#SPX1dte Bought to Open $SPX June 29th 3700/3720-3920/3940 condors for 1.25. Taking the same approach as yesterday, even though it didn’t pan out today. Decisions on when to clese are much more difficult when going long. Had I sold at the peaks today, would have gotten 1.00 on call side and 1.60 on put side. But it seems that while my usual short strategy racks up successive small wins and occasional chunky losers, a successful long strategy would consist of multiple small losses and occasional chunky wins. A few weeks ago after we ended a multi-day rally, the first big down day was followed by a couple of bigger down days. Are we starting the next leg lower?

#SPX1dte I went long on today’s, and was hoping for a nice spike higher. Got up a bit over a dollar before retreating, so I missed fills. Now, on downside, sold half the position for .40. Holding the rest for possible deeper dive. Bought the condors for 1.25, so likely facing a loss unless we really crash today.