#SPX0dte I placed a trade last night around my usual time when I shouldn’t have. The move from the close to 9pm PT was downward, and I want to place this trade only if that move is mostly flat. But I had been encouraged by the resilience of the premium lately so I placed it anyway.

At 12:28am ET, sold to open $SPX July 2nd 5435/5465-5470/5500 condors for 15.478

The downward move continued and premium maxed at 18.75 at around 7:53am. We bounced enough and I just closed for 15.30, so breakeven after commissions. The resilience saved me but my condor is too off-center to risk going into Powell’s speech and JOLT release. I will consider possibilities after 10am.