Daily Options Scenario #7
SPXPlay · Daily · 2026-07-18
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 4,343.64
Your five choices
| Choice | Strikes | Entry | Max profit | Max loss | Breakeven |
|---|---|---|---|---|---|
| Bull put credit spread | 4,270 / 4,250 | +$23.75 credit | $23.75 | $1,976.25 | above 4,269.8 |
| Bear call credit spread | 4,370 / 4,390 | +$246.25 credit | $246.25 | $1,753.75 | below 4,372.5 |
| Bull call debit spread | 4,395 / 4,350 | −$1,025.00 debit | $3,475.00 | $1,025.00 | above 4,360.2 |
| Bear put debit spread | 4,245 / 4,270 | −$36.25 debit | $2,463.75 | $36.25 | below 4,269.6 |
| 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 0.76% from 4344 to settle at 4376.86. VIX went from 14.2 to 13.4. The hold high of 4390 traded through the 4370 short call strike.
| Choice | Result | P&L |
|---|---|---|
| Bull put credit spread | WIN | +$22.45 |
| Bear call credit spread | LOSS | −$441.05 |
| Bull call debit spread | WIN | +$1,659.70 |
| Bear put debit spread | LOSS | −$37.55 |
| No trade — stand aside | stood aside | $0.00 |
- call_credit REDUCED (+0.00): downtrend supports short calls; disabled by default in the GEX live policy (call credits lost -$2,245 on 30d)
- put_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.