Trump is throwing tariffs left and right, desperately hiding his incompetence and preserving his own existence in government, but no one is paying attention to him anymore. The world leaders do not care about Trump (as they shouldn’t). They know that he chickens out in the end and that it will be Americans paying the price for his stupidity.
But this is a perfect opportunity for us to take advantage of the initial dip in the market, as it will be bought again. Therefore, we are opening a new put spread this morning:
Order Summary
Sell to Open 1 SPX 07/18/2025 Put 6080
Buy to Open 1 SPX 07/18/2025 Put 6060
Limit GTC @ 0.70 Credit
The trade was executed this morning. We will attempt to let the trade expire worthless on Friday. We will only close it when the trade turns against us – either delta spikes >0.35 or the closing debit price will be 3x of the received credit.
TRADE STATUS – CLOSED – WINNER
Challenge Account (2025)
Net-Liq: $4,085.07
P/L YTD: $1,409.76
Credit/Debit Total: $362.25
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