Jeff 10:06 am on Wednesday, April 30, 2025
Tags: spx0dte ( 421 )

SPX trades for 4/30/25

#SPX0dte Sold to Open $SPX Apr 30th 5480/5510-5515/5545 condors for 19.10, IV 38.98%.

Avoided trading earlier due to market reaction of GDP data.

Jeff 10:15 am on Wednesday, April 30, 2025

Quickly stopped out for 20.20. Picked precisely the wrong moment to enter.
- Jeff 10:21 am on Wednesday, April 30, 2025
  
  Switching to a wide one to make that dumb loss back:
  Sold 5415/5435-5565/5595 condors for 1.20, IV 39.88%, deltas -.06 +.07
  - Jeff 10:34 am on Wednesday, April 30, 2025
    
    Already bailed on call side for 1.15. This is a day where traditional open trade would have been fine, but instead I wait until later and make a mess of things.
    - geewhiz112 12:05 pm on Wednesday, April 30, 2025
      
      Tariffs not in play since the 1930’s. Tricky landscape to traverse.
    - Jeff 12:49 pm on Wednesday, April 30, 2025
      
      Worked four days in a row… today for 4 bucks: Sold 5560/5540 put spreads at 3:35 for 19.00, BTC at 3:46 for 15.00. These last half hour spikes just keep coming… this one is big and could have gotten more. Yesterday’s was almost unoticeable and I still got 2.00.
      - Jeff 12:53 pm on Wednesday, April 30, 2025
        
        Damn, now I’m disappointed with my 4 bucks. Yesterday’s 2-dollar profit was probably the max I could get. Today it looks like I could have gotten the full 19.00

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