Jeff 5:46 am on Thursday, October 31, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 10/31/24

#SPX0dte Sold to Open $SPX Oct 31st 5705/5725-5845/5865 condors for 1.25, IV 22.59%, deltas -.06 +.06

geewhiz112 6:37 am on Thursday, October 31, 2024

Skewed to the put side on my fill.
Jeff 6:58 am on Thursday, October 31, 2024

Stopped out for 3.10.

Another example of gaining nothing from selling before market. Had I waited to sell a few minutes after the open, my strikes would have been 30 points lower and I would have gotten similar premium. And I would not have been stopped (at least not yet). As this seems to vary day by day, it seems to really hinge on the amount of data released in the morning. Although I sold after the 8:30 data dump, IV and premium didn’t budge until after the open. I need to stop opening these before the open on data heavy mornings, at least until this current trend changes. Maybe next week’s events will change these dynamics that have made my strategies so difficult lately.
- Jeff 8:03 am on Thursday, October 31, 2024
  
  ok now even the 30 point lower spread would have been stopped.