Option Selling Strategy for Daily Income [ Using only $1,000]

[@GiJoeVideo]

Great video and concept strategy for the iron condor based on the ORB. I follow an ex-market maker who mentioned how SPY/SPX expected move is determined based on VIX level and then I created an indicator based on this. I can see an opportunity to incorporate the ORB as the basis to determine the best levels. With a quick back test, I see tremendous potential here. Thanks again.

[@abeg9041]

It would be good to mention the day trading rules for those with smaller accounts. They will only be able to close 3 of these a week

[@chrispuentebella5825]

Agreed or else you permanently flagged as a pattern day trader

[@WunderVile]

When day trading SPX options in a cash account, the primary rule is that you can only trade with settled funds, meaning you must fully pay for any option contract before selling it, and the Pattern Day Trader (PDT) rule does not apply, allowing you to execute multiple day trades without a minimum account balance requirement;

[@christopherchin8383]

@@WunderVile Spreads and uncovered options cannot be traded in a cash account. So how do you day trade SPX options using Matt's spread strategy?

[@RamanJohnson]

@@christopherchin8383 You basically can only do this twice (per credit spread) per week in Robinhood and spread the trades 5 days apart. Not sure about other brokers

[@sisez9721]

Can you show us you doing this on a real trade all 2 that will help people learn alot

[@investmentgains]

It's not difficult, I showcased this strategy in realtime in my video yesterday

[@tylerjustice9541]

Crazy how robinhood just enabled spx options trading the day after you dropped this video

[@CannaKen]

I got a few leaps on SMST, now I'm down, and beginning to wonder if it will recover.

[@EricA-g8p]

Really waiting for a follow up video ...many of these shorts I've entered into off these videos are looking rough... Would love to know if he's doubling down

[@boxers41]

Can i ask a dumb question. What app or website is he using to see the calls/puts along with breakeven, chance of profit etc?. What im talking about is at 3:05 in the video

[@Martin-kd3fg]

Optionstrat

[@sandynojutsu]

Optionstrat

[@roobn3536]

OptionStrat

[@mikerichards4155]

Nice my friend!

[@mohammedali-jd5kf]

Great video

[@sinweiy]

commissions for iron condor is quite high

[@sharaviagoodwater9142]

❤❤🤑🤑🤑🤑