Hello Investors, The signal for the market is bearish (we expect to market to pull back to 4,020 this week unless it changes to a consolidation pattern). We will open a bear call spread with a shorter expiration than the typical 30 days. Sell SPX 10 wide bull put spread 30 DTE (We are shortening the DTE to 7 days) 45 delta (we are changing the Delta to 20) And here is the trade: Sold 1 SPX 08/09/22 Call 4195.00 @ 12.67 Bought 1 SPX 08/09/22 Call 4205.00 @ 10.52 Credit: 2.00 The trade was executed for 2.15 credit. Max risk: $785 Max Reward: $215 We will let the trade expire if possible. I am also testing using Twitter to send trade alerts. If you are interested, you can follow this handle to get trade alerts notifications on Twitter: @TradingZz If your handle is different from your subscription, you must let me know that you applied for the Twitter Alerts otherwise I will not be able to recognize you and won't admit you to the Twitter group. Have a great week! You can see all our trades in this spreadsheet. You can see all our archived emails here. Disclaimer We are also placing a GTC (good till canceled) buyback order for 75% of the credit. Unsubscribe | Manage your subscription ZZ Capital Management, LLC