We caught both sides of the $S&P 500(.SPX)$ move today.
๐ At the open:
We took the 771 puts and captured 400%+ as the market moved lower.
๐ At the bottom:
Instead of staying stubbornly bearish, we flipped bullish with bull puts and calls as the levels shifted.
โ
400%+ on the puts
โ
Caught the reversal
โ
$18,150 realized on $SPX
๐ฏ No stubborn bias.
We followed the levels, adjusted when the setup changed, and traded both sides of the move.
The market doesnโt care about your bias. Price action does.
Markets are always moving - and sometimes, the best move is knowing what works for you.
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