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Stock Market Options Trading
SPX 0DTE Options Trading For The Rest Of Us
Oct 15, 2021
Dive into the world of SPX 0DTE trading with an insightful strategy for Mondays! Learn about put credit spreads and how to assess trade suitability using EMA conditions. Discover effective guidelines for execution and risk reduction. Unpack the complexities of cash-settled options while exploring profit-taking strategies. The discussion emphasizes the importance of community insights for enhancing trading skills. Perfect for those eager to refine their options trading approach!
26:02
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Quick takeaways
- The SPX 0DTE options trading strategy allows for potential quick profits through high-probability trades on weekly expirations.
- Investing in historical intraday options data is crucial for accurate backtesting and developing effective trading strategies in a volatile market.
Deep dives
Understanding SPX 0DTE Trading
Trading SPX 0DTE (zero days to expiration) options involves executing strategies on the same day that options expire, offering unique opportunities for quick profit due to rapid time decay. This approach allows traders to capitalize on three weekly expirations—Monday, Wednesday, and Friday—making it possible to execute high-probability trades without the need to wait for extended periods to realize gains. The podcast highlights that while this method can yield fast profits, it also carries the risk of rapid losses, emphasizing the importance of identifying one’s trading edge. Emphasis is placed on developing a consistent strategy and preparing adequately before engaging in trades to mitigate risks associated with the volatility of options trading.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode