SPX 0dte Trading - Another Squeeze Another Butterfly
💡 SPX 0dte Trading - Oct 3’22 3690 10 Wide Butterfly
Debit: $30
Max Profit: $970
Risk/Reward: 1:31
Exact same setup as our Wednesday play last week which led to a pin and of course huge profits. (linked below)
As per our morning note:
"We think upside risk is elevated as indicators suggest that this market is now deeply oversold on a short term basis. In addition with the removal of puts from Fridays OpEX, short covering and a decline in implied volatility could provide a boost to equities."
ADD bullish extremes (+2000) and the sharp move lower in US Treasury Yields/DXY also helped lift markets
Entry signal at 9:43 AM as seen on the chart.
Debit: $30
Max Profit: $970
Risk/Reward: 1:31
Exact same setup as our Wednesday play last week which led to a pin and of course huge profits. (linked below)
As per our morning note:
"We think upside risk is elevated as indicators suggest that this market is now deeply oversold on a short term basis. In addition with the removal of puts from Fridays OpEX, short covering and a decline in implied volatility could provide a boost to equities."
ADD bullish extremes (+2000) and the sharp move lower in US Treasury Yields/DXY also helped lift markets
Entry signal at 9:43 AM as seen on the chart.
交易結束：目標達成
Scaled out $200Holding partial for potential pin
交易結束：目標達成
Out $400
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。