SPX 0-dte trades 6/25/24

#SPX0dte Last night at 12:13am ET, sold to open $SPX Jun 25th 5425/5455-5460/5490 condors for 15.723. Didn’t get much decay overnight… price was 15.30 around 8am when structure was very close to centered ATM. But since then, it has dropped to 14.00. Considering when to exit.

This demonstrates how little decay there is overnight and that it really starts in earnest after 8am. Overnight risk may not be worth it, even if probability of stop-out is low.