#SPX1dte After the close I sold $SPX Oct 5th 4170/4190-4320/4340 condors for 1.10, deltas -.06 +.06, IV 18.7%
Daily Archives: Wednesday, October 4, 2023
VFC AES AAP
Added a tiny bit of VFC at $16.00. Div = 6.79%
Added a tiny bit of AES at $13.00. Div = 4.63%
Added a tiny bit of AAP at $52.00. Not much of a dividend since they cut it
#FallingKnife #SP500
backing off
#SPX1dte closed that add-on put spread for .70, so breakeven and covered commissions.
FUN FACT:
Over the past 6 trading days, the S&P 500 is down 1% and the utilities sector is down 11%.
The last time that utilities underperformed by 10%+ while the S&P 500 was negative over a 6-day span?
Never over the past 25 years. Today would be the 1st time.
SPX add-on
#SPX1dte Sold to Open $SPX Oct 4th 4180/4160 put spreads for .75. Sharp down day yesterday so looking for a bounce day. Futures a bit higher now after trending upward for last 6 hours.
Options Bistro 