Daily Options Scenario #10
SPXPlay · Daily · 2026-07-21
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 4,209.13
Your five choices
| Choice | Strikes | Entry | Max profit | Max loss | Breakeven |
|---|---|---|---|---|---|
| Bull put credit spread | 4,165 / 4,140 | +$670.00 credit | $670.00 | $1,830.00 | above 4,158.3 |
| Bear call credit spread | 4,255 / 4,280 | +$727.50 credit | $727.50 | $1,772.50 | below 4,262.3 |
| Bull call debit spread | 4,255 / 4,210 | −$2,010.00 debit | $2,490.00 | $2,010.00 | above 4,230.1 |
| Bear put debit spread | 4,160 / 4,205 | −$1,670.00 debit | $2,830.00 | $1,670.00 | below 4,188.3 |
| 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 3.53% from 4209 to settle at 4357.86. VIX went from 31.8 to 26.7. The hold high of 4359 traded through the 4255 short call strike. FOMC rate decision landed during the hold.
| Choice | Result | P&L |
|---|---|---|
| Bull put credit spread | WIN | +$668.70 |
| Bear call credit spread | LOSS | −$1,773.80 |
| Bull call debit spread | WIN | +$2,488.70 |
| Bear put debit spread | LOSS | −$1,671.30 |
| No trade — stand aside | stood aside | $0.00 |
- 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)
- put_credit AVOID (-5.00): gamma regime unknown (GEX unavailable); trend UP (5d +0.9%); panic vol: stand down; 3-7 DTE entries hold over: FOMC rate decision
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.