Jeff 5:43 am on Wednesday, March 27, 2024
Tags: spx0dte ( 421 )

SPX 0-dte 3/27/24

#SPX0dte At 8:42 ET Sold to Open $SPX Mar 27th 5195/5225-5230/5260 condors for 13.35, IV 14.11%

geewhiz112 6:49 am on Wednesday, March 27, 2024

Adjusted a little
STO 3/27 5190/5220-5220/5250 Received 19.15
- geewhiz112 7:08 am on Wednesday, March 27, 2024
  
  Order filled
  $SPX BTC 3/27 5190/5220-5220/5250 at 15.00 22% of max profit.
  - davidm501 7:29 am on Wednesday, March 27, 2024
    
    Looks like you are not selling at the market. How you are picking you position?
    - geewhiz112 7:39 am on Wednesday, March 27, 2024
      
      I look at the early trading and do use “feel” or intuition. Not scientific at all. My son says I am lucky. My bias today was that the market would behave a bit like yesterday.
      - davidm501 8:07 am on Wednesday, March 27, 2024
        
        Thanks. My son knows that I am not lucky. That said, with the /ES opening just about at the expected move for the day there was reason to look for a down move.
  - Jeff 7:31 am on Wednesday, March 27, 2024
    
    I had same question as David…. you sold 15 points below where SPX was trading, so we got the drop and you reaped a big profit. Good job, but it’s a directional trade.
davidm501 6:50 am on Wednesday, March 27, 2024

@9:37 SELL -1 IRON CONDOR SPX 100 (Weeklys) 27 MAR 24 5235/5265/5230/5200 CALL/PUT @11.45 LMT

Bracket:
limit: 10.25
stop limit: 13.50/13.65
- davidm501 7:07 am on Wednesday, March 27, 2024
  
  Stop hit @ 10:03. 13.65. $220 loss
Jeff 6:54 am on Wednesday, March 27, 2024

10% hit at 9:54 ET, still holding
- Jeff 8:13 am on Wednesday, March 27, 2024
  
  Closed for 11.35, so 2.00 profit, about 15% of max.
  
  I was going for 9.00 today and waiting it out, but not liking the larger red bars and smaller green ones.

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