Video

Confusing trade explanation ... you need to include the expiration roll in your commentary - not just the strikes.

Hi. Please Deno on 1 chart . When looking at feom a phone you can see what your doing.

It's comprehensive insights. Thank you ❤

Ummmm , This here is totally misleading and please correct me if I am wrong. Your math is not working out. You received -0.85 ($85) in credit at trade open. You paid +3.25 ($325) to close the debit side of the trade. 325- (85 credit)= $240 paid. You rolled the credit spread to collect another $0.25 ($25) . Now your out-of-pocket is $240-($25)= $215. If SPX never comes back to 4290 by May 2nd- you are out $2500 - $240 = $2260. Your 4315-4290 Short Put spread is ITM below SPX 4290 with the $2500 wide spread and you only collected total of $110. If it does come back and crosses over 4315 you still are at a loss of $215 paid to close the debit trade and minus what you collected. A BEAR CALL spread to collect more credit should have been a better strategy. IMO. Thanks.

Thank you, I have been reviewing alot of 0DTE strategies, and people tend to acknowledge that market changes dictate changes/tweaks in strategies, so did it change for you in late 2024?

Why not wait until 1030 am and enter an iron butterfly. I then always exit my position at 12 Noon. If volatility increases from open to 10:30am I don't put a trade on. Same with VOLD. If it's higher than 2 no trade

I wait until the Vol happens in the morning and take a 20 -30 delta credit with the trend The actual risk is much lower than the delta in most cases. You can walk away with hundreds everyday as long as thereis reasonable IV in the market. placing trades at the open is a direction gamble. except the market to move near any condor position with in the first 90 mins. Vol is not always price action so you can get good deal mid morning and plenty of decay. Much less management. plus you can double the contract later for extra premium. I don't like condors usually bc of Put skew and constant adjustment.

Did you close or trade got expired with large profits ? Did it work ? You never talk about that . What is final result ???

So what was the final profit on this trade?

Newbie here. Best videos i found yet by far. Thankyou.

TOS is not allowing to place Stoploss and stoploss limit orders for ES options

Hi. Great video. In risk reward analysis , you calculated the risk for the ES credit spread as $437.50. My calculation shows the risk should be $687.50. Here’s my calculation: the spread between the strikes is 15 points (3715 - 3700), and each point is worth $50, so 15 * $50 = $750. Subtracting the $62.50 credit, the risk is $750 - $62.50 = $687.50. Can you explain how you arrived at $437.50?

way to many um's and uh's to keep my attention....Not trying to be critical but when publishing, please listen to how you sound before publishing. I did finally get it but also, make it on one screen so it is more visible, please

Affirmation: I am quickly and easily becoming a trader that no longer takes large losses but consistently trades according to a proven trade plan that is profitable over time allowing me to grow your account month over month 6:11

Image very blurred. Good to have arrows to show where action is taking place for ease of follow.

Last week on spx i cashed at 60% for 2500. First time in 3 weeks since back testing every day and it exp at 99%. Yes butterfly is hard to capture 100% and it shouldn’t be your TP. Also when you see that you had to risk say 6000 to make max of 2500. If you are on the losing end it lost is not goign to be near 6k unless that day had news and even that wont get to there. SPX has to move over 120 points for you to get near max lose. I been trading live this past week after two weeks back test. I have yet to go red on any of my trades when I close out. Friday was scary because I was up 2500 just to reverse and go red -2500. Glad I was patient because I gave it time to come down and captured 60%. My goal is 55% ideallly and anything more is icing on the cake. The faster it moves to that % faster i close the trade. Now maybe there will be a day where market is very sideways I might take my chances at let it exp. The 3 weeks I observed exp. The lower profit was $900 until this past week. It was a Wednesday before close. Trade was up 70% and ends up green $5. I think I am on to something with how im trading spx and im happy that im discipline enough now. So for the people that say you are risking tooo and the RR is not great, just know its hard to expect max profit and also hard to expect max lost.

Please don't try to talk around for too long.

What platform can i do spreads on futures?

Do options on Futures work the same way as stock options?

This was a REALLY good video. I have listened to other channels talking about rolling and such, but they did not give good examples. He actually showed each trade and how he was able to widen and lower each time. As a person who started 7 DTE trades 6 months ago, I stopped doing them after I encountered a downward move on 2 seperate occasions. They were nowhere near as bad as what he showed hear. I got outvof each of these from anywhere to $500 - $1000 losses. In both cases the market retracted within 1 week. The key 5o this is understanding what is your statistical advantage. Over the course of a week the probablility of SPX having a 2 x Expected Move (for example 70 pts is low... like less than 10%). And the probability of that happening on multiple days back to back is half of that. And it staying there is even lower. The key is that you roll BEFORE your short prices are breached so you can still get a credit while lowering the strikes and widening the wings. I would advise people to just observe and follow the SPX for 2-3 weeks before starting this. You will get a feel for normal moves. Once you actually trade, do this with just 1 contract and have at least 5k (for adjustments).

Do you post broker PnL somewhere? i would like to see it before subscribing. Thanks alot.

What time of the day do you usually roll these 0dte spreads? Because it's hard to close them as it gets close to 4pm due to lack of liquidity.

Hi I have a question: assume the 0dte bull put spread is ITM, but just barely, and it's only 15 minutes before market close. What's the best way of preventing/hedging the risk that the market crash in the last 15 minutes and destroy my ITM spread? It's too late to close this 0dte spread as the market is about to close and there isn't enough liquidity for this particular spread. Should I open a 1dte bear call spread as a hedge? What would you do?

Hi, I am interested in how you chose the strikes. The first two appear to be 200 points away from market. The numbers are very small and it is hard to read across and get an exact figure--I would like to have been able to follow where the market price was at each trade...trying to get a handle on the math and what motivates your rolling specific trades and how far away you go from the market price. I appreciate the videos. Thank you. Steven

Hi Al. Thank you for the video. Here you mention roll when 20-40 pts away (depending on volatility I think of VIX) from market (current price). In a later video--I think a couple years later--you mention roll when 5-10 away from market. A reason is (I think) a better credit when 20-40 away. Am I misunderstanding, or did you give two different roll points: one 5-10 and one 20-40. Thank you, steven

Helpful videos. I would like to see the market price (at the transaction time) listed in addition to the noted transaction time and spread info because I am always curious how far the short strike is away from the current price (market). steven

How can 2 contracts of SPX 0 DTE daily (with a premium of ~ 0.6) make $14,552 in less than 2 months ??!! Please clarify.

How can 2 contracts of SPX 0 DTE daily (of target premium of ~ 0.6) make $14,552 in less than 2 months ???!!!! Please clarify

Exactly what I needed. Straight to the point, thank you!

Thanks

Hi Al, thanks for the very helpful video! One question: for a bearish spread 1-DTE that is deep ITM, would you try to roll it or just close it and take the loss? Thanks again🙏

❤❤❤

Thanks for your video. I do wish you wouldn't use the "bull spread" and "bear spread" terms. Ambiguous (to me at least) Seems much more clear to say "put credit spread" or "call debit spread" ETC. Just my opinion. Thanks

How about 0.02 delta you can make the same $ but selling the put much further out but not buying the lower put?

Higher Highs, Higher lows UPTREND, Lower highs , lower lows DOWNTREND

rolling means he closed out one side of the trade and started another one...big deal...

🎯 Key Takeaways for quick navigation: 00:00 *📈 Introduction to Zero DTE SPX Credit Spreads* - Learning to profit consistently using zero DTE SPX credit spreads. - Understanding the importance of discipline and risk management in day trading. - Exploring strategies for selecting strikes, managing threatened trades, and handling cash in trading. 03:11 *📊 Factors Affecting Profitability in Zero DTE Trades* - Profitability factors including implied volatility, Theta decay, and market direction. - Importance of placing trades at market open to capitalize on high implied volatility. - Managing trades based on market trends and taking profits before expiration. 07:00 *🔍 Risk Management Guidelines and Daily Routines* - Trading with a well-defined plan including entry, exit, and stop-loss criteria. - Managing risk by limiting trade size, setting maximum loss thresholds, and positioning trades based on market trends. - Establishing pre-market and post-market routines for trade preparation and review. 11:00 *🔄 Entry, Exit, and Adjustment Guidelines for Zero DTE Trades* - Guidelines for entering trades within minutes of market open and selecting appropriate spread widths and premium targets. - Strategies for taking profits, closing positions, or rolling trades based on market conditions and trade threats. - Adjusting positions by rolling, widening spreads, or closing trades to manage risk and maximize profitability. 20:18 *🔄 Rolling in-the-money credit spreads* - Rolling in-the-money credit spreads can be costly. 21:55 *📅 Rolling out-of-the-money zero DTE spreads* - Rolling out-of-the-money spreads to the next day allows for additional distance. - Rolling out a week doesn't provide as much distance as rolling to the next day. 22:50 *🔄 Rolling strategies for additional distance* - Rolling wide can provide additional distance. - Rolling a trade and adding a bear spread can fund the roll and increase safety. 23:31 *🔃 Example of rolling trades* - Demonstrates rolling a trade multiple times to adjust and maintain profitability. - Each roll provides more room for the trade to move and increases safety. 25:12 *📈 Performance and profitability of zero DTE trades* - Zero DTE trades have been consistently profitable since 2019. - Using disciplined trading methods, even with one contract, can yield significant weekly returns. 26:19 *💡 Advice on trading strategies and commitment* - Focus and discipline on one trade strategy can lead to consistent growth. - Success in trading requires commitment, discipline, and having an edge. 27:01 *📧 Free newsletter for trade insights* - A free newsletter provides insights into daily trades and market conditions. - Educational resources and trade alerts are included in the newsletter. Made with HARPA AI

🎯 Key Takeaways for quick navigation: 00:00 *📉 Market Analysis and Options Trading Strategy* - Observing market fluctuations and preparing to trade options based on market movements. - Placing call and put options based on current market prices and premium values. - Adjusting positions to optimize trading strategy and hoping for a steady sideways market movement. Made with HARPA AI

That trade explanation was very confusing. It seemed like you were pushing the trade out further every time you were saying you rolled it. Meaning it’s not really a 7DTE iron condor it’s more of a continual iron condor or is there times that you let the contracts expire without moving them?

📚🙏🏾

So these are NOT 0 DTE trades. You are taking a loss in your rolling and going out 1-3 days to re-establish the position.

How many times are you going to say: Uh, Ur, Um etc?....so annoying

Just seeing this clip, will watch full later, don’t delete. Thanks

I'm not sure if it's intentional, but it's not possible to view the chat replay, so I don't see the link you gave to join the waitlist. Your website (using the link for the trading course) doesn't have a menu to get to the waitlist sign-up form. So, FYI, in case its not intentional... anyone seeing this video after the live stream has no way to respond. At approximately 28:00 minutes, you said you're going to be opening the wait list first week in November, but this video came out on Feb 20th. Does it really take that long (9 months)? And, are you expecting people to pay while they're on the waitlist? You seem sincere and not cheesy like so many who have trading rooms, and I've actually been paper trading a strategy similar to yours and have been profitable. I'm interested in learning more and some coaching, but I would not pay money to be on a waitlist.

Thanks for sharing Al. Do all your kids trade as well? What was your approach in teaching kids about finance in general and investing & trading specifically?

SOS is a phenomenal trade service. I learned so much being a part of the service that I was able to fly on my own. Yet I still get emails from Al that are very informative all the time. Of all the trade services I tried, this is definitely the one I was looking for to find a consistent strategy to trade with.

Please make a video choosing between doing the 7dte or your 0dte.

Download my Free SPX Trade Plan: bit.ly/3fH2Oiy

Give the video to a philippino to edit out all the "ehm" ;-)

Are you from Puerto Rico? I am from the island