#SPXcampaign Still getting pressed on some call spreads so rolling. I’m not selling put spreads at these levels… I expect another dip, perhaps not as low as Monday; but I’m waiting for a pullback or VIX below 18.00 before I’ll start getting bullish. Jobs report is tomorrow and no matter what the results, it may be an excuse to sell. I also will be selling half of my double-sized LONG call spread today at or near a triple.
Stopped: $SPX Apr 13th 2670/2695 call spreads for 11.50. Sold for 3.75 on Tuesday. No roll yet.
#CondorRoll: from calls stopped yesterday. (these are the only puts I’m adding)
Sold Apr 20th 2540/2565/2750/2775 condors of 7.05.
Closed Apr 13th 2720/2745 call spreads for 4.80. Sold for 3.65 on 3/28. No roll yet.
Again, JOBS report tomorrow could be a trigger for panic selling, or panic buying.