Aggressive 0.16 Delta start - 0 DTE SPX Call Spread

Mar 31

-5590 +5595

Normally I don't do Sell Side at such a high Delta, but SPX is crashing hard, technicals are hard to deny atm, taking advantage. Short term 0 DTE trade.

15% gain in premium.

Mar 31

Trade closed manually

Closed early to lock in 4.5% gain :)

Quick win, fast day trade - within 1 hour.

Mar 31

Note

Glad I closed this aggressive play out early today, as price has surprisingly bounced back hard.