Going long for tomorrow

#SPX1dte Bought to open $SPX Sept 22nd 4230/4250-4400/4420 condors for .90.

I think chances are good for a big bounce or a big drop on a Friday. I’m also looking to get out of the 2nd half of my Sep 28th 4250/4230 put spread. Just don’t want to wake up with the thing at 6.00 tomorrow.

Both of these moves put me deeper into the hole for the week, but it is also my only shot at any kind of recovery.

SPY

STO SPY Oct27’23 410 PUT @2.00

MELI short put

Sold to open $MELI Oct 20 1120 put (09 delta) @ 5.70 with the stock at 1301.

Risk off

#SPX1dte BTC $SPX Sep 21st 4315/4295 put spreads for .15

SPY TLT

#ShortPuts – A couple adds.

Sold SPY Nov 03 2023 415.0 Put @ 3.00

Sold TLT Oct 20 2023 93.0 Put @ 2.70

AMZN

#NAKED CALL
BOT AMZN 22 SEP 2023 132 CALL @.77 NYSE
(net 9.02) this closes can kicking this call!

SPX same day

#SPX1dte Sold to open $SPX Sep 21st 4295/4315-4400/4420 condors for 1.10, delta -.05 +.08, SPX at 4365, IV 23.6%

A bit aggressive on call side. If we just found the bottom then I’ll be stopped out.

VIX awakens

VIX VXX UVXY all up big

Partial risk reversed

#SPX1dte Earlier, Bought to close half of the #RiskReversal put side. Stop not hit yet, but since this is a double position I want to reduce risk while it is cheaper to do so.

BTC $SPX Sep 28th 4250/4230 put spreads for 1.30. Trade entered for a .30 debit on Tuesday.

No trade for today yet. Gun shy after yesterday’s misfire.

Possibly the worst “Upside” Warning since 2001. I’ll write a post about it later today.