SPX 7-dte stopped

#SPX1dte BTC $SPX Dec 9th 3025/3000 put spreads for 1.90, at the close. Condors sold yesterday for 1.75. Letting the 3190/3215 call side expire.

#ReverseRoll Sold $SPX Dec 9th 3150/3175 call spreads for 1.60. Believing there is more downside ahead, but will be wary of a big up day, which is always possible in volatile times.

SPX roll

#SPX 1-dte . Buying to close $SPX Nov 29th 3165/3185 call spreads for .80. Condors sold for .85 this morning, so (hopefully) the .05 profit will cover commissions. If it doesn’t fill, I will have to up my bid.

#ReverseRoll Sold to Open Nov 29th 3135/3115 put spreads for .60.


SPX ITM puts closed

#SPX1dte I got punched around pretty bad in March with a couple of 1-dte breaches and failed attempts at rolling. This reverse roll was the worst; had I left the call spread it would have ben fine. Thank God for strong months like February to eclipse small losing months like March.

BTC $SPX March 29th 2820/2800 put spreads for 8.50. Sold for 4.80 on March 19th as a #ReverseRoll.


SPX surging

#SPX1dte BTC $SPX March 22nd 2825/2850 call spreads for 10.50. Condors sold for 6.00 on Monday. Had no choice but to close in face of renewed upside warning and strong rally. I’m letting the 2720/2700 put side decay some more, and also added a Partial #ReverseRoll:

Sold SPX March 22nd 2780/2755 put spreads for 3.45.

Now in the hole and will have to choose when to sell a new call spread. Also may need to close today’s 1-dte with short at 2825. Hard to believe it could reach that but after Monday’s 40-point rise we can’t be sure.

SPX trades

#SPXcampaign Sold to Open $SPX June 29th 2610/2585 put spreads for 1.55.

Stopped SPX June 15th 2735/2760 call spreads for 11.45. Sold as a #ReverseRoll for 4.40 on Tuesday.
Looking to roll into a condor.


SPX puts closed

#SPXcampaign Don’t want to leave this risk out there with VIX moving higher.
Closed $SPX June 1st 2675/2650 put spreads for .70. Sold for 4.40 on May 10th as a #ReverseRoll.

SPX calls sold

#SPXcampaign Sold $SPX June 8th 2750/2775 for 3.25, as a #ReverseRoll
Sold $SPX June 29th 2800/2825 call spreads for 1.80.

SPX trades

#SPXcampaign STOPPED: $SPX June 22nd 2620/2595 put spreads for 4.10. Sold for 1.70 on Thursday.
Closed on GTC order: SPX June 14th 2810/2835 call spreads for .20. Sold for 1.80 on May 15th.

I will probably be stopping a couple more put spreads before the close, especially if no rally develops soon.


SPX trades

Closed $SPX May 25th 2700/2675 put spreads for .45. Sold as a #ReverseRoll for 7.60 on May 10th.
Sold $SPX June 22nd 2620/2595 put spreads for 1.70.
Sold $SPX June 15th 2700/2675 put spreads for 5.25.

SPX trades

Stopped: $SPX May 18th 2725/2750 call spreads for 7.85. Sold for 3.65 as a roll on Monday.
Stopped: $SPX May 31st 2765/2790 call spreads for 4.85. Sold for 1.60 last Friday

#ReverseRoll: Sold June 1st 2675/2650 put spreads for 4.40.

Closed June 1st 2435/2410 put spreads for .20. Sold in a #CondorRoll for 2.90 on last Thursday.

That leaves only one short call spread that is almost at its stop level.