MY Last 2023 Trade was a SPX Calendar PUT Spread 📅

٣ يناير ٢٠٢٤

MY Last 2023 Trade: SPX Calendar PUT Spread 📅

Trade Overview: Opened a calendar put spread on SPX for $1.65 debit at Dec27', expiring Jan 5'th due to low IVR (6) and high market hype.
Strategy Logic: Expecting minimal profit or loss even without directional correctness due to option decay. Aiming for profit near $4700 strike as volatility might increase.

Status: Positioned for a 3x profit; won't accept a loss due to recent gains.

- Symbol: SPX
- Side: Calendar Put Spread
- Strike: $4700

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ANYWAY: HIT THE 🚀 BUTTON ABOVE!

This trade is part of my 2024 challenge, where I aim to turn a 12k$ account above 30K$.

٣ يناير ٢٠٢٤

تم إغلاق الصفقة يدويًا

Trade closed today in $180 profit. [img][/img]