX May 15 7250 puts out to May 22 7310 puts @ 24.25 credit
SPX rolls
Rolled $SPX May 14 7350 puts out to May 15 7445 puts @ 6.35 credit
Rolled $SPX May 14 7360 puts out to May 15 7450 puts @ 7.05 credit
Rolled $SPX May 14 7365 puts out to May 15 7455 puts @ 8.10 credit
Moving LEAPs up
Rolled $SPX Dec 2030 long 7300 puts up to 7400 puts @ 32.50 debit.
All of my LEAP strikes are now at 7400 in Dec 2030.
SPX rolls
Rolled $SPX May 12 7350 puts out to May 13 7350 puts @ 10.45 credit
Rolled $SPX May 12 7360 puts out to May 13 7360 puts @ 11.00 credit
Rolled $SPX May 12 7365 puts out to May 13 7365 puts @ 11.05 credit
Also, right before the close yesterday I rolled most of my LEAPs up to the Dec 2030 7400 strike. One position is still at 7300. I’ll roll it up if this rally continues.
SPX rolls
Rolled $SPX May 11 7310 puts out to May 12 7350 puts @ 5.70 credit
Rolled $SPX May 11 7330 puts out to May 12 7360 puts @ 6.75 credit
Rolled $SPX May 11 7350 puts out to May 12 7365 puts @ 7.65 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX May 7 7250 puts out to May 8 7310 puts @ 6.75 credit
Rolled $SPX May 7 7260 puts out to May 8 7320 puts @ 7.65 credit
Rolled $SPX May 7 7270 puts out to May 8 7330 puts @ 9.10 credit
All my LEAPs are now at the Dec 2030 7200 strike with the exception of one position at 7300.
SPX rolls
Rolled $SPX May 5 7210 puts out to May 6 7215 puts @ 6.85 credit
Rolled $SPX May 5 7200 puts out to May 6 7210 puts @ 6.70 credit
Rolled $SPX May 5 7195 puts out to May 6 7205 puts @ 6.35 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX May 4 7195 puts out to May 5 7195 puts @ 11.80 credit
Rolled $SPX May 4 7200 puts out to May 5 7200 puts @ 11.70 credit
Rolled $SPX May 4 7210 puts out to May 5 7210 puts @ 11.10 credit
$SPX adding LEAPs
Bought $SPX Dec 20 2030 7200 puts @ 736.90
Sold $SPX May 8 7130 puts outside the expected move @ 17.50
#FuzzyLEAPs
SPX rolls
Rolled $SPX May 1 7095 puts out to May 4 7195 puts @ 7.15 credit
Rolled $SPX May 1 7100 puts out to May 4 7200 puts @ 8.25 credit
Rolled $SPX May 1 7150 puts out to May 4 7210 puts @ 9.25 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX Apr 30 7095 puts out to May 1 7095 puts @ 9.55 credit
Rolled $SPX Apr 30 7100 puts out to May 1 7100 puts @ 10.30 credit
Rolled $SPX Apr 30 7150 puts out to May 1 7150 puts @ 10.85 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX Apr 27 7070 puts out to Apr 28 7100 puts @ 7.45 credit
Rolled $SPX Apr 27 7060 puts out to Apr 28 7095 puts @ 6.95 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX Apr 24 7070 puts out to Apr 27 7070 puts @ 9.25 credit
Rolled $SPX Apr 24 7060 puts out to Apr 27 7060 puts @ 8.10 credit
SPX rolls
Rolled $SPX Apr 23 7060 puts out to Apr 24 7060 puts @ 7.20 credit
Rolled $SPX Apr 23 7070 puts out to Apr 24 7070 puts @ 8.20 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX Apr 22 7050 puts out to Apr 23 7070 puts @ 8.90 credit
Rolled $SPX Apr 22 7030 puts out to Apr 23 7060 puts @ 8.10 credit
#FuzzyLEAPs
SPX rolls
Rolled $SPX Apr 21 7050 puts out to Apr 7050 puts @ 7.15 credit
Rolled $SPX Apr 21 7030 puts out to Apr 7040 puts @ 6.25 credit
SPX rolls
Rolled $SPX Apr 20 7060 puts to Apr 21 7030 puts @ 5.05 credit
Rolled $SPX Apr 20 7050 puts to Apr 21 7050 puts @ 8.90 credit
SPX roll
Limited access Thu/Fri this week so continuing to move everything to next week.
Rolled $SPX Apr 15 6880 puts out to Apr 20 6800 puts @ 16.25 credit
SPX roll
Rolled $SPX Apr 14 6775 puts to Apr 15 6880 puts @ 6.75 credit
SPX roll
Rolled $SPX Apr 13 6750 puts up and out to Apr 14 6775 puts @ 5.15 credit
SPX adding
Opened Dec 2030 6900 puts + 6900/7300 bear call spreads @ 540.00
Selling against it:
Sold Apr 15 6750 puts @ 9.00
#FuzzyLeaps
SPX roll
Rolled $SPX Apr 10 6700 puts up and out to Apr 13 6750 puts @ 10.15 credit. Strike just outside the expected move.
#FuzzyLeaps
SPX roll
Rolled $SPX Apr 9 6700 puts out to Apr 10 6700 puts @ 6.25 credit
SPX roll
Rolled $SPX Apr 8 6640 puts up and out to Apr 9 6700 puts @ 9.25 credit
SPX roll
Rolled $SPX Apr 7 6660 puts down and out to Apr 8 6640 puts @ 6.55 credit
SPX roll
Rolled $SPX Mar 31 6660 puts out to Apr 6 6660 puts @ 7.00 credit
SPX roll
Rolled $SPX Mar 30 6660 puts out to Mar 31 6660 puts @ .40 credit. If no bounce tomorrow will roll further out then.
SPX roll to Monday
I should have rolled these earlier in the day but I waited too long. Because of that I wasn’t able to get a credit to roll to tomorrow so I’m moving these to Monday:
Rolled $SPX Mar 26 6660 puts out to Mar 30 6660 puts @ 8.40 credit
SPX roll
Rolled $SPX Mar 25 6660 puts out to Mar 26 6660 puts @ 11.45 credit
Closing SPX puts before the weekend
Leaving paired short LEAP positions uncovered again.
Bought to close $SPX Mar 6 6740 put @ 6.20
Bought to close $SPX Mar 6 6760 put @ 15.50
SPX roll
Rolled $SPX Mar 5 6800p down and out to Mar 6 6740 put @ 10.15 credit
SPX roll
Rolled $SPX Mar 3 6820 put down and out to Mar 4 6770 put @ 3.85 credit
SPX put roll
$SPX closing at 6881.62 replaced expiring Mar 2 6780 put: Sold to open Mar 3 6820p @ 10.50, tomorrow around 25 points outside the expected move.
SPX put
Starting to put covers back on the synthetic short LEAPS.
Sold $SPX Mar 2 6780 put @ 6.30
Took profits on GUSH
On the spike in oil, closed this position at the open: Sold to close Mar 20 35 calls @ 2.12. Bought for .56 on Feb 10.
Closing short SPX puts
Taking these off and leaving the paired synthetic shorts uncovered for potential weekend downside if there is military action in the middle east:
Bought to close $SPX Feb 27 6860 put @ .35
Bought to close $SPX Feb 27 6890 put @ 17.30
SPX rolls
Rolled:
$SPX Feb 26 6860 put out to Feb 27 6860 put @ 9.00 credit
$SPX Feb 26 6890 put out to Feb 27 6890 put @ 16.15 credit
SPX roll
Rolled Feb 25 6860 put out to Feb 26 6860 put @ 11.90 credit
Rolled Feb 25 6920 put down and out to Feb 26 6890 put @ 11.20 credit
SPX roll
Rolled $SPX Feb 24 6860 put out to Feb 25 6860 put @ 12.00 credit
SPX rolls
Rolled $SPX Feb 23 6860 put out to Feb 24 6860 put @ 12.60 credit
Rolled $SPX Feb 23 6920 put out to Feb 25 6920 put @ 4.20 credit
SPX roll
Rolled $SPX Feb 20 6860 put out to Feb 23 6860 put @ 14.15 credit
SPX roll
Rolled $SPX Feb 19 6860 put out to Feb 20 6860 put @ 15.80 credit
SPX rolls
Rolled $SPX Feb 18 6860 put out to Feb 19 6860 put @ 10.80 credit
Rolled $SPX Feb 18 6920 put out to Feb 19 6920 put @ 9.35 credit
SPX rolls
Rolled $SPX Feb 17 6860 put out to Feb 18 6860 put @ 18.55 credit
Rolled $SPX Feb 17 6920 put out to Feb 18 6920 put @ 3.60 credit
SPX rolls
Rolled $SPX Feb 13 6920 put out to Feb 17 6920 put @ 7.20 credit
Rolled $SPX Feb 13 6860 put out to Feb 17 6860 put @ 24.45 credit
SPX rolls
Rolled $SPX Feb 12 6920 put out to Feb 13 6950 put @ 7.90 credit
Rolled $SPX Feb 12 6860 put out to Feb 13 6860 put @ 20.90 credit
SPX put
Sold to open $SPX Feb 12 6860 put @ 9.40
SPX put roll
Rolled $SPX Feb 10 6935 put out to Feb 11 6935 put @ 10.25 credit.
I may end up taking this off before the end of the day with the the reschedule jobs report tomorrow before the open.
Closing SPX short put
Bought to close $SPX Feb 10 6850 put @ .90, taking 9.85 profit and leaving the paired LEAP short synthetic uncovered (Dec 2029 6900/6900/7300).
SPX roll
Rolled $SPX Feb 9 6935 put out to Feb 10 6935 put @ 8.95 credit
SPX rolls
Rolled $SPX Feb 6 6935 put out to Feb 9 6935 put @ 6.75 credit
Rolled $SPX Feb 6 6750 put up and out to Feb 9 6780 put @ 8.70 credit
SPX 0DTE roll
Rolled $SPX Feb 5 6925 put out to Feb 6 6925 put @ .80 credit
Rolling LEAPS
Took 61.50 profit on the $SPX Dec 2029 synthetic short (long 6800 puts+short 6800/7200 spread) and rolled it out a year to Dec 2030 same strikes (6800/6800/7200) for 54.00 debit.
#FuzzyLeaps
SPX roll
Rolled $SPX Feb 2 6900 puts up and out to 6935 puts @ 7.80 credit
SPX rolls
Rolled $SPX Jan 30 6925 puts down and out to 2/2 6900 puts @ 9.95 credit
#FuzzyLeaps
Fading silver
Sold to open $SLV Jan 16 70/75 bear call spread @ .89. IV rank is 89.
SPX put butterfly
Borrowing a TastyTrade idea for a downside hedge: Bought $SPX Feb 20 6575/6600/6625 put butterfly @ .35 debit.
SPX roll
Rolled $SPX Dec 22 6855 put up and out to Dec 23 6860 put @ 8.45 credit
Fed surprise cut
https://x.com/FirstSquawk/status/1998830289087562007
Testing out the @fuzzballl SPX…
Testing out the @fuzzballl SPX strategy
I’m joining Jeff and some others in trying out Fuzzy’s well-documented strategy (YouTube videos were very helpful, thanks!)
Basically, I’m looking for less stress, or maybe more accurately less need to constantly watch my screen during the trading day monitoring 0DTE SPX trades. I’ve been profitable selling put and call spreads over the last couple of years but the volatility creates big up and down weeks which require a lot of maintenance as many here have talked about.
After careful review of the strategy I decided to put a 1 lot out there and watch it closely, and get into the rhythm of the daily rolls. I’ll run this parallel to my existing trades for a while and at some point I will look to jump to the @fuzzballl‘s LEAP strategy exclusively if I can create close to the income I’m currently generating. Life is too short LOL.
So here is my first pilot position:
A little while ago, with SPX around 6640-
Bought Dec 2029 LEAP 6600/6600/7000 @ 460.25
Sold Nov 24 6590 put at the expected move @ 7.90
I’ll obviously be watching closely and tracking all the trades carefully to monitor cost basis reduction.
Thank you Fuzzy for sharing all of this info with us, in the forum daily and on YouTube. I hope my decision to enter doesn’t cause the market to go into a tizzy. I know we all have that power around here. 😀
No jobs report tomorrow
Due to government shutdown
(in case someone hasn’t already mentioned it)
PLTR
25% pullback over the last week and now a bounce back up above the 50DMA. Sold to open Sep 19 130/120 bull put spread @ 1.17.
NFLX IC
Sold to open a $NFLX Aug 29 1090/1100/1320/1330 iron condor @ 2.50, short strikes 16 delta
Closing AMZN short puts
Bought to close $AMZN Apr 25 190 puts @ 2.63
Original sale (Apr 4 190 puts) + roll out to Apr 25: 4.36 credit
Profit: 1.73
April 17 expiration
Mopping up the wreckage:
$AMZN Apr 17 205 put:
Accumulated credit: 3.31
Assigned @ 205.00/covered for 173.38 = 31.62 debit
Rolled to May 16 205 put, sold for 31.95
Position is now directional/in the money May 16 short 205 put with total credit 3.64 (breakeven 201.36)
$AMZN Apr 17 170 put expired for full profit (1.20)
$UVXY Apr 17 25/35 bear call spread:
Sold for 1.20 credit
Assigned short calls/took full loss on call spread: 10.00 debit
Net loss 8.80
Waiting until Monday to reinitiate a replacement position
$UVXY Apr 17 30/40 bear call spread
Sold for 1.56 credit
Bought 30 calls @ 5.85 debit
Net loss 4.29
Waiting until Monday to reinitiate a replacement position
UVXY call spread
Sold $UVXY Jun 20 65/75 bear call spread @ 1.80
T2108
Worden T2108 (% of stocks above the 40 day moving average) currently at 7.61, was as low as 6.56 intraday.
Rolling AMZN
Rolled $AMZN Apr 4 190 puts out to Apr 25 190 puts @ 3.10 credit.
Total credit in position: 4.36
$AMZN Apr 4 200 puts were assigned overnight. Sold the stock and rolled out to 4/25 200 puts for 1.11 credit.
Total credit in position: 3.35
UVXY May call spread
Sold to open $UVXY May 16 25/35 bear call spread @ 1.38
Options Bistro 