Replies to post #377597 on SPDR S&P 500 (SPY)

[Agoura Guy]

YOU BOUGHT SHORT TERM OPTIONS, NOT 0DTE SINCE THEY EXPIRE AT THE END OF THE SAME TRADING DAY.

WITH REGULAR OPTIONS I PREFER LONG TERM TO AVOID WALL STREET'S SHORT TERM MANIPULATION.

[Agoura Guy]

WITH 0DTE THETA DECAY IS LOW ENOUGH TO TRADE BOTH CALLS AND PUTS WITH THE WINNING SIDE MORE THAN OFFSETTING THE LOSING SIDE. OF COURSE, IF YOU'RE REALLY GOOD WITH INTRA-DAY TIMING YOU CAN TRADE ONE SIDE SMASHING AND GRABBING MOMENTUM SWINGS.