Jeff 5:40 am on Friday, July 5, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades 7/5/24

#SPX0dte Sold to Open $SPX July 5th 5505/5535-5540/5570 condors for 13.60, IV 15.76%

Jeff 8:49 am on Friday, July 5, 2024

Relentless upside torpedoed my week. After last two days I though we might finally consolidate a bit, but this market only wants to go in one direction. I was pushing for more than 10% which turned out to be my error. I will look to rectify this Monday and Tuesday which will hopefully be somewhat quieter leading up to CPI report on Thursday, but with any upside indication I will lower my expectations.

Still in the trade, looking for any pullback to stop out.
- Jeff 9:27 am on Friday, July 5, 2024
  
  Stopped for 16.00. Loss of -4.50 for the week. Need to do better.

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