Jeff 12:52 pm on Monday, October 2, 2023
Tags: SPX1dte ( 1,714 )

SPX 1-dte

#SPX1dte Sold to Open $SPX Oct 3rd 4185/4205-4330/4350 condors for 1.30, deltas -.06 +.06, SPX at 4276, IV 18.2%

Jeff 12:53 pm on Monday, October 2, 2023

Edited, I got 1.30
Jeff 1:07 pm on Monday, October 2, 2023

So I sold this at 6 minutes before close, with -.06 +.06 delta. At the close, deltas had moved to -.03 +.11

This is the discomfort of selling in afternoon! I guess when volatility has been higher, I gotta wait for the last minute.
- Jeff 5:42 am on Tuesday, October 3, 2023
  
  As a follow up, an hour before the open, which is when I usually sell same day condors, the deltas are -.05 +.03. Quite the delta whipsaw.

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment