SPXSniper

Ex-US Army Combat Medic (E-5). SPX Strategist 🪖
Giving away my institutional data reading & daily SPX Tactical Plans for FREE. 📉
Disciplined. Self-made. 🇺🇸

[SPXSniper @RealSPXSniper]

Sniper's $SPX 0-DTE Tactical Plan for May 14th 2026

Market Environment:
SPX 7466 gapped up from 7444 (+22). ATM IV 16.9% with expected move ±29.
Major Call Wall: 7500
Dealer's floor: 7390.
Gap-up near expected move highs = avoid chasing. Positive gamma may keep price sticky until key levels break.

[SPXSniper @RealSPXSniper]

@JohnProv1 Hey John how you doing buddy? How is everything with you?

[SPXSniper @RealSPXSniper]

It's all good, buddy. Today turned into a strong directional selloff, but nobody expected a sudden 2% flush. I was looking for a recovery too, but once 7500 was lost, selling pressure accelerated. Condor sellers and dip buyers got hit hard. I would've been a victim too if I hadn't managed my position tactically.

[SPXSniper @RealSPXSniper]

End of the Day Review:

SPX flushed nearly 200 points from yesterday’s close. Almost every dip-buying attempt got punished today. I tried a few bullish call plays and bull put spreads for bounce setups, but they all failed.

Thankfully, I was still holding my 7450 SPX swing put from last week and closed that for another +$2.1K gain.

It was a difficult trading day overall. Premiums were expensive, volatility expanded quickly, and even experienced dip buyers got trapped.

One of the biggest wins today was cutting my short iron condor early for a controlled loss. If I had held and hoped, the damage could’ve been much worse.

Finished the day up +$5.7K.

Most importantly, my overall plan worked exactly as intended. On days like this, following the plan and managing risk matters far more than forcing trades.

Very grateful for the outcome today.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer Just closed it for a $2.1K gain. This position was red for a while, so I didn’t want to hold too long with next week’s expiration approaching.
Still holding another small bear put spread 6500/6000 and letting that one play out.

[SPXSniper @RealSPXSniper]

@Syed_Raza_Ali You the man Syed! clean win.

[SPXSniper @RealSPXSniper]

Sniper's SPX 0DTE Tactical Plan for June 5, 2026

SPX spot 7540 after gapping down from 7584.

Today’s key inflection sits at 7570.

0DTE ATM IV: 17.4%
Expected move : 30 pts

Market environment favors patience today. Likely range-bound unless dealers are forced to aggressively hedge outside key levels.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer Man they were not supposed to push $SPX this low. What the hell….

[SPXSniper @RealSPXSniper]

How you trade Sniper's Levels? (Asked via DM)

Today SPX opened below 7545. Our PUT trigger level. That immediately told us puts were in play. But opening below the trigger alone is not enough to blindly buy puts.

The real confirmation came on the second 5-min candle:
- 7530 (our DT2 level) broke with force. SPX moved nearly 14 points quickly on that second 5- min candle.

- The next 5-min candle opened below 7530

- ATM SPX vol started expanding higher

When you see price acceptance below key levels combined with rising vol, that’s when you MUST take calculated action. Use stop loss but get in the game if you want to become a real winning trader.

Otherwise, your ideas will always stay ideas.
Trust me many traders have great ideas.
The traders who can turn ideas into execution are the one who make money.

[SPXSniper @RealSPXSniper]

How you trade Sniper's Levels? (Asked via DM)

Today SPX opened below 7545. Our PUT trigger level. That immediately told us puts were in play. But opening below the trigger alone is not enough to blindly buy puts.

The real confirmation came on the second 5-min candle:
- 7530 (our DT2 level) broke with force. SPX moved nearly 14 points quickly on that second 5- min candle.

- The next 5-min candle opened below 7530

- ATM SPX vol started expanding higher

When you see price acceptance below key levels combined with rising vol, that’s when you MUST take calculated action. Use stop loss but get in the game if you want to become a real winning trader.

Otherwise, your ideas will always stay ideas.
Trust me many traders have great ideas.
The traders who can turn ideas into execution are the one who make money.

[SPXSniper @RealSPXSniper]

Shorted 7420/7400 put spread for $1.9 credit.

[SPXSniper @RealSPXSniper]

@banquetsbetter another short put OPP. 7420/7400 is paying 2. I like it.

[SPXSniper @RealSPXSniper]

Midday Review:
Started with a premarket SPX short IC for decent premium.

TSLA 425 0DTE calls failed early for -$1.4K. I trade TSLA calls every Friday.
Switched to SPX puts below 7530 → +$2.8K.

Closed the IC for a controlled loss (-$1K) and added 7490 puts as weakness continued → +$6.7K.

Tried a 7525/7550 call spread near 7500 support, but SPX failed to hold 7510 → closed for -$1K.
Overall: +$6K so far.

Biggest win today:
- Cutting the IC early. Would be in huge trouble now.
- Risk management always comes first.

[SPXSniper @RealSPXSniper]

@banquetsbetter They did, Emily. I simply followed my levels. Opening below our put trigger gave me strong confidence in the downside move. It was a much better risk to take than forcing a short IC today.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer Decent week for me so far despite the emotional pain. Still holding 1 SPX swing put expiring next Friday, currently down about $3K.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer I’m all out now. Didn’t fully trust the IC today mainly because of yesterday’s trauma 😂 Hope it works out for you though.

[SPXSniper @RealSPXSniper]

@GildFinn No buddy, I said long calls. I took long calls, and they lost me money. I trade TSLA long calls every Friday.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer BRO............. the hell

[SPXSniper @RealSPXSniper]

@0ptionsEngineer Monitor the short calls on your IC closely.

[SPXSniper @RealSPXSniper]

@0ptionsEngineer If we hold 7540 in the PM, upside can be brutal. That’s my take.