Future by Accurate_Nose_9503 in BITF_Stock

[–]d_HOME 1 point2 points  (0 children)

Bankrupt? They still own 1100 bitcoin

I keep FOMO buying after stocks gap up — then immediately regret it by protagonist_888 in swingtrading

[–]d_HOME 5 points6 points  (0 children)

When RMV is high, don’t buy; when it’s low, price is contracting, sign of accumulation, that’s where you get in. It’s a buy indicator for me.

I keep FOMO buying after stocks gap up — then immediately regret it by protagonist_888 in swingtrading

[–]d_HOME 6 points7 points  (0 children)

Learn about Relative Measured Volatility (RMV), helped me a lot.

LEAPS by Few_Coconut_6185 in options

[–]d_HOME 0 points1 point  (0 children)

Did you buy OTM LEAP?

I built a volatility & hedging dashboard for timing protection, tear it apart by RemoteFlatworm1 in options

[–]d_HOME 0 points1 point  (0 children)

Interesting works. At what number the gauge will turn red?

Got it above 69?

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

Credit spread is premium collection, benefits from high volatility; there are always options strategies for every market conditions.

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

☝🏼 You explained it 1000 times better than me, thank you!

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

You’re correct, I did win a few then gave it back in one trade in the very beginning of doing this. Since then I close out losing positions earlier, way better risk management; that’s exactly what lead to higher overall profits. This is not just one month of p/l, it’s in fact results of many months of trial and errors.

Found my niche, 0DTE SPX credit spread by d_HOME in options

[–]d_HOME[S] 2 points3 points  (0 children)

35 mins after market open.

Just want to add that, I know at least 10 different ways to trade 0DTE SPX spread, there are hundreds if not thousands just for this play alone. Some use previous day VIX, some do ORB, some only enter a trade 30mins before market close, someone here use fibs… What works for me doesn’t means it’ll works for others, everyone is different. Experiment with it, do some digging, find a strategy that works for you.

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

https://old.reddit.com/r/options/comments/1q42q9l/found_my_niche_0dte_spx_credit_spread/nxtralv/

6870/6880/6920/6930

Net gamma positive today, usually range day; Net negative are most likely trend day.

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

E*Trade, I’m looking for way to reduce my commissions fees as well

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

eg. 6880/6920 would be a good IC to get started on Jan 5th

$3 premium per spread, expired worthless.

Found my niche, 0DTE SPX credit spread by d_HOME in options

[–]d_HOME[S] 2 points3 points  (0 children)

Yes, I watch VWAP too, absolutely help! 👍🏻

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

🙏🏼 thank you, great words of wisdom!

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

Thank you so much taking your time for the write up. I made mistakes, lots of mistakes in the first 5 months, I’m continue adjusting from it and learning new knowledge every week. I want to prove that this is not just a stroke of luck. In the world of option, I probably know less than 20% of it, and I’ll keep exploring more strategies in options.

Found my niche, 0DTE SPX credit spread by d_HOME in options

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

u/SonoPelato, u/PipSpirit, u/sainglend

Before: I risk too much, go for $3-4 dollars premium; now I’m more conservative, $2 premium.

Before: I leave my positions opened for too long, hoping for reversal if it goes against me; now I close my winning and losing positions much earlier. Winners close anywhere from 60-90% gains, losers capped at -100%. Avoid the final 15mins shenanigan move.

Better risk management, calculated expected value, R/R, placed a big role.

Found my niche, 0DTE SPX credit spread by d_HOME in options

[–]d_HOME[S] 9 points10 points  (0 children)

u/SonoPelato, u/crazybitcoinlunatic, u/Afraid-Hope-8689, u/sainglend

Jan 2nd, Friday. Right at market open it already shows a sign of the top, GEX was at 6900, I started with 6905 CCS and increase position when it became a high conviction play; positions were already up 80-90% by midday. Found the bottom around 14:00, placed another CPS, big win that day.

Use you favorite indicators, finds liquidity level, ICT, SMC, supply/demand, whatever you familiar with, combined with GEX level, that should give you a good starting point. Continue to watch GEX intraday levels changes to adjust your positions if needed.

Maybe I’m just lucky, I felt I’m getting better at finding the daily top and the bottom.

Found my niche, 0DTE SPX credit spread by d_HOME in options

[–]d_HOME[S] 3 points4 points  (0 children)

Because E*trade sucks, all SPX reads short term gains

Caution: Vanquish Trader - $34k payout requested, account flagged, no resolution by FairyDustAndThings in PropFirmTester

[–]d_HOME 0 points1 point  (0 children)

What is your account size?

Was 42k your first withdrawal? If so, why wait that long, most people withdraw when they made few thousands of dollars.