Thanks to one of our readers for bringing to light an error in my last post regarding the position opened this morning.

The SPX Credit Spread opened this morning is for the August 2 cycle, which expires August 8. This was correctly stated in the header of the article, but August 1 was listed in error when outlining the strikes entered. I apologize for any confusion this may have caused, and appreciate being notified.

An update will be posted on this position over the weekend.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin