#SPX1dte Bullish day not so bullish, closed put spread for .50 to remove all risk.

Two losing weeks in a row, time for some adjustments. I’m going to go back to selling the afternoon before, 1-dte rather than 0-dte, since there hasn’t been a major overnight move since early July. This will give me better width and less chance of stops being hit. I will still stick to 0-dte on days with major announcements or data releases.

I will also reduce supplemental trades, which were the reason for both of these weeks’ losses being bigger than normal. If I’m have a breakeven or slightly losing week, I will either skip the additional or roll trades, or be much more careful when placing them. Stick to the basics, stop trying to push.