Daily Options Scenario #3
SPXPlay · Daily · 2026-07-14
One real SPX session from the trainer’s five-year history, dates masked. Below: the last 50 daily candles into the entry, the volatility and trend read at the close, and the four defined-risk verticals that were actually priced there (1 contract, ×100 multiplier, historical option quotes) — all expiring in 1 DTE. Pick your play, then reveal what the tape did.
SPX · last 50 sessions · dates masked · entry 5,158.98
Your five choices
| Choice | Strikes | Entry | Max profit | Max loss | Breakeven |
|---|---|---|---|---|---|
| Bull put credit spread | 5,105 / 5,075 | +$360.00 credit | $360.00 | $2,640.00 | above 5,101.4 |
| Bear call credit spread | 5,215 / 5,245 | +$367.50 credit | $367.50 | $2,632.50 | below 5,218.7 |
| Bull call debit spread | 5,215 / 5,160 | −$2,097.50 debit | $3,402.50 | $2,097.50 | above 5,181.0 |
| Bear put debit spread | 5,100 / 5,155 | −$1,467.50 debit | $4,032.50 | $1,467.50 | below 5,140.3 |
| No trade — stand aside | — | — | — | — | — |
Tap a row to lock in your play — it gets scored against the whole board.
Reveal what happened
Reveal: the sessions after entry
Over the next 1 session SPX fell 0.69% from 5159 to settle at 5123.41. VIX went from 15.8 to 17.3. Neither credit short strike (5105P / 5215C) was touched.
| Choice | Result | P&L |
|---|---|---|
| Bull put credit spread | WIN | +$358.70 |
| Bear call credit spread | WIN | +$366.20 |
| Bull call debit spread | LOSS | −$2,098.80 |
| Bear put debit spread | WIN | +$1,690.20 |
| No trade — stand aside | stood aside | $0.00 |
- put_credit REDUCED (+0.50): gamma regime unknown (GEX unavailable); range tape still pays theta; calm VIX: thin premium but stable
- call_credit AVOID (-1.00): disabled by default in the GEX live policy (call credits lost -$2,245 on 30d)
Keep playing
Playbook Trainer is an educational game built on historical market data. Nothing on this page is investment advice or a recommendation to trade. Options involve substantial risk; defined-risk spreads can lose their full maximum loss. Scenario dates are masked, and prices reflect historical option quotes with simplified fills.