SPX 0DTE Iron Butterfly | Small Options Account

Описание: I finally decided to try out the SPX Iron Butterfly, and man I am enjoying it a lot so far. You can have a greater risk to reward ratio, granted the conditions are right. I want to dial this in and add it as another one of my trading strategies in my tool belt. I first heard about this strategy as the Jim Olson Iron Fly, or JOIF, and modified it slightly to see what kind of results I can yield. Check out the video to see my results so far!

If you want to make your own copy of the spreadsheet that I made, here is the link to it! All I ask in return is a like on the video and that you are subscribed to my channel. Enjoy!

https://docs.google.com/spreadsheets/...

0:00 SPX Iron Butterfly
0:39 JOIF
1:20 Risk Graph
1:53 Tracker
2:30 1st Trade
6:24 2nd Trade
8:12 3rd Trade
10:45 Summary

I am still trading the SPX 0DTE options strategy. This involves selling credit spreads on the day of expiration on the SPX index. Trading the SPX is a very beneficial strategy to use for traders with small accounts. You can manage risk easily and can make significant profit with very little capital, all you need is the discipline to stay with it. SPX also receives a special tax treatment under section 1256 of the tax code, whereas even though it was considered a short term trade, 60% of your profit will be taxed at long term capital gains and only 40% will be taxed at short term capital gains. SPX also benefits from being a European style option which means that it cannot be exercised early, and it is also cash settled so you cannot lose more than the collateral you put up in the beginning of the trade.

Credit Spreads:    • SMALL ACCOUNT OPTION STRATEGY | Credit Spr...  
Iron Condors:    • IRON CONDOR OPTION STRATEGY EXPLAINED | Ho...  

Let me know below what you would like more clarification on or what you would like to see in a future video!

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DISCLAIMER: I am not a certified financial advisor, nothing presented in this video is a recommendation on what you should buy or sell. Trade at your own risk. This video is for entertainment purposes only.

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