Moving out to March. Selling just outside the expected move at the 200 day.
Sold SPY Mar 20 2026 630.0 Put @ 4.25
Sold SPY Mar 20 2026 640.0 Put @ 5.25
Rolled SPY Feb 20 2026 350.0 Puts to Mar 20 2026 350.0 Puts @ .10 debit (long puts)
Category Archives: Uncategorized
SPX
#onlyspreads
STO SPX 6 FEB 2026 6605/6600 PUT @.30
SPX
Straight roll to tomorrow. Same exact numbers just dates changed. 🙂 🙂 🙂 SPX unchanged for the week:
Rolled SPX Jan 29 2026 6925.0 Puts to Jan 30 2026 6925.0 Puts @ 11.00 credit (62.30 total now)
Rolling up a couple of the ladder positions on the dip:
Rolled SPX Feb 04 2026 6825.0 Put to Feb 04 2026 6850.0 Put @ 4.00 credit (30.70 total now)
Rolled SPX Feb 05 2026 6825.0 Put to Feb 05 2026 6850.0 Put @ 4.75 credit (34.80 total now)
And adding:
Sold SPX Feb 06 2026 6850.0 Put @ 29.60
XSP rolling 1/29/26
#FuzzyLEAPs
Rolled $XSP Jan 29th 693 puts to Jan 30th 693 puts, .80 credit
Order is in to roll my 696 puts
SPX
#FuzzyLEAPs
Rolled Jan 29 2026 6815 Put to Feb 4 2026 6875 Put @ 16.00 (total 54.30 now)
Looks like I could have gotten more by waiting, but decided to try rolling at the open in case of another straight up day. Maybe some resistance at SPX 7000?
SPX
What a beautiful headline!! 🙂 🙂 🙂
SLV Expiration
1 SLV 01/28/2026 71/77.5 Bull Put Spread
SPX
#FuzzyLEAPs
Filled after the close during MSFT, META, & TSLA earnings.
STO Feb 3rd 2026 6850 Put @ 17.00
4/4 LEAPs covered now.
SPX
Straight roll to tomorrow.
Rolled SPX Jan 28 2026 6925.0 Puts to Jan 29 2026 6925.0 Puts @ 11.00 credit (51.45 total now)
Rolling up the ladder positions on the little dip.
Rolled SPX Jan 30 2026 6825.0 Put to Jan 30 2026 6900.0 Put @ 8.50 credit (28.80 total now)
Rolled SPX Feb 02 2026 6810.0 Put to Feb 02 2026 6875.0 Put @ 7.00 credit (28.50 total now)
Rolled SPX Feb 03 2026 6800.0 Put to Feb 03 2026 6850.0 Put @ 5.50 credit (28.50 total now)
Rolled SPX Feb 04 2026 6775.0 Put to Feb 04 2026 6825.0 Put @ 4.50 credit (26.70 total now)
Rolled SPX Feb 05 2026 6770.0 Put to Feb 05 2026 6825.0 Put @ 5.75 credit (30.05 total now)
SPX
Adding one pre Fed.
Sold SPX Jan 29 2026 6925.0 Put @ 12.50
GLD Puts
Sold 1 GLD 01/30/2026 458/463 Bull Put Spread at $0.26 Credit
Sold 1 GLD 02/02/2026 453/458 Bull Put Spread at $0.36 Credit
SPX
Has anyone tried to model the risk/reward of selling 1 DTE vs. 4 or 7 DTE puts on SPX for #FuzzyLEAPs?
What is better?
SOXL news
ASML negative on the day
Pre-market peak 1604.16
Low a few minutes ago 1415.62
A warning?
SLV SOXL Puts
Sold 1 SLV 02/02/2026 81/87.5 Bull Put Spread at $0.53 Credit
Sold 1 SOXL 01/30/2026 54.5/59 Bull Put Spread at $0.22 Credit
Sold 1 SOXL 01/30/2025 55/60 Bull Put Spread at $0.27 Credit
XSP rolling and LEAPs 1/28/26
#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.
SPX
#FuzzyLEAPs
Hoping to fill the unsold 2 rungs of my time ladder today. Since Jan 30 options have a much higher theta/vega ratio, planning to sell that one at the open. Then, since the Feb 3 options are more vega exposed, planning to sell that one during Powell’s press conference.
With that in mind, I have an open order to sell the Jan 30 6895 Put @ 11.00.
XSP roll 1/27/26
#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.
SOXL Puts
Sold 1 SOXL 53.5/55.5 Bull Put Spread at $0.16 Credit
IP PSKY T Puts
Sold 1 IP 01/30/2026 35.0 Put at $0.10
Sold 1 IP 01/30/2026 34.0 Put at $0.10
Sold 1 PSKY 01/30/2026 11.5 Put at $0.12
Sold 1 T 01/30/2026 21.5 Put at $0.06
SPX
#FuzzyLEAPs
STO Feb 2nd 2026 6850 Put @ 15.00 (4 trading days out).
Trying to fill the missing rung from yesterday but not in a hurry to do so with tomorrow being a Fed day. Currently 2/4 LEAPs covered.
PAYX Stock
Added a tiny bit more PAYX at $104.80. Probably my last buy for now.
EX-Div tomorrow
#DividendCapture #FallingKnife
SPX
Out all day so an early roll. Moving everything this week to the same strike.
Rolled SPX Jan 27 2026 6920.0 Put to Jan 28 2026 6925.0 Put @ 7.50 credit (44.10 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (42.00 total now)
Rolled SPX Jan 27 2026 6925.0 Puts to Jan 28 2026 6925.0 Puts @ 7.00 credit (28.00 total now)
SLV
#onlyspreads
#follow@optioniceman
Sto SLV-2 FEB 2026 77.5/71 PUT @.30
Sto SLV 30 JAN 2026 77.5/71 PUT @.19
HUM Puts
Sold 1 HUM 01/30/2026 195/200 Bull Put Spread at $1.00 Credit
Bought 1 HUM 02/06/2026 190.0 Put / Sold 1 HUM 01/30/2026 200.0 Put at $0.60 Diagonal Credit
SPX
One more fill on a standing order I left in.
Rolled SPX Jan 26 2026 6900.0 Put to Jan 27 2026 6925.0 Put @ 10.00 credit (21.00 total now)
SLV
#onlyspreads
STO SLV 4 FEB 2026 77.5/71 PUT @.48
#follow@optioniceman
XSP and SPY rolling 1/26/26
#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.
SLV Put Ladder
Sold 1 SLV 02/04/2026 71/77.5 Bull Put Spread at $0.43 Credit
Sold 1 SLV 02/02/2026 71/77.5 Bull Put Spread at $0.26 Credit
Sold 1 SLV 01/30/2026 71/77.5 Bull Put Spread at $0.18 Credit
Sold 1 SLV 01/28/2026 71/77.5 Bull Put Spread at $0.15 Credit
PAYX Stock
Added a tiny bit more PAYX at $105.80
EX-Div Jan 28th for $1.08/share
SPX
Out all day so an early roll. Still sitting on a 6900 in case of an afternoon pullback to roll it.
Rolled SPX Jan 26 2026 6920.0 Puts to Jan 27 2026 6920.0 Puts @ 7.00 credit (36.60 total now)
Rolled SPX Jan 26 2026 6925.0 Put to Jan 27 2026 6925.0 Put @ 7.00 credit (35.00 total now)
Monday trades
Sold HPQ 01/30/2026 20.5 Covered Calls at $0.07
Sold 1 DOW 01/30/2026 32.0 Covered Call at $0.12
#EveryLittleBitHelps
Sold 1 CMCSA 01/30/2026 25.5 Put at $0.06
Sold 1 IP 01/30/2026 36.0 Put at $0.15
Sold 1 KMB 01/30/2025 95.0 Put at $0.20
Sold 1 T 01/30/2026 22.0 Put at $0.09
#TinyPuts
SPX
Anybody else waiting for a dip? I’m hoping to fade this up open. Hoping for a pullback to around 6935. SPX at 6947 now…
DVN Stock
Sold another tiny bit of DVN at $39.20 pre-market
#FormerFallingKnife
Earnings 1/26 – 1/30
Econ Calendar 1/26 – 1/30
OptionsExpiration
SOXL 35/40 Bull Put Spread
SOXL 44/48.5 Bull Put Spread
SOXL 44.5/49.5 Bull Put Spread
SOXL 45/50 Bull Put Spread
SOXL 45.5/50.5 Bull Put Spread
SPY 651/658 Bull Put Spread
XSP 655/660 Bull Put Spread
HLT 307.5/302.5 Bear Call Spread (after several roll ups)
BOIL 15/21 Bull Put Spread
CPB 25.0 Put
DOW 33.0 Covered Call
HPQ 19.0 Put
INTC 44.5 Put
SOXL 54.0 Put
SPCE 4.5 Covered Calls
Assignments:
HPQ 20.0 Puts – will write covered calls next week
BOIL 18.0 Covered Call
BOIL 22.0 Covered Call
DVN HAL SLB Stocks
Sold tiny bits of all these at or above the former highs:
DVN at $38.88
HAL at $34.04
SLB at $49.68
#FormerFallingKnife
BOIL
Just noticed this
Early Assignment last night on some BOIL 19.0 Covered Calls
Bought the stock on 01/09 at $18.5 and $16 on put assignments
SPX
Whew! Crazy week. SPX almost unchanged.
12 total positions. Selling 5 every day and adding 5 with the ladder method and leaving 2 uncovered. I had been selling 8 and leaving 4 uncovered. Just experimenting to see how things react during the next selloff.
Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 30.00)
Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 31.00)
Bought to Close SPX Jan 23 2026 6825.0 Put @ .15 (sold for 42.20)
Bought to Close SPX Jan 23 2026 6850.0 Put @ .15 (sold for 52.50)
Bought to Close SPX Jan 23 2026 6875.0 Put @ .20 (sold for 63.00)
Sold SPX Jan 26 2026 6900.0 Put @ 11.00
Rolled SPX Jan 23 2026 6920.0 Puts to Jan 26 2026 6920.0 Puts @ 11.00 credit (29.60 total now)
Rolled SPX Jan 23 2026 6925.0 Put to Jan 26 2026 6925.0 Put @ 10.00 credit (28.00 total now)
Sold SPX Jan 30 2026 6825.0 Put @ 20.30
Sold SPX Feb 02 2026 6810.0 Put @ 21.50
Sold SPX Feb 03 2026 6800.0 Put @ 23.00
Sold SPX Feb 04 2026 6775.0 Put @ 22.20
Sold SPX Feb 05 2026 6770.0 Put @ 24.30
SPX
#FuzzyLEAPs
Decided to stagger my sales over a few days.
STO Jan 29th 2026 6815 Put @ 18.00 (38.30 total now)
(This is 4 trading days in the future, rather than one day.)
Each day, I will sell another put 4 days out, etc., until all of my short puts are sold. Plan to roll one each day, to the new 4-day out expiration. Kind of a time ladder version of FuzzyLEAPs. I’m hoping that his smooths out some of the volatility that happens when you sell a whole position every day.
SPX
#FuzzyLEAPs
Decided to stick with simple puts instead of spreads, so:
BTC Jan 23 2026 6900/6890 BUPS for 2.10 (sold for 4.50)
That leaves me with no outstanding puts sold. Waiting for a dip to sell the new one.
XSP and SPY rolls 1/23/26
#FuzzyLEAPs
Rolled $XSP Jan 23rd 692 put to Jan 26th 692 put, .90 credit.
SPY Expiration
Both expired so far this week
SPY 01/21/2026 663/668 Bull Put Spread
SPY 01/22/2026 659/664 Bull Put Spread
SPX
I got busy today and never got today’s roll done. An outstanding order to close today’s puts at 1.00 filled sometime this afternoon.
Current position:
Dec 20 2030 7700 LEAP Puts
Jan 23 2026 6900/6890 BUPS (50% of LEAPs)
LEAP cost: 927
Total credit per LEAP: 21.35
Credit as % of LEAP cost: 2.30%
Annualized: 71.97%
If I keep using spreads, I plan to sell 1DTE BUPS against half the LEAPs each day and either let the 0DTE half expire or close them for some small amount. If the 0DTEs are ITM, I’ll have to decide if it’s worth rolling them or just let them cash settle for max loss. In that case, the LEAPs should more than make up for the loss on the BUPS.
SPY roll 1/22/26
#FuzzyLEAPs Rolled $SPY Jan 26th 692 put to Jan 27th 692 put, .44 credit. Staying ahead of the expiry to avoid early assignment.
SPX SPY
Out most of the day so some early rolls.
Rolled SPX Jan 22 2026 6800.0 Put to Jan 23 2026 6825.0 Put @ 4.00 credit (31.00 total now)
Rolled SPX Jan 22 2026 6825.0 Put to Jan 23 2026 6825.0 Put @ 3.20 credit (42.20 total now)
Rolled SPX Jan 22 2026 6850.0 Put to Jan 23 2026 6850.0 Put @ 5.50 credit (52.50 total now)
Rolled SPX Jan 22 2026 6875.0 Put to Jan 23 2026 6875.0 Put @ 7.00 credit (63.00 total now)
Rolled SPX Jan 23 2026 6775.0 Put to Jan 23 2026 6825.0 Put @ 3.00 credit (30.00 total now)
Rolled SPX Jan 23 2026 6950.0 Puts to Jan 30 2026 6925.0 Puts @ 11.00 credit (66.15 total now)
Taking over half a month early:
Bought to Close SPX Feb 20 2026 6350.0 Put @ 14.60 (sold for 33.00)
SPY:
Taking about half a month early.
Bought to Close SPY Feb 20 2026 650.0 Put @ 2.48 (sold for 4.70)
SPX
I decided to try credit spreads for awhile, so:
Sold to open Jan 23 2026 6900/6890 BUPS @ 4.00
Small position, still working on today’s roll of the other puts.
SPX
6940 will be a fun number to watch. That would get us back to unchanged from last Friday’s close meaning all premium this week is free money!! White lines are Friday close and upper and lower expected moves for the week.
SPX
#FuzzyLEAPs
Existing LEAP:
Dec 20th 2030 7700 Put
Cost 927
Daily:
Rolled: Jan 21st 2026 6890 Put
To: Jan 22nd 2026 6885 Put
@ 3.50 Credit
LEAPs Covered: 50.00%
SPX @ Time of Roll: 6851
Total Credit Per LEAP: 19.85
Credit as % of LEAP Cost: 2.14%
Days in Trade: 7
Annualized ROC: 76.48%
I saw Jeff’s Downside Warning and decided to take a little less premium and roll down one strike. Still only half the LEAPs covered.
SPX
With Trump talking rolling everything on the opening bounce.
Rolled SPX Jan 21 2026 6825.0 Put to Jan 22 2026 6825.0 Put @ 11.00 credit (39.00 total now)
Rolled SPX Jan 21 2026 6850.0 Put to Jan 22 2026 6850.0 Put @ 9.00 credit (47.00 total now)
Rolled SPX Jan 21 2026 6875.0 Put to Jan 22 2026 6875.0 Put @ 6.00 credit (56.00 total now)
Rolled SPX Jan 21 2026 6920.0 Puts to Jan 23 2026 6920.0 Puts @ 2.00 credit. (18.60 total now)
Rolled SPX Jan 21 2026 6925.0 Put to Jan 23 2026 6925.0 Put @ 2.00 credit. (18.00 total now)
PAYX Stock
Started a tiny new position in PAYX at the previous 52-week low at $107.80
Ex-div 01/28; Div = 3.88 %
XSP Puts
Sold 1 XSP 01/232026 655/660 Bull Put Spread at $0.28 Credit
XSP and SPY rolls 1/20/26
#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
NFLX Put Ladder
Sold 1 NFLX 01/23/2026 73/79 Bull Put Spread ar $0.33 Credit
Sold 1 NFLX 01/23/2026 73/78 Bull Put Spread ar $0.24 Credit
Sold 1 NFLX 01/23/2026 73/77 Bull Put Spread ar $0.16 Credit
#Earnings tonight
TQQQ,
STO Feb 27, 40 puts at .95
SPX
#FuzzyLEAPs
Existing LEAP:
Dec 20th 2030 7700 Put
Cost: 927
Daily:
Rolled: Jan 20th 2026 6890 Put
To: Jan 21st 2026 6890 Put
@ 10.00 Credit
LEAPs Covered: 50.00%
SPX @ Time of Roll: 6856
Days in Trade: 6
Total Credit Per LEAP: 18.1
Credit as % of LEAP Cost: 1.95%
Annualized ROC: 81.36%
VIX
Expires tomorrow. Take what I can get today.
Sold to Close VIX Jan 21 2026 20/35 Bull Call Spreads @ .40 (sold for 1.29)
SPY
Starter just above the 200 day.
Sold SPY Feb 20 2026 650.0 Put @ 4.70
SPY Put Ladder
Sold 1 SPY 01/21/2026 663/668 Bull Put Spread at $0.20 Credit
Sold 1 SPY 01/22/2026 659/664 Bull Put Spread at $0.24 Credit
Sold 1 SPY 01/23/2026 651/658 Bull Put Spread at $0.21 Credit
SPX
Out the rest of the day so rolling on this first little bounce.
Rolled SPX Jan 20 2026 6920.0 Puts to Jan 21 2026 6920.0 Puts @ 4.50 credit. (16.60 total now)
Rolled SPX Jan 20 2026 6925.0 Put to Jan 21 2026 6925.0 Put @ 4.00 credit. (16.00 total now)
Rolled SPX Jan 20 2026 6950.0 Puts to Jan 23 2026 6950.0 Puts @ 5.00 credit. (55.15 total now)
SOXL Put Ladder
Sold 1 SOXL 01/23/2026 45.5/50.5 Bull Put Spread at $0.38 Credit
Sold 1 SOXL 01/23/2026 45/50 Bull Put Spread at $0.25 Credit
Sold 1 SOXL 01/23/2026 44.5/49.5 Bull Put Spread at $0.30 Credit
Sold 1 SOXL 01/23/2026 44/48.5 Bull Put Spread at $0.25 Credit
SPX
One of my all time lucky breaks. Fat finger last Thursday to a Friday AM roll. AMs expire by 10 points and buying power locked until today.
Pre-market:
Sold SPX Jan 21 2026 6875.0 Put @ 50.00
Sold SPX Jan 21 2026 6850.0 Put @ 38.00
Sold SPX Jan 21 2026 6825.0 Put @ 28.00
Sold SPX Jan 22 2026 6800.0 Put @ 27.00
Sold SPX Jan 23 2026 6775.0 Put @ 27.00
And at the 200 day:
Sold SPX Feb 20 2026 6350.0 Put @ 33.00
SPX
Earnings 1/19 – 1/23
Econ Calendar 1/19 – 1/23
Question for @fuzzballl about SPX LEAPs
What if we roll up the LEAP puts separately from the LEAP call spread in the #FuzzyLEAPs trade?
Roll up the put when the market is up and roll up the call spread when the market is down.
This would delay the extra investment in the rolling of the call spread, increasing the return.
Also, partially ITM call spread would work better as a hedge in SPX down move.
One thing I am not sure is how easy it would be to roll up a call spread that is 1/2 or more ITM.
OKLO
#optionsexpiration
#itsawinderfulworld
#patience
1.16.2026-45-put-OKLO-had-sold-for-$23.86.
Was-half-of-credit=put-spread-last-year. It-went-Horribly-against-me.
Sold-the-short-for-profit-and-rolled-long-to-yesterday.-Stock-Finally-turned-around-and-I-let-it-expire.
QQQI
#CSPs And Cash secured calls
#optionsexpiration
calls will be assigned and money back in my pocket for put sells monday.
1.16.26 Puts @54 expired worthless
1.16.26 CALLs @54 assigned
OptionsExpiration
Got by the big monthly expiration with a little pain from rolling up some calls, especially SLV and SOXL.
All was not lost though as TMO was a big winner.
EXPIRED:
SLV 60/70 Bull Put Spread
SLV 68/71 Bull Put Spread
SLV 70/74.5 Bull Put Spread
SLV 90/87 Bear Call Spread
SLV 85.5/83 Bear Call Spread
SOXL 43/46 Bull Put Spread
SOXL 43/47 Bull Put Spread
SOXL 43.5/47 Bull Put Spread
SOXL 45/47.5 Bull Put Spread
TMO 570/577.5 Bull Put Spread
TMO 572.5/582.5 Bull Put Spread
TMO 645/640 Bear Call Spread
TMO 635/630 Bear Call Spread
BAX 22.5 Covered Calls
CE 65.0 Covered Calls
DOW 32.0 Covered Call
MSTX 6.0 Covered Call
SPCE 4.5 Covered Calls
BOIL 14.0 Put
BOIL 15.0 Put
GIS 42.5 Put
MSTX 3.5 Put
MSTX 3.0 Put
SOXL 55.0 Put
SWKS 57.5 Put
No new assignments this week
HPQ Puts
Rolled 1 HPQ 01/16/2026 20.5 Put to 1 HPQ 01/23/2026 20.0 Put at $0.13 Credit (small gain on this week’s put)
Sold 1 additional HPQ 01/23/2026 20.0 Put at $0.21
#TinyPuts
Using XSP Long Put and Call LEAP
About a month ago @jeffcp66 mentioned an idea to use long call and put LEAP’s instead of the long put and a short call spread.
I have been testing this strategy live from early December 2025 and despite the Call premium being 2x the put premium, the strategy is viable.
Original position was Long Dec17’27 685 Put and Call. It was changed to Long 690 Put and 685 Call.
Pros:
Any loss on the put side is covered by the gain on the call side.
While #FuzzyLEAPs are naturally losing money in the up move, this trade does not.
Cons:
Definitely requires larger initial investment.
Difficulty to roll up the calls, as they get easily ITM.
Not sure how this position will behave in a strong down move, because the call premium was 2x the put premium.
SPX
Rolling these aggressively since I never got my AM expiration buying power power back. Lesson learned (especially on a 3 day weekend) Uugh.
Rolled SPX Jan 16 2026 6950.0 Puts to Jan 20 2026 6950.0 Puts @ 14.00 credit. (50.00 total now)
Sold 7 against 15 LEAPS (would’ve sold 12 if I could). Why are there even AM expirations at all? I can’t think of a good use for them.
Expired max profit: SPX Jan 16 2026 6950.0 Puts (sold for 33.00)
CPB Put
Sold 1 CPB 01/23/2026 25.0 Put at $0.07
#TinyPuts
BOIL Covered Calls
Rolled 1 BOIL 18.0 Covered Call to next week at $0.35 Credit
Rolled BOIL 19.0 Covered Calls to next week at $0.29 Credit
Rolled 1 BOIL 22.0 Covered Call to 1 BOIL Feb 06/2026 22.0 Call at $0.45 Credit (extending my BOIL Call ladder)
SOXL CMG HLT SLV Call spreads
Rolled Spreads that were in-the-money out and up for credits to next week
Letting a whole bunch of SOXL and SLV Puts expire (I hope)
Options Bistro 