Quick 2 DTE Call Spread - Bearish short term play on SPX

4 Mar

Call spread to play on the bearishness of the market atm.
Choosing just a 2 DTE as do not want to be in this position by Friday.
Expires Mar 6th.

5 Mar

Not

Update, price action getting close to my Sell Call, should have closed position for some profit yesterday, but having to hold into the 6th now.

Red circle is when price really threatened the position, and the Yellow circle is where I should have closed the position.

6 Mar

İşlem elle kapatılmış

Closed early for profit today: 6.97% instead of 16.67%

Still was winning on this trade and trade expires today, but in green so taking profit now.