#FuzzyLEAPs
Rolled $XSP May 15th 750 puts to May 18th 750 puts, .50 credit
Rolled $XSP May 15th 740 puts to May 18th 750 puts, 1.55 credit
Tag Archives: FuzzyLEAPs
SPX
#fuzzyleaps
Rolled SPX May 15 2026 7415 Put to May 18 2026 7400 Put @ 10.00 Credit.
XSP rolls 5/14/26
#FuzzyLEAPs I noticed this last week but for some reason failed to react to it… we’ve been in a pattern of two days massively higher than third day pullback, or at least relax. Despite this, I keep waiting until late in the day for rolling, leaving a lot of money on the table on days like today. I need to sell dailys early, not late. Of course, throwing in the towel on a relentless rally could mean it will end soon. But muy management of this strategy for the past couple months has been quite poor. My account values still stuck and won’t advance.
SPX
#fuzzyleaps
LEAP Roll:
Rolled SPX Dec 20 2030 7400 Put up to Dec 20 2030 7500 Put @ 27.50 Debit.
Daily Rolls:
Rolled SPX May 14 2026 7390 Put to May 15 2026 7415 Put @ 8.55 Credit.
Rolled SPX May 14 2026 7370 Put to May 15 2026 7450 Put @ 7.60 Credit.
One more left to do today.
XSP rolls 5/13/26
#FuzzyLEAPs Another nose bleed day so waiting past the morning was definitely the wrong move.
Rolled $XSP May 13th 740 puts to May 13th 740 puts, .55 credit
Rolled $XSP May 13th 735 puts to May 14th 735 puts, .20 credit
SPX
#fuzzyleaps
Rolled SPX May 13 2026 7380 Put to May 14 2026 7390 Put @ 15.00 credit
Rolled SPX May 13 2026 7370 Put to May 14 2026 7370 Put @ 10.00 credit
Rolled SPX May 13 2026 7360 Put to May 14 2026 7350 Put @ 6.75 credit
XSP rolls 5/12/26
#FuzzyLEAPs Back in the “sweet spot” where my daily strikes are near ATM. Since we’ve been droppinng the OTM one filled first. If we go higher I’ll get a nice fill on the ITM one.
Rolled UP $XSP May 12th 730 puts to May 13th 735 puts, 1.50 credit.
SPX
#fuzzyleaps
Morning:
Rolled SPX May 12 2026 7360 Put to May 13 2026 7360 Put @ 10.00
Afternoon:
Rolled SPX May 12 2026 7375 Put to May 13 2026 7370 Put @ 9.75
Rolled SPX May 12 2026 7385 Put to May 13 2026 7380 Put @ 8.25
XSP rolls 5/11/26
#FuzzyLEAPs
Rolled $XSP May 11th 732 to May 12th 732 puts, .25 credit
Rolled UP May 11th 730 puts to May 12th 740 puts, 1.50 credit
SPX
#fuzzyleaps
Rolled SPX May 11 2026 7325 Put to May 12 2026 7375 Put @ 7.50
Rolled SPX May 11 2026 7340 Put to May 12 2026 7385 Put @ 10.25
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
#fuzzyleaps
Rolled LEAPs up 100 points to 7400 @ 27.50 debit.
Then:
STO SPX May 12 2026 7360 Put @ 7.00.
XSL rolls 5/8/26
#FuzzyLEAPs
Rolled $XSP May 8th 732 puts to May 11th 732 puts, .69 credit
Rolled $XSP May 8th 730 puts to May 11th 730 puts, .51 credit
SPX
#fuzzyleaps
Breakfast roll:
Rolled SPX May 8 2026 7325 Put to May 11 2026 7325 Put @ 8.00.
XSP rolls 5/7/26
#fuzzyleaps
Rolled $XSP May 7th 732 puts to May 8th 732 puts, 1.01 credit
Rolled UP May 7th 725 puts to May 8th 730 puts, 1.00 credit
SPX
#fuzzyleaps
I split up today’s BUPS:
Rolled SPX May 7 2026 7350 Put to May 8 2026 7340 Put @ 10.00 Credit.
STC SPX May 7 2026 7340 (Long) Put for 6.00 Credit.
SPX
#fuzzyleaps
Rolled SPX May 7 2026 7300 Put to May 8 2026 7325 Put @ 6.75.
Rolled SPX May 7 2026 7275 Put to May 8 2026 7300 Put @ 5.00.
Not much butter on the rolls today.
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.
XSP rolls 5/6/26
#FuzzyLEAPs No relief, gotta keep rolling up. I have noticed my account values have not moved up for two months now. This is in contrast to the first 4 months of this strategy, which saw steady profits. So what happened? The war correction, obviously, but what about my management of the trades stopped the profits? I was able to roll almost every day for a CREDIT the whole time, so I’m betting it was the roll DOWNs of both LEAP spreads and daily puts. It deprived me of some the profit I should have reaped when the recovery happened. I need to examine what happened and come up with a better approach for next time. Any feedback is also welcome.
Rolled $XSP May 6th 725 puts to May 7th 725 puts, .16 credit
Rolled UP May 6th 720 puts to May 7th 732 puts, .74 credit
Also rolled up 685 LEAPs to 730. My LEAPs are now at 710, 720, and 730.
SPX
#fuzzyleaps
Morning trade:
Rolled SPX Dec 20 2030 7200 LEAPs up to 7300 strike @ 27.00 debit.
STO SPX May 7 2026 7275 Put @ 10.40.
XSP rolls 5/5/26
#FuzzyLEAPs Very few good days for OTM puts. Just keep rolling higher.
Rolled $XSP May 5th 720 puts to May 6th 720 puts, .34 credit
Rolled UP May 5th 714 puts to May 6th 725 puts, 1.07 credit.
SPX
#fuzzyleaps
Lunch roll:
Rolled SPX May 5 2026 7225 Put to May 6 2026 7250 Put @ 12.00.
I might skip the dinner roll today and leave one LEAP uncovered. I don’t want to get too fat. Rolls with every meal is a lot of carbs.
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
#fuzzyleaps
Morning roll:
Rolled SPX May 5 2026 7225 Put to May 6 2026 7225 Put @ 9.00.
XSP rolls 5/4/26
#FuzzyLEAPs Filled on the way
D
O
W
N
Rolled $XSP May 4th 720 puts to May 5th 720 puts, 1.00 credit
Rolled $XSP May 4th 714 puts to May 5th 714 puts, .50 credit
SPX
#fuzzyleaps
Since my short puts are all ATM, I’m going to try to spread the rolls out during the day, and possibly to different strikes if possible.
Morning roll:
Rolled SPX May 4 2026 7225 Put to May 5 2026 7225 Put @ 10.25.
$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
#fuzzyleaps
LEAPs Roll:
Rolled SPX Dec 30 2030 7100 Puts to Dec 30 2030 7200 Puts @ 26.85 Debit.
Daily Roll:
Rolled SPX May 1 2026 7100 Puts to May 4 2026 7225 Puts @ 9.30.
Should have waited, but I rolled earlier expecting another straight up day.
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
XSP rolls 5/1/26
#FuzzyLEAPs Relentless upside continues so I keep rolling higher.
Rolled $XSP May 1st 714 puts to May 4th puts, .32 credit
Rolled UP May 1st 712 puts to May 4th 720 puts, .90 credit
XSP rolls 4/30/26
#FuzzyLEAPs An awful day to delay rolling… I seem to get this wrong on a majority of days and can’t find a way to make it better
Rolled $XSP Apr 30th 712 puts to May 1st 712 puts, .23 credit
Rolled UP Apr 30th 710 puts to May 1st 714 puts, .37 credit
Also rolled up some LEAPs from 675 level to 720 level, 14.34 debit for that roll. Now my leaps are at 720, 710, and 685.
SPX
#fuzzyleaps
Rolled SPX Apr 30 2026 7075 Put to May 1 2026 7100 Put @ 9.30.
Rolled SPX Apr 30 2026 7050 Put to May 1 2026 7100 Put @ 10.00.
Rolled SPX Apr 30 2026 7025 Put to May 1 2026 7100 Put @ 10.10.
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
#fuzzyleaps
Rolled SPX Apr 29 2026 7100 Put to Apr 30 2026 7075 Put @ 11.55.
Rolled SPX Apr 29 2026 7075 Put to Apr 30 2026 7050 Put @ 10.00.
STO SPX Apr 30 2026 7025 Put @ 10.20.
XSP rolls 4/29/26
#FuzzyLEAPs Ending my day early, thanks to the Fed for high premiums.
Rolled $XSP Apr 29th 712 puts to Apr 30th 712 puts, 2.10 credit
Rolled $XSP Apr 29th 710 puts to Apr 30th 710 puts, 2.00 credit
SPX #fuzzyleaps With the FED…
SPX
#fuzzyleaps
With the FED Decision pending, will you wait to roll?
SPX
#fuzzyleaps
I was out earlier. Did the rolls in the last hour.
Rolled SPX Apr 28 2026 7125 Put to Apr 29 2026 7100 Put @ 8.00.
Rolled SPX Apr 28 2026 7100 Put to Apr 29 2026 7075 Put @ 4.40.
XSP rolls 4/28/26
#FuzzyLEAPs No waiting today
Rolled $XSP Apr 28th 712 puts to Apr 29th 712 puts, 1.40 credit
Rolled $XSP Apr 28th 710 puts to Apr 29th 710 puts, 1.20 credit
XSP rolls 4/27/26
#FuzzyLEAPs Another drip UP day so waiting on OTM rolls worked out badly
Rolled $XSP Apr 27th 710 puts to Apr 28th 710 puts, .30 credit
Rolled UP Apr 27th 708 puts to Apr 28th 712 puts, .50 credit
SPX
Bought to Close SPX Apr 27 2026 7075.0 Puts @ .95 (sold for 46.95)
Sold SPX Apr 28 2026 7100.0 Puts @ 9.00
Rolled SPX Apr 27 2026 7125.0 Puts to Apr 28 2026 7125.0 Puts @ 9.20 credit (30.70 total now)
Adding a little early. Probably would have added next week anyway but this feels like a good time with market on a big run and some decent premiums this week.
Bought SPX Dec 2030 7100.0 Puts @ 740.00
Sold SPX Apr 28 2026 7150.0 Puts @ 19.00
SPX
#fuzzyleaps
Morning trade:
Rolled SPX Apr 27 2026 7050 Put to Apr 28 2026 7100 Put @ 8.50.
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
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!!
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
====================