#SPXcampaign I love these short-term reverse rolls when a rally starts, but of course they only work with a sustained rally… since January, sustained rallies haven’t been happening. Thus, got whipsawed on this one, albeit without much damage. Stopped out when we started dropping for the third time, and of course, that led to the strongest bounce. Will likely roll into a condor later, depending on how the day shakes out.

Closed $SPX April 20th 2690/2665 put spreads for 5.35. Sold for 4.35 as a #ReverseRoll on Tuesday.