#SPXcampaign Sold $SPX July 7th 2425/2450 call spreads for 3.25. A roll from stopped put spread; aggressively near-the-money, but following my thesis that we are going lower. I will be wrong if we end the day above 2430 and roll. If we get a strong push down later I will try to sell a put spread for about 1.80 to make up for full cost of exiting the earlier spread.
#IBroll Bought to close July 12th 2420/2395 put spreads for 7.20. This was part of the #IBroll sold last week for 18.85. I rolled the call side up yesterday… will #ITMroll this one down when we hit lower levels on the index.