Jeff 6:33 am on Friday, February 9, 2024
Tags: spx0dte ( 421 )

SPX 0-dte

#SPX0dte Sold to Open $SPX Feb 9th 4975/5005/5035 Iron Butterfly for 16.70, IV 19.3%

Small account alternative: 4970/5000-5005/5035 condor for 14.85.

Sold right after the open.

Jeff 7:13 am on Friday, February 9, 2024

10% already hit for the IB… I’m going to push for more than 10% again today, but I’m watching closely since market wants to go higher
- matt0311 7:31 am on Friday, February 9, 2024
  
  The Decay is looking nice today, I am also take one a little longer and see.
  - matt0311 7:53 am on Friday, February 9, 2024
    
    Closed the other one for 15% of the premium, fine for me. Since the move started to look stronger towards the up, I thought better close it.
- Jeff 7:40 am on Friday, February 9, 2024
  
  Closed IB for 14.30, so 14.3% of max profit. Waiting for IC which is centered a bit lower so not at 10% yet.
  - Jeff 7:42 am on Friday, February 9, 2024
    
    Closed IC for 12.95, about 10%. Flat for the day.
    
    Weekly profit +4.77
    
    Successful first week of new strategy, even with a loss on Monday and a no-trade Wednesday. Thursday benefitted from waiting for more than 10%… today did too, but less so as trend is steadily up so didn’t want to wait much longer.
geewhiz112 8:04 am on Friday, February 9, 2024

Got in at $16.15. Just closed at $14. 13.3% of max. Thank you @matt0311 and @jeffcp66 and tasty trade.

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment