SPX Call Spread Story

Yesterday:
When market peakeded my original 10 delta call went to 45 Delta and risk was high
SPX AprWk4 2110/2130 Call spread originally sold for $1.00 bought back @ $3.50 with the loss $2.50

To compensate the loss, increased the contract size and sold in bit safer spots

Adjustment 1: Sold 20 delta call spread SPX AprWk4 2120/2140 for $1.75 AND
Adjustment 2: Sold 10 delta call spread SPX AprWk4 2125/2145 for $1.00
Today:
When market was down 2090 Bought back both total of 25 cents.

At the end, No Loss/No Gain… (broker is happy with the transactions)

#spxcampaign