#SPX0dte BOUGHT to open $SPX Aug 8th 6275/6295-6405/6425 condors for .95, IV 19.26%, deltas -.06 +.07

After 9 straight days of big moves, I feel forced to reverse strategy and try this long on both sides. Over these nine days the pattern has mostly been to start the move about a half hour or more into the day. So I found my strikes at my usual time, about 45 minutes before the open. This time they would gave SOLD for 1.05. I waited until after the open for a cheaper BUY price. So we’ll see if this becomes the 10th day, two full trading weeks, where the SPX moves past the expected move on 6-ish-delta condors. Since I’m now long, it’s probably the day it won’t happen!