Sold 2 SPX and 2 XSP for 160 points below futures price and 2 SPX for 180 points above futures price. And the futures are triple-digits down…
I considered taking advantage of the massive premiums yesterday to get a double premium (since the market was closed yesterday), but decided to wait for two reasons:
1. Avoid IBKR’s exposure fees.
2. Avoid Trump’s decisions regarding Greenland overnight. Futures dropped another 60 points since then, so it might have been a good decision.