#RiskReversal At the close yesterday, I felt that we’d had an outsized intraday countertrend move that wouldn’t follow through. I think we will remain at these levels or go higher at least until June 7th, when we get next monthly jobs report, followed by both a CPI report and Fed decision the following week.

So, at the close…
Sold to Open $SPX May 29th 5160/5140 puts spreads
Bought to Open May 29th 5360/5380 call spreads
Net CREDIT +0.15