$SPX - Short Term Bearish to $4440

I share this idea on the date of 12th August 2023 (A Weekend)

Level: Experienced Options Trader

SPX - Bearish until $4440

Existing Delta Prints: Buying @ $4440 - $477.961m Delta

Below $4400 the Delta is low & Bearish with low volume.

Stochastic RSI on 30min showing short term decline.

Trade Idea: Long at $4400 with tight SL. Below this and SPX has 400 points to move down.