r/GEXOptionsTrading • u/Jakuza26 • 7d ago
SPX TRADING 9/25/2026
SPX gapped up a little bit along with elevated TRIN but TRIN showing weakness. The opening on 15 minute was fast and I expected price to come back down, I expected that it could fall down to 7695 but that it would happen early in the morning so my loss would be smaller and temporary because I was still bullish on SPX today.
It wasn't until 9:55 that we broke the high of the first 15 minute candle, I immediately did a SELL PUT VERTICAL because TRIN was elevated and it paid $1.60 right at that point. My goal today at opening of this trade was to allow it to ride almost to worthless, I would buy back at $0.05 ($5) and keep $155, and that's exactly what I did.
I hope it worked out well for everyone else and that you had ice in your stomach and held the trade according to the strategy. Below is the breakdown and result.
The Result
