0DTE SPX Credit Spreads — High Win Rate with Strict Rules
r/optionsoptions0DTE (same day)by reddit_community
0DTE SPX put credit spreads at 10 delta, $5 wide. Open at market open. 80-85% WR. Close at 75% profit or 200% loss. Max 5% account risk per day.
ENTRY RULES
Sell SPX put spread at 10 delta at 9:35 AM ET | $5 wide wings | Minimum $0.50 credit per spread | Skip on FOMC/CPI/NFP days | Check VIX — avoid if VIX > 25
EXIT RULES
Close at 75% of max profit | Stop loss at 2x credit received (200% of premium) | Close all positions by 3:30 PM regardless | If SPX drops 1% intraday, close immediately | Max daily loss = 5% of account
INDICATORS
DeltaVIXSPX Price Action
ORIGINAL POST
456
r/optionsposted by reddit_community
0DTE SPX Credit Spreads — High Win Rate with Strict Rules
Trading 0DTE SPX credit spreads with strict mechanical rules. Sell put spreads at 10 delta (about 0.8-1% OTM) with $5 wings at market open. Collect $0.50-$1.00 per spread. Win rate approximately 80-85% but losses can be large. Risk management critical: never risk more than 5% of account per day, close at 200% of credit received (2x stop), and take profits at 75% of max.
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