Been trading 0dte SPX for the last year and everyone says “never trade the open” but when you wait, the premiums are trash later in the day and you have to get much narrower. True, volatility is a little higher in the morning but so are premiums and the width you can get, typically if you can survive the first 30-45 mins, you are in the clear.
I’ve gotten killed in the past waiting later to open 0dte later in the day because of how low premiums are.
0dte, never trade the open. Just wait for trash premiums and narrower widths instead. Right?!
byu/Soggy_Builder_84 inoptions
Posted by Soggy_Builder_84