SPX 0-dte trades for 12/18/24

#SPX0dte Sold to Open $SPX Dec 18th 5960/5980-6110/6130 condors for 1.35, IV 25.65%, deltas -.07 +.05

I liked the width and premium enough to sell this even though I’m not certain there will be a lot of decay before the FOMC press conference. Based on last time, there won’t be a huge reaction given everyone knows this will be another .25% cut.