SPX 0dte Income Trading - March 14’22 4270/4275 Bear Call SpreadSPX 0dte Income Trading - March 14’22 4270/4275 Bear Call Spread
💡 March 14’22 4270/4275 Bear Call Spread
$90 Premium Received (per contract)
89% Probability of Profit (at entry)
9:31 AM Time of Entry
Opening trade on a bear flag formation, finding support at 20 MA on the 1hour, MA sloping down, break of 4200 confirmation.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
Optionselling
SPX 0dte Income Trading - March 7’22 4225/4220 Bull Put SpreadSPX 0dte Income Trading - March 7’22 4225/4220 Bull Put Spread
💡 March 7’22 4225/4220 Bull Put Spread
$105 Premium Received (per contract)
81% Probability of Profit (at entry)
10:59 AM Time of Entry
5min Trendline break, looking for retrace of premarket low and previous sessions low. Break above 4300 will have dealers chasing deltas higher creating a potential squeeze scenario.
Note: This is a counter trend trade. However, we have written below 4350 which should act as significant support.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - March 4’22 4355/4360 Bear Call SpreadSPX 0dte Income Trading - March 4’22 4355/4360 Bear Call Spread
💡 March 4’22 4355/4360 Bear Call Spread
$90 Premium Received (per contract)
84% Probability of Profit (at entry)
1:37 PM Time of Entry
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - March 2’22 4410/4415 Bear Call SpreadSPX 0dte Income Trading - March 2’22 4410/4415 Bear Call Spread
💡 March 2’22 4410/4415 Bear Call Spread
$105 Premium Received (per contract)
79% Probability of Profit (at entry)
11:40 AM Time of Entry
Technical signals all over the place as Powell continues his Testimony to the House Financial Services Committee.
SPX at the previous session high after grinding higher this AM, expecting reversion back to the mid point.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Feb 22’22 4285/4280 Bull Put SpreadSPX 0dte Income Trading - Feb 22’22 4285/4280 Bull Put Spread
💡 Feb 22’22 4285/4280 Bull Put Spread
$100 Premium Received (per contract)
80% Probability of Profit (at entry)
11:22 AM Time of Entry
Short strike is below the put wall of 4300 (-63M Gamma Notional) also below the S2 Pivot Point, price typically does not exceed that pivot.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Feb 18’22 4320/4315 Bull Put SpreadSPX 0dte Income Trading - Feb 18’22 4320/4315 Bull Put Spread
💡 Feb 18’22 4320/4315 Bull Put Spread
$110 Premium Received (per contract)
81% Probability of Profit (at entry)
11:04 AM Time of Entry
Pinning is less common in deep negative gamma environments, but if it were to occur it would be around the 4400 strike. I don't expect a large move in either direction but I do expect overshoots in both directions.
Note: This is a counter trend trade in an environment where headline risk runs high.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Feb 9’22 4605/4610 Bear Call SpreadSPX 0dte Income Trading - Feb 9’22 4605/4610 Bear Call Spread
💡 Feb 9’22 4605/4610 Bear Call Spread
$85 Premium Received (per contract)
87% Probability of Profit (at entry)
10:10 AM Time of Entry
Were finally coming out of negative gamma with inversion of 4550, when this happens we tend to see low volatility, dampening action due to dynamics of option dealers. CPI will be released tomorrow, highly anticipated and will most likely dictate direction for the coming weeks. 4600 is a significant gamma level with large call positioning and will act as resistance. We may grind higher today but I don't see the market reclaiming the 4600 level.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
0dte Income Trading - SPX Jan 19’22 4640/4645 Bear Call Spread💡 SPX Jan 19’22 4640/4645 Bear Call Spread
$100 Premium Received (per contract)
76% Probability of Profit (at entry)
9:41 PM Time of Entry
This was an early trade today and didn't have time to post it, where it could be semi actionable. All trades are alerted in real time on our Discord.
Out 0.25
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPY/SPX 0dte Option Incoming Trading: Bull Put Entry Criteria Over the past month I've been posting many of my SPX 0dte trades, I would like to touch briefly on my entry criteria from the technical perspective.
First off, you'll notice my chart is of the SPY and not the SPX. My trades are taken on the SPX, however, I conduct my technical analysis on the SPY
for two main reasons,
1. The SPY trades post and pre-market, and with the inclusion of this data more precise signals are drawn.
2. The availability of the Volume study, which is not a major component of my strategy but is occasionally referenced.
My trades are classified into three categories "type of trade", this allows me to have clarity on my expectations, to know quickly when I'm wrong, and how I'm positioned relative to the primary trend.
1. Trend Continuation: is when price is trading either above the previous sessions high (bullish) or below the previous sessions low (bearish) signaling continuation of the trend. We want to see market direction confirmed by increased volume.
2. Range Bound: is when price is trading within the high and low of the previous session. These days tend to trade sideways with low volatility and often occur as a pause or slowing in momentum after a multi day move in one direction.
3. Mean Reversion/Contra: is a trade taken against the primary trend, typically on a trend continuation day where the price has been overextended from the mean.
- Rather than selling an Iron Condor all at once, I leg into the trade, selling one side followed by the other if the conditions are met.
- Trade entries and exits are often based on the 5 minute time frame, but context is important, so the 15 min and 1 hour is commonly used to determine direction.
- When the 15 minute momentum is moving up from the trough-to-peak my preference is to write puts and when momentum is moving down from peak-to-trough I write calls.
- The main focus intraday is on the 5 minute and 15 minutes chart but I keep this in the context of the 1 hour time frame and apply the same concept.
- Based on the 1 hour momentum cycle and the "type of trade", I can determine how aggressive or defensive I should be positioned, If I should be quick to take profits or I whether I can be more patient.
Bull Put Spread (Long) Requirements
1.) Significant Level: price is holding above a level of importance, (i.e, pivot point, gamma level, previous low, etc.) *Leading Indicator
2.) Momentum: trough or change in momentum direction *Leading Indicator
3.) Break of Structure: Trendline break, breakout of a key level. *Coincident Indicator
4.) QQE Buy Signal: this is an RSI based indicator *Lagging Indicator
5.) 20 and 50 Moving Averages: Flat or Sloping up *Lagging Indicator
See related ideas, to see the Bull Put spread signal based on the above requirements and a Bear Call spread which was also placed but not discussed here.
______________________
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Jan 14’22 4610/4605 Bull Put SpreadSPX 0dte Income Trading - Jan 14’22 4610/4605 Bull Put Spread
💡 SPX Jan 14’22 4610/4605 Bull Put Spread
$90 Premium Received (per contract)
83% Probability of Profit (at entry)
9:46 AM Time of Entry
Price bounced off the S1 pivot point, on 15min bearish momentum hit a trough at the open and RSI started turning up out of oversold territory. And we see the same action on the 1hour timeframe. To the upside we need to take out the 50DMA to be in the clear. US10Y is moving higher and may be headwind for today. Mega caps remain in the green.
New Trades Every Monday, Wednesday & Friday
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Jan 12'22 4655/4660 Bear Call SpreadSPX 0dte Option Income Trading
💡 SPX Jan 12’22 4655/4635 Bear Call Spread
$135 Premium Received (per contract)
76% Probability of Profit (at entry)
9:41 AM Time of Entry
Little early on the entry but managed to average up as price finds resistance at the 4750 gamma level. 15min momentum is peaking, RSI turning down out of oversold territory, on the 1hour, price is extended after a major rally from Monday’s low.
New Trades Every Monday, Wednesday & Friday
✅ Consistent Cash Flow
✅ High Probability of Profit
✅ No Overnight Risk
SPX 0dte Income Trading - Jan 10’21 4630/4635 Bear Call SpreadSPX 0dte Income Trading Jan 10, 2021
💡 SPX Jan 10’21 4630/4635 Bear Call Spread
$85 Premium Received (per contract)
85% Probability of Profit (at entry)
12:03 PM Time of Entry
*Looking for retest of the lows
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profi
SPX 0dte Income Trading - Jan 10’21 4655/4650 Bull Put SpreadSPX 0dte Income Trading Jan 10, 2021
💡 SPX Jan 10’21 4655/4650 Bull Put Spread
$85 Premium Received (per contract)
81% Probability of Profit (at entry)
10:52 AM Time of Entry
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX 0dte Income Trading Jan 7, 2021 - Bull Put SpreadSPX 0dte Income Trading Jan 7, 2021
💡 SPX Jan 7’21 4650/4645 Bull Put Spread
$105 Premium Received (per contract)
83% Probability of Profit (at entry)
11:00 AM Time of Entry
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX 0dte Income Trading Jan 5, 2021 - Bull Put Spread (2)SPX 0dte Income Trading Jan 5, 2021
💡 SPX Jan 5’21 4755/4750 Bull Put Spread
$75 Premium Received (per contract)
87% Probability of Profit (at entry)
1:11 PM Time of Entry
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX 0dte Income Trading Jan 5, 2021 - Bear Call SpreadSPX 0dte Income Trading Jan 5, 2021
💡 SPX Jan 5’21 4805/4810 Bear Call Spread
$95 Premium Received (per contract)
85% Probability of Profit (at entry)
10:39 AM Time of Entry
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX 0dte Income Trading Jan 5, 2021 - Bull Put SpreadSPX 0dte Income Trading Jan 5, 2021
💡 SPX Jan 5’21 4765/4760 Bull Put Spread
$90 Premium Received (per contract)
85% Probability of Profit (at entry)
9:47 AM Time of Entry
*Already out half at 0.55, could see another test of the low.
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX Dec 29’21 4815/4820 Bear Call SpreadSPX 0dte Income Trading December 29, 2021
💡 SPX Dec 29’21 4815/4820 Bear Call Spread
$120 Premium Received (per contract)
78% Probability of Profit (at entry)
9:42 AM Time of Entry
_______________________________
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
SPX Dec 22’21 4635/4630 Bull Put SpreadSPX 0dte Income Trading December 22, 2021
💡 SPX Dec 22’21 4635/4630 Bull Put Spread
$90 Premium Received (per contract)
76% Probability of Profit (at entry)
10:07 AM Time of Entry
_______________________________
WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk
$USO IronCondor 72%PoP, 45% profit - gift of the day with 176IVRDon't miss the opportunity of the day!
Highest IVR ETF today with the value of 173!
Of course, -5 delta meaning bearish Iron Condor.
SAFETY ZONES: 200MA could act as support, bullish trendline too.
Max profit: $314
Probability of 50%Profit: 72%
Profit Target relative to my Buying Power: 45%
Max loss with my risk management: ~$150
Req. Buy Power: $686 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 137-173 (ultra high for options )
Expiry: 56 days
SETUP : IC for , because IVR ultra high, for 3.14cr
* Sell 1 USO Jan21' 35 Put
* Buy 1 USO Jan21' 45 Put
* Buy 1 USO Jan21' 55 Call
* Sell 1 USO Jan21' 65 Call
SETUP: IC for USO, because IVR is epic high.
Stop/my risk management : Closing immediately if daily candle is closing out of the the box, max loss in my calculations in this case could be ~150$.
Take profit strategy: 65% of max.profit in this case with auto buy order at 1.1db.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
SPX 0dte Income Trading October 6, 2021SPX 0dte Option Income Trading (Every Monday, Wednesday, Friday)
💡 SPX Oct 06’21 4365/4370 Bear Call Spread
$85 Premium Received (per contract)
81% Probability of Profit (at entry)
2:46 (time of entry)
💸 WHAT IS 0DTE TRADING?
The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Most options expire worthless and we take advantage of this by selling credit spreads to collect premium. This strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!
SPX 0dte Income Trading September 24, 2021SPX 0dte Option Income Trading (Every Monday, Wednesday, Friday)
💡 SPX Sept 24’21 4420/4420 Bull Put Spread
$75 Premium Received (per contract)
78% Probability of Profit (at entry)
9:52 (time of entry)
💸 WHAT IS 0DTE TRADING?
The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Most options expire worthless and we take advantage of this by selling credit spreads to collect premium. This strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!