#SPX1dte Getting ripped to the upside so I had to bail. Yesterday’s open was possibly the low, and I should have realized that as the market ticked steadily higher in the afternoon. Instead, I doubled down. Live and learn (or make bad trades and learn). That ends my streak of killer returns that started with the Upside Warning on July 5th. I will now resume neutral trades until the market shows its true direction. Probably going higher but not certain until VIX gets lower.
BTC $SPX Aug 12th 2900/2925 call spreads for 15.35. Sold for 9.00 on Tuesday.
BTC $SPX Aug 9th 2910/2935 call spreads for 10.60. Sold for 5.20 yesterday.