Hawk 1:27 pm on Tuesday, March 14, 2023  

SPX

BTO SPX Apr 4000/4100/4300 1/3/2 call BWB @15 credit.

This pairs up with the put side 3700/3600/3400 1/3/2 BWB opened last week at 21.3, for a total of 36 credit. no additional margin cost.

For this type of trades, i try to leg into each side, sometimes there may not be opportunity to add the other side. Depending how things shake up, I may leg out by 1 week before expiration, or hold a little longer for some extra credit to close.

I also do day scalping on SPX, but generally don’t post, too time sensitive, the window may only be there for a few mins.