SPX Option

Investor summaryBullish

OP trades SPX options with small amounts, currently down, and wonders how a potential SpaceX IPO will affect the broader market.

Bull points

Expects SPX to bounce back before options expire in 6 days.

SPX

Post body

Hi, I’ve been taking advantage of intraday volatility of SPX options and repeatedly making trades with only $100-$200 per trade. I’ve only made around $1500 so far, but I opened this option this morning and it has been going downhill ever since. How does the stock market going to react to Space X IPO? Will the overall market sentiment be positive, I still have 6 days to wait for SPX to bounce back, so I’m not super worried.

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