$SPX Trading Bible

$SPX Trading Bible

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$SPX Trading Bible
$SPX Trading Bible
Week of December 2

Week of December 2

Wobble coming?

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Frank
Dec 02, 2024
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$SPX Trading Bible
$SPX Trading Bible
Week of December 2
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Recap of last week

SPX closed at all time highs last week, and we are still unwinding our massive long position built before the election. The latest price for these spreads are 8.60.

We also dabbled in some RTY futures on Monday for a quick 1% gain. In the new year we will be back on ES futures in a big way, in 4Q because of holding such a large call position because of the election we haven’t been using futures as much because we already have max delta on.

SPX is now up 8 of the last 9 days. Can this go on forever?

Next move for markets

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