Day Trade Idea: $SPX | $SPY
Upside: SPX 7795c | SPY 777c
Downside: SPX 7730p | SPY 771p
VIX 15.5 key level
Sideways again overnight and in the trigger box. A little bit more constructive than Monday pre-market. Will still be cautious about more sideways action with CPI on deck tomorrow and PPI Thursday.
- If we get 10m trend continuation over the long trigger, look for a move to 50% ATR and then SPX 7800.
- If we lose PDC and the pre-market lows, can retest yesterday’s lows.
Day Trade Idea: $SPX | $SPY
Upside: SPX 7800c | SPY 778c
Downside: SPX 7720p | SPY 770p
VIX 17 key level
Drifting up again overnight with clear pre-market range.
- In 10m continuation over pre-market resistance, look for another golden gate move to the midrange / SPX 7800.
- Below PDC can look for a SPY 770 revisit.
Day Trade Idea: $SPX | $SPY
Upside: SPX 7550c | SPY 753c
Downside: SPX 7500p | SPY 748p
VIX 16 key level
Gap up and consolidation overnight in clear range. Seems like the market doesn’t believe there is any material resolution to Trump-Iran yet. Looking for setups into/after data at 10 for a break of range.
- Break of pre-market high in 10m trend, and we can head toward the midrange.
- Loss of pre-market low and we can test the overnight gap / long trigger. If gap demand doesn’t hold, looking for a move to PDC.
Try this $spy 0dte rule in August:
1. follow your levels
2. buy 1-strike OTM
3. hold for 1-15 minutes max
4. rsi < 30 calls • rsi > 70 puts
5. set the bracket order every time
6. take 90% first touch setups only
7. review your trades 3-5x per week
8. be consistent and mad disciplined
9. take 100% responsibility for every loss
Save this.
You're going to make a ton of money over the next 30 days.
Day Trade Idea: $SPX | $SPY
Upside: SPX 7520c | SPY 750c
Downside: SPX 7440p | SPY 742p
$VIX 18 key level
Trying to break out of this range from Friday in pre-market. Clear resistance overhead at the key SPX 7500 level and trendline support below. Some 10m trend overnight.
- In continuation through Friday resistance and PM high / 7500, look for a golden gate to open us up for a move to the midrange, SPY 750, then +1 ATR.
- If we lose this 10m trend, can Vomy down to PDC / trendline support. Loss of trendline support and we can revisit Friday’s lows and then SPY 740.
$SPY Levels for Monday 7/20
resistance
→ $745.20
→ $747.26
→ $748.00
support
→ $742.13
→ $740.79
→ $740.01
PDH: $747.26
PDL: $740.79
bias: bearish
hold below 743.54 → we’re pressing back toward 740-742 zone
reclaim 744.65 → we’re working back toward the 745-748 zone
nobody hands you a manual when you start trading $SPY 0DTE.
here’s a few.
never drop the stop loss. ever.
only raise it to lift the floor on your profit.
get in. get out.
hold for 1-10 minutes max.
this is not a swing trade.
getting stopped is part of the strategy.
it's not a failure.
it's a reposition to a better setup.
1-min chart for entries.
RSI for timing.
whole dollar levels for structure.
stick to 2-3 trades max per session.
if you can't stop there, you'll overtrade.
and overtrading will blow every gain you built.
never oversize.
you will regret it every single time.
1-strike OTM has the best math for 0DTE.
cheap enough to afford. enough delta to move.
sweet spot is $0.75 to $1.50 premium.
you don't need a $2 move.
a $0.50 SPY reaction off a level is enough.
that's +10 to 15% on your option in minutes.
slow is fast.
small is big.
a 10% gain done right is a lot.
time is working against you the moment you enter.
theta eats your premium every minute you hold.
the longer you wait, the more SPY needs to move just to break even.
the traders who last aren't the ones who trade the most.
they're the ones who trade the best.
save this.
apparently the whole...
• marking PDH/PDL/PMH/PML
• waiting for first touch only
• confirming RSI above 70 or below 30
• checking how fast price arrived
• buying 1-strike OTM only
• setting the bracket order immediately
• closing the platform at 8:15am PST
• taking the mandatory break after a loss
• documenting every single trade
• showing up again tomorrow regardless
actually works for $SPY 0DTE.
$1,000 a month is $34/day.
$5,000 a month is $167/day.
$10,000 a month is $334/day.
$50,000 a month is $1,667/day.
$100,000 a month is $3,334/day.
Stay discipline & manage risks
Day Trade Idea: $SPX | $SPY
Upside: SPX 7500c | SPY 748c
Downside: SPX 7450p | SPY 742p
VIX 18.5 key level
Today is monthly options expiration (OPEX). Made it down to -1 ATR overnight. Can revisit on continued weakness. Recovery of PM resistance and we can get back to the D21.
It's only Tuesday and Trump has fucked up a pool for $14 Million, lost a war agreeing to pay Iran $300 Billion, and ballooned his already expensive ballroom budget by another $200 Million.
Where are the Republicans screaming about "waste, fraud and abuse"?
you're going to have the most painful loss trading $SPY 0DTE.
everyone does.
a heads up to your future self:
it's probably from oversizing.
or overtrading after a loss.
or lowering your stop mid-trade.
or revenge trading a C setup like it's an A+.
if it's all of the above at the same time.
then you already know what happened.
and you already know what you should have done.
the rules exist for that exact moment.
not for the easy days.
for that one.
save this for your future self.
the timeframe you use in $SPY 0DTE
determines how much risk you're actually taking.
save this for later.
most traders pick a chart randomly.
here's what each one actually means:
1-MIN — 1 to 15 min holds
SPY move: $0.30 to $0.80
expected option gain: +15% to +30%
theta risk: low. in and out before decay matters.
this is your entry chart for 0DTE.
5-MIN — 30 to 90 min holds
SPY move: $1.00 to $2.00
expected option gain: +20% to +50%
theta risk: moderate. option bleeding every minute you hold.
by the time it confirms the move is already underway.
10-MIN — 90+ min holds
SPY move: $2.00+
expected option gain: theoretically higher
theta risk: high. 10 min of confirmation = 10 min of decay already gone.
you need a much bigger move just to overcome the bleed.
1-HOUR — pre-market context only
use for PDH, PDL, and broader direction before open.
then close it. never trade off this intraday on 0DTE.
the math is simple:
the shorter the hold — the less SPY needs to move.
the less SPY needs to move — the higher your probability.
the higher your probability — the more consistent your results.
$0.50 on SPY in 5 minutes is realistic every single morning.
$2.00 on SPY in 90 minutes is a coin flip.
time is not your friend in 0DTE.
the 1-min chart respects that.
everything else fights it.
One of the most horrifying and brutal scenes ever captured on camera in modern history.
Israeli soldiers opened fire on thousands of starving Palestinians in Gaza as they ran in desperation trying to get a piece of food during the war on Gaza.
A moment the world must never forget.
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