$SPY 20251118 652.0 PUT$ I’m still in the early phase of running the SPY wheel using 0DTE CSPs, and given how shaky the current sentiment feels, I’m staying cautious with my strikes. I’ve been keeping them far enough out to avoid assignment while still picking up steady premium.

Today’s position held its ground comfortably and never threatened the strike. With SPY staying well above my level into the close, the contract expired worthless — simple premium capture while keeping myself flexible for the next setup.
SPY PUT
11-19 14:06
US20251118 652.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
SPDR S&P 500 ETF Trust
# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment3

  • Top
  • Latest
  • Enid Bertha
    ·2025-11-20
    TOP
    If SPY doesn't stay above 675, there's potential for a drop. That's 617.50 for QQQ. Key levels must be maintained to continue the uptrend.

    Reply
    Report
    Fold Replies
    • mster
      NVDA’s earning has stepped in to help.
      2025-11-20
      Reply
      Report
  • BillyWilliams
    ·2025-11-19
    Solid play mate! Keep those strikes safe and premiums rolling [666]
    Reply
    Report