#SPX1dte Missed my chance yesterday but trying with an aggressive stance today:

Sold $SPX Aug 9th 2950/2975 call spreads for 10.30. Looking for a sharp move down today, or coming days. I will not be waiting for expiration, and will take profits when it looks like we’re due for a bounce.

#SPX1dte Bought to close $SPX Aug 2nd 2880/2860 put spread for .30. Condors sold yesterday for .95.
Not waiting for puts to expire in this environment. The 3010/3030 call side should expire, though.

#SPX1dte Sold to Open $SPX Aug 2nd 2870/2890-3010/3030 condors for .95, IV: 18.99%, SPX 2958.

#SPX1dte I’m grateful that being at this for 8 years prevents me from panicking. These spreads had me in the hole many thousands of dollars at the lows.

I closed Friday’s put spread as the stop was most definitely breached today… heck, the short strike was breached.
BTC $SPX Aug 2nd 2960/2935 for 4.85. Condors sold for 2.60 on Monday.

Expiring: July 31st 2945/2965-3050/3070 condors, sold yesterday for 1.20.
Expiring: July 31st 2910/2935-3055/3080 condors, sold for 3.00 last Wednesday.

This leaves me flat on SPX tonight.

#SPX1dte Sold $SPX July 31st 2945/2965-3050/3070 condors for 1.20. IV 14.64%, SPX 3013.

Juicy premium due to the Fed announcement. I think everyone knows what the decision will be, but no one knows what it will do to the market once they confirm it. My guess is: not much. But I’ll be prepared if I’m wrong.

#SPX1dte Sold $SPX Aug 2nd 2935/2960-3070/3095 condors for 2.60.

Risky as this is a big week for news and earnings, but .11/.09 short deltas make me comfortable.

Expiring today: 2985/2995-3050/3060 condors, double-size position sold Friday for .45

#SPX1dte Volatility is low in this rally, so again going 10-wide, double-size. I wanted to sell earlier but felt it could go another leg higher, and it did.

Sold $SPX July 29th 2985/2995-3050/3060 condors for .40. IV 5.63%, SPX 3026.

Expiring by the skin of my teeth: July 26th 2960/2970-3030/3040, sold for .45 yesterday.

#SPX1dte Sold to Open $SPX 2960/2970-3030/3040 condors for .45… 10-wide, double size position. IV 9.05%, SPX 3006

#SPX1dte expiring today:
$SPX July 24th 2955/2975-3025/3045 condors, sold yesterday for .70
$SPX July 24th 2920/2945-3040/3065 condors, sold for 2.85 last Wednesday.

#SPX1dte BTC $SPX July 26th 3020/3045 call spreads for 3.65. My stop point of half the expected move was breached, so I’m out. This condor was sold Monday for 2.80.

#SPX1dte Sold $SPX July 24th 2955/2975-3025/3045 condors for .70, IV 7.48%, SPX 3003.

#SPX1dte Sold to Open $SPX July 26th 2905/2930-3020/3045 condors for 2.80.

#SPX1dte Sold $SPX July 22nd 2920/2940-3010/3030 for .85, IV 7.53%, SPX 2984

Expiring today: July 19th 2940/2960-3015/3035 condors, sold yesterday for .85

#SPX1dte Sold to open $SPX Jul 19th 2940/2960-3015/3035 condors for .85.

The short put is the same one I just closed earlier, on the longer term spread. Oh, well.

#SPX1dte Bought to close $SPX July 19th 2960/2935 put spreads for .40. Sold for 5.50 on July 8th.
This sucker was up near 3.00 this morning. Got no reason to push my luck for one more day.

#SPX1dte Expiring: $SPX 2965/2975-3025/3035 condors, double-sized position sold yesterday for .45.

I skipped monthly expiration 1-dte due to low premium, the volatility spike, and Friday morning settlement.

#SPX1dte Sold $SPX July 24 2920/2945-3040/3065 condors for 2.85.

#SPX1dte STC $SPX July 19th 3025/3040 long call spreads for 1.30. Bought for 1.80 on the 9th. Small loss, but fortunately all the short spreads are killing it.

#SPX1dte Premium is low so I went 10-wide, double size:

Sold $SPX 2965/2975-3025/3035 condors for .45, IV 7.57%, SPX 3005

#SPX1dte BTC $SPX July 18th (monthlies) 2935/2960-3040/3065 condors for .90. Sold yesterday for 2.45.

#SPX1dte Expiring today, $SPX July 15th 2960/2980/3030/3050, sold Friday for .85

#SPX1dte Sold $SPX July 18th 2935/2960-3040/3065 condors for 2.45

#SPX1dte Bought to close $SPX July 24th 2990/2965 put spreads for 4.05. Sold yesterday for 7.70. Couldn’t let such a nice 1-day profit ride.

#SPX1dte Sold $SPX July 15th 2960/2980-3030/3050 condors for .85, IV 5.72%, SPX 3008

#SPX1dte Isn’t enough premium in calls, so I only sold a put spread for tomorrow, and couldn’t get filled until after the bell, as it just kept moving higher after I sold the July 24th spread.

Sold $SPX July 12th 2980/2960 put spreads for .70. IV 7.98%, SPX close at 2999.

#SPX1dte Sold $SPX July 24th 2990/2965 put spreads for 7.60. ATM aggressive spread to take advantage of the Upside Warning. Probably will close this with 50% of max. I honestly meant to sell NEXT Wednesday’s (17th), but mixed up the weeks. I’d rather an ATM spread have a shorter life.

Missed my chances to close my LONG July 12th 3025/3035 call spreads; yesterday’s highs would have been about breakeven (bought for 1.80). Still holding the 3025/3040 longs for July 19th, as well as two short puts spreads that are doing well.

#SPX1dte Stopped $SPX July 10th 3005/3020 call spreads for 3.05. Condors sold yesterday for .70. The weakness made me doubt the UpW warning again… shouldn’t have sold this call side with both the upside move threatening and Powell testimony today.

#SPX1dte Sold $SPX June 10th 2920/2940/3005/3020 condors for .70, IV 9.61%, SPX 2975.

Gotta be careful tomorrow during Powell’s testimony.

#SPX1dte Expired: $SPX July 8th 2935/2955-3010/3025 condors, sold Friday for .95

#SPX1dte Sold $SPX July 8th 2935/2955-3010/3025 condors for .95. IV: 6.06%, SPX 2988.

#SPX1dte Since the day ended with a spike higher, and the we have the first $VIX close below the 78.6 Fib line, we could see a “quiet” low volume rally tomorrow, and my double-sized condor is not worth the risk, being only 17 points away from today’s close.

Closed $SPX July 3rd 2990/3010 call spreads for .65. Condors sold for .45 an hour ago. I’ll keep the downside put risk on.

#SPX1dte Sold to Open $SPX Jul 3rd 2910/2930-2990/3010 condors for .45. I meant to go for 10-wide, double size, but mistakenly went my normal 20-size, double size. So double the risk than usual, but looking for a quiet holiday anyway.

#SPX1dte BTC $SPX July 5th 3000/3025 call spreads for .90. Sold condor for 3.90 last Wednesday. I’ll let the puts expire.

Also, expiring today: July 1st 2825/2845-3000/3025 condors, sold Friday for 1.35.

#SPX1dte Taking exception to my normal rules and selling Monday’s 1-dte in the morning…. I don’t expect much movement today, and using the morning volatility and additional theta value to get good premium and a wide condor for Monday, which could see a strong move with news from China talks.

Sold $SPX July 1st 2825/2845-3000/3025 condors for 1.35, IV 16.2%, SPX 2934.

#SPX1dte Sold Thursday: $SPX Jun 28th 2870/2890-2955/2975 condors for 1.00. IV: 10.66%, SPX 2928

#SPX1dte Sold $SPX July 5th 2800/2825-3000/3025 condors for 3.90. IV: 16.22%, SPX 2923

#SPX1dte I closed my short June 26th 2875 puts for .05. When I woke up I was worried about the call side. Now I’m just being safe because I don’t trust this market to the downside.

#SPX1dte Sold $SPX Jun 26th 2865/2875-2945/2955 condors for .55. Due to lower premium I am trying a different approach: wings that are only 10-wide and double the position size. Risk is theoretically the same… and it should be the same in practice too, as the spreads will be cheaper to exit when stops are hit since the closer-in long options will have more value.

IV: 10.79%, SPX 2916

#SPX1dte BTC $SPX June 26th 2900/2875 put spreads for .30. Condors sold Friday for 2.45; will let the 3000/3025 call side expire.

Also, expired yesterday: June 24th 2890/2910-2985/3000 condors, sold Friday for .65

#SPX1dte. Sold $SPX June 24th 2890/2910-2985/3000 condors for .65, IV 7.63%, SPX 2965. Another day of low premium as IV has plummeted.

Expiring, June 21st 2890/2910-2990/3010 condors, sold yesterday for .65

#SPX1dte Sold $SPX June 26th 2875/2900-3000/3025 condors for 2.45.

#SPX1dte Sold $SPX June 21st 2890/2910-2990/3010 condors for .65, IV 13%, SPX 2954.

#SPX1dte Stopped $SPX Jun 26th 2960/2985 calls spreads for 5.60. Condors sold for 3.00 on Monday.

#SPX1dte Closed $SPX June 20th (monthlys) 2970/2990 call spreads for 1.75. Condors sold yesterday for 1.00. Cannot allow this to sit overnight as settlement on monthlys is Friday morning’s open. I’ll let the put side expire then.

#SPX1dte Sold $SPX June 20th (monthly) 2845/2865-2970/2990 condors for 1.00, IV: 16.31%, SPX 2922.

#SPX1dte Closing call side on a couple condors before the FOMC report. I see the possibility of a strong rally if rates cut, but not a huge dive if they are not. Even so, I have a lot of room to downside in the put sides; call sides were tighter.

BTC $SPX june 19th 2965/2985 call spreads for .20. Condors sold yesterday for 1.00.
BTC June 20th (monthlys) 2960/2980 call spreads for 1.90. Condors sold for 2.50 on June 12th.

#SPX1dte Sold $SPX June 19th 2845/2865-2965/2985 condors for 1.00. IV: 15.24%, SPX 2920.

IV has spiked due to Fed announcement tomorrow. Manage risk and watch your positions for the 2pm ET release.

#SPX1dte Happy Summer Solstice Week, everyone!

Building back some of the hits I took on the screaming run higher:

Sold $SPX June 26th 2770/2795-2960/2985 condors for 3.00.
Smaller account i sold the 5-wide with same shorts for .75

#SPX1dte Sold $SPX June 17th 2830/2850-2915/2935 condors for .90. (IV 7.28%, SPX 2887)

Expiring today: June 14th 2825/2845-2915/2935 condors, sold yesterday for 1.00

#SPX1dte Sold to Open $SPX June 14th 2825/2845-2915/2935 condors for 1.00. (IV: 11.41%, SPX 2882)

#SPX1dte BTC $SPX June 14th 2815/2790 put spreads for .25. Sold for 2.50 on Friday.

Expired: June 12th 2825/2845/2920/2940, sold yesterday for .95.

#SPX1dte Sold $SPX June 12th 2825/2845-2920/2940 condors for .95. (IV 11.85%, SPX 2881)

#SPX1dte No trades today… but this expired:
$SPX June 10th 2805/2825-2920/2940 condors, sold Friday for 1.00.

#SPX1dte Sold to open $SPX June 10th 2805/2825-2920/2940 condors for 1.00. IV: 10.4%, SPX 2875.

Last Friday I sold the 2820/2800… but they were the CALL side.

#SPX1dte Closed the call spread I sold yesterday… bullish action not stopping. Still a couple points above the 13.67 VIX level that would cancel the Downside Warning. But given the action, I have to stop selling call spreads. Will look to try some put spreads on any minor pullback.

Stopped $SPX June 10th 2870/2895 call spreads for 5.25. Sold yesterday for 2.50.

Also watching June 14th 2890/2915 calls, which have a current stop point of 2867.

#SPX1dte Tempting fate, I know. Sold $SPX June 10th (Monday) 2870/2895 call spreads for 2.50.

#SPX1dte Too much bullish action not to sell something.

Sold $SPX June 14th 2890/2915 call spreads for 2.00, IV 14.39%, SPX 2826

#SPX1dte Euphoria has gripped the markets! Buy everything!

Took the morning pullback to close my 1-day trade and another one I should have closed yesterday.

BTC $SPX June 5th 2830 calls for 2.10. Will hold short 2840 long calls for more. Condors sold yesterday for .95.

BTC June 7th 2810/2835 call spreads for 11.40. Sold for 2.55 on Monday. Will take a few rolls to recoup this one.

#SPX1dte Replacing the call spread that closed this morning:
Sold $SPX June 7th 2810/2835 call spreads for 2.55.

#SPX1dte Closed at the open: $SPX Jun 3rd 2690/2670 put spreads for .10. Condors sold for 1.35 on Friday. I’ll let the 2890 call side expire.

Closed in the pre-market on GTC order: June 5th 2845/2870 call spreads for .25. Sold for 2.80 on Thursday.

#SPX1dte Sold to Open June 3rd $SPX 2670/2690-2800/2820 condors for 1.35. (IV 13.37%, SPX 2756)

#SPX1dte Somehow I plum forgot to put this on, so I did it after the bell.

Sold $SPX May 31st 2720/2740-2825/2845 condors for 1.10. (IV 14.3%, SPX 2788).

#SPX1dte Closing right at the bell on GTC order: $SPX May 31st 2885/2910 call spreads for .25. Sold on Friday for 2.75.

#SPX1dte sold $SPX May 29th 2750/2770-2850/2865 condors for 1.05 (IV 13.88%, SPX 2812.

Also, in smaller account sold 2765/2770-2850/2855 condors for .45.