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0 DTE SPX options are unique because they expire daily. For options traders, this means it's possible to take advantage of quick maturation of butterflies, iron condors, and more. This is especially the case during the last 45 minutes of the trading session, when market movement is generally more and it can be read with more clarity using market internals.

Identifying a method to trade 0 DTE SPX options involves getting the strikes and direction correct, along with selecting an options strategy.

In today's example, the market was choppy, and I expected it to stay around a "pinning strike," which was 5050. Therefore, I decided to sell a neutral iron condor, so I could take advantage of the rapid theta decay that occurs until the 0 DTE options expire.

To come trade with me, join me in the Simpler Central trading room:
https://www.simplertrading.com/simple...
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