Jeff 6:02 am on Thursday, April 10, 2025
Tags: spx0dte ( 421 )

SPX 0-dte trades for 4/10/25

#SPX0dte Sold to Open $SPX Apr 10th 5100/5080 put spreads for 1.00, IV 101.07%, delta -.06

Jeff 6:06 am on Thursday, April 10, 2025

I avoiding selling anything yesterday, although was trying to sell a put spread before the blast higher. I was considering a late morning condor but did not want to risk the upside again. The worst part was that I did NOT have a long call trade going, which I have been doing for small scalps lately… could have been a huge win. Now I am still going to avoid shorting the call side for the time being.
- Jeff 6:38 am on Thursday, April 10, 2025
  
  Bought 5610/5625 call spreads for .30. Lottery ticket for the day.
  - Jeff 9:07 am on Thursday, April 10, 2025
    
    Stopped for 3.60. No matter what I try, i cannot trade this market.
    - Jeff 9:20 am on Thursday, April 10, 2025
      
      I’m going to have to stop selling, except on small scalps. This chaos is too unpredictable and predicated on tweeted announcements. I will look for small long plays where risk is more limited.
Jeff 9:35 am on Thursday, April 10, 2025

Bought to Open $SPX Apr 11th (tomorrow) 5530/5545 call spreads for .95. I’ll look for a long put spread the next time we have a decent rally.