10/22/2026
SPX 0DTE Recap | 10/21
Session P/L $265 🟢
MTD P/L $1706 🟢
Another good session. Today was a VIX expiration day, so I spent the morning observing before placing any trade.
Once SPX stabilized after forming the low and high of the day with strong bullish price action, I opened a $15 wide 7760 iron fly.
The index then dropped sharply to the low 7640s in the final 90 minutes. I expected support to hold, so I sold put spreads and collected a decent credit. As the index kept falling, I sold an in-the-money put spread, which improved the overall risk:reward of the book.
Once SPX recovered above 7750, I closed everything for a $265 profit on the day.
Had I left the put spreads to expire, the profit would have been north of $1300. That looks disappointing on paper, but I am comfortable taking clean wins day after day. VIX expiry flow and dealer hedging of the options exposure also added risk into the close, so I preferred not to carry it.
Overall, a decent day as the profits pass $1700 on this $5K small account dedicated to SPX.
The trade log and month-to-date stats are attached below.
Two sessions are left this week, and I am looking to close it higher. Let's see how it goes.
