Enter your premium and campaign size to see exact dollar targets before you click buy. Know your numbers before you enter.
Delta estimate only. Actual moves vary based on IV, time to expiry, and market conditions.
Run these 5 checks before every entry. Your position size follows from how many you can confirm. No shortcuts.
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✓First touch of the level todayFirst touch = freshest orders = sharpest reaction. Second touch = drop one tier in size. Third touch = skip entirely.
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✓Fast move in ($2+ in under 30 min)Big fast approach = momentum exhaustion = high conviction bounce. Slow grind in = weak reaction expected. Skip or reduce.
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✓RSI confirming on 1-min chartRSI above 70 at resistance = puts. RSI below 30 at support = calls. RSI between 30-70 = no confirmation = no trade.
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✓Inside the trading window (before 8:15am PST)After 8:15am PST your edge disappears. Volume thins. Theta accelerates. Every trade past this window is a risk management failure.
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✓Bracket order ready to set immediately after fill+20% take profit. -12.5% stop loss. Set the moment you are filled. Not after. Not during. Immediately. The platform enforces what emotions can't.
Enter your setup details and get an instant A+ to Skip grade with exact sizing guidance. Run this before every trade.
See exactly how a 0DTE option loses value through the trading day — even when SPY doesn't move. This is why you close at 8:15am PST.
Approximation based on standard 0DTE theta decay model. Actual decay varies with IV and moneyness. The window shading shows your trading window (6:30–8:15am PST).
Fill this out before 6:30am PST every single session. Do not open the trading platform until this is complete.
Log your practice sessions before going live. Track your win rate and P&L. 30 clean paper sessions before real money.
Not guidelines. Not suggestions. Rules. Every session. No exceptions. Print this and put it next to your screen.
- 01 Write the plan before the session. Level, strike, stop, target — before the platform opens. Not after. If you don't have a written plan you don't have a plan.
- 02 Entry only after conviction stack is confirmed. All 3 checks — first touch, fast move, RSI extreme. 1 or 2 of 3 = watch only. 3 of 3 = enter.
- 03 +20% is the exit. Take it. When your option hits +20% — close it. No hesitation. No "I think it keeps going." Theta is working against you every second you hold past target.
- 04 Never add to a losing position. Ever. Under any circumstances. A losing trade does not become a winning trade because you bought more.
- 05 Close the platform at 8:15am PST. Not minimize. Close. Your edge disappears after this window. Every trade past 8:15am is a risk management failure.
- 06 One loss = break. Two losses = reduce. Three = done. Decision quality after a losing trade is measurably worse. The daily loss limit exists to protect you from yourself.
- 07 Never chase a missed entry. Missed = $0 day. Chased = losing day. A chased entry has no level behind it. There will always be another setup tomorrow.
- 08 Set the bracket order immediately after fill. +20% TP. -12.5% SL. Before you do anything else. The platform enforces the exit your emotions will try to override.
- 09 Never move the stop loss mid-trade. Set it. Leave it. Moving a stop is an emotional decision disguised as a strategic one. It only changes how much you lose.
- 10 Know your intraday bias before the open. SPY above PDH = bullish. Below PDL = bearish. In between = neutral. Bias doesn't override the setup — it filters which ones deserve full size.
Everything written about SPY 0DTE trading by @shentrades — free to read and share.
The core framework in one place. Bookmark this page and come back every morning.