I was able to close the SPX trade we opened on May 31st early for a $11,779 profit. This was a 10.7% ROI in less than one week. The recent market sell off allowed us to gain the majority of the profits early and I have decided to take them. I believe we will see a small bounce here possibly back up to the 1645 area on the S&P 500 ( Possibly by Monday) and I would like to then enter a new Bear Call spread at that point.
The account is now up to $125,000.
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