#SPX0dte After 8 days straight of Expected Move getting hit, I’m throwing in the towel and getting directional. Although it is downside that was most tested, I think we bottomed on Friday and now will recover to new highs. So I’m trying a bullish #RiskReversal. This condor would have gotten me about 1.10 had I sold both sides.
Sold to open $SPX Aug 7th 6315/6295 puts, delta -.07
Bought to open 6430/6450 calls, delta -.05
Total CREDIT +.20
IV 19.30%