Throwing this on here for anyone interested — been watching SPX and liked the setup for a PCS.
SPX 7510/7500 PCS | 1DTE (6/2)
• Entry: 1.05 or better
• Risk: \~$1k/spread (can do $500 if you want lighter exposure)
• Target: 50%+ | Stop: 2-3x credit
• Allocation: 8-10% of your account
Both strikes are parked below the 5-day MA and the 7500 level has been holding as solid support, so the positioning feels reasonable here.
Not financial advice, just sharing what I’m looking at. Do your own DD.