*Closed out the 4255/4260 Bear Call at 0.10, 82% Profit Captured. Re-wrote expecting continuation to the downside.
SPX 0dte Income Trading June 11
$4242.9 | SPX Opening Price
$19.00 | Expected Range
π‘ SPX June 11β21 4245/4250 Bear Call Spread
$95 | Premium Received (per contract)
$450 | Buying Power Required (per contract)
74% | Probability of Profit (at entry)
11:40 AM | Time of Entry
______________________
β If you found this idea useful, hit the like button, follow & share.
β Follow for swing ideas, trade setups and weekly 0DTE income trades.
β Don't hesitate to post comments, opinions and questions.
______________________
π DISCLAIMER
Stocks, futures and options trading involves substantial risk and can result in losses greater than the original investment. None of the content published by cmacgowan constitutes a recommendation that any particular security, portfolio of securities, transaction or trading strategy is suitable for any specific person. All information is for educational purposes only.
SPX 0dte Income Trading June 11
$4242.9 | SPX Opening Price
$19.00 | Expected Range
π‘ SPX June 11β21 4245/4250 Bear Call Spread
$95 | Premium Received (per contract)
$450 | Buying Power Required (per contract)
74% | Probability of Profit (at entry)
11:40 AM | Time of Entry
______________________
β If you found this idea useful, hit the like button, follow & share.
β Follow for swing ideas, trade setups and weekly 0DTE income trades.
β Don't hesitate to post comments, opinions and questions.
______________________
π DISCLAIMER
Stocks, futures and options trading involves substantial risk and can result in losses greater than the original investment. None of the content published by cmacgowan constitutes a recommendation that any particular security, portfolio of securities, transaction or trading strategy is suitable for any specific person. All information is for educational purposes only.