Daily Options Scenario #8
SPXPlay · Daily · 2026-07-19
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 3 DTE. Pick your play, then reveal what the tape did.
SPX · last 50 sessions · dates masked · entry 6,620.17
Your five choices
| Choice | Strikes | Entry | Max profit | Max loss | Breakeven |
|---|---|---|---|---|---|
| Bull put credit spread | 6,550 / 6,515 | +$575.00 credit | $575.00 | $2,925.00 | above 6,544.2 |
| Bear call credit spread | 6,690 / 6,725 | +$932.50 credit | $932.50 | $2,567.50 | below 6,699.3 |
| Bull call debit spread | 6,695 / 6,625 | −$3,325.00 debit | $3,675.00 | $3,325.00 | above 6,658.2 |
| Bear put debit spread | 6,550 / 6,620 | −$1,955.00 debit | $5,045.00 | $1,955.00 | below 6,600.4 |
| 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 1.74% from 6620 to settle at 6735.13. VIX went from 25.3 to 18.2. The hold high of 6744 traded through the 6690 short call strike.
| Choice | Result | P&L |
|---|---|---|
| Bull put credit spread | WIN | +$573.70 |
| Bear call credit spread | LOSS | −$2,568.80 |
| Bull call debit spread | WIN | +$3,673.70 |
| Bear put debit spread | LOSS | −$1,956.30 |
| No trade — stand aside | stood aside | $0.00 |
- put_credit AVOID (-1.50): gamma regime unknown (GEX unavailable); trend UP (5d +1.0%); stressed vol: gap risk exceeds credit
- call_credit AVOID (-3.00): fighting an uptrend: GEX live book saw 9% win rate doing this; 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.