Day trading $SPX vertical call spreads with 0DTE

Discussion in 'Journals' started by BMK, Mar 8, 2023.

  1. BMK

    BMK

    nickels.jpg
     
    Last edited: Mar 8, 2023
  2. Overnight

    Overnight

    Can't you post a screen shot or text synopsis, instead of a .pdf?
     
  3. BMK

    BMK

    I attached a screenshot to the original post
     
  4. Overnight

    Overnight

    If the total PnL is the bottom right corner, 800+ bux, that ain't picking up pennies (or nickels), that's some good scratch!
     
  5. BMK

    BMK

    Yes, that is the total PnL for the day on all SPXW trades. It was only three spreads. Two were closed and the third expired OTM.
     
  6. TheDawn

    TheDawn

    Not a bad haul but you could've let the 4005/4015 spread to expire as well. I mean you let the 3995/4005 one to expire OTM. Any particular reason why you chose to close the 4005/4015 spread? Just curious.
     
  7. mervyn

    mervyn

    Beginner's luck.

    SPXW spread is not worth the effect. I had traded over thousands of contracts over last few years, 1-2 bad weeks you will give back all you pocketed. That's why I trade ES futures instead.

    More specific, 2018-2021, net losses -2800
     
    hipster ned likes this.
  8. ondafringe

    ondafringe

    Would be nice to see the entry times on those trades, as well.
     
    Last edited: Mar 9, 2023
    TheDawn likes this.
  9. TheDawn

    TheDawn

    How do you trade ES futures? Just simply buy-low, sell-high?
     
    qwerty11 and ondafringe like this.
  10. ondafringe

    ondafringe

    Either that, or sell high/buy low. But as with most trading, that's easier said than done! :)
     
    Last edited: Mar 9, 2023
    #10     Mar 8, 2023