Building an SPX 1dte position throughout the day. First trade is a ccs based on Theo 2731 gravity point, too many up days, other possible one or two day dampers. Adding trades as I take them.
STO SPX Feb6 2755/2760 BeCS @ .45 x1
STO SPX Feb6 2705/2700 BuPS @ .30 x2. Didn’t get the pullback after PMI/ISM that I expected.
STO SPX Feb6 2760/2765 BeCS @ .35 x1. This converts one 10w spread for .80 credit
STO SPX Feb6 2705/2700 BuPS @ .30 x1. Willing to go up to 8 BuPS.
STO SPX Feb6 2705/2700 BuPS @ .60 x1. 4 pcs total
Flied off the risk on the call spread for 2.30 debit. New position SPX Feb6 2745/2755/2565 call fly.
Update: BuPS x4 closed at .05 for $100 total profit.
Don’t want short risk tomorrow due to VIX upside warning potential at the close today.