SPX 0DTE – 05/18/26
Today is a Holiday In Canada So I decided to sit this one out and spend time with family.
Today is a Holiday In Canada So I decided to sit this one out and spend time with family.
This is the first week that we are doing this. Since it’s Friday and we opened very low. I sold Puts as we were over 1%. The strikes I chose were 7050/7025 Put Credit Spreads and I got $3.30 in premium per contract. These will automatically close if we hit 75%
Today is OPEX. A No trade Day. However, I did take a swing trade for SPX since its friday.
I sold puts based on delta. However if my lines get crossed I will cut them as delta’s are not over 2.5 billion yet and we seem to be stalling the push up. Will reposition if trade goes against me. I was able to close everything for $0.05. Easy win today ^.^
Today I sold a vwap direction however, it went against me and hit vwap again. I closed the side for a small $30 loss and added more on the put side once we hit vwap. This will be my last trade. My second trade I sold 7365/7360 put credit spread for $0.45. I’m looking to … Read more
Today Deltas were a mess, So I decided to follow a small starter position based on where VWAP was and sold 3 call credit spreads at 7425/7430 for $0.50. Looking to close these at $0.05 unless price goes above vwap again. I was able to close these for $0.05
With such a push at the open I decided to sell puts as there was a delta with over 2 billion. However, I didn’t go in heavy. I sold light. 2 Put credit spreads at 7365/7360 for $0.50. Looking to close these at $0.10 or $0.05 depending on where price is at 9 AM PST. … Read more
Since there was a big fat Delta Candle over 4.5 Billion at the open after the first five minutes at 7350. I sold put credit spreads at 7330/7325 for $0.50. Looking to close these at $0.05 or $0.10 Was able to close these for $0.10 at 9:30 AM PST.
So since we opened in the range of SD1. I sold call credit spreads but later closed them for a $10 profit when price broke past SD1 Upper. I also sold puts when price reversed after tapping the lower SD1 and reach vwap again. Sold 2 put credit spreads at 7340/7335 for $0.55. Looking to … Read more
Today there was news at 1 AM PST about peace talks and a possible real ceasefire. The deltas were over 2.5 Billion. I sold 2 Put Credit Spreads at 7280/7275 for $0.55. Looking to close these at $0.10. Set a stop loss at VWAP which 7300. It is 8:30 AM PST and premium is … Read more