Chased spy @364, mistake. Then wrote the Oct 365 calls took in $569. amateur move in my part. Gotta be more disciplined.
It was an amazing come back. I just don't understand what it is fundamentally based on? But I have noticed the markets seem to mirror the GBP move lately. Maybe that's it but it seems strange the US markets would come back because the Truss government might roll back tax cuts.
Just a rubber band snap IMO. So much pessimism. Now the news is out and fully digested. So the VIX backs off, market snaps back. Bought back my covered call, booked $200 gain
i don't care about news and what not. as a day trader...this morning 10/13/22...i saw a giant red ass candle stick on futes around 8:30 am est. there are 2 ways to play this. either spy would continue to go down during the open or fill the gap back up. i played the latter and got paid.