Jeff 5:50 am on Thursday, July 10, 2025
Tags: RiskReversal ( 86 ), spx0dte ( 421 )

SPX 0-dte trades for 7/10/25

#SPX0dte #RiskReversal
Sold July 10th 6210/6190 put spreads, delta -.09
Bought July 10th 6300/6320 call spreads, delta +.05
IV 16.34%
Total CREDIT +.30

May have missed my chance at this move yesterday, but since we pulled back from highs on futures I don’t want to sell the call side here.

Jeff 6:26 am on Thursday, July 10, 2025

I’ve had a difficult time picking my entries this week and so holding off on the tighter condor. The tariff volatility may have calmed, at least until August 1st gets closer. But I’m wary of the large intraday swings.
- Jeff 6:35 am on Thursday, July 10, 2025
  
  Ok, sold 6205/6235-6280/6305 condors for 4.90, IV 16.63%, deltas -.20 +.20
  - Jeff 6:58 am on Thursday, July 10, 2025
    
    Took profits on 20d, BTC for 3.85
Jeff 7:07 am on Thursday, July 10, 2025

Closed Risk Reversal for .45 debit, so small loss. TICKs keep going up but SPX keeps going down. Don’t know why, but I want no part of it.
- Jeff 10:56 am on Thursday, July 10, 2025
  
  Would have been a long wait, but at 1:55 ET the long call spread hit a dollar, and the stop point had it been a short spread. I so rarely have the patience for long trades.