Reverse calendar spread

[beta]

I want to capture large movement of SPX this week.
I opened a reverse calendar strategy today as follows:

Buy 28th Jan $4775.00 Put3x100$54.20$-16260.00
Sell 4th Feb $4775.00 Put3x100$64.80$19440.00
Total$3180.00

Estimated returns​

As at 3rd Jan 2022 (SPX $4,796.59)
Entry credit: $3,180.00 net credit
Maximum risk: $6,957.00 (at SPX$4,775.00)
Maximum return: $3,213.00 (at SPX$4,456.10)
Max return on risk: 46.2% (648% ann.)
Breakevens at expiry: $4,841.70, 4,710.15
Probability of profit: 64.7%

 

[alpha]

I also interested in trading SPX or spy options.
I wonder what is the trading time of SPX options?
Is it 24 hrs?

 

[admin]

I also interested in trading SPX or spy options.
I wonder what is the trading time of SPX options?
Is it 24 hrs?

No 24hrs trading for option trading on spx.
All SPXW Weeklys and standard (3rd Friday/AM-settled) SPX options trade during global and regular trading hours.

Global trading hours are from 2:00 a.m. to 8:15 a.m. (Chicago time) on Monday through Friday.

Regular trading hours from 8:30 a.m. to 3:15 p.m. (Chicago time) on Monday through Friday.

 

[beta]

Because of little movement of SPX, position closed on last Friday with a little bit of profit.