As per usual I am watching SPX quite a bit here recently.
Yesterday I bought some SPXL on a move up and closed it today. Price action at the open was very strong and it may be difficult to see but I have "CALLS ABOVE 3948" so I have some lotto sized calls going into tomorrow. I also took this opportunity to get into some longer term short positions and will get full size if we see 3900-3920 tomorrow.
Ultimately, 3948-3950 is a key level. Below that is 3838 which I have been watching for literally months.
Watch the bap fill at around 3870, then a push into that 3900 level tomorrow.
Trade closed: target reached
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Took longer than expected and lots of chop ensued but we hit 3900 as expected
@Dr_JJA we will see. I did layer into February puts today a little bit in case I'm wrong but have 385 and 387 lotto calls tomorrow Exp in case it rallies