#SPX1dte Sold to Open $SPX July 5th 4400/4380 put spreads for .75. Delta -.07, IV 18.25%

Adding to my already existing 4375/4395-4495/4515 condors, sold Monday morning for 1.25. Futures are at the low end of their overnight range, so making a bet on a drift higher into today’s close. This does however, double my risk on downside. Expected move is only 18.67 at 30 minutes before the open (usually between 20-25 at this time in last couple months).