SPX 0DTE | Monday May 3' 21
I have been trading a 0 day to expiration strategy on weekly SPX options, Monday, Wednesday & Friday. This was a trade from today. Going forward, I will be positing trades as they happen. Hit the like if you're interested.
$4,192 | SPX Opening Price
$25.21 | Expected Range (in orange)
đź’ˇ SPX May 03'21 4220/4225 Bear Call (in red)
$82.5 | Premium Received (per contract)
$960 | Buying Power Required (per contract)
88% | Probability of Profit (at entry)
10:30 AM | Time of Entry
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âś… If you found this idea useful, hit the like button, follow & share.
âś… Follow for swing ideas, trade setups and weekly 0DTE income trades.
âś… Don't hesitate to post comments, opinions and questions.
Happy Trading!
_________________________________________________
đź“Ś DISCLAIMER
Stocks, futures and options trading involves substantial risk and can result in losses greater than the original investment. None of the content published by cmacgowan constitutes a recommendation that any particular security, portfolio of securities, transaction or trading strategy is suitable for any specific person. All information is for educational purposes only.
$4,192 | SPX Opening Price
$25.21 | Expected Range (in orange)
đź’ˇ SPX May 03'21 4220/4225 Bear Call (in red)
$82.5 | Premium Received (per contract)
$960 | Buying Power Required (per contract)
88% | Probability of Profit (at entry)
10:30 AM | Time of Entry
_________________________________________________
âś… If you found this idea useful, hit the like button, follow & share.
âś… Follow for swing ideas, trade setups and weekly 0DTE income trades.
âś… Don't hesitate to post comments, opinions and questions.
Happy Trading!
_________________________________________________
đź“Ś DISCLAIMER
Stocks, futures and options trading involves substantial risk and can result in losses greater than the original investment. None of the content published by cmacgowan constitutes a recommendation that any particular security, portfolio of securities, transaction or trading strategy is suitable for any specific person. All information is for educational purposes only.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.