Watching for Friday. Had originally sold a few 5700/5705 call spreads and told Mr. Market to come get ’em. LOL He listened. Sometime last week when they started taking some real heat I added the put spread side setting up an iron fly. Still an outside shot at gains but minimizing loss.

Now:

SPX May 16 2025 5695/5700/5700/5705 Iron Flies @ 3.65

No problem taking this loss with all the gains the rally has made. Mr. Market listened to me (for once)!