The tastylive network Options Trading Concepts Live - November 6, 2025 - SPX Trades from the CBOE Floor
Nov 6, 2025
Join Mike and Jamal as they delve into SPX options trading from the CBOE pit! Discover Mike's zero-day iron condor strategy and how a short put can finance a long call spread. Jamal shares insights on selling upside calls in Robinhood post-earnings and adjusting a broken-heart butterfly into a credit condor. They also analyze VIX dynamics and its implications for market volatility. Plus, get tips on trading small-cap stocks and low-priced opportunities like ACHR!
AI Snips
Chapters
Transcript
Episode notes
Live From The CBOE Pit
- Mike and Jamal recorded the show live from the CBOE pit and noted much higher activity on a sell-off day.
- They emphasized the electric energy and increased order flow when markets fall quickly.
Sell-Offs Create Multi-Asset Trades
- Cross-asset weakness (Nasdaq, crude, crypto) can coincide and offer multiple intraday trading opportunities.
- Mike took a micro-crude long below $60 to exploit the intraday sell-off environment.
One-Day SPX Iron Condor Setup
- Use a one-day-to-zero-day SPX iron condor to capture elevated IV and potential vol crush into the next session.
- Collect small credit (e.g., $200) and risk limited amount (e.g., $300) to target quick small wins on chop or reversal.