The trade executed for 0.25 credit. We are adding a call spread to our trade, but it is now pending. We are asking for 0.25 credit and we will not lower the price. If the trade doesn’t execute, we will let it go:   Order Summary Sell to Open 1 SPX 08/01/2025 Call 6540 Buy Continue reading →

The futures are rallying again on Trump’s fictional deals and TACO postponements. The market participants are no longer paying attention to him. But that doesn’t mean we are safe, not at all, the markets are melting up and they are poised for some continuation. Unless something happens, we might be continuing up. So, we are Continue reading →

The markets were struggling… at least that was 3 days ago. Bu then we broke up and the markets rallied and this trade was in danger of getting in the money. As you can see, at one point, the closing price of the entire Iron Condor spiked to 2.45 debit – very close to our Continue reading →

This trade expired safely as the markets rallied. The creepy meltup continues. ORIGINAL TRADE – FOR REFERENCE ONLY:   Monday… we are opening a new put spread. The markets seem to be rallying again. People think it is a false rally and markets are ready to crash soon. I am surprised myself, given what idiotic Continue reading →

June 2025 Challenge account monthly risk digest is ready:              

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 Continue reading →

The market seems to be showing weakness, the volatility is rising, and we think that the market might show weakness this week, which would be completely normal after last week’s rally. We have an open put spread, and we will place this trade for tomorrow morning and add a call spread, converting it to an Continue reading →

Today we are opening a new SPX put credit spread expiring July 11, 2025 (4 DTE), collecting a $0.50 credit. The trade was placed after a strong market rally on low volume, with the SPX now stretched more than 2.5% above its 20-day MA and the VTS (volatility) at an extreme low of 27.05%, signaling potential Continue reading →

We are closing this trade for a profit. We have opened the trade paying 1.75 debit ($175) and today we are selling the Calendar for 2.15 credit ($215). This gives us a $40 profit in 11 days. The profit is before fees.   ORIGINAL TRADE:   We are currently in a very low volatility environment Continue reading →

We are selling a new put spread. We think the market will be slowly crunching up. On Friday, we have 4th of July holiday and there are not too many events happening, so this will be a melt-up on low volume or just a sideways move (unless Trump opens his ass-loaded mouth and does something Continue reading →