Jeff 5:42 am on Friday, December 22, 2023
Tags: SPX1dte ( 1,714 )

SPX trades 12/22

#SPX1dte Sold to Open $SPX Dec 22nd 4690/4710-4800/4820 condors for 1.25, deltas -.08 +.07, IV 21.4%

Jeff 8:29 am on Friday, December 22, 2023

Adding an aggressive put spread: Sold Dec 22nd 4735/4715 put spreads for .85, delta -.11
- Jeff 11:07 am on Friday, December 22, 2023
  
  Closed that second spread for .90. Was trying to close for .15 but it only got down to .20 before the spike down happened.
  - Jeff 11:22 am on Friday, December 22, 2023
    
    Closed 4710/4690 put spread for .50. Stop was not hit but I’m avoiding a repeat of Wednesday when my week’s profit was wiped out. I’ve built up a smaller profit since then and retaining it for the weekend. Had I used 10-cent exits on both days, I’d be ending the week with almost 6.00. As it is, I’m ending it with only +1.80.

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