XSP rolls 4/24/26

#FuzzyLEAPs Waiting did NOT pay off Friday. Early was best for OTM rolls.
Rolled $XSP Apr 24th 710 puts to Apr 27th 710 puts for 1.20 credit
Rolled $XSP Apr 24th 708 puts to Apr 27th 708 puts for .87 credit

SPX

#fuzzyleaps
Since we never know how the day will play out, as an experiment, I am trying staggering my rolls throughout the day. I rolled one just now, and I’ll roll the next one around noonish.
Morning roll:
Rolled SPX Apr 24 2026 7050 Put to Apr 27 2026 7050 Put @ 11.00.

XSP rolls 4/23/26

#FuzzyLEAPs Waiting paid off today; don’t know yet what this drop is about but I’ll take it
Rolled $XSP Apr 23rd 708 puts to Apr 24th 708 puts, 1.10 credit
I’m pushing it for the 710’s…

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

XSP rolls 4/22/26

#FuzzyLEAPs Waited awhile today but no drop materialized…
Rolled $XSP Apr 22nd 710 puts to Apr 23rd 710 puts, 1.30 credit
Rolled $XSP Apr 22nd 708 puts to Apr 23rd 708 puts, .90 credit

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

#fuzzyleaps
Might be busy tomorrow, so:
Rolled SPX Apr 22 2026 7075 Puts to Apr 24 2026 7050 Puts @ 12.00.
Order floated to close today’s 7025 Put for a buck.
The above would leave me with 2/3 LEAPs covered.

Edit: The buy order to close today’s 7025 Put for 1.00 filled.

XSP rolls 4/21/26

#FuzzyLEAPs Rolled too early, but at least not at the highs.
Rolled $XSP Apr 21st 708 puts to Apr 22nd 708 puts, 1.00 credit
Rolled UP Apr 21st 700 puts to Apr 22nd 710 puts, 2.00 credit

SPX

#fuzzyleaps
As it turned out, I rolled too early. Oh, well. Tomorrow’s another day.
Rolled SPX Apr 21 2026 7075 Put to Apr 22 2026 7075 Put @ 10.00.
Rolled SPX Apr 21 2026 7025 Put to Apr 22 2026 7025 Put @ 6.00.
Rolled SPX Apr 21 2026 7050 Put to Apr 22 2026 7075 Put @ 9.65.
Total credit on the day = 25.65.

XSP rolls 4/20/26

#FuzzyLEAPs
Rolled $XSP Apr 20th 708 puts to Apr 21st 708 puts, 1.13 credit
Rolled $XSP Apr 20th 700 puts to Apr 21st 700 outs, .39 credit

Also sold to close Dec 2028 660/660/700 LEAP spreads for 24.35. Bought for 42.00 on March 19th.
Loss on LEAPs -17.65
Profit on daily put sales since Mar 19th (started as deep ITM): +35.50
I will be rolling this to higher strikes in one account.

SPX

#fuzzyleaps
Rolled SPX Apr 20 2026 7075 Put to Apr 21 2026 7075 Put @ 10.86.
Rolled SPX Apr 20 2026 7050 Put to Apr 21 2026 7050 Put @ 8.00.
STO SPX Apr 21 2026 7025 Put @ 5.50.
3/3 LEAPs covered now.
Switching to every day selling to maximize premium.

SPX

#fuzzyleaps
Expired: SPX Apr 17 2026 7000 Put (sold for 10.00).
2/3 LEAPs covered now.

XSP rolls 4/17/26

#FuzzyLEAPs
Rolled $XSP Apr 17th 700 puts to Apr 20th 700 puts, .40 credit
Rolled UP Apr 17th 694 puts to Apr 20th 708 puts, 1.35 credit

SPX

#fuzzyleaps
Rolled SPX Apr 20 2026 6925 Put up to Apr 20 2026 7075 Put @ 10.00.

SPX

#fuzzyleaps
Rolled SPX Dec 20 2030 7000 LEAP Put up to Dec 20 2030 7100 Put @ 28.00 Debit.
Then:
Rolled SPX Apr 17 2026 6975 Put to Apr 20 2026 7050 Put @ 11.00 Credit.

XSP rolls 4/16/26

#FuzzyLEAPs
Rolled $XSP Apr 16th 694 puts to Apr 17th 694 puts, .45 credit
Rolled UP Apr 16th 691 puts to Apr 17th 700 puts, 1.30 credit

SPX

#fuzzyleaps
BTC SPX Apr 16 2026 7000/6975 BUPS @ 2.50 (sold for 12.50).
Then:
STO SPX Apr 17 2026 7000 Put @ 10.00.
STO SPX Apr 17 2026 6975 Put @ 10.00.
STO SPX Apr 20 2026 6925 Put @ 16.00.

Rolls #fuzzyleaps my leaps are…

Rolls
#fuzzyleaps my leaps are so low and I also believe that the market is fairly overbought that I decided to buy back my short puts early and work on the rolling of the leaps instead. I plan to wait out the market a bit longer, even until tomorrow to decide the next strikes. This move of 11% plus during the last two weeks put my leaps in.

XSP rolls 4/15/26

#FuzzyLEAPs This market is pretty irrational, but I have to roll on the pullbacks rather than waiting for some late day dump that never comes. My account vales have dropped a lot this week due to bleeding LEAPs positions. I’m planning on liquidating the lowest ones as I’m transferring money between accounts so I’m reducing my position size. Then I need to roll others higher. I don’t feel like rolling strikes higher so taking meager premium.

Rolled $XSP Apr 15th 694 puts to Apr 16th 694 puts, .38 credit
Rolled $XSP Apr 15th 691 puts to Apr 16th 691 puts, .24 credit

Allowing 690 and 692 to expire without rolling to accommodate position size reduction.

SPX

#fuzzyleaps
BTC SPX Apr 15 2026 6950/6925 BUPS @ 2.50 (sold for 15.60).
STO SPX Apr 16 2026 7000/6975 BUPS @ 12.50.

XSP rolls 4/14/26

#FuzzyLEAPs Looks like I will allow all of my now far OTM puts to expire and shift the strikes all higher. I will be shifting my LEAPs spreads higher, but would prefer to wait another day or two in case we get some drop from these nosebleed highs.

SPX

#fuzzyleaps
BTC SPX Apr 14 2026 6725 Put @ 0.15.
BTC SPX Apr 15 2026 6750 Put @ 1.25.
That left me with all 3 LEAPs uncovered.
Then, STO SPX Apr 15 2026 6950/6900 BUPS @ 20.00.
1/3 LEAPs covered now, and that is with a spread.
Net credit on the day is 18.60.

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

#fuzzyleaps
Rolled SPX Apr 13 2026 6750 Put to Apr 15 2026 6750 Put @ 13.50.
6750 is right at the expected move for Apr 15th at the time I am writing this.

XSP rolls 4/13/26

#FuzzyLEAPs Market is in middle of my strikes, which means I could benefit from waiting until later in the day. But the bounce off the lows filled my highest strike first…
Rolled $XSP Apr 13th 684 puts to Apr 14th 684 puts, .85 credit

SPX

#fuzzyleaps
Rolled SPX Apr 13 2026 6650 Put up to Apr 13 2026 6750 Put @ 10.00.

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

XSP rolls 4/10/24

#FuzzyLEAPs As we moved lower from the opening, my strikes that are OTM filled…
Rolled $XSP Apr 10th 674 put to Apr 13th 674 put, .82 credit
Rolled Apr 10th 675 puts to Apr 13th 675 puts, .90 credit
Rolled Apr 10th 679 put to Apr 13th 679 put, 1.40 credit

My 684 ITM strike should fill on a healthy bounce, or I’ll lower my ask.

SPX

#fuzzyleaps
Rolled SPX Apr 10 2026 6675 Put to Apr 14 2026 6725 Put @ 11.00.

XSP rolls 4/9/26

#FuzzyLEAPs
Rolled $XSP Apr 9th 674 puts rolled to Apr 10th 675 puts (one strike higher), 1.40 credit

SPX

#fuzzyleaps
Rolled SPX Apr 9 2026 Put to Apr 13 2026 6650 Put @ 11.00.

SPX #FuzzyLEAPs

@fuzzballl
I have a question for you.
Based on your experience with #FuzzyLEAPs over the last 15 months, what would you consider a priority:

  • accumulate as much cash as possible from the premiums for roll up and “emergency”
  • use most of the cash from the premiums to add as many new LEAP positions as possible, as quickly as possible.
  • a more balanced approach, like keep some cash and open a few new positions.
  • something else

The reason I ask, is that the more positions you have, the quicker you can add new positions, possibly as fast as one new LEAP every 2 weeks. But with more positions, there is an increase in risk, and a need for more cash reserves for rolling up.

Just curious how you see this moving forward.

Comments and suggestions are welcome from everyone. 🙂

SPX Final Numbers

Final numbers are in on the Traditional IRA. It was a long slow process but gradually building as gains accumulated turned it into a great setup. Couldn’t be happier with how these have performed through all the paper trading, experimenting live with tiny positions and then finally really going for it. Nice to see it’s all working about how I imagined in up, down, and sideways markets. Let’s keep going!!

#FuzzyLEAPs

Building positions:

4 added in Oct 2024
3 added in Feb 2025
1 added in May 2025
2 added in Aug 2025
2 added in Dec 2025
3 added in Feb 2026

Lots of various sized roll ups (23 total) eventually getting everything to 7000 strike in 2030 expiration.

====================

Total Cost:

937858.45

Total credit to close LEAPS:

885019.00

Loss on LEAPS:

-52839.45

Total premium received:

918083.85

====================

Net gain:

865244.40

====================

XSP rolls 4/8/26

#FuzzyLEAPs Back in the saddle with XSP trading in the midst of my short puts rather than way below them. If these levels hold or higher I will need to start moving my LEAP spreads back to original levels.

Rolled $XSP Apr 8th 679 put to Apr 9th 679 put, 1.00 credit
Will allow today’s 654 puts to expire and roll to much higher strike.

SPX

#fuzzyleaps
BTC SPX Apr 8 2026 6325 Put @ 0.10.
After today’s TACO trades, I have 2/3 LEAPs covered.

SPX

#fuzzyleaps
STO SPX Apr 10 2026 6675 Put @ 15.00.

SPX

#fuzzyleaps
STO SPX Apr 9 2026 6700 Put @ 10.00.

XSP rolls 4/7/26

#FuzzyLEAPs Frist fill happened in pre-market…
Rolled $XSP Apr 7th 674 put to Apr 10th 674 put, .70 credit

XSP rolls 4/6/26

#FuzzyLEAPs
Rolled $XSP Apr 6th 654 puts to Apr 7th 654 puts, 1.15 credit

SPX

#fuzzyleaps
In case tomorrow is not just another TACO Tuesday:
BTC SPX Apr 6 2026 6275 Put @ 0.20.
BTC SPX Apr 7 2026 6250 Put @ 0.85.
That leaves me with only 1/3 LEAPs covered.

SPX

#fuzzyleaps
Rolled SPX Apr 2 2026 6400 Put to Apr 8 2026 6325 Put @ 26.00.

XSP rolls 4/2/26

#FuzzyLEAPs
Rolled $XSP Apr 2nd 654 puts to Apr 6th 654 puts, 3.00 credit

This filled on the opening bell and is my new personal record for most premium on a one-day calendar for XSP. The 3-day weekend and news-driven volatility certainly helped.

XSP rolls 4/1/26

#FuzzyLEAPs Another difficult day to manage ITM puts. So far:

Rolled $XSP Apr 1st 654 puts to Apr 2nd 654 puts, 1.30 credit
Rolled $XSP Apr 1st 674 put to April 7th 654 put, .40 credit

SPX

#fuzzyleaps
I was pretty busy yesterday, and I had an order out there for today’s roll that filled sometime during the day. Sorry I didn’t post it yesterday but I just now saw it. The only thing better than free money is surprise free money! Lol
Rolled SPX Apr 1 2026 6300 Put to Apr 7 2026 6250 Put @ 25.00.

XSP rolls 3/31/26

#FuzzyLEAPs Trying to roll everything down by 3 points… exiting at different levels. So far:
Rolled $XSP Mar 31st 657 puts to Apr 1st 654 puts, 1.00 credit

SPX

#fuzzyleaps
Rolled SPX Mar 31 2026 6400 Put to Apr 6 2026 6275 Put @ 11.50.

SPX

#fuzzyleaps
Rolled SPX Mar 30 2026 6450 Put to Apr 2 2026 6400 Put @ 10.00.

XSP rolls 3/30/26

#FuzzyLEAPs I’m stuck ITM on all positions so I need to exit on highs, and then sell next day on lows. It keeps being a pretty reliable trade; has worked on about 90% of my attempts since almost every spike higher is followed by a strong dip or drop. I might eventually drag everything low enough to be ITM, or the war will end and the market will just go back up.

So far today:
Rolled $XSP Mar 30th 668 put to Mar 31st 666 put, 1.00 credit
Rolled XSP Mar 30th 679 puts to Mar 31st 677 puts, 1.00 credit

SPX

#fuzzyleaps
Rolled SPX Mar 27 2026 6425 Put to Apr 1 2026 6300 Put @ 12.50

XSP rolls 3/26/26

#FuzzyLEAPs
Rolled $XSP Mar 26th 658 puts to Mar 27th 658 puts, 2.00 credit

SPX

#fuzzyleaps
Rolled:
Mar 26 2026 6500 Put
To:
Mar 31 2026 6400 Put
Credit:
25.05

SPX

#fuzzyleaps
Rolled:
Mar 25 2026 6500 Put
To:
Mar 30 2026 6450 Put
Credit:
25.00

XSP rolls 3/25/26

#FuzzyLEAPs
Rolled $XSP Mar 25th 669 put to Mar 26th 669 put, 1.00 credit
Rolled $XSP Mar 25th 658 puts to Mar 26th 658 puts, 1.50 credit

XSP rolls 3/24/26

#FuzzyLEAPs
Rolled $XSP Mar 24th 658 puts to Mar 25th 658 puts, 1.75 credit

SPX

#fuzzyleaps
After the close, an order for tomorrow’s roll filled:
Rolled SPX Mar 24 2026 6475 Put to Mar 27 2026 6425 Put @ 20.00.

SPX

#fuzzyleaps
Rolled today’s SPX Mar 23 2026 6600 Put to Mar 26 2026 6500 Put @ 12.00.

XSP rolls 3/23/26

#FuzzyLEAPs
Rolled $XSP Mar 23rd 658 puts to Mar 24th 658 puts, 1.42 credit
Rolled $XSP Mar 23rd 670 put to Mar 24th 670 put, .80 credit

SPX

#fuzzyleaps
Rolled today’s SPX Mar 20th 2026 6560 Put to Mar 25th 2026 6500 Put @ 5.70.

XSP rolls 3/20/26

#FuzzyLEAPs
Rolled Mar 20th 658 puts to Mar 23rd 658 puts, 2.30 credit
Rolled Mar 20th 670 put to Mar 23rd 670 put, .30 credit

For my higher strikes gonna need to try swing diagonals again.

#fuzzyleaps I am starting to…

#fuzzyleaps
I am starting to see the disadvantage to use XSP: it’s poor liquidity. You have the XSP moving down 3 to 5 points and the IAB software shows that the price for the leap went down! although it is heavily in negative Deltas. Even Tastytrade shows only very slight moves up. Taxing.

SPX

#fuzzyleaps
Rolled today’s SPX 19 MAR 2026 6575 Put to 24 MAR 2026 6475 Put @ 21.50.

XSP rolls 3/19/26

#FuzzyLEAPs Massive management day. Rolled several LEAPs spreads down, and used those “credits” to roll several short puts down as well

Sold to close:
$SPY Dec 2028 690/690/730 spread for 53.54. Opened Dec 23rd for 33.56.
$XSP Dec 2028 695/695/735 spreads for 55.10. Opened Jan 28th and Feb 2nd, 38.95 (avg price)
$XSP Dec 2028 690/690/730 spreads for 47.30. Opened Jan 12th for 36.95.

Bought to Open
$XSP Dec 2028 660/660/700 spreads for 42.05 (avg price).

SPX

#fuzzyleaps
STO tomorrow’s SPX Mar 19th 2026 6575 Put @ 11.00.

SPX

#fuzzyleaps
STO SPX Mar 20th 2026 6560 Put @ 17.50.
My ladder was empty, so I’m back-filling it today with the Fed day volatility.

XSP rolls 3/18/26

#FuzzyLEAPs
Rolled $XSP Mar 18th 672 puts to Mar 19th 672 puts, 1.50 credit

SPX

#fuzzyleaps
STO SPX Mar 23rd 2026 6600 Put @ 34.50.

XSP rolls 3/16/26

#FuzzyLEAPs
Rolled $XSP Mar 16th 672 puts to Mar 17th 672 puts, 1.60 credit.
All three of my other strikes still too high, so will try some swing-diagonals or push them out in time.

XSP rolls 3/13/26

#FuzzyLEAPs This is the most I’ve gotten yet for a one day calendar…
Rolled $XSP Mar 13th 672 puts to Mar 16th 672 puts, 2.58 credit

SPX

#fuzzyleaps
I am at 2/3 LEAPs covered, so I’m going to skip trading today. I have one short put expiring tomorrow, so I’ll manage that one then.

XSP rolls 3/12/26

#FuzzyLEAPs
Rolled $XSP Mar 12th 672 puts to Mar 13th 672 puts, 1.90 credit

Last night I forgot that the overnight market trading hours had extended, so an order I was planning on changing before bedtime was still entered, and filled at 8:15pm ET. The order was to sell for 17.00…

Sold XSP Mar 12th 692 puts for 20.06.

So I only rolled down one strike but I got around a 4.00 credit.

I’m probably going to be trying more of these swing-rolls because my strikes are just getting to be too ITM.

SPX

#fuzzyleaps
STO SPX 16 MAR 2026 6550 Put @ 12.50.
If my usual timing holds, here comes the selloff…

XSP rolls 3/11/26

#FuzzyLEAPs
Rolled $XSP Mar 11th 672 put to Mar 12th 672 put, 1.30 credit
Rolled $XSP Mar 11th 683 puts to Mar 12th 683 puts, 1.20 credit

SPX

#fuzzyleaps
BTC today’s SPX Mar 10th 2026 6570/6500 BUPS @ 0.15 debit. Sold for 10.00.

XSP rolls 3/10/26

#FuzzyLEAPs
Rolled $XSP Mar 10th 683 put to Mar 11th 683 put, 1.30 credit

SPX

#fuzzyleaps
STO SPX Mar 13th 2026 6640 Put @ 24.00.