SPX 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
💡 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
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.
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.