Jeff 5:26 am on Friday, September 20, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 9/20/24

#SPX0dte Sold to Open $SPX 5610/5630-5775/5795 condors for 1.10, IV 25.11%, deltas -.06, +.05. I went a strike further on call side just to reduce risk on a Friday in a week with strong profit already.

Jeff 6:51 am on Friday, September 20, 2024

Sold 5670/5700-5705/5735 condors for 18.55, IV 25.24%
- Jeff 8:21 am on Friday, September 20, 2024
  
  Stopped out for 19.00, small loss of -.45. As I was writing earlier this week, it’s pretty remarkable how often 10% gets hit on these trades but then takes a quick turn into loss territory. I was going for more on this trade, and watching the mid price it seemed that 16.60 (10%) was about the lowest premium got, which means I could have taken the 10% before this dip.
  - Jeff 9:07 am on Friday, September 20, 2024
    
    Trying again: 5660/5690-5695/5725 for 15.20. I’ll stop at 10% this time.
    - Jeff 9:59 am on Friday, September 20, 2024
      
      closed for 15.90. Getting a bit whipsawed but losses are small. Now flat on the day since my wide condor doing fine.

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