0dteTraders

SPX 0dte Income Trading - March 2’22 4410/4415 Bear Call Spread

SP:SPX   S&P 500 Index
SPX 0dte Income Trading - March 2’22 4410/4415 Bear Call Spread

πŸ’‘ March 2’22 4410/4415 Bear Call Spread
$105 Premium Received (per contract)
79% Probability of Profit (at entry)
11:40 AM Time of Entry

Technical signals all over the place as Powell continues his Testimony to the House Financial Services Committee.

SPX at the previous session high after grinding higher this AM, expecting reversion back to the mid point.


WHAT IS 0DTE TRADING?
0dte or zero days to expiration refer to the last trading day for an option contract. The Chicago Board Options Exchange ( Cboe ) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all.
βœ… Consistent Cash Flow
βœ… High Probability of Profit
βœ… No Overnight Risk

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