@RealSPXSniper I hesitate instead of riding the trend, let the best opportunities pass me by, and then end up losing money play puts. Days like this leave me feeling even more down.
@RealSPXSniper strong trend day like today, I managed to wipe out almost all of my overnight call profits by taking put positions several times. Looking back at my trading records, I actually suffer bigger losses on clean trend days. It's always the same pattern.
Sniper's $SPX 0DTE Tactical Plan for Sep 04, 2026
Learn to make $1K a day with proper risk mgmt. using these institutional levels.
$SPY traders can use the exact same levels with 2-point OTM strikes.
Market Environment:
SPX Spot: 7729
Prior Close: 7747 → modest gap down
0DTE ATM IV: 18.3% ( slightly rich )
ATM Straddle: $32 → market pricing roughly ±32 points
Implied range: ~7697 - 7761
If SPX Goes up:
Call trigger: 7742
I need 5-min acceptance above 7742..
Stop: 5-min close below 7734
Then follow the chart.
If SPX Goes Down:
Put trigger: 7725
I need 5-min acceptance below 7725
Stop: 5-min close back above 7733
Then follow the chart.
Sideways:
With SPX ~7729, 18.3% IV, a $32 0DTE straddle, and the dialers positioning, I prefer keeping the shorts comfortably outside the implied move.
Premarket had decent premium.
Short Condor Idea: 7780/7795 Short calls, 7685/7670 short puts
AND YOU ALL KNOW WHAT TO DO ON FRIDAYS..
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#SPX #SPY #0DTE #1DTE #Options #TQQQ
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$SPY $QQQ
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