10/12/2026
Took $SPX puts today below 5160
$SPX had broken my 5 min trendline and held that 5160 support level where the morning gap had ended.
I was waiting for ES to clear 5200 and it’s vwap level for entry on $SPX. We ended up getting volume and selling pressure at 10AM on ES
I entered $SPX puts at 10:01 with exits at 10:06, 10:07 and 10:11 as my final exit!
Premium went from $17 to $19.40, $21.60 and $24.10 at final exit!