Everything Got More Time, Except the One That Didn't

The options books did one thing this week, and they did it four times: they bought more time.

Three short puts that expire in January 2027 were closed on Friday, and two of them were immediately rewritten into June 2027. NBIS came off at 15.25 and went back on ten dollars higher at the 160 strike for 34.45; PLTR came off at 10.90 and went back on at the same 150 strike for 19.75. Both rolls were taken at a net credit — 1,918 dollars on NBIS, 883 on PLTR — so the book extended its horizon by five months and was paid to do it, without changing the size of anything.

The exception is the one worth naming. IONQ's January 40-strike puts were bought back across four contracts and simply left closed — no replacement, no roll, no new strike. Everything else in that book was given more time; that one was given none.

One new line went on alongside the rolls: a June 2027 155 put on SKHY, sold for 39.31 with no closing leg behind it. In the hypergrowth book the movement went the other way — the January 2027 220 call on QCOM was bought back and closed, which takes a ceiling off the position rather than putting one on. Realised gains across the two options books came to 3,795 dollars.

The equity side spent the week rotating rather than adding. Global Tech 50 closed ASGLY at 7.49 for a loss of 783 dollars and put almost exactly the proceeds into 35 shares of ARM at 278.65 — an 11,319 dollar exit funding a 9,754 dollar entry, with the difference left in cash. It was the only loss taken all week, and the only position closed at one.

AI Build-Out went the other direction and trimmed a winner: 100 shares of LNVGY at 85.18, booking 3,843 dollars and leaving 200 shares still open. That is a third of the line off the table and two thirds still running.

The Nokia entry in the Global Tech 50 log is not a decision at all — 3.96 shares at 9.44 is the dividend reinvestment doing its usual quiet work, and it is listed here only so the log reads complete.

Global ETFs did nothing. After the July session that took that book from twenty-two lines to thirteen, a week of no trades is the more informative entry.

Nothing here is a recommendation, and none of it is advice — it is the log of what this diary's books actually did between Monday and Friday. The full ledger, newest first, sits on the signals page.