SPY 10/8 0DTE Strat.

Updated
The market opened up at 570.42 today with an ATR of 6.03. We could climb up to 576.45 and down to about 564.39.

On the 15-minute chart, we have a gap that we can fill at around 572.80. That was right around the high on Oct. 4th.

I have the 569 strike and looking for this to fill the gap at around 567.80 by the end of today.

I set up for max loss, so if this runs higher, I'll let this become worthless.

567 will be my exit point.
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Trade is live.
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If this decides to run up again, it's going to want to test around the 573 area. Need to pay attention to the price action there
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Climbed back up to 573. Let's see what it decides to do from here in the last hour.
Trade closed manually
Trade will expire worthless.
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