Jeff 6:33 am on Monday, November 18, 2024
Tags: spx0dte ( 421 )

SPX 0-dte trades for 11/18/24

#SPX0dte Sold to Open $SPX Nov 18th 5790/5810-5925/5945 condors for 1.10, at 1 minute after open. IV 20.95%, deltas -.07 +.05

Jeff 7:04 am on Monday, November 18, 2024

Sold 5840/5870-5875/5905 condors for 15.35, IV 18.65%
- Jeff 7:37 am on Monday, November 18, 2024
  
  Stopped for 19.35.
  - Jeff 7:39 am on Monday, November 18, 2024
    
    First Monday in a while where this trade was a bad loser. Hit my stop then no pullback so I had to chase. Last week benefitted from a downtrend, and it is much easier to manage these trades when we are trickling down. If the market is going to bounce higher this week, it will be a challenge as these structures will gain premium rapidly as market ticks higher.
    - Jeff 7:45 am on Monday, November 18, 2024
      
      Wow I had to look back all the way to July 22nd to find a Monday where this trade was not an easy win. There was one week in there where I took a small loss, then reentered for a small win. Otherwise today breaks a long trend of easy Mondays.

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