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July 31st US 500 Short 7200 Put (IG & IBKR)

TRADE STATUS: 🟢 Open

  • Strategy Type: July 31st Short US 500 7200 Put

  • Trade Duration: 8-Day Campaign

🕒 The Trade Timeline:

Below is the daily, step-by-step log of this campaign from initial entry to final execution. This log is updated every business day to provide full educational transparency for our community.

Stage 1: The Entry

  • Trade Date: July 23rd 2026

  • Logic: Selling insurance volatility to the market at key support.

  • Expiry: July 31st

  • Probability: 91%

  • Instrument, Strike Prices & Execution: Please select the correct strike for your instrument:

    • IG Index (US 500): Strike 7200
      ​Premium Received: 25.34
      Bet Size 13: (Total Premium $329)

    • IBKR (MES - Primary): Strike 7200
      ​Premium Received: $22.41(2 contracts per 10K account). Total Premium = ($22.41 *5)*2 = $224

    • IBKR Alternatives (XSP / SPY): Strike 720


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⚠️ Trade Size Rules

To maintain consistent risk management across all platforms, we use the following sizing for every €10,000 in account value:

  • IG Users: Bet size of $12 per point per €10K account (e.g., if your account is €20k, use bet size of $24). Because our account has risen in value our bet size is now 13.

  • IBKR (MES): Sell 2 contracts per $10K account (e.g., if your account is $20k, sell 4).

  • IBKR (XSP): Sell 1 contract per $10K account (e.g., if your account is $20k, sell 2 contract).

Note on Scaling: If your account size is larger than €10,000, please adjust your bet size or contract count proportionally (e.g., a €50k account would be 5x these numbers).

Stage 2: Live Trade Updates

(Daily commentary on market moves, VIX levels, and current buffer)

  • July 25th: US 500 (IG) position up 1.2%, MES (IBKR) position up 0.84%. The index gave away some of the Friday gains to finish flat. No action to be taken here.

  • July 24th (4 pm): Position now up 1.7% in 1 day!. In this video i outline the reasons why the trade was so successful.
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  • July 24th: The trade has moved into profit and is currently up roughly +0.55% on IG and 0.54% on the IBKR version of the trade. ℹ️ Action Required: None — there is nothing to do with the trade for now. This is a great real-world example of time decay and volatility decay working in our favour.

  • July 23rd: Opening trade.
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