#BearishDoubleVertical #BullPutSpreads – Taking gains on the long put side. Adding a SPY hedge against the call side of the SPX hedge. Very bullish SPY up to my short call SPX strikes but with very limited downside. Overall still hoping it tanks to 4000. LOL

Sold to Close SPX Jan 19 2024 4400/4300 Bear Put Spread @ 11.10 (“bought” for 3.00 credit)

Leaving the short call side on for now (4750/4760) and selling SPY put spreads to help protect those in another rally.

Sold SPY Jan 19 2024 480/460 Bull Put Spreads @ 16.00

I’ll manage those by planning to take stock at a basis 4 dollars above wherever the stock is at expiration if we tank.