SPX 7-dte

#SPX1dte Sold $SPX Sept 18th 2885/2910-3045/3070 condors for 2.65, IV 12.53%, SPX 2991. Replaces the 7-dte I closed this morning. My approach on these is to sell one, with sort deltas at .10, on any day that I cannot sell a 1-dte. So normally, Mondays and Wednesdays. I stop if SPX comes within half of the expected move. So, on this one, expected move is 43.00, so I would stop if we got within 21.50 of either short strike. But that expected move will drop each day.

SPX 7-dte closed

#SPX1dte BTC $SPX Sept 13th 2870/2895-3035/3060 condors for .45. Sold Friday for 2.45.

SPX roll

#SPX1dte. Since the S&P popped much higher at the close, I had to roll tomorrow’s spread.

BTC $SPX Sept 11th 2990/3010 call spreads for 1.65. Sold for 1.10 90 minutes earlier.
STO $SPX Sept 11th 2920/2940-3005/3025 condors for .675 (avg price).

So if it expires, my total credit will be +0.125. Bummer.

SPX 1-dte

#SPX1dte Sold $SPX Sept 11th 2905/2925-2990/3010 condors for 1.10, IV: 10.83%, SPX 2963

SPX 7-dte

#SPX1dte Sold to Open $SPX Sept 16th 2875/2900-3025/3050 for 2.25.

Expiring: Sept 9th, 2925/2945-3010/3025 condors, sold Friday for .85

SPX 1-dte

#SPX1dte Sold to Open $SPX Sept 9th 2925/2945-3010/3025 condors for .85, IV 7.14%, SPX 2981.

Volatility really drains quickly after we pass 3pm ET. I looked at this only 30 minutes earlier and it was going for 1.10.

SPX 7-dte

#SPX1dte Sold to open $SPX Sep 13th 2870/2895-3035/3060 condors for 2.45, IV 12.52%, SPX 2979.