We are opening a new SPX put spread this morning. This week the FED is supposed to cut the rates and the chance is the market may rally hard, though this news is probably baked into the price already. We will see.
Here is the trade:
Order Summary
Sell to Open 1 SPX 09/15/2025 Put 6430
Buy to Open 1 SPX 09/15/2025 Put 6420
Limit GTC @ 0.35 Credit
TRADE STATUS – CLOSED WINNER
Challenge Account (2025)
Net-Liq: $6,003.38
P/L YTD: $2,416.70
Credit/Debit Total: $348.34
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