SPX 1-dte

#SPXcampaign My condor for today, Nov 30th 2690/2710/2810/2830, is expiring (sold for .90). I wasn’t planning on doing one for Monday due to the chance for a huge gap on the China talks. However, IV is so high, that I was able to sell a very wide condor. My short strikes have been around 100 points apart in this last week. For Monday’s condor, they are 210 apart.

Sold $SPX Dec 3rd 2620/2640-2850/2870 condors for .95.

Short strikes are 115 points away on downside, 95 points on upside. We have exceeded those moves only once this year: to the downside on Feb 5th.