End of the Day Review:
We had a midday geo shock from President Trump and
$SPX immediately squeezed into our UT3 zone 7350. Many traders probably thought the move was over there, but I stayed bullish as long as 7350 held because the squeeze dynamics were still active.
Dealers still had to hedge into the move, which kept the upside pressure alive. I took 7370 calls, sat through a little sideways chop, and finally the breakout came. Scaled profits slowly and the runner alone added another $3K, making the trade 4884.
Overall $9.8K for the day.
Today was another reminder that elevated IV environments require patience, precision, and understanding dealer positioning not emotional chasing.
And somehow… Thursdays continue to be my best trading days.
$SPX #0DTE
I have not seen a red day in Months..