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Selling credit Spreads today was wild!
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Author shares a highly volatile but profitable day trading full-port SPX credit spreads, deciding to cash out 90% due to extreme stress.
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I'm selling SPX credit spreads at full port. I began the day at $16,196, the first low is $8,860, next high is $44,580 and midday low from that stupid drop is $15,650. I kept closing and opening newer spreads out of the money. Nervous as hell and stressed all day. I'm lucky to get out alive and will probably cash out 90% of it and just play smaller.
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