SPX 0dte Income Trading Jan 5, 2021 - Bull Put Spread

SPX 0dte Income Trading Jan 5, 2021

💡 SPX Jan 5’21 4765/4760 Bull Put Spread
$90 Premium Received (per contract)
85% Probability of Profit (at entry)
9:47 AM Time of Entry

*Already out half at 0.55, could see another test of the low.

WHAT IS 0DTE TRADING?
0dte or zero days to expiration refers to the last trading day for an option contract. The Chicago Board Options Exchange (Cboe) lists weekly options on the S&P 500 Index (SPX) with expirations every Monday, Wednesday, and Friday. Since most options expire worthless we take advantage of this by selling credit spreads to collect premium. Our option trading strategy allows us to profit if the market moves up, down or doesn't move at all. See profile to learn more!

New Trades Every Monday, Wednesday & Friday
► Consistent Cash Flow
► High Probability of Profit
► No Overnight Risk