Vertical Spreads for Aggressive Growth

Market is starting to look nice for some SPX bear calls. I'll be stepping out of the office so if I get filled I won't be able to update real time, but hopefully I'll get back shortly.
 
Quote from Cache Landing:

Doesn't look like I'm gonna get the fill that I wanted today. Maybe tomorrow.
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What spread and credit were you looking at? My 1295/1300 SPX is bouncing around breakeven right now with this being an up day.
 
Quote from ryank:

I forgot you were looking at Sep, mine is for Aug. I'm holding tight for now.
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I think you'll be ok. Personal opinion is that the market will try to rally into the fed meeting, but the the news will disappoint. I haven't seen any indication that the fed should pause yet. If anything the most recent data merely enforces the idea that they should maintain the tightening shedule. Any pause at this point will be counterproductive and will just make the market drop even further when they have to start raising rates again in SEP.
 
Quote from Crucis:

Pray towards Chicago and sacrifice a chicken---at midnight---when the moon's full---on alternating Tuesdays.
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LOL, but it's thursday. Do I really have to wait that long?

Seriously, I'm gonna leave my order on the table and if there aren't any takers today, then I'm gonna leg in tomorrow morning.
 
I've had a number of successes when I make an order as GTC and let it runover to the next day. That's worked fairly well this summer.

Cru
 
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