Wall Street had some deep losses early in the session today as the S&P500 was lower by more than 70 points. We opened a bear call spread after it seemed to have topped out in the morning bounce. The S&P500 did close higher, with a gain of 5 points, by the end of the session. Our short strike was far enough away and expired for a profit of 3.1%! Enjoy the rest of your week!