This market has started to get a little too easy to read based off some morning signals, this is the 3rd time in 2 weeks I was able to turn some pretty small plays into very healthy gains on SPXW. This all while being net short with a large equity position on SPXS(which is the 3x bear ETF for the spy).
If you're not familiar with the SPXW it is basically trading options for the S&P directly, some brokers don't allow you to trade it like Robinhood, and others require you to put in '$spx' to locate it on their interface. If you think there is going to be a decent move on the spy that day 3-4 points or more, a $200 option on the SPXW can gain 5-7 times on a 4-5 point move.
I am still expecting a large pull back soon. That is why I am holding a large net short on spxs, but I will keep taking the easy to read bangers on the S&P all day long.