AUG 1, 2024 SPX -  Open 5537.84 / High  5566.16 / Lo 5410.42  / Close 5446.68

TODAY WAS A MASSIVE 150 POINT DROP!

AUG 1 - 5590 CALL - Expired

AUG 1 - 5485 PUT - MEGA MOBY DICK $1 OPENING WINNER  7,000% ROI - 70X!!

Here were all the strike charts to show you the magnitude and POWERFUL moves the SPX makes.

This was a massive one and you can bet your bottom dollar, this will happen again in 2024!!

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AUG 1 - 5440 CALL only got down to $1.00 at the end of the day which is outside the MAX Spend of $0.65 so no trade there even though it did produce a large gain.

When starting out with Super SPY-SPX EOD, I have had high success rates keeping my MAX spend at $0.65; however, as you gain profits, you could certainly elevate your max spends to capture more winning trades. After all, I do the opening SSX formula for $1 max spends too.

The ultimate goal for the EOD trades is to start at 12:30 PM PST and multi-strike plus layering price levels. That way, you greatly increase your odds of catching a larger move and build profits.