There was selling pressure on Wall Street for the entire session. The S&P500 logged another loss, making it 4 in a row. We saw this as a great opportunity for a bearish vertical spread in the morning. The index drifted lower as the session wore on, closing with a loss of 78 points. This was perfect for our spread and gave us a stress-free gain of 3.1% on the day! Have a wonderful weekend!