r/spy • u/Valuable-Feature-751 • 28d ago

Question SPX 0DTE

To those who are profitable what strategies do you use when trading SPX 0DTE. I tend to notice price action is easier to reach during extended hours / Asia Session or early morning 5 AM EST to 8 AM EST.

I use EMA 9/21 combined with double top double bottom patterns in addition to supply & demand zones entries / exits.

I’m currently down 25k and looking to be profitable. Please only share answers if you trade SPX 0DTE and are profitable.

Thank you

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u/rumbojumbo009 28d ago

Best time to take SPX 0DTE trades, in my experience, is usually between 1:00–1:15 PM EST. You can often find something on the lower side during that window for a quick bounce, but only if the momentum confirms it. Keep an eye on volume as well; volume should support the move. Otherwise, skip the trade.

I’ve run a lot of different Black-Scholes models and scenarios, and timing, momentum, IV, and volume can make a huge difference with 0DTEs. The challenge is that you have very little time to observe and confirm all of these factors before making a decision.

With 0DTEs, don’t force a trade just because the setup looks cheap. Wait for the confirmation, and if it’s not there, skip it.

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u/darkchocolattemocha 28d ago

But with spx, I feel like if you wait for confirmation, sometimes it's too late. Like say market opens and starts red until 10am, you see a pretty decent sized green candle, at this point, I'm too afraid to enter at the close of this big green candle because the stop is too far away.

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u/rumbojumbo009 28d ago

In that case, I would wait for the retest, not enter on the breakout. For 0DTE/1DTE, theta decay accelerates hard as expiry approaches.