The setup played out clean. Market opened highe, retrace at midday, and found support right at my 675 strike. SPY bounced hard from there and closed strong — CSP expired worthless, just how I like it.
Over a month ago, the U.S. government shutdown kicked in, and plenty said history shows markets tend to rally through it. They weren’t wrong — the market’s been grinding higher ever since. Yesterday’s surge came as headlines hit that the shutdown would finally end. This market doesn’t need much — it finds any excuse to stay bullish.
Still sticking to the plan: sell premium on weakness, let time decay pay me while the market keeps doing its thing.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 0.00 | +100.00% Closed |
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- Merle Ted·2025-11-12TOPSPY 700 break soon!!!!!, $2000 tafiff trump stimulus like COvid ...V shape reboud extension , NOVEMBER 800 is coming to SPY....led by HD, CRM, COST and METALikeReport
- Juliaaa11·2025-11-11Sweet as, mate! Time decay's our best cobber [龇牙]LikeReport
- DeltaDrift·2025-11-11Nice, comprehensive analysis[OK][OK]1Report
- Mortimer Arthur·2025-11-12There is a reason Bury bought long dated puts. Probability of success is almost 90% at this price levels.LikeReport
