SPX Credit Spread Trader

I see a 1295/1325 channel. I see 1325 going from resistence to support.

A few questions on open positions I hold today:

Would I open that as a new position today?

Would I prefer to be long or short that position? (If I were long/short, would I be worried.)

Finally, do I feel comfortable stepping in front of a bulldozer to pick up a dime/dollar?

 

Hello
I am A newbie Follow every day

 

You are clearly not connecting the dots. We'll try not to jump on you for being a newb.

 

LMAO. Wonder who it could be. Someone has too much time on their hands

 

Beautiful channel. My position is at the bottom of that channel

 

The market is so dead, Thought it might be funny.

 

Actually I rode that channel a few times, going long at the bottom and then watching it on top.... I tried to stay in the position as long as I could before the breakout and then simply covered and looked for an entry later on when I was refreshed..

 

Hey Coach
Very nice analysis

 

Now I know why Donna is avoiding us...

 

Jun 1380/1360 call
1230/1260 put credit spread in SP.

Market looking bullish, so considering move the 1260 to 1280 put before Wed.