Omg. That must hurt. You’ve been in this a long time so how do you handle it?

How did you survive yesterday’s meltdown?

Pls do.
So, negative for the day -1402 but not as bad as it might have been. The options normally decay to zip but today are closing ITM. Do you take the future assignment or close the put just b4 4pm?

That’s great man. When you create it and hone it for so long it becomes part of you. I was gonna ask — did this evolve from shorting SPY and using daily puts?

So u put on these trades after the cash close, to make theta overnight until expiry. Ever do the morning of?

We’ll heck…6k for less than a day’s time is no joke. Now you’ve got me hooked.

You mean a Covered Put I think, right? Short MES and selling futures puts as it goes higher. Ratio’ed since it’s not 1:1 which lowers risk exposure? Do I have it?

optionalpha.com/strategies/c...

Ok so this is options on futures. Prob out of my league. Is there a name for this strategy I can read up on? Thx for the screenshot!

I’ve been looking for a 0dte play. Do you care to elaborate on your approach? Have you posted it elsewhere?