Overview of the 2-3 DTE SPX Income Strategy

The 2-3 DTE SPX income strategy is a highly advanced trading strategy that requires a larger account size and presents certain risks. The strategy involves entering trades with short durations (2-3 days) on specific days of the week (Monday, Wednesday, Friday) to maximize currency opportunities. Unlike other strategies, there is no overlap in positions, with only one trade being active at any given time. The leverage involved in this strategy makes it unsuitable for smaller accounts or trading with ETFs like SPY. However, it can still be implemented with the ES contract, aiming to collect premiums between 35 cents to 60 cents depending on volatility. The strategy focuses on targeting credits with a cap of 5 delta to manage risk and mitigate the potential impact of gaps. While gaps and losses are part of the strategy, overall, the 2-3 DTE SPX income strategy has proven to be successful with an 86.1% win rate and a 35.5% premium capture rate.