#SPXcampaign I was holding the $SPX Oct 19th 2100/2075. My stop was the September lows, so when we broke that this morning, I considered closing it. I entered a stop price of 5.40, but did not want to submit the trade until I saw how the bounce would act. Well, guess what? I mistakenly submitted it.

As many expected, the 2120 area held (so far). But it’s done, so I decided to roll into an iron condor with the same expiration and same number of contracts. No doubt risky, probably more to the upside. But I will roll either side, if either are threatened.

Stopped: Bought to close SPX Oct 19th 2100/2075 put spreads for 5.40. Sold for 2.75 last Thursday.
Rolled to: Sold to Open SPX Oct 19th 2055/2080/2150/2175 iron condors for 5.25. Paid a .15 debit on the roll, but that’s okay since I brought in a heft 2.75 on the initial sale.