Jeff 6:33 am on Friday, August 16, 2024
Tags: spx0dte ( 421 )

SPX 0-dte 8/16/24

#SPX0dte Just after the open, Sold to Open $SPX Aug 16th 5435/5455-5585/5605 condors for 1.15, deltas -.06 +.06, IV 25.99%

Jeff 8:26 am on Friday, August 16, 2024

Sold to Open Aug 16th 5505/5535-5540/5570 condors for 15.30, IV 21.51%
- Jeff 9:48 am on Friday, August 16, 2024
  
  Stopped for 16.70. Super annoying 0-4 on these trades this week… the ones before 10am PT. All of the attempts after 10 have worked. So why did I still put this on today? Well, today’s range was pretty contained, much smaller than what we’ve been seeing. No matter, it still just flies upward mere minutes after entering. Consistently every day this week, consolidation fails until after 10, then it works. So until we start seeing pre-10am consolidation, I will not be trading these before 10. I expect we’ll return to low-vol-normality next week or week after.
  
  Fortunately, this has been a strong week overall.
  - Jeff 10:33 am on Friday, August 16, 2024
    
    Sold 5525/5555-5560/5590 condors for 9.20, IV 17.99%
    - Jeff 11:30 am on Friday, August 16, 2024
      
      Closed for 7.00. Quick and easy. Would have held for more but a downside bias has developed from the center of my condor, so that’ll do it for the week. Wide condor expiring. Week profit +8.90

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