SPX 0DTE – 02/03/26

So I opened a position at 6:34 AM PST. The reason why I did this was because although price tried to hit VWAP at the open it failed and was still under the SD1 of VWAP (Orange Dotted Line). I put my stop loss at the nearest ATR lvl close above VWAP which is the teal horizontal line. I only opened one contract as my current capital only allows me one more since the rest of my trades are in swings. I plan to sell puts sometime a bit a later if the opportunity presents itself.

 

 

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