Jeff 5:56 am on Thursday, June 26, 2025
Tags: spx0dte ( 421 )

SPX 0-dte trades for 6/26/25

#SPX0dte Sold to Open $SPX Jun 26th 6065/6085-6130/6150 condors for 1.10, IV 16.80%, deltas -.07 +.06

Jeff 6:23 am on Thursday, June 26, 2025

Sold to Open 6065/6085-6135/6155 condors for 3.50, IV 16.48%
- Jeff 7:07 am on Thursday, June 26, 2025
  
  Closed 20d for 2.80. When I started this strategy I was able to sell in the 4 and 5 dollar range. With entry now under $4, the profit potential is lower. Waiting for a dollar takes much longer so higher risk of a market move that will trigger a stop.
  - matt0311 7:35 am on Thursday, June 26, 2025
    
    This is an issue. If you widened the wings you could get more premium, but it accelerates the moves in the premium as well. That does hold me back from widening them.
    - Jeff 8:26 pm on Thursday, June 26, 2025
      
      Yes me too although I do widen to 25 sometimes to avoid overlapping strikes. To be clear, overlapping strikes can still work if you treat each trade separately but it just feels weird to me.
  - Jeff 7:37 am on Thursday, June 26, 2025
    
    6085/6065 puts closed for .10. Call side close to stop level.
    - Jeff 8:05 am on Thursday, June 26, 2025
      
      Stopped on call side for 1.00. Can’t get a foothold this week to make up for Monday’s blunder.

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