I’ve been trading SPY daily with a 0DTE strategy. After the last lot of SPY was called away when the Covered Called expired, I’ve been selling cash-secured puts for the past two weeks as part of a wheel strategy. The CSPs are set up more conservatively to avoid assignment, as the market is currently quite volatile. Earnings have been coming in pretty well, but with many share prices running ahead of themselves, “good” is simply not enough. Markets are expecting bigger beats and even bigger forecasts. Chip stocks like AMD will be in the spotlight in coming Wednesday’s earnings reports.
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- DeltaDrift·11-05Wow.. risky riskyLikeReport
- CaesarHicks·11-04Smart strategyLikeReport