SPX Weak Bearish Bias → 6440P Caution TradeS&P 500SP:SPXquantsignals # 🏦 SPX Weekly Options Analysis – 8/18 📉 **Market Context** * Mixed signals across metrics → weak bearish bias * Price below VWAP → potential short-term downside * Volume insufficient → low conviction * Call/Put ratio neutral → no strong directional bias --- ## 🎯 Trade Setup (Cautious Put) * **Instrument**: SPX * **Direction**: PUT (SHORT) * **Strike**: 6440 * **Expiry**: 2025-08-18 * **Entry Price**: \$0.60 * **Profit Target**: \$1.20 * **Stop Loss**: \$0.30 * **Size**: 1 contract * **Confidence**: 60% * **Entry Timing**: Market Close --- ## 📈 Breakeven @ Expiry 👉 6439.40 (Strike – Premium) SPX must **close < 6439.40 by market close** to profit at expiry. --- ## 🧠 Key Risks * Mixed signals → potential whipsaw ⚡ * Market structure unclear → downside not guaranteed * Theta decay risk → short-term option, fast time decay --- # ⚡ SPX 6440P SHORT PLAY ⚡ 🎯 In: \$0.60 → Out: \$1.20 🛑 Stop: \$0.30 📅 Exp: 8/18 📈 Bias: Weak Bearish, trade cautiously 🐻 --- 📊 **TRADE DETAILS JSON** ```json { "instrument": "SPX", "direction": "put", "strike": 6440.0, "expiry": "2025-08-18", "confidence": 0.60, "profit_target": 1.20, "stop_loss": 0.30, "size": 1, "entry_price": 0.60, "entry_timing": "close", "signal_publish_time": "2025-08-18 15:02:25 UTC-04:00" }