SPX 1-dte

#SPX1dte Sold to Open $SPX Jan 20th (Monthlys) 4415/4435-4665/4685 condors for 1.30, SPX at 4565, IV 23.6%, deltas -.06 +.06. I have not sold monthlys on this strategy in a long time, but since I’m currently taking a break from the 5-dte strategy I’m including them this month. These stop trading at close tomorrow but don’t settle until Friday morning’s open, which mean if I don’t close them tomorrow they will be exposed to possibility of a gap open on Friday.

Expected to expire worthless: Jan 19th 4455/4475-4670/4690 condors, sold yesterday for 1.50.