Jeff 5:30 am on Monday, March 4, 2024
Tags: spx0dte ( 421 )

SPX 0-dte 3/4/24

#SPX0dte Sold to Open $SPX Mar 4th 5095/5125-5130/5160 condors for 12.70, IV 14.57%

That’s lowest premium I’ve seen yet, I guess because IV is low and no economic events today, other than FOMC member Harker speaking at 11am ET.

davidm501 5:53 am on Monday, March 4, 2024

I see that this is unbalanced. How are you picking the long strikes?
- Jeff 6:14 am on Monday, March 4, 2024
  
  I fixed the typo, it is balanced
Jeff 6:34 am on Monday, March 4, 2024

10% hit 3 minutes after the open. Holding out for more as long as we stay near the center of my condor.
- matt0311 6:37 am on Monday, March 4, 2024
  
  same here, just got ready with tea in hand and order has already triggered. not the worst thing to happen. Might consider reloading.
- davidm501 7:25 am on Monday, March 4, 2024
  
  I opened the $SPX Mar 4th 5095/5125-5130/5160 IC for 11.60@9:37. Set up a bracket order to get out at + 10%, -20% as I have a dr appt. Closed for +10% @10:15.
  - geewhiz112 5:51 pm on Monday, March 4, 2024
    
    Need to learn bracket order. I have tendency to wait too long. Using bracket will discipline me. Ouch, that hurts! 😉
- Jeff 7:29 am on Monday, March 4, 2024
  
  Closed for 10.75, so 1.95 profit. I was going for 10.00, but the last spike up prompted me to pay more.
  
  Done for the day. Now what should I do?
  - geewhiz112 5:53 pm on Monday, March 4, 2024
    
    Relax sounds like an alternative or listen to your wonderful countdown music Picks playlists.

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