Jeff 6:51 am on Tuesday, November 26, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 11/26/24

#SPX0dte Sold to Open $SPX Nov 26th 5920/5940-6040/6060 condors for .85, IV 17.22%, deltas -.04 +.07

Jeff 7:42 am on Tuesday, November 26, 2024

Sold 5965/5995-6000/6030 condors for 12.60, IV 15.18%
- Jeff 8:04 am on Tuesday, November 26, 2024
  
  Well, waited too long and missed lots of decay, but now it looks like I may have entered at the beginning of a bounce. When it’s moving against me to the upside, the losses mount more quickly than downside. Will look to bail on a pullback.
  - Jeff 8:10 am on Tuesday, November 26, 2024
    
    Bailed for 12.35. Will look again after 1pm ET
    - Jeff 9:56 am on Tuesday, November 26, 2024
      
      Sold 5980/6005-6010/6035 condors for 8.20, IV 13.34%. 25-point wings
      - Jeff 10:00 am on Tuesday, November 26, 2024
        
        Trying to sell these when SPX a bit above my center, but I keep catching the beginnings of breakouts. My first one which I bailed on ended up achieving 10% but I was still correct about the trend. This one needs to come back in soon or I’m bailing again.
        
        $TICK has not hit +600 all day so its odd that we are melting higher
        
        Jeff 10:58 am on Tuesday, November 26, 2024
        
        Closed for 7.20, about 12%. Stop not hit, but trend is still higher and wanted to get out of way of FOMC Minutes release

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