#SPXcampaign Sold to Open $SPX May 25th 1975/1950 put spreads for 1.50, with SPX at 2032.
I don’t like selling the monthlys with their AM settlement for short-term fear-trade, so I jumped to next Wednesday’s. I may try to close end of today if we rally back enough.

Meanwhile, two spreads touched my 3.00 stops at the bottom today. I am not closing yet… will wait to see how day settles and decide from there. If we start another sharp drop I will close at least one of them and roll.

VIX has popped today but is still pretty far from its lowest signal level (18.75).