Postmortem 6/12/2026
📊 **SPX SESSION POSTMORTEM — Friday, June 12, 2026**
**Overall Grade: A-**
**CLOSE**
> SPX 7431.37 (+37.32 / +0.50%) 🟢
> INDU 51,202.17 (+353.37)
> COMPX 25,888.84 (+79.18)
**TODAY’S ARC**
- 11:55am — SPX ~7423, “Day 3 of the bounce,” 7400 flipped to support
- 1:30pm — Called 7360–7474 to hold (~96% / ~87%)
- 3:05pm — Called 7406–7450 to hold (~93% / ~85%), flagged 7425 as the likely 0DTE pin
- 3:50pm — Called a drift back to 7425 (close ~7424–7428, 55%), with 7430–7435 overshoot as the secondary case (25%)
- 4:03pm — **Closed 7431.37** — inside both ranges, landed in the overshoot zone
**GRADES**
✅ 1:30pm range call (7360–7474): **A** — never seriously threatened
✅ 3pm/final-hour range call (7406–7450): **A-** — held, upper half of the band
🟡 Closing-minutes pin call: **B-** — right direction, undersized the ~7.6pt run past 7425
✅ Trade execution: **A** — every closed leg profitable
**TRADES (SPXW 6/12 puts)**
- 7440P — bought 2 @ 15.70 → sold 2 @ 16.90 (+1.20) = **+$240**
- 7430P — bought 2 @ 22.35 → sold 1 @ 23.00 (+0.65) = **+$65+**
- 7425P — bought 1 @ 25.10 → sold 1 @ 27.00 (+1.90) = **+$190**
**TAKEAWAY**
Clean, profitable day — both range calls held and every trade closed green. The one real lesson: when positive charm AND an accelerating VIX crush line up together into the close, that “double tailwind” can produce a bigger overshoot past the nearest gamma wall than a clean pin. Weight that scenario higher next time this setup repeats.
*Not financial advice.*