We tried to get into a SPX Condor on 7/31/18 but only got our PUT side filled. Which is fine. We ended up selling the 2620 (9/21/18) put and buying the 2595 (9/21/18) put. It was a 25 point spread about 52 days left. We were able to get a $1.25 credit on the spread […]
Tag: SPX
SPX – 9/9/16 Look Back trade
SPX – 09/09/2016 This was a bull put spread I entered after the market spiked down. The increased volatility gave me good premium so I took the trade. I was going to try and turn this into an iron condor by adding the calls but I never saw a good enough opportunity. I had such […]
SPX Credit Spread Look Back Trade
SPX – 07/08/2016 This trade was a credit spread scalp all attempted on 7/8 based on a momentum strategy. I thought the market would begin a move down that day and saw the opportunity for a quick profit. SPX did not cooperate and I ended up placing a hedge trade to protect my spread. With […]
SPX – What a Day
This certainly was not the worst day I have traded in the SPX, but it is one that took me by surprise. I was trading happily along around lunch time then …. BOOM! SPX just started to drop. I said, “OK”, there is plenty of room between the current price and some of my shorts. […]
SPX Iron Condor Look Back Trade
SPX – 4/24/17 Saw an opportunity on the Put side for a possible condor. I was able to get my Puts filled on 4/24, so I entered an order in on the Call side. I was fine with just a Put spread if I could not get a Condor going. This is a common way […]
SPX Iron Condor Look Back Trade
SPX – 6/23/16 I placed this Iron Condor the day before the Britain European Union exit vote. This could have been considered a high risk trade, except I legged into it. I sold my Calls on 6/23 and waited until 6/24 to sell my Puts. I was able to take advantage of the market panic […]
