So Today I started trading using a prop firm. Figured I’d use a prop firm with 100k for 0dte and my regular brokerage for swings. So i sold outside of the gamma levels when it pushed up so high. Found a 20 wide and sold at first for $0.50 and then increased it to 0.55 and finally 0.60 so the average fill is $0.55 The strikes i choose were 7475/7495 which had basically no gamma above 10 mil which is what i like to target. and also had a premium above 0.50. I sold 40 contracts. At 7:41 AM it is currently sitting in profit. I Don’t know how long it will be like this or if it will stay profitable but i will probably let it expire if gamma doesn’t go past 10 mil for that strike. This contract is currently worth $0.35 Will update when it get lower or if i cut it.
price dipped down to 7381 at 8:11 AM PST. I set a close at $0.05