Daily 0DTE trade with the SPY index. Wheeling SPY via selling of CSP first, if do take assignment will than turn to selling Covered call option.
However just wanna share this trade of catching a nicely timed CSP at the strike when the option premium was at its peak.
This contact is now expired worthless, will be keeping the full premium collected once the trade is updated.
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- pizzix·09-08Nice strategy! Catching those peaks can be tricky, but it sounds like you nailed it this time.1Report
- JackQuant·09-08Nice strategy! What do you think of the future trend of the S&P 500?1Report