SPX trades

In the high IV env, seems trading index options is just as good…

Scaled some 4600 calendar (Friday/Monday expires) for 4.7, bought for 2.3 .

Also closed some unbalanced BWB early for additional credit. This is the structure I started using in the last few weeks, replacing the 1:2:1:2 4 leg put spread, 3 legs are easier to handle than 4, with similar RR and greeks. I generally put it on on a down day, 30DTE, 0.4/0.3/0.1 deltas using 1/3/2 BF, can collect 40-90 credit. Sometimes can close for additional credit if SPX lands between the long leg and the short leg.