I spent the day rolling all SPX short calls to at least 4310. If that gets touched before May expiration I'll roll up in the same month and double down number of contracts... probably somewhere around 4500 strike...which I personally will feel like is easy money. I end up making the most income when squeezed and forced to defend positions. 

    Digi

    Posted by steve on 6th of Apr 2023 at 03:39 pm

    $SPX- the large JP Morgan collar trade is up, selling the June 30th (Q) $4750 calls and buying the $4340/$3660 put spread, 44,000X.

    DigiNomad, keep us updated please

    Posted by junkie on 6th of Apr 2023 at 03:06 pm

    DigiNomad, keep us updated please on that trade. Good luck!

    I am following the put/call ratio $CPC  on entering a short position. I am awaiting raving bullishness near 0.8 before engaging.

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