SPX March Credit Spread - I do not recommend selling the -1815/+1805 Put spread at this time.

Timing of my entry this morning was not the best for the new weekly trade. The market has dropped by another 6 points from the time I entered. The delta of the short 1815 put is now -.17, so I would not enter at this strike.

The 1810 short put has a delta of -.15, so that would be a better choice for those entering today, as long as the credit of $.75 is available.

Also, there is nothing wrong with waiting until Friday to enter; remember that "Infinite Patience yields Immediate Results."

I will post a trade update on the open position as appropriate.

Dot Hazlin