#SPX1dte Sold to Open $SPX July 18th 4450/4470-4560/4580 condors for 1.10, SPX at 4511, IV 12.5%, deltas -.09 +.05
These 10-hour+ trades are fairly new for me, so still exploring. Since premium is low and/or condors are narrow at end-of-day or pre-open trades, these provide more of both. They can lose a lot of premium by end of day, or if they get pressured I can close the threatened side at day’s end, usually for a profit.