Short

Credit call spread on SPY

Updated

Info on the chart

Note

Bad trades do happen, and there's nothing to worry about as long you keep your risk management on check. Good data may be a leading indicator now, but we're not sure how the whole economy looks like for real, and, the stock market is at levels that are not very comfortable to most investors. Once the hype goes down, we should see some fading on this movement. I am keeping the position with no adjustments.

Note

36% probability to get ITM right now. (64% edge)

Trade closed: stop reached

Closed at strike break-even, -20bps on position.

Ice_

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