SPY Calls Going Sideways All Day
Continuing the daily endeavor to ride the volatility with SPY 0DTE or 1DTE calls/puts options. (Today was too much headache for my taste )
an extremely choppy day for options with the S&P fluctuating all day long without a clear trend up or down.
Had to Avg. a few times intraday to make some gains which is why the investment value is elevated today, but managed to net out +9.7% return despite the rollercoaster ride. (Smart thing to do was sit it out after the first 1 or 2 trades, but got a little greedy 🥴)
Just to put it simply, today wasn’t the best day for this and it was NOT fun… I don’t know how you day traders do it, I absolutely hated the chase all day, was a great reminder of why I hate day trading 😅😅
We now have a lot more sample data to share with everyone on Friday as I post about the whole methodology and learnings.
Today’s Haul 5 trades (1 -ve and 4 +ve):
Total invested: $3,477.00
Total cash out: $3,815.00
Profit: +$338.00
Return: +9.72%
Started out positive then flipped and then flipped again and again.
Do not do this at home 😅
