#SPXcampaign Sold to open $SPX Feb 5th 1615/1590 put spreads for 1.25.
As we hit 3.5% down on the day, that will be the final spread I try. We will need some strong bounce days in the mix for these put spreads to survive. Today’s drop is the biggest of the year and VIX just hit its highest level since Sept 1st.