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midway /
npub1w55…xmcf
2024-07-25 19:39:35

midway on Nostr: Ok, so I'm going to bit conservative due to the market conditions and the FOMC next ...

Ok, so I'm going to bit conservative due to the market conditions and the FOMC next week. I put on a 2-lot 29-day SPX butterfly 65 up/70 down centered at 5450P. At this level of vol, I want to be short vega but I like the initial flat deltas. We'll see.

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npub1w55lvngpq74f38c3m2ftalc4l0ywuplqc8uptrjzklm7psgkt42qqexmcf