💡 SPX 0DTE Trading - Dec 14’22 Butterfly Strangle (Low risk/high reward) Dec 14’22 3925/3935/3945 Butterfly Put (Pin:Low on chart) Dec 14’22 4095/4105/4115 Butterfly Call (Pin:High on chart) Net Debit: $60 Max Profit: $940 Despite the “pump and dump” activity yesterday, positioning was bullish with calls being added overhead. There was +7% increase in SPX call...
Opened position on AAL AAL(DELAYED) APR 14 STO $18C Ratio 2:1 APR 14 BTO $19C Ratio 1:1 APR 14 BTO $17C Ratio 1:1 Playing credit premium(NOT HOLDING LONG) Max Gain-$79 Max Loss- $10 This is not financial advice
$SNOW is strong. Perhaps the most expensive stock in tech, but the market doesn't seem to care that much. We are trading the possibilities. #tradeidea Broken Wing Butterfly +1 Dec 24 $355c -2 Dec 24 $360c +1 Dec 24 $362.5c Cost bases: ~$0.80 ~ 1.2 (bit spready on long strikes) Max $400 profit profit above $355.77
We floated another butterfly, now a bull put fly expiring March 20th 2020