On Thursday Sold 1 UPS 09/05/2025 82.0 Put at $0.09
#TinyPuts #EveryLittleBitHelps
Recent Updates Page 8
MSTR
#onlyspreads
SOLD MSTR 12 SEP 2025 255/250 PUT @.18
TROW KHC UPS AMCR Stocks
Sold a tiny bit of TROW on the open at $115.00
Sold all my KHC at $27.01 – not holding for the split-up of the company
#FormerFallingKnife
Added a tiny bit of UPS at $84.00
Added a bit more of AMCR at $8.30 and $8.27 – ex-div tomorrow
#SP500 #FallingKnife
SPX ETHU SOXL
closed spx
BTC SPX 5 SEP 25 6255/6250 PUT @.05
BTC SPX 5 SEP 25 6245/6240 PUT @.05
#onlyspreads
SOLD ETHU 12 SEP 25 112/111 PUT @.13
#rollout
AND UP
SOXL FROM 5 SEP 25 CALL/to 25.5 CALL @.32
SPX
Might sell this again if we get an afternoon dip.
Bought to Close SPX Sep 05 2025 6350.0 Put @ 1.75 (sold for 13.50)
TQQQ,
BTO October 17, 85 calls STO 105 calls , STO 75 puts at 6.25 debit.
SPY
In a smaller account as an experiment…set up a SPY position similar to the SPX rental houses. 5 contracts so equal to a half SPX position.
Bought to Open SPY Dec 17 2027 650/650/690 @ 30.20
(sell 650/690 call spreads and bought 650 puts)
And:
Sold SPY Sep 05 2025 645.0 Puts @ 1.95
SPX,
STO September 5, 6410 puts at 9.30
BTC September 4, 6400 puts at .60 cents. Sold at 4.05 yesterday.
SPX 0-dte trades for 9/4/25
#SPX0dte Sold to Open $SPX Sep 4th 6375/6395-6490/6510 condors for 1.05, IV 16.15%, deltas -.07 +.06
SOXL
SOLD SOXL from 5 SEP 2025 25 PUT /to 12 SEP 2025 25 put/ @.50
I rolled my September 3,…
I rolled my September 3, 6420 puts to September 4, 6400 at a credit of 4.05
AMCR Stock
Started buying AMCR at $8.35 (new low)
Ex-Div on 09/08 at 6.05%
#DividendCapture
SPX Hedge
Throwing another one out there to Oct monthly.
Sold 2 Oct monthly 6650/6660 bear call spreads
Bought 1 Oct monthly 6200/6150 bear put spread
Net debit .80
SPX,
I have calculated that I just need to sell the daily puts for a premium of $5.00 and the strategy will make a lot of money. I got greedy when I sold the 6460 puts. Lesson learned.
SPX 0-dte trades for 9/3/25
#SPX0dte Sold to Open $SPX Sep 3rd 6405/6435-6440/6470 condors for 14.25, IV 16.20%
SPX,
BTC September 5 6460 puts at 42.00, sold at 14.00
STO September 3, 6420 puts at 5.10
SOXL
#shortputs
SOLD SOXL 5 SEP 25 23 PUT @.21
SPX SPY
Quick scalps. Sold yesterday.
Bought to Close SPX Sep 19 2025 6200.0 Put @ 21.50 (sold for 35.00)
Bought to Close SPY Oct 17 2025 590.0 Put @ 2.78 (Sold for 4.00)
Bought to Close SPY Oct 17 2025 600.0 Put @ 3.54 (sold for 5.00)
SPX SPY
A few standing orders hit while I was out.
Sold SPX Sep 19 2025 6200.0 Put @ 35.00
Sold SPY Oct 17 2025 590.0 Put @ 4.00
Sold SPY Oct 17 2025 600.0 Put @ 5.00
META ETHU TQQQ HOOD
#onlyspreads
#alittlebitisbetterthannada
SOLD META 5 SEP 2025 697.5/695 PUT @.12
SOLD ETHU 5 SEP 2025 103/101 PUT @.15
SOLD TQQQ 5 SEP 2025 77/72 PUT @.14
SOLD HOOD 5 SEP 2025 89/87 PUT @.09
SOXL
#shortputs
SOLD SOXL 5 SEP 2025 22 PUT @.31
APA Stock
Sold a tiny bit more of APA at $23.60
#FormerFallingKnife
SPX
Out the rest of the day so an early roll.
Rolled SPX Sep 2 2025 6455.0 Puts to Sep 5 2025 6440.0 Puts @ .50 credit (16.00 total now)
Rolled SPX Sep 2 2025 6475.0 Put to Sep 19 2025 6445.0 Put @ 17.00 credit (31.75 total now)
SPX
Taking off the little hedge I threw out there just for fun.
Bought to Close Oct monthly 6750/6775 bear call spreads
Sold to Close Oct monthly 6150/6100 bear put spreads
Net credit 5.00 (bought for .60)
SPX,
I rolled my September 2, 6475 and 6480 puts out to September 5 for a debit of 14.01 which was the credit I sold them for. It is a wash but I am not getting any premium this week. I rolled to the 6460 strike and since I have 3 years to go I will keep rolling every week.
SPY SOXL TQQQ NFLX META PLTR Spreads
Sold 1 SPY 09/05/2025 620/625 Bull Put Spread at $0.50 Credit
Sold 1 SOXL 09/05/2025 20/22.5 Bull Put Spread at $0.30 Credit
Sold 1 TQQQ 09/05/2025 75/79 Bull Put Spread at $0.24 Credit
Sold 1 TQQQ 09/05/2025 75/78 Bull Put Spread at $0.28 Credit
Sold 1 NFLX 09/05/2025 1125/1130 Bull Put Spread at $0.18 Credit
Sold 1 NFLX 09/05/2025 1115/1120 Bull Put Spread at $0.21 Credit
Sold 1 META 09/05/2025 680/685 Bull Put Spread at $0.20 Credit
and finally
Bought 1 PLTR 09/12/2025 135.0 Put and Sold 1 PLTR 09/05/2025 145.0 Put at $0.17 Bull Put Diagonal Credit
TZA CNC Calls
Sold 1 TZA 09/05/2025 10.0 Covered Call at $0.12
Sold 1 CNC 09/05/2025 33.0 Covered Call at $0.05
#EveryLittleBitHelps
SPX 0-dte trades for 9/2/25
#SPX0dte Bought to Open $SPX Sept 2 6300/6280 put spreads for .50, IV 25.31%, delta -.05
At midnight PDT the futures started their drop for the beginning of the historically worst month for the stock market. I’m staying away from the selling, taking a cheap shot for a further downside move after the open.
I just finished reading a…
I just finished reading a new book “The QQQ and TQQQ ETF Profit Machine by Leslie Masonson. It is a bit expensive but I liked it.
Earnings 9/1 – 9/5
Econ Calendar 9/1 – 9/5
APA DVN CVX
Sold a tiny bit of all 3
APA at 23.01
DVN at $36.01
CVX at 161.01
#FormerFallingKnife
#RaisingCash
SPX,
My 6450 puts did expire today at zero but it was close at the end of trading.
SPX
Got the rest rolled.
Rolled SPX Aug 29 2025 6455.0 Puts to Sep 2 2025 6455.0 Puts @ 12.00 credit (17.30 total now)
Rolled SPX Aug 29 2025 6475.0 Put to Sep 2 2025 6475.0 Put @ 9.00 credit (14.70 total now)
OptionsExpiration
08/29/2025
SOXL 25 PUT
SOXL 23.5 PUT
META 680/675 PUT SPREAD
SOXL NFLX
#shortputs
SOLD SOXL 5 SEP 25 2025 PUT @.75
#onlyspreads
SOLD NFLX 5 SEP 2025 1135/1130 PUT @.18
NVDA
Selling against a synthetic short position.
Rolled NVDA Aug 29 2025 180.0 Put to Sep 05 2025 180.0 Put @ .80 credit (6.20 total now)
META
#onlyspreads
SOLD META 5 SEP 2025 690/685 PUT @.15
OptionsExpiration
AAP 48.5/54 Bull Put Spread
CLF 12/11 Bear Call Spreads
MSFT 475/482.5 Bull Put Spread
MSFT 475/480 Bull Put Spread
MSFT 470/477.5 Bull Put Spread
SOXL 19.5/23.5 Bull Put Spread
SOXL 20/24.5 Bull Put Spread
SOXL 20.5/23.5 Bull Put Spread
SOXL 21/24 Bull Put Spread
SOXL 21.5/24.5 Bull Put Spread
SOXL 31/28 Bear Call Spread
SOXL 32/28 Bear Call Spread
TQQQ 75/80 Bull Put Spread
TQQQ 76/81 Bull Put Spread
TQQQ 77/82 Bull Put Spread
TQQQ 77/80 Bull Put Spread
TQQQ 78/80.5 Bull Put Spread
#OnlySpreads
BBY 61 Put
BOIL 21 Put
HRL 22.5 Put
HPQ 23.5 Puts
HPQ 23 Put
SOXL 23 Put
SOXL 22.5 Put
#TinyPuts
CAG 20 Covered Calls
SPCE 4.5 Covered Calls
TZA 9.5 Covered Call
#Covered Calls
ASSIGNMENTS:
VFC 14.5 Covered Calls – avg costs of $13.86 and $14.16
CZR 26.5 Covered Call – vs. Stock put to me at $26 on 8/01
#RaisingCash
TQQQ
#onlyspreads
followed @optioniceman
SOLD TQQQ 5 SEP 2025 80/75 PUT @.25
SOXL Puts
Sold 1 SOXL 09/05/2025 18/22.5 Bull Put Spread at $0.14 Credit
TQQQ Puts
Sold 1 TQQQ 09/05/2025 75/80 Bull Put Spread at $0.23 Credit
Sold 1 TQQQ 09/05/2025 75/79 Bull Put Spread at $0.16 Credit
SPX 0-dte trades for 8/29/25
#SPX0dte Sold to Open $SPX Aug 29th 6425/6455-6460/6490 condors for 14.90, IV 19.64%
TQQQ,
I covered all my short put positions on my put positions for a small gain in case we go down further next week.
SPX
#onlyspreads
SOLD SPX 5 SEP 2025 6255/6250 PUT @.25
SOLD SPX 5 SEP 2025 6245/6240 PUT @.20
ETHU
#shortputs
SOLD ETHU 5 SEP 2025 86/85 PUT @.10
#alittlebitisbetterthannada
SPX
Rolling partial. Sitting on a few more for awhile.
Rolled SPX Aug 29 2025 6455.0 Puts to Sep 2 2025 6455.0 Puts @ 9.50 credit (14.80 total now)
SPX
Throwing one out there for next Friday outside the expected move.
Sold SPX Sep 05 2025 6350.0 Put @ 13.50
SOXL
#shortputs
should expire today
SOLD SOXL 29 AUG 2025 25 PUT @.06
TZA Calls
Sold TZA 09/05/2025 10.0 Covered Calls at $0.05
#EveryLittleBitHelps
HRL
Early assignment on 1 HRL 27.0 Put overnight, so sold 1 HRL 09/05/2025 28.0 Covered Call at $0.05
#EveryLittleBitHelps
TQQQ Puts
Closed 1 TQQQ 08/29/2025 76/81 Bull Put Spread at $0.01 to release a bit of margin
SPX,
STO September 2, 6475 puts at 13.60
STO September 2, 6480 puts at 14.42
I expect the 6450 puts will expire at zero today.
SPX
Giving Mr. Market something to look at.
Sold SPX Aug 29 2025 6475.0 Put @ 5.70
Thursday trades
Sold a bit of APA at $23.01
#FormerFallingKnife
Re-started a tiny CLX position at $117.00
(former CLX buys in June at $120.14 and $119 were exited last month at $130.15 and 132.22)
Added a tiny bit of GIS at $48.30
Started a tiny position in HRL at $24.00
#SP500 #FallingKnife
Sold 1 CE Sep 19 2025 55 Covered Call at $0.35
#CoveredCall
Sold 1 HRL 08/29/2025 22.5 Put at $0.05
#1DTE #EveryLittleBitHelps
SPX
A fresh coat of paint on a couple of the rental houses.
Rolled Jan 2029 6000 long put up to Jan 2029 6300 put
Rolled Jan 2029 6000/6400 BeCS to Jan 2029 6300/6700 Becs
Net debit for the whole thing: 86.40 per house
EDIT: Great fill right at the mid price on both.
SPX
Thank you NVDA for driving up premium!
Bought to Close SPX Aug 28 2025 6440.0 Puts @ .30 (sold for 11.50)
Bought to Close SPX Aug 28 2025 6450.0 Put @ .25 (sold for 14.60)
Sold SPX Aug 29 2025 6455.0 Puts @ 5.30
SPX,
STO August 29, 6450 puts at 9.10, I think the August 28, 6435 puts will expire at zero today.
TQQQ
BTC TQQQ 5 SEP 2025 75/71 PUT @.06
Opened this on Tuesday for .15, did not realize it was fat fingered for the next week when i wanted it to expire this week.
And live thru the weekend/bla bla/LOL
As of this minute it looks like a good move!
sooo a little profit and move on.
SPX 0-dte trades for 8/28/25
#SPX0dte Sold to Open $SPX Aug 28th 6415/6435-6525/6545 condors for 1.10, IV 15.70%, deltas -.07 +.07
It has been a well-contained week and this trade would havew worked all three days. So I’m lifting my moratorium.
SPX
BTC SPX 29 AUG 2025 6285/6280 PUT @.05 (SOLD.20)
BBY stock
Sold the last tiny bit of BBY ay $77.30.
Bought on 04/09 at $55.00
#FormerFallingKnife
SOXL
Sold 1 SOXL 08/29/2025 23.0 Put at $0.07
Sold 1 SOXL 08/29/2025 22.5 Put at $0.06
#TinyPuts
SPX
Finally a little dip to sell into.
Bought to Close SPX Aug 27 2025 6435.0 Put @ .60 (sold for 11.30)
Bought to Close SPX Aug 27 2025 6440.0 Puts @ .40 (sold for 11.55)
Bought to Close SPX Aug 27 2025 6445.0 Put @ .40 (sold for 22.10)
Sold SPX Aug 28 2025 6440.0 Puts @ 11.60
Sold SPX Aug 28 2025 6450.0 Put @ 14.60
SPX
A little hedge out to Oct monthly.
Sold Oct monthly 6750/6775 bear call spread
Bought Oct monthly 6150/6100 bear put spread
Net debit .60
SPX,
STO August 28, 6435 put at 13.10, I expect the 643.5 put for today will expire at zero.
SPX 0-dte trades for 8/27/25
#SPX0dte Sold to Open $SPX Aug 27th 6435/6465=6470/6500 condors for 12.35, IV 13.43%
SOXL
#shortputs
SOLD SOXL 29 AUG 2025 25 PUT @.19
SOLD SOXL 29 AUG 2025 23.5 PUT @.09
MSFT
Sold 1 MSFT 08/2/9/2025 470/477.50 Bull Put Spread at $0.13 Credit
Sold 1 MSFT 08/2/9/2025 475/480 Bull Put Spread at $0.13 Credit
Delta -.06
From Twitter aka X
from @OptiontradinIQ
Put Spreads
15 Delta = 15% chance of finishing in-the-money (85% success rate)
30 Delta = 30% chance ITM (70% success rate)
40 Delta = 40% chance ITM (60% success rate)
Higher delta = more premium BUT lower win rate.
The Microsoft example that shocked me:
MSFT 15 Delta Put Spread: (not sure which expiration dates in these examples)
𝗣𝗿𝗲𝗺𝗶𝘂𝗺: $100
𝗥𝗶𝘀𝗸: $900
𝗥𝗲𝘁𝘂𝗿𝗻: 11%
𝗦𝘁𝗿𝗶𝗸𝗲: $25 away from stock price
𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗿𝗮𝘁𝗲: ~85%
This is my personal sweet spot.
30 Delta Put Spread (Same stock):
𝗣𝗿𝗲𝗺𝗶𝘂𝗺: $260
𝗥𝗶𝘀𝗸: $740
𝗥𝗲𝘁𝘂𝗿𝗻: 35%
𝗦𝘁𝗿𝗶𝗸𝗲: Much closer to stock price
𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗿𝗮𝘁𝗲: ~70%
Looks amazing, right?
But…. you are much more likely to see this one come under pressure.
40 Delta Put Spread:
𝗣𝗿𝗲𝗺𝗶𝘂𝗺: $340
𝗥𝗶𝘀𝗸: $660
𝗥𝗲𝘁𝘂𝗿𝗻: 52%
𝗦𝘁𝗿𝗶𝗸𝗲: Almost AT the stock price
𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗿𝗮𝘁𝗲: ~60%
This is basically a coin flip.
Only use this if you are SUPER bullish.
TQQQ SPX
#shortputs
SOLD TQQQ 5 SEP 2025 75/71 PUT @.15
===
SPX
#onlyspreads
SOLD SPX 29 AUG 2025 6285/6280 PUT @.20
SPX
Busy today so rolling early. Nearly same strikes for two straight weeks now. NVDA tomorrow. Great premiums Thur!
Rolled SPX Aug 26 2025 6435.0 Put to Aug 27 2025 6435.0 Put @ 6.00 credit (11.30 total now)
Rolled SPX Aug 26 2025 6440.0 Put to Aug 27 2025 6440.0 Put @ 6.00 credit (11.50 total now)
Rolled SPX Aug 26 2025 6445.0 Put to Aug 27 2025 6445.0 Put @ 6.15 credit (22.15 total now)
Raising a little cash
Sold a tiny bit of APA at $22.21
Sold a tiny bit of COP at $98.20
Sold 1 CE Sep 19 2025 60 Covered Call at $0.15
#EveryLittleBitHelps
SPX 0-dte trades for 8/26/25
#SPX0dte Sold to Open $SPX Aug 26th 6405/6435-6440/6470 condors for 12.70, IV 14.07%
SPX
Rolled SPX Aug 25 2025 6450.0 Put to Aug 26 2025 6445.0 Put @ 7.00 credit (16.00 total now)
Options Bistro 