Happy Turkey to all!!
Much friendship and wonderful advice is on this site. A tribute to the founder @jeffcp66.
You are all appreciated very much.
The low volume march to infinity has triggered my adjustment level so I closed the CCS side of the 12/13 318/322 for a 0.83 loss. I am hoping for a pull back on Monday when people return but hoping has never made me any money.
Left the put side open, will close when it is down to 0.05 then loss will only be 0.20.
Following the new rules I opened the PCS side for 12/20 at the 304/301 strikes for 0.24 credit. Will stay one sided until there is a definitive change/reversal.
A rapid flush down I would back ratio.
Happy Thanksgiving Bistro’ers!
STO January 17, 145 puts at 2.11
BTC the put side of the strangle at .75 cents. I will let the December 20, 195 call just expire.
#SPX1dte Sold $SPX Nov 29th 3090/3110-3165/3185 condor for .85, IV 6.42%, SPX 3144.
Trying something different: selling in the morning so I can grab some premium before it evaporates. I don’t expect SPX to move too much in the next day and a half of holiday trading.