$SPY 20251002 668.0 PUT$ 

Starting new wheel with SPY, selling 0DTE now starting with Cash Secured Put just about 0.3% away from trending value. As IV is rather low now, premium ain't That attractive. In any case this CSP expired worthless after the share price rebounded to close with a green candle.  

SPY PUT
10-03 14:16
US20251002 668.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
SPDR S&P 500 ETF Trust
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  • Ron Anne
    ·2025-10-06
    TOP
    New wheel start’s solid, but 0DTE’s risky—isn’t weekly better for safety?
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    • mster
      As I do monitor my position closely, am comfortable to managing the short term trades, I find short time frame easier to predict thus easy to manage, while longer term a little harder to predict
      2025-10-06
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  • Phyllis Strachey
    ·2025-10-06
    TOP
    0.3% strike gap’s tight—smart to avoid getting assigned too soon!
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    • mster
      Yeah. Trying to keep a distance, balancing rewards and risks.
      2025-10-06
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  • Jo Betsy
    ·2025-10-06
    TOP
    SPY’s 0DTE CSP expiring worthless—low IV’s a bummer but safe win!
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    • mster
      🙏👍
      2025-10-06
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  • DeltaDrift
    ·2025-10-04
    Full premium for this one[Miser]
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  • kokkeong
    ·2025-10-05
    Great article, would you like to share it?
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