#SPXcampaign I remain bullish based on VIX Indicator Upside signal. Since it is taking its time going higher, I am placing another #RiskReversal which overlaps with my current one expiring May 5th.

Bought to Open $SPX May 12th 2410/2430 call spreads for 3.00
Sold to Open $SPX May 12th 2355/2330 put spreads for 2.90

My other May 5th R/R may expire worthless which will be a small gain since I sold the put spread for more than I paid for the call spread. If we get a surge next week, both R/R’s will profit.