I have been doing 0DTEs and i found that exiting at 1/3 of max profits in my put credit spreads worked well. It good to know that with this research I just confirmed my theory.
@sean2206 I usually choose the short strike around 30 to 45points at the opening 30 minutes. I don't really look at the delta. My good guess is this should be around 20 delta or less.
Great video. However, the last line of the slide is the single most important thing for 0dte. You take profits at 35% and let the bad losing trade stop at 150%. So you need 5 winning trades for 1 losing trade to be break even at EOD. Building a strategy around this is important than testing just the PT.
Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Great video. Any data comparing which pairing of delta and profit percentage did the best? I’ve been trading 30 delta iron condors closed at 25% of premium with a hard stop at 11:30 eastern, win or lose. My worst losers have been around 25% of theoretical max loss and most winners have been around 5% of max loss.
Nobody is mentioning how the graphs didn’t have the same axes. The 50 delta strangles didn’t seem to go negative at all really. There were only a few blips below zero. All of the others started in the negative
@@ronhall9674lol this is the point I’m always making when talking to my friends who do nothing. No TA, no hedging, no profit targets. Just what they think is “fundamental analysis”. They argue they’re not trading, they’re holding. Till when!? When do you buy? Why? When do you cut your losses!?!? Where’s your risk mgmt!?!? Also, anyone who thinks fundamentals and valuations are moving the market is ignorant.
I have been doing 0DTEs and i found that exiting at 1/3 of max profits in my put credit spreads worked well. It good to know that with this research I just confirmed my theory.
how much delta u sold? 20 delta strike price?
@sean2206 I usually choose the short strike around 30 to 45points at the opening 30 minutes. I don't really look at the delta. My good guess is this should be around 20 delta or less.
Great video. However, the last line of the slide is the single most important thing for 0dte.
You take profits at 35% and let the bad losing trade stop at 150%. So you need 5 winning trades for 1 losing trade to be break even at EOD. Building a strategy around this is important than testing just the PT.
Thanks for sharing such valuable information! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
Great video. Any data comparing which pairing of delta and profit percentage did the best? I’ve been trading 30 delta iron condors closed at 25% of premium with a hard stop at 11:30 eastern, win or lose. My worst losers have been around 25% of theoretical max loss and most winners have been around 5% of max loss.
Well, today was one of those BIG HAIRCUT days! Defined risk but nearly all in every market I trade got under water.
Nobody is mentioning how the graphs didn’t have the same axes. The 50 delta strangles didn’t seem to go negative at all really. There were only a few blips below zero. All of the others started in the negative
KInda makes sense... the further you are from the money... the more leeway you have to not get hit.
Sitting! 💚👸🏾💚
strangle or straddle ?
They're selling naked strangles.
They like selling strangles but looks like the study was done buying straddles
@@mav2553 straddle doesn't make sense - how does delta come into play ?
I assume strangles else it don't make sense
After deducting the cost for wings and fees, you end up in negative. I surprised this is not mentioned in the Takeaways.
is an example for straddle cumulative, not for strangle! show us!🐴
all of this is propaganda to make sure you don't do the wise thing, which is buy and hold. Really rich people don't froth at the screen.
Are you meaning buy and hold forever? Or are you following buy and sell rules?.
@@ronhall9674lol this is the point I’m always making when talking to my friends who do nothing. No TA, no hedging, no profit targets. Just what they think is “fundamental analysis”.
They argue they’re not trading, they’re holding.
Till when!?
When do you buy?
Why?
When do you cut your losses!?!?
Where’s your risk mgmt!?!?
Also, anyone who thinks fundamentals and valuations are moving the market is ignorant.