Okay, so this weekend I'm reviewing my SPY credit spread and despite the fact that it is overdue for a sell-off, the trade is moving toward a loss. So I put in an order to cover, to be reviewed before the open Monday. Did I do that? NO. It closes at the open, just when things were starting to move my way ... and the spread was still in the money. -23.9%. Uggh.
At least the other credit spreads at risk, VXX and XRT, moved my way. Not counting AAPL of course, which is still seeking a support level.
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