geewhiz112 12:04 pm on Friday, March 29, 2019
Tags: SPXcampaign ( 2,265 )

Closed SPX Early

#spxcampaign
$SPX BTC 3/29 2800/2820 BUPS at .50 STO 3/19 at 4.80 Thank you @jeffcp66. The ride was bumpy.

Jeff 12:26 pm on Friday, March 29, 2019

You have higher risk tolerance than I do. Had to bail yesterday. If we had gapped down rather than up this morning, it would have been close to a 20.00 loss. It almost never fails that the opposite of my decision turns out to be the right answer.

But my error was placing the trade, especially as a reverse roll. I should not be selling nearly ATM spreads without a fresh Upside Warning. That’s why I have now have a few wider condors going with more time to expiry.
- geewhiz112 12:35 pm on Friday, March 29, 2019
  
  Your decisions are far superior and profitable. I wish I could emulate your get out of Dodge style.
  Staying in Dodge not good for the tummy. All the best.

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