$SPDR S&P 500(SPY.US)

02/23/2026

Today's opening price is $687.830,

$SPY 260223 688 Put(SPY260223P688000.US) opened at $2.02,

$SPY 260223 687 Call(SPY260223C687000.US) opened at $2.42;

At today's open, the Put/Call IV provided by the Longbridge options calculator were 17.80%/18.00% respectively,

at 12:32 they were 16.50%/13.20%;

Volatility ranged from 0.36% at 09:42 to 1.40% at 12:35;

$SPY 260223 688 Put(SPY260223P688000.US)

09:40 $1.35 => 11:19 $6.75,

$SPDR S&P 500(SPY.US) rebounded a lot pre-market,

forming a double top at 09:34 and 09:38,

unable to break through, with no turnaround in tariff issues,

consider going short,

$Pro Ultr Cvix Shrt Futures(UVXY.US)

09:40 $38.350 => 11:09 $41.00,SL$38.10,LONG,

Actually saw this level, but unfortunately didn't open a position in time,

$Pro Shrt Vix Shrt Future(SVXY.US)

09:51:09 $52.8588 => 09:57:11 $52.6513,SL$52.65,LONG,

Should have opened a short position promptly after the stop-loss,

11:28:51 $52.0450 => 11:34:28 $52.0612,SL$51.95,LONG,

Betting on a bounce,

"After a big drop probably chop for a while",

Lack of upward momentum, exit first, see how it goes next,

$Walmart(WMT.US)

09:52 $123.570 => 10:27 $126.030,SL$123.23,LONG,

Often moves opposite to the overall market trend,

Summary:

The saying by 日進斗斗金 is very apt: "In day trading, set your stop-loss properly. How much you can make is given by the market, how much you lose is determined by yourself."