The tastylive network Options Trading Concepts Live - November 6, 2025 - SPX Trades from the CBOE Floor
Nov 6, 2025
Hosts dive into the CBOE SPX pit to unravel intriguing SPX trades. Mike shares his zero-day iron condor strategy and nuances of short put spreads. Jermal highlights trading calls in Robinhood after earnings, capitalizing on volatility. They explore adjusting broken heart butterflies into call condors for greater flexibility. The duo also dissects the effects of a government shutdown on markets and the impact of streaming disputes on regional sports viewership. Listener questions spark insightful discussions on options strategies.
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Live From The CBOE Floor
- Mike and Jamal recorded the show live from the CBOE/SPX pit and described the energy on the floor as "electric."
- They highlighted increased order flow and a sharp market sell-off creating trading opportunities.
Timing Zero-Day Trades Versus Late-Day Entries
- Place one-day iron condors earlier to capture wider strikes and more premium, but weigh afternoon IV decay risk.
- If you want symmetry and room, set trades with more time; close early Fridays for quick vol-crush profits.
One-Day SPX Iron Condor
- Use a one-day-to-zero-day SPX iron condor to capture elevated IV into close and aim for quick vol crush profit.
- Collect small premium (e.g., $200) and risk limited amount (e.g., $300) to trade expected move safely.