Daily Options Scenario #6
SPXPlay · Daily · 2026-07-17
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 2 DTE. Pick your play, then reveal what the tape did.
SPX · last 50 sessions · dates masked · entry 4,550.02
Your five choices
| Choice | Strikes | Entry | Max profit | Max loss | Breakeven |
|---|---|---|---|---|---|
| Bull put credit spread | 4,500 / 4,475 | +$38.75 credit | $38.75 | $2,461.25 | above 4,499.6 |
| Bear call credit spread | 4,600 / 4,615 | +$58.75 credit | $58.75 | $1,441.25 | below 4,600.6 |
| Bull call debit spread | 4,605 / 4,555 | −$1,190.00 debit | $3,810.00 | $1,190.00 | above 4,566.9 |
| Bear put debit spread | 4,500 / 4,550 | −$867.50 debit | $4,132.50 | $867.50 | below 4,541.3 |
| 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 rose 0.20% from 4550 to settle at 4559.34. VIX went from 13.3 to 12.5. Neither credit short strike (4500P / 4600C) was touched.
| Choice | Result | P&L |
|---|---|---|
| Bull put credit spread | WIN | +$37.45 |
| Bear call credit spread | WIN | +$57.45 |
| Bull call debit spread | LOSS | −$757.30 |
| Bear put debit spread | LOSS | −$868.80 |
| No trade — stand aside | stood aside | $0.00 |
- put_credit OK (+1.00): gamma regime unknown (GEX unavailable); trend UP (5d +1.1%); calm VIX: thin premium but stable
- call_debit AVOID (-1.00): gamma regime unknown: pin-decay risk unpriced (GEX unavailable)
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.