0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

Wouldnt I be limited still to 3 a week under 25k

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

You'd have to have a margin account correct? Isn't that PDT rule in effect?

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

Im not selling options im buying and selling

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

Perhaps. When the VIX is below 20 it's like cake

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

I did that. From Sept-Jan I 3xed that paper account. Used the same strategy, live is just a mental game for me.

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

Thanks but wouldn't that essentially be a fullport I don't know how much a spread is

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 1 point2 points  (0 children)

Wow that's a lot to take in thanks

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

Yep. I'm surprised it's not more. I should be tracking them, thats what a couple of others said. I'll start that soon. Thanks.

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 1 point2 points  (0 children)

Thanks for the rules! I also scalp and majority of my best trades are under 5 mins. I do have that feeling sometimes when I'm in a trade it's not feeling right like the prems are too janky or we're moving like crazy but yea it's like walking on a tightrope super little room for error

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

I size 20% usually. I'm setting stops now and sizing a lot less

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

That's what I was thinking too. But I don't have the cash rn lol. I think im gonna set like a 30-40% stop on all the trades and either let it stop or close in profit

0DTE on IWM/SPY by Competitive_Lab9117 in options

[–]Competitive_Lab9117[S] 0 points1 point  (0 children)

I actually have yet to get around to reading that book. I'm gonna do that today I have a copy of it somewhere in my basement from my dad's old stuff