After Friday’s kneejerk reaction thanks to our the imbecile who just arbitrarily, for no meaningful reason decided to ruin our economy (and now threatening a nuclear war on Russia because Medvedev said something nasty about our narcissist and our narcissist couldn’t take it), the markets are rallying. It appears as “buy the dip” is alive. But it can be dangerous. Today, we may have a dip buying and tomorrow a renewed slump. You never know what this clueless idiot will do.
Despite all this we are opening a new put spread but with narrower width. I am keeping call side open just in case:
Order Summary
Sell to Open 1 SPX 08/08/2025 Put 6100
Buy to Open 1 SPX 08/08/2025 Put 6090
Limit GTC @ 0.35 Credit
TRADE STATUS – CLOSED WINNER
Challenge Account (2025)
Net-Liq: $4,098.78
P/L YTD: $1,266.94
Credit/Debit Total: $25.98
Leave a Reply