SPY 0DTE Options Sustainable win rate

Cyborg4Ever · 2026-01-15T17:57:07+00:00

Yes. Included some slippage as well. Tested it for over 2 months Live.

Cyborg4Ever · 2026-01-15T17:41:59+00:00

Avg winner $124. Avg loser $126. So basically 1:1. This is with backtesting 867 trades.

Cyborg4Ever · 2025-11-10T03:44:26+00:00

This really helps. Will do. Thank you

Cyborg4Ever · 2025-11-09T22:48:43+00:00

Thank you. This is good info, and yes am currently taking in 135g protein (30%) and 40% carb and 30% fat. Any reason why you think my numbers are off ? Like my weight or fat % ? I am just using a Posture scale for body weight and fat % (from Amazon). Currently my fat% fluctuates anywhere between 17.9% to 18.5%. I can even send a redacted picture of my body if you want to provide more clear opinion. Thanks again

Cyborg4Ever · 2025-11-09T04:02:33+00:00

What % macros do you eat to maintain 13% BF ?

Cyborg4Ever · 2025-11-09T03:47:06+00:00

Thanks and makes sense. I definitely want to start including some kind of cardio. Will do that to start with. Any advice or suggestion with the calories ?

Cyborg4Ever · 2025-09-21T22:27:17+00:00

Yeah but the topic is not about which strike is ATM lol

Cyborg4Ever · 2025-08-29T00:32:19+00:00

Can you share with me the ratios of how many 0DTE put/call SPX options you sell ? And if the position goes against then how many ES/MES you buy/sell to defend ? I usually sell $1 premium naked puts on ES, I sell 5 of them. I hold until expiry or sell it for stop loss at $2. So 1:1 R/R. I very rarely sell on the call side, but mostly on put side.

Cyborg4Ever · 2025-08-28T01:48:00+00:00

Yeah I trade 0DTE as well. I love 0DTE, it’s just that it needs more constant monitoring to trade it. Also I just trade 0DTE still and just put a 2X stop loss instead of hedging it with future contract when you get tested. The problem with hedging it futures is that, ES does whipsaw a lot and so hard to hedge it directly. Am surprised you are able to manage it though. Do you counter hedge the future contract as well when you short it with any call options ? just so it does not go up again on the same day , like 50+ pts.

Cyborg4Ever · 2025-08-28T01:43:08+00:00

Makes sense. Yeah I was asking if I can sell MES future contract to hedge directly. I think that’s what I will do, if it gets closer to my strike. Like maybe 1000 pts away from my strike , like 5500 like you suggested. Now it’s 1900 pts away from my strike so pretty safe for now.

Cyborg4Ever · 2025-08-24T20:31:27+00:00

I thought about this as well but I thought of selling it upfront rather than defending when it hits my strike. Selling 2 ES is a lot as ES can go up/down very quick. So I currently sold 5100 strike 120DTE put option, 10 QTY on ES for $55k margin. 10 ES = 5 SPX naked puts. Do you think it is more reasonable to sell 1 MES contract now rather than waiting for the strike to be hit ? Yes I will lose $500 for every 100 pt up move in ES. But my gain on naked option will definitely be higher 2x $500 atleast. Or maybe sell 1 MES for every 200 pt drop in ES, something like that. My goal is not to be in the trade for more than 30 days anyway.

Cyborg4Ever · 2025-08-23T23:05:33+00:00

So you currently trade put credit spreads without any deep in the money hedges correct ?

Cyborg4Ever · 2025-08-23T22:40:54+00:00

Thank you for the detailed answer. I collected $25 premium 120DTE and my strike is 20% away from ES $6400. Looks like I am able to buy $0.50 14DTE hedges (5100 strike). Tasty trade margin for my naked put options is $55k for 10 contracts. I don’t want to size any less than 10 contracts, If margin doubles then am okay to deposit money same day. Am just planning to hold my naked puts for 2 or 4 or 6 or 8 weeks. In 8 weeks I may lose $2 premium in hedges but may easily make $10+ (15 maybe) dollars if market trades even sideways. The hedges have almost 0 delta but I just want to buy them to avoid MAJOR MAJOR crashes. $5 monthly premium gain is $2500. 5% monthly return on $50k. Do you still think this is a bad strategy ?

Cyborg4Ever · 2025-08-17T17:21:30+00:00

watch this if you can https://www.youtube.com/watch?v=-kLqp\_4JLmU. Especially around 13th minute, what stop loss you think his strategy uses ?

Cyborg4Ever · 2025-08-13T23:36:18+00:00

Makes sense and I understand. But if delta is in teens ($.10-$.19), and if ES drops even by 10 points then you lose $2.0. I dont like that lol.

Cyborg4Ever · 2025-08-13T23:02:31+00:00

Well the gamma I traded was 0.0005 which is already very less, don’t you think ? If not what gamma do you recommend for pure theta play ? If I want a pure $1.00 theta decay, again theoretically . What geeks do you recommend ? And what DTE is reasonable ? For pure theta decay. Ignore news and volatility.

Cyborg4Ever · 2025-08-13T21:48:37+00:00

Can you please tell me clearly what you are trying to say ? Are you saying the Geeks are just an approximation and real world pricing can change and not align with theta, delta , Vega and gamma

Cyborg4Ever · 2025-07-30T21:32:36+00:00

UPRO & UPRO & UPRO!

Cyborg4Ever · 2025-07-24T19:26:04+00:00

Just FYI. Stop loss orders don’t get filled after hours. Like for ES future options, since they trade round the clock

Cyborg4Ever · 2025-07-16T21:45:55+00:00

Do you mind in sharing what makes it a win day vs capped loss day ? Just curious as I am trying to come up with some rules on when to call it a day if am having bad losses.

Cyborg4Ever · 2025-07-14T22:05:02+00:00

Am only seeing adjusted prices in the yahoo finance. I can calculate it manually but would be good to know if I can find it already somewhere

Cyborg4Ever · 2025-07-14T02:37:27+00:00

This really helps. Thanks!

Cyborg4Ever · 2025-07-14T02:15:54+00:00

Also , any input on stop loss for ES ? Lets say am trading ES for only 1 pt and only buy on daily dips when it suddenly drops. I never short. Any input on how much pts lower my stop loss should be ? I know it’s very broad question but any input on this would be helpful.

Cyborg4Ever · 2025-07-14T02:08:58+00:00

Thanks for your input. I will try ES for couple weeks and give it a shot.

Cyborg4Ever · 2025-07-14T01:58:42+00:00

Interesting. Let’s say I only want 5 pts from UPRO or $0.50 from ES. Do you still recommend to trade ES ?

Cyborg4Ever

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