NVDA

Just for fun. Same thing I’m doing on SPX. Not so much directional as it is just premium collection over time.

Sold NVDA Dec 2027 180/200 Bear Call Spread
Bought NVDA Dec 2027 180 Put

Net Debit: 28.30

And:

Sold NVDA Aug 29 2025 180.0 Put @ 5.40

SPX

Great start to the week. Still waiting on today’s 6450 strike.

Bought to Close SPX Aug 25 2025 6425.0 Put @ .30 (sold for 7.50)
Bought to Close SPX Aug 25 2025 6440.0 Puts @ .45 (sold for 6.50)

Sold SPX Aug 26 2025 6435.0 Puts @ 5.30
Sold SPX Aug 26 2025 6440.0 Puts @ 5.50 and 6.10

Monday Spreads

Sold 1 TQQQ Aug 29 2025 77/82 Bull Put Spread at $0.22 Credit
Sold 1 TQQQ Aug 29 2025 78/81 Bull Put Spread at $0.13 Credit
Sold 1 TQQQ Aug 29 2025 76/81 Bull Put Spread at $0.18 Credit
Sold 1 TQQQ Aug 29 2025 77/80.5 Bull Put Spread at $0.13 Credit
Sold 1 TQQQ Aug 29 2025 76/80 Bull Put Spread at $0.13 Credit
Sold 1 TQQQ Aug 29 2025 75/80 Bull Put Spread at $0.14 Credit

Sold 1 SOXL Aug 29 2025 20/24.5 Bull Put Spread at $0.22 Credit
Sold 1 SOXL Aug 29 2025 21/24 Bull Put Spread at $0.16 Credit
Sold 1 SOXL Aug 29 2025 20.5/23.5 Bull Put Spread at $0.13 Credit
Sold 1 SOXL Aug 29 2025 19.5/23.5 Bull Put Spread at $0.13 Credit

Sold 1 AAP Aug 29 2025 48.5/54 Bull Put Spread at $0.15 Credit

Monday Trades

Sold SPCE Aug 29 2025 4.5 Covered Calls at $0.02
Sold 1 CE Sep 19 2025 65 Covered Call at $0.05
Sold 1 VFC Aug 29 2025 14.5 Covered Call at $0.10
Sold CLF Aug 29 2025 11.0 Covered Calls at $0.10
Sold 1 TZA Aug 29 2025 9.5 Covered Call at $0.15
#EveryLittleBitHelps

Sold HPQ Aug 29 2025 23.5 Puts at $0.06 an $0.09
Sold 1 HPQ Aug 29 2025 23 Put at $0.08
Sold 1 BOIL Aug 29 2025 21 Put at $0.08
Sold 1 BBY Aug 29 2025 61 Put at $0.18
#TinyPuts

SPX 0-dte trades for 8/25/25

#SPX0dte Taking a pause on the pre-market entries for the 6-delta condors. Although this has been my strongest strategy for about 7 years, it hasn’t been consistent for many months now. I will reinstate the normalcy when I feel the market has restored some normalcy. Meantime I will look for tighter condor opportunities after the mornings calm down, and occasional shots with long spreads.

Earnings 8/25 – 8/29

Screenshot 2025-08-24 at 12.52.14 PM

Econ Calendar 8/25 – 8/29

Screenshot 2025-08-24 at 12.49.52 PM
Screenshot 2025-08-24 at 12.50.22 PM
Screenshot 2025-08-24 at 12.50.45 PM

OptionsExpiration

EXPIRED
AAP 68/61 Bear Call Spread
AAP 65/60 Bear Call Spread
AAP 50/54 Bull Put Spreads
CLF 12/10.5 Bear Call Spread
SOXL 20/24 Bull Put Spread
SOXL 20/24.5 Bull Put Spread
SOXL 20/25 Bull Put Spread
SOXL 20.5/24.5 Bull Put Spreads
SOXL 33/28 Bear Call Spreads
TQQQ 79.5/82 Bull Put Spread
TQQQ 80/83 Bull Put Spread
TQQQ 80/84 Bull Put Spreads
TQQQ 80/84.5 Bull Put Spread
TQQQ 99/92 Bear Call Spread
TQQQ 99/96 Bear Call Spread
VXX 41/40 Bear Call Spread
#OnlySpreads

CNC 33.0 Covered Call
HAL 24.0 Covered Call
SOXL 21.5 Put
SOXL 22.0 Put
SOXL 22.5 Put
TZA 9.0 Puts
UPS 84.0 Put
VFC 14.0 Covered Call
VFC 14.5 Covered Call
#EveryLittleBitHelps

ASSIGNMENTS :
DOW 24.0 Covered Call – vs stock put to me at $23
WBA 12.0 Covered Calls – glad to exit this dog, even at a loss. Bought most of it in 2023

TZA 10.0 Put
TZA 9.5 Put
Call writing begins Monday

SOXL

#optionsexpiration
SOXL 21.50 PUT
SOXL 24.50 PUT

Former Falling Knife stocks today

VFC +5.03%
OXY +3.20%
DOW +6.14%
SLB +5.24%
CZR +6.93%

WTAF!

1. Stocks: all-time high
2. Home Prices: all-time high
3. Bitcoin: all-time high
4. Gold: all-time high
5. Money Supply: all-time high
6. National Debt: all-time high
7. CPI Inflation: 4% per year since Jan 2020, 2x the Fed’s “target”
8. Fed: cutting interest rates next month WTAF

SPX

Bought to Close SPX Aug 22 2025 6435.0 Puts @ .20 (sold for 17.20)

Sold SPX Aug 25 2025 6440.0 Puts @ 6.50
Sold SPX Aug 25 2025 6450.0 Put @ 9.00

VIX

VIX plunges after Powell sparks optimism for September rate cut – as predicted

SPX

Selling one now. Still sitting on my 6435s for today.

Sold SPX Aug 25 2025 6425.00 Put @ 7.50

TQQQ,

STO September 19, 70 puts at .67
STO September 19, 75 puts at 1.02
STO September 75 puts at 1.40

SPX

Booking this one that I rolled last week. Think I can do better over the next month selling it daily.

Bought to Close SPX Sep 19 2025 6375.00 Put @ 48.00 (sold for 49.45)

SOXL AAP Spreads

Closed 1 SOXL 08/22/2025 20/24 Bull Put Spread at $0.03 to release enough margin to…
Roll 1 SOXL 31/26 Bear Call Spread to next week for $0.22 Credit

Rolled 1 AAP 63/55 Bear Call Spread to next week for $0.44 Credit

CZR TZA

Rolled 1 CZR 26.5 Covered Call out a week at $0.33 Credit

Sold 1 TZA 08/22/2025 9.0 Put at $0.06

META

#shortputs
SOLD META 29 AUG 2025 680/675 PUT @.21

SPY

Taking a little over 30 percent of max in a couple days.

Bought to Close SPY Oct 17 2025 590.0 Put @ 2.97 (sold for 4.51)

CAG

Sold CAG 08/29/2025 20.0 Covered Calls at $0.10
#EveryLittleBitHelps

SPX 0-dte trades for 8/22/25

#SPX0dte Sold to Open $SPX Aug 22nd 6255/6275-6470/6490 condors for 1.50, IV 34.76%, deltas -.06 +.05

Was considering sitting on hands but this is pretty good width and premium anticipating Powell’s 10am speech.

SPX

Upon closer inspection I’m adding another LEAPS position but leaving it uncovered for now.

Bought Dec 2029 6300/6300/6700 @ 375.0 debit

TQQQ Put

Sold 1 TQQQ 08/22/2025 80/82 Bull Put Spread at $0.18 Credit

SPX

Uncovering another LEAPS position for tomorrow….just in case.

Bought to Close SPX Sep 19 2025 6000.00 Put @ 22.20 (sold for 27.00)

SPX

After today’s roll I’ve now recovered all cash outlay to set all the SPX LEAPS positions. Sitting currently at 80 percent of my goal for max size. Before adding any more I’m going to spruce up the current rental houses a little (roll up the LEAPS slightly). Doesn’t affect current P/L but does require cash. Best thing is it reduces potential drawdowns in a selloff and reduces margin required on the daily put sales. Putting a new roof on the most run down property first. 🙂 🙂

Rolled Jan 2029 5900 long put up to Jan 2029 6300
Rolled Jan 2029 5900/6300 BeCS to Jan 2029 6300/6700 Becs

Net debit for the whole thing: 121.00

After I recover this cash I’ll look at the next one. I’ve got one at the 6000 strike and the rest at 6100. A little maintenance never hurts. One house is empty right now saving that for a big spike in rent. 🙂 🙂 🙂

VIX (from twitter aka X)

The $VIX is up 3 days in a row…

Has not gone up 4 days in a row since the April tariffs crash.

I don’t wanna say it, I don’t wanna say it, I really don’t wanna say it, fine I’ll bring it back and say it:

$VIX Crush Fridays ™️?

Or no?

VXX

I’ve been short call spreads and long put spreads out in Jan 2026 for an overall short VXX position (long the market) in two different accounts. Closing everything to add more SPX positions.

Closed Jan 2026 55/85 Bear Call Spreads
Closed Jan 2026 55/45 Bear Put Spreads
Closed Jan 2026 55/35 Bear Put Spreads

Net Loss .65 in smaller position
Net gain 1.40 in 4x bigger position

SPX

Straight roll to tomorrow. 7th trading day in a row at the same strike. That’s what we like to see!

Rolled SPX Aug 21 2025 6435.0 Puts to Aug 22 2025 6435.0 Puts @ 5.00 credit (17.15 total now)

AAP

Sold 1 AAP 08/22/2025 50/54 Bull Put Spread at $0.36 Credit

SPX 0-dte trades for 8/21/25

#SPX0dte BOUGHT to open $SPX Aug 21st 6305/6285 put spreads for .55, IV 20.74%, delta -.06

I’m sticking with long trades at least until we get a day or two of muted moves. I’m only bothering with put side today, given we have trickled lower overnight.

I have also been watching for tight condor options later in the trading day, but the swings have kept up in last two afternoons.

SOXL

Sold 1 SOXL 08/22/2025 28.0 Call at $0.13

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.

SPX

Straight roll to tomorrow.

Rolled SPX Aug 20 2025 6435.0 Puts to Aug 21 2025 6435.0 Puts @ 1.75 credit (12.15 total now)

SOXL

Sold 1 SOXL 08/22/2025 27.5 Call at $0.13

SPY

Give Mr. Market more to think about. 🙂

Sold SPY Oct 17 2025 590.0 Put @ 4.51

And for margin reduction:

Bought to Open SPY Oct 17 2025 325.0 Puts @ .13

SPX

Selling against one of my uncovered LEAPS positions. Down at the 200 day and well outside the expected move.

Sold SPX Sep 19 2025 6000.00 Put @ 27.00

SPX

Closing the double vertical hedge.

Bought to Close Sep monthly 6550/6575 bear call spread
Sold to Close Sep monthly 6200/6100 bear put spread

Net credit 10.50 (bought for .25)

SOXL

#shortputs
SOLD SOXL 22 AUG 2025 21.5 PUT @.19
follow @optioniceman

STC SOXL 22 AUG 2025 20.5 PUT @.09
Was long side part of spread

SOXL TQQQ AAP CLF TZA

Sold 1 AAP 08/22/2025 50/54 Bull Put Spread at $0.26 Credit

Sold 1 SOXL 08/22/2025 21.5 Put at $0.16
Sold 1 TQQQ 08/22/2025 92.0 Call at $0.34
Sold 1 CLF 08/22/2025 10.5 Call at $0.15
Sold 1 TZA 08/22/2025 10.0 Put at $0.12
Sold 1 TZA 08/22/2025 9.0 Put at $0.02
#EveryLittleBitHelps

SPX 0-dte trades for 8/20/25

#SPX0dte Yesterday was a decent drop. $VIX closed higher but made a LOWER high and a lower low than the day before. The internals just not in sync. I’m buying long condor today.

Not fill yet…. I will increase buy price if not filled before the open.

BUYING $SPX Aug 20th 6325/6345-6450/6470 condors, bidding .90, IV 17.10%, deltas -.05 +.05

SPX

Straight roll to tomorrow.

Rolled SPX Aug 19 2025 6435.0 Puts to Aug 20 2025 6435.0 Puts @ 3.20 credit (10.40 total now)

SOXL

#creditspread
thanks @optioniceman
SOLD SOXL 22 AUG 2025 24.5/20.5 PUT @.24

#backwardsroll
SOLD SOXL from 22 AUG 2025 25.50 call/to 25 CALL 29 AUG / @.95 credit
out and down

Tuesday Trades

Sold 1 AAP 08/22/202 61.0 Call at $0.26

Sold SOXL 08/22/2025 20/24 Bull Put Spreads at $0.14 and $0.17 Credits
Sold SOXL 08/22/2025 20.5/24.5 Bull Put Spreads at $0.22 and $0.26 Credits

Sold 1 TQQQ 08/22/2025 80/84 Bull Put Spread at $0.18 Credit
Sold 1 TQQQ 08/22/2025 79.5/83 Bull Put Spread at $0.18 Credit

Sold 1 TZA 08/22/2025 9.5 Put at $0.12

SPX 0-dte trades for 8/19/25

#SPX0dte Sold to Open $SPX 6390/6410-6480/6500 condors for 1.15, IV 13.13%, deltas -.085 +.065

IV, EM, premium not expecting much today so this condor a bit aggressive.

SPX

Same strike 4 or 5 days in a row now. 🙂 🙂 🙂

Bought to Close SPX Aug 18 2025 6435.0 Puts @ .20 (sold for 24.90)

Sold SPX Aug 19 2025 6435.0 Puts @ 7.20

Monday trades

Sold 1 CNC 08/22/2025 33.0 Covered Call at $0.05
Sold WBA 08/22/2025 12.0 Covered Calls at $0.06 and $0.07
Sold 1 VFC 08/22/2025 14.0 Covered Call at $0.06
Sold 1 CZR 08/22/2025 26.5 Covered Call at $0.21
Sold 1 DOW 08/22/2025 24.0 Covered Call at $0.29
#EveryLittleBitHelps

Sold 1 UPS 08/22/2025 84.0 Put at $0.36
#TinyPuts

Sold 1 SOXL 08/22/2025 20/25 Bull Put Spread at $0.30 Credit
Sold 1 SOXL 08/22/2025 20/24.5 Bull Put Spread at $0.24 Credit
Sold 1 TQQQ 08/22/2025 80/85 Bull Put Spread at $0.19 Credit
Sold 1 TQQQ 08/22/2025 80/84.5 Bull Put Spread at $0.16 Credit
Sold 1 TQQQ 08/22/2025 80/84 Bull Put Spread at $0.13 Credit
#OnlySpreads

Sold my last tiny bit of MRK at $85.01. Bought on 05/12/25 at $74.00
#FormerFallingKnife

TQQQ,

STO September 26, $70 puts at 1.01
STO September 19, $70 puts at .75

SPX 0-dte trades for 8/18/25

#SPX0dte Sold to Open $SPX Aug 18th 6375/6395-6485/6505 condors for 1.05, IV 15.75%, deltas -.08 +.06

Earnings 8/18 – 8/22

Screenshot 2025-08-17 at 9.27.03 AM

Econ Calendar 8/18 – 8/22

Jackson Hole Summit starts Wednesday, so it will be a week full of yap from a lot of yappers.

Screenshot 2025-08-17 at 9.22.39 AM
Screenshot 2025-08-17 at 9.23.23 AM
Screenshot 2025-08-17 at 9.24.19 AM

Friday Expirations

CRCL 127/126 put
META 755/752.5 put
NFLX 1172.5/1170 put
OKLO 68.5/67.5 put

OptionsExpiration

AAP 40/45 Bull Put Spread
AAP 42.5/47.5 Bull Put Spread
AAP 43/47.5 Bull Put Spread
AAP 48/52 Bull Put Spread
AAP 67.5 Diagonal Call
AAP 67.5/62 Bear Call Spread (different account)
CLF 7.5/9 Bull Put Spreads
CLF 8/9.5 Bull Put Spreads
LABU 52/54.5 Bull Put Spread
SOXL 29 Diagonal Call
SOXL 30 Diagonal Call
SOXL 21/23.5 Bull Put Spread
SOXL 21/24 Bull Put Spread
TQQQ 96 Diagonal Call
UPS 82/85 Bull Put Spread
#OnlySpreads

CAG 20 Covered Calls
CE 65 Covered Calls
CMCSA 30.5 Put
CZR 26.5 Covered Call
DOW 24 Covered Call
DOW 19.5 Put
HAL 24 Covered Call
PSKY 9.5 Put
SPCE 4 Covered Calls
VFC 14 Covered Call
TZA 9.5 Put
WBA 12 Covered Calls
#TinysPuts and #EveryLittleBitHelps Covered Calls

Expiration

#optionsexpiration
$TSLA 350 call
$TSLA 360 call
$NVDA 190 call
$GOOGL 222.5 call
$SOXL 28 call
$RGTI 18.5 call

$COIN 307.5 put
$RGTI 14.5 put

Have a terrific weekend

SPX

Rolled SPX Aug 15 2025 6435.0 Puts to Aug 18 2025 6435.0 Puts @ 9.00 credit (24.95 total now)

SPX 0-dte trades for 8/15/25

#SPX0dte Sold to Open $SPX Aug 15th 6400/6420-6520/6540 condors for 1.15, IV 17.87%, deltas -.08 +.06

TQQQ,

STC August 222, 95/100 bull ball spread at 1.75, the number today was not good and the summit on Friday makes me nervous.

SPX Hedge

Out to Sep monthly. Jackson Hole could be the trigger next week. Thinking JP will be hawkish.

Sold Sep monthly 6550/6575 bear call spread
Bought Sep monthly 6200/6100 bear put spread

Net debit .25

AMZN

Got the quick bounce so taking it.

Bought to Close AMZN Sep 19 2025 230/215 Bull Put Spread @ 4.70 (sold for 9.00)

SPX

Out the rest of the day so an early roll to same strike.

Rolled SPX Aug 14 2025 6435.0 Puts to Aug 15 2025 6435.0 Puts @ 8.00 credit (15.95 total now)

Thursday trades

Sold the last tiny bit of CVS at $67.01. Bought in December 2024 at $45.97
#FormerFallingKnife

Sold SPCE Aug 15 2025 4.0 Covered Calls at $0.02
#EveryLittleBitHelps

SPX 0-dte trades for 8/14/25

#SPX0dte Sold to Open 6355/6375-6485/6505 condors for 1.15, IV 19.70%, deltas -.06 +.06

Wednesday trades

Sold a tiny bit of PEP at 148.76
Sold a tiny bits of TROW at 109.01 and $110.01
Sold a tiny bit of CVS at $66.01
#FormerFallingKnife

Sold 1 VFC Aug 15 2025 14.0 Covered Call at $0.03
Sold 1 DOW Aug 15 2025 24.0 Covered Call at $0.03
#EveryLittleBitHelps

TLT

Bought to Close TLT Aug 15 2025 87.5 Calls @ .40 (sold for .58)
Bought to Close TLT Aug 15 2025 88.0 Calls @ .17 (sold for .46)

Sold TLT Sep 12 2025 89.0 Calls @ .64

SPX

Rolled SPX Aug 13 2025 6400.0 Puts to Aug 14 2025 6435.0 Puts @ 4.75 credit (7.95 total now)

CRCL META NFLX SOXL

#shortputs
#alittlebitisbetterthannada

SOLD CRCL 15 AUG 2025 127/126 PUT @.14
SOLD META 15 AUG 2025 755/752.5 PUT @.10
SOLD NFLX 15 AUG 2025 1172.5/1170 PUT @.10

#rolling
SOLD CALENDAR SOXL from 15 AUG 2025 25.5 CALL /to 22 AUG 2025/ @.30

SPX 0-dte trades for 8/13/25

#SPX0dte Sold to Open $SPX Aug 13th 6400/6420-6495/6515 condors for 1.05, IV 14.18%, deltas -.08 +.07

Sharp drop in IV and premium today, so this one is a bit aggressive. Overnight move was bullish but only represents about 20 SPX points which is modest compared to recent weeks.

SPX

Waited for some weakness but never got it. Take what I can get tomorrow.

Bought to Close SPX Aug 12 2025 6350.0 Puts @ .10 (sold for 8.00)

Sold SPX Aug 13 2025 6400.0 Puts @ 3.20

Tuesday Trades

Bought 1 AAP Aug 22 2025 68.0 Call / Sold 1 AAP Aug 15 2025 65.0 Call at $0.41 Diagonal Bear Call Credit

Added a tiny bit to my CE position at $39.50 on the open.
Sold the last of my KEY position at $17.79. Bought at $10.00 and at $8.75 in 2023

Sold 1 CAG Aug 15 2025 20.0 Covered Call at $0.05
Sold 1 CZR Aug 15 2025 26.5 Covered Call at $0.03
#EveryLittleBitHelps

TQQQ,

BTO August 22, 95/100 call spread at 1.56
The TQQQ made a new all time high and that usually means it goes higher.

TLT

Jumping back in the bond pit selling just before the next Fed meeting.

Sold TLT Sep 12 2025 86.5 Puts @ 1.15
Sold TLT Sep 12 2025 87.0 Puts @ 1.41
Sold TLT Sep 12 2025 87.5 Puts @ 1.70
Sold TLT Sep 12 2025 88.0 Put @ 2.01

EDIT: I do have long Sep 70 strike puts I’m selling against along with short calls.

SPX 0-dte trades for 8/12/25

#SPX0dte I’m skipping the wide condor given the large move after CPI report. Until this market returns to some semblance of normality I will be picking my spots more selectively.

CPI 2.7% in July, less than expected

The consumer price index increased a seasonally adjusted 0.2% for the month and 2.7% on a 12-month basis, the Bureau of Labor Statistics reported Tuesday. That compared to the respective Dow Jones estimates for 0.2% and 2.8%.

https://www.cnbc.com/2025/08/12/cpi-inflation-report-july-2025.html

SOXL TQQQ

Sold 1 SOXL Aug 15 2025 21.0/ 23.5 Bull Put Spread at $0.15 Credit

Bought 1 TQQQ Aug 22 2025 100.0 Call / Sold 1 TQQQ Aug 15 2025 95.0 Call at $0.17 Diagonal Bear Call Credit

SPY SPX TLT

Not a bad week of not watching the market. Survived Sturgis but still on the road. Checking in when I can.

SPY:

Bought to Close SPY Sep 19 2025 580.0 Put @ 1.71 (sold for 5.12)
Bought to Close SPY Sep 19 2025 590.0 Put @ 2.24 (sold for 6.42)

SPX:

Bought to Close SPX Aug 11 2025 6350.0 Puts @ .30 (sold for 48.15, 52.35, 61.90)

And selling same strike again. 🙂 🙂 🙂

Sold SPX Aug 12 2025 6350.0 Puts @ 8.00

And:

Bought to Close SPX Aug 15 2025 5800.0 Put @ .60 (sold for 10.40)
Bought to Close SPX Aug 15 2025 5900.0 Put @ .80 (sold for 20.00)

TLT:

Bought to Close TLT Aug 15 2025 86.0 Puts @ .07 (sold for 1.22)
Bought to Close TLT Aug 15 2025 86.5 Puts @ .14 (sold for 1.49)
Bought to Close TLT Aug 15 2025 87.0 Puts @ .25 (sold for 1.65)