$SPDR S&P 500(SPY.US)

04/02/2026

Today's opening price is $646.420,

$SPY 260402 646 Call(SPY260402C646000.US) opened at $2.95,

$SPY 260402 647 Put(SPY260402P647000.US) opened at $2.78;

At the market open today, the Put/Call IV provided by the Longbridge Options Calculator were 23.70%/25.90% respectively,

at 12:23 they were 23.50%/23.70%;

The amplitude ranged from 0.36% at 09:41 to 2.00% at 12:27;

$SPY 260402 646 Call(SPY260402C646000.US)

The opening IV was higher than usual. Intraday trading continued to focus on the underlying stock today.

$Direxion Daily TSLA Bull 2X Shares(TSLL.US)

At 08:59, Tesla announced disappointing Q1 sales data,

and it kept falling until the open.

I think the intraday action might be narrow-range oscillation.

In the first five minutes after the open,

it remained in an Inside Bar state,

which can be described as "treading water."

$Alibaba(BABA.US)

After the open, its movement was also in an Inside Bar state.

Until 10:30, the difference between the high and low was less than $1.50.

$Walmart(WMT.US)

There was no clear trend, still range-bound oscillation.

$Pro Shrt Vix Shrt Future(SVXY.US)

moved in line with $SPDR S&P 500(SPY.US),

but I was concerned the amplitude wasn't large.

$GraniteShares 2x Long NVDA Daily ETF(NVDL.US)

09:39:21 $70.4400 => 09:40:37 $70.2000,SL$70.75,SHORT,

Opened a short at the end of the trend. The intraday trading target was determined too late.

09:46:34 $70.9700 => 09:48:28 $71.0550,SL$70.80,LONG,

The previous trade took profit very timely,

but I didn't open a long position in time at 09:43.

It didn't break below EMA 5, should have held.

09:53:41 $71.6800 => 09:56:21 $71.4350,SL$71.45,LONG,

Closed the previous trade too early. Bought high on this trade,

and worried about loss, so closed it too early again.

09:58:59 $72.1300 => 10:03:36 $71.8800,SL$71.85,LONG,

Still didn't break EMA 5, closed too early.

10:05:24 $71.9550 => 10:06:30 $72.3875,SL$72.25,SHORT,

Not breaking EMA 5, opening a short was unwise.

10:06:49 $72.5100 => 10:24:35 $72.7300,SL$72.35,LONG,

Bought at a high point, the holding process was agonizing.

The exit point can be considered ideal.

First, this was the intraday high,

the difference from the low exceeded $2.00,

a trend reversal was possible.

Second, the downtrend had lasted over five minutes,

it could have formed a real decline.

10:36:39 $73.9900 => 10:38:07 $73.7700,SL$73.75,LONG,

Bought five minutes after the news-driven uptrend initiation point,

high risk, should have taken profit promptly if any.

11:12:19 $74.7300 => 11:13:32 $74.6050,SL$74.55,LONG,

Intraday high, risk-reward for going long wasn't favorable.

Summary:

1️⃣ The logic for selecting intraday trading targets was correct and clear,

but due to fear of profit erosion, closed positions too early.

Should have re-entered promptly if it didn't break down.