SPX 0DTE – 02/25/26

So although delta is pointing bullishness, I sold against the trend because I see weakness. I sold a 6955/6960 call for $0.50. I plan to close at $0.05 or if price gets really close to my position ill double down at a strike further. MVC today is 6950, so my strike is 5 points away from MVC.

Update: It is 8:19 AM PST. I was able to close my trade for $0.10. Decided to close the trade at $0.10 to secure the profit. If it climbs back up later I can get in again.

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