$SPY 20260416 695.0 PUT$ have been selling 0DTE CSP on SPY for a long while now. However the market bounces back so fast making selling CSP quite difficult. On one hand will have anticipate a sudden swift in the market sentiment on the other the IV turns lower so fast once the price starts to move up rapidly. One would need to take the trade immediately as suppose to place a lower price and which most time the share price may come back down to fill the contract. On a bull market the share price almost just kept moving higher by the minutes, once missed the sweet spot, trade for the day is gone. Yesterday, while the market was only mildly bullish that managed to sell a CSP that has now expired worthless. Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments