Jeff 5:39 am on Thursday, September 14, 2023
Tags: SPX1dte ( 1,714 )

SPX same day

#SPX1dte Sold to Open $SPX Sept 14th 4415/4435-4510/4530 condors for 1.00, deltas -.06 +.07, IV 17.9%

Jeff 6:12 am on Thursday, September 14, 2023

STOPPED already…. BTC call side for 1.95.

I entered the trade on a brief spike DOWN after economic data was released. A few minutes later we got a big spike up, possibly due to Christine Lagarde’s ongoing speech in Europe (EU raised rates 0.25%).

I think on these mornings with economic data the better bet is place the trade before the data, as I did yesterday. I got wide width and high premium, which sucked out quite quickly after the data release. This morning, selling AFTER the data release meant my width was too narrow.

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