0dteTraders

0dteTraders Updated 

💡 March 28’22 4570/4575 Bear Call Spread $85 Premium Received (per contract) 83% Probability of Profit (at entry) 10:15 AM Time of Entry The market continues to chop around battling for direction. SPX is in a short term rising wedge formation which typically resolves to the downside, 4550 is a strong resistance and I expect it to hold today. However, if it does...

0dteTraders Updated 

💡 March 23’22 4450/4445 Bull Put Spread $55 Premium Received (per contract) 3:17 PM Time of Entry End of day counter trend trade Could move down but theta will outpace delta 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...

0dteTraders

💡 March 23’22 4520/4525 Bear Call Spread $85 Premium Received (per contract) 83% Probability of Profit (at entry) 11:06 AM Time of Entry Currently trading at the Gamma Inversion level of 4490 and the 200MA. SPX moved down 1% post/pre market after a massive squeeze higher over the past 6 trading sessions. So far we’ve bounced but with little enthusiasm....

0dteTraders Updated 

💡 March 21’22 4510/4515 Bear Call Spread $90 Premium Received (per contract) 80% Probability of Profit (at entry) 9:48 AM Time of Entry Double top, hard rejection of the 200MA on an initial squeeze higher from the “Most Shorted Stocks”. It was short lived. Internals turned down with the VIX breaking trendline upwards. Time for a pullback after a magnificent...

0dteTraders Updated 

SPX 0dte Income Trading - March 18’22 4140/4145 Bear Call Spread 💡 March 16’2022 March 18’22 4140/4145 Bear Call Spread $85 Premium Received (per contract) 80% Probability of Profit (at entry) 9:47 AM Time of Entry Roughly 1/3 of the total S&P/QQQ options position expiring today. For both the SPX & SPY the 440/4400 strike is dominant, and we'll look for pinning...

0dteTraders

SPX 0dte Income Trading - March 14’22 4140/4135 Bull Put Spread 💡 March 14’22 4140/4135 Bull Put Spread $85 Premium Received (per contract) 84% Probability of Profit (at entry) 1:59 PM Time of Entry *Counter trend trade WHAT IS 0DTE TRADING? 0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options...

0dteTraders

SPX 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...

0dteTraders Updated 

SPX 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...

0dteTraders Updated 

SPX 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...

0dteTraders

SPX 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...

0dteTraders Updated 

SPX 0dte Income Trading - Feb 23’22 4235/4230 Bull Put Spread 💡 Feb 23’22 4235/4230 Bull Put Spread $75 Premium Received (per contract) 80% Probability of Profit (at entry) 11:21 AM Time of Entry Stop 2.5x Premium Short strike is below the heavy put strike of 4250 (-48M Gamma Notional) and the previous sessions low. Expecting a range bound within the high and...

0dteTraders

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?...

0dteTraders

SPX 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...

0dteTraders

SPX 0dte Income Trading - Feb 16’22 4400/4395 Bull Put Spread 💡 Feb 16’22 4400/4395 Bull Put Spread $80 Premium Received (per contract) 81% Probability of Profit (at entry) 10:33 AM Time of Entry The fact that we gapped higher yesterday and have moved away from the large short strikes, the 4300, 4350 and 4400, these open puts are OTM and delta will be moving...

0dteTraders

SPX 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....

0dteTraders

SPX 0dte Income Trading - SPX Jan 26’22 4490/4495 Bear Call Spread 💡 SPX Jan 26’22 4490/4495 Bear Call Spread $95 Premium Received (per contract) 81% Probability of Profit (at entry) 9:31 PM Time of Entry Momentum is nearing a peak and RSI is turning down from overbought territory (15min). Expecting to drift lower, fill the gap below and see a pivot around noon...

0dteTraders

I posted this idea back in mid November laying out some reasons why I'm bullish on Brazilian equities, since then I've been accumulating under 28.50. Over the past week we've seen increased buying amid Dollar weakness and the trade looks like it's starting to work.

0dteTraders

💡 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...