Jeff 5:47 am on Monday, October 23, 2023
Tags: SPX1dte ( 1,714 )

SPX same day

#SPX1dte Sold to Open $SPX Oct 23rd 4130/4150-4275/4295 condors for 1.15, deltas -.05 +.05, IV 30.7%

Jeff 6:44 am on Monday, October 23, 2023

Sold 4250/4270 call spreads for .65. Brutal sell-off so far… but I chased down and didn’t wait for a bounce. Found the bottom, of course.
- Jeff 7:23 am on Monday, October 23, 2023
  
  Stopped out of call spread I rolled for 2.50. For those of you in the nosebleed seats, yes, I traded the morning exactly backwards. Should not have rolled down call spreads so far into a dip with no MA crossover and no bounce.
  - Jeff 7:24 am on Monday, October 23, 2023
    
    Closed put spreads for .30. Looking to roll up
    - Jeff 7:27 am on Monday, October 23, 2023
      
      Sold 4175/4155 put spreads for 1.00, delta -.07
      - Jeff 9:39 am on Monday, October 23, 2023
        
        Closed rolled put side for .15. Will sell again if a chance presents itself. Still have original call spread 4175/4195.
        
        Jeff 11:39 am on Monday, October 23, 2023
        
        Made a risky move to try my LUCK… yes, luck, since all of it has been bad lately. Finally something panned out. When I saw MACD bearish crossover and then first red bars on MACD and TT_Squeeze histograms, I sold to open 4245/4265 call spreads for 4.30, with SPX at 4239. It bounced up on me but histograms continued to print larger red bars so I held firm. Just closed for 2.70, so 1.60 profit. That gives me 1.60 profit for day, I’m done.

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