Sniper's $SPX 0DTE Tactical Plan for Nov 09, 2026
$SPY traders can use the exact same levels with 0 or 1 DTE 2-point OTM strikes.
Market Environment: EXTREME VOLATILITY
SPX Spot: 7448 , ATM IV: 31.9%, Straddle: 54 pts
With extremely elevated IV and poor gamma stability, expect sharp swings, violent reversals, and expensive premiums.
The options market is pricing in a 7396โ7504 range.
Today, patience and precise entries matter more than ever. Don't chase the first move!
BULLISH SCENARIO
Trigger: SPX ABOVE 7460
Wait for a 5-minute close above 7460, preferably followed by a successful retest
Stop: 5-minute acceptance back below 7450.
BEARISH SCENARIO
Trigger: SPX BELOW 7435
Wait for a 5-minute close below 7435, ideally followed by a failed reclaim.
Stop: 5-minute acceptance back above 7445.
VOLATILITY CONTRACTION IDEA:
Allow the first 20โ30 minutes to establish a trading range.
Consider a small, defined-risk iron condor outside that range only if price stabilizes.
Will post the short IC later.
Expensive premiums mean we need precise entries and disciplined exits. One wrong trade can become costly very quickly.
Like, Share, bookmark and Follow @RealSPXSniper and turn on notifications ๐ for live updates.
@real_shirelass This is the govt saying do it or else. This is their warning. I have this feeling this is spread through the ether intentionally.
Can you believe the government warning us about this for our safety. If not then then what entity has this reach
@Hero_OfThe_Day Who cares. This is the coliseum. Itโs work for him at this point where is the joy for him when everyone just wants a piece of his skin, cloth, presence? While 5 minutes ago he was just arguing with a fan. Nice click bait and I donโt even fw lebron. Jordanโs the best