0dteTraders

SPX 0dte Income Trading - Jan 12'22 4655/4660 Bear Call Spread

SP:SPX   S&P 500 Index
SPX 0dte Option Income Trading

💡 SPX Jan 12’22 4655/4635 Bear Call Spread
$135 Premium Received (per contract)
76% Probability of Profit (at entry)
9:41 AM Time of Entry

Little early on the entry but managed to average up as price finds resistance at the 4750 gamma level. 15min momentum is peaking, RSI turning down out of oversold territory, on the 1hour, price is extended after a major rally from Monday’s low.

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✅ Consistent Cash Flow
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Comment:
Out at 0.30

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