#SPX0dte Sold to Open $SPX Apr 23rd 5300/5280 puts for 1.05, delta -.10, IV is bouncing wildly around 60%

I caught this on the pullback before another spike higher (9:37a ET). On that spike higher, IV and premium started going wild… this spread got above 1.50 in that period, even though SPX is higher than when I sold it.