The BEST 0DTE Strategies for Profit with Tom Sosnoff | Make 100% Daily

[@martink7713]

06:37 SPX, SPY, XSP? 10:45 Strategy naked? 16:40 Delta 16 to 20 vs 1DTE Expected Move 22:50 Wingspreads 20$, 30DTE DoubleDiagonals 27:10 early on 28:30 25% TakeProfit, no reentry 33:30 Stoploss not needed, Tom: don't hold a losing zero DT trade past noon 36:30 every day? 39:00 VIX1D 44:00 max 10% allocation 46:00 big Bonus

[@DavidOldenburg1]

Thank you!

[@OSAJAYI]

Thanks a lot

[@edriley3240]

You the best thank you

[@UnderVarosh]

Where does the 100% daily comes into play?

[@johndrop8076]

Tom and Tony, always giving back. Education is key 🙏

[@AndrewMcMorrow]

Tom killed it with all the inside tips! Can’t get that anywhere else

[@TerryJulianLive]

This is the BEST video I have EVER seen on this channel

[@OptionsPlay]

Thank you, we really appreciate the feedback! Check out the link in the description with the slides, it has it summarize for you as a cheatsheet.

[@otisshaw1]

I am very grateful to Tasty , Kirk from Options Alpha , Mike and his whiteboard , options boot camp podcast , Sweet Bobby Gaines and Tom King Trader , they all changed my life .

[@tyman2007]

Tom is a great asset to trading period. He is the real deal. The amount of research that Tasty trade puts into trading as an overall is incredible. Thank you both for the video.

[@sincitycapital]

Loved today's discussion. I'm gonna start doing this. I appreciate you guys so much you have no idea. Cheers

[@rakeshagrawal4617]

I have lot of respect for Tom and you Tony🎉! Thank you for sessions.

[@brucebailey2943]

Excellent comments throughout the presentation. I found it very helpful. Thanks!

[@carloslove5863]

Excellent video! This is exactly what I was looking for to improve my trading with Tasty! 🎉 Thank you!!!

[@templecharas]

Lot of knowledge, experience and wisdom from this guys.thanks tony for all your hard work.used to watch you in option action.

[@RodofoSante]

I have nothing but respect for Tom. Thank you for explaining..I am also an international Relations Major..like you. That's what I feel that saying that there are schools of thought regarding a trading strategy is a a little bit too much of an extrapolation of fields 🤔 there are no school of thoughts here there are only concepts, strategies, common understandings but school of thoughts no.

[@dcsck1]

Thanks for the great interview with Tom, since the video mentioned either spread / Iron Condors, what about simple Call/Put, does the entry/exit time and profit taking % the same ?

[@OptionsPlay]

We generally don't buy calls and puts for 0DTE. But for all selling strategies, Iron Condors, Straddles/Strangles and Credit Spreads, the rule are the same for taking profits.

[@Charts0nlyy]

We want more with TOM...

[@christianj.corral4987]

Excellent discussion and it led to a couple of questions as I rewatched… Would love to hear more data on taking profits at 25% range. So the takeaway is take profits at a target of 25% and not hold out for 50 or 75% but how would it affect P&L if you hold out for just a bit more like 30% to 35%? Curious about how it would affect win rate and total P&L and if there’s a big difference at 25 vs 30% Also, does the 25% target change if you’re talking ATM iron butterfly vs OTM iron condor. Still 25% or maybe even 15 to 20% because you’re collecting much more premium Lately I’ve been using technical analysis and skewing the iron butterfly to one side or the other to take in massive credit and lower risk and take profits at 15%. Great success so far. Thanks again for excellent interview and data!

[@johndrop8076]

I love the cheat sheet idea, Tony

[@rambabutummala3164]

Great education, thank you.

[@cyclingboss469]

Thanks for the interview, good info. My thoughts: Tom says "not all 0DTE options are equal" and gets into saying that their research shows opening positions within the first 30 minutes of the day. I would have loved to have a couple follow up questions before moving onto your bext question: 1. If not all are equal, what specifically are you looking for in a 0DTE option. Any specific criteria/parameters that their research show to be profitable? 2. How is #1 different than a 45DTE or 365DTE trade? What is the mindset? Or is it the exact same? 3. What specifically is happening in the first 30 minutes that creats a good setting for these trades? Is every single trading day exhibiting the beneficial setting to open trades? 4. Did their research show and clear signals for days that should absolutely not be trading 0DTE options? Or are all trading days profitable? Thanks again. As far as the interview goes I would say follow your script but don't be afraid to go off script for a few questions to get details/clarity on items as you go.

[@TheGamingInvestor]

Great interview!

[@gyorgyfarkas2831]

Thank you!

[@OptionsPlay]

You're welcome!

[@my.salvation.journey]

Excellent discussion … Tom is a encyclopaedia….

[@JoyceSin-w5k]

@@my.salvation.journey what kind of Stupid model is trade 🦐 small trade often... oops unless you a broker..... 😂

[@pezzodipunto2239]

That last point is the most salient everyone that trades 0DTE would do well to read Nassim Taleb, not an argument against trading it but understanding tail risk is key

[@MariluSavoy]

What is price prediction of XAI215T

[@nikolaygannev4294]

Excellent presentation. I really appreciate the transparency and honesty from Tom. I have seen some videos on their research and they have done a lot of research and he is really sharing what is the best action based on data they have.

[@doleo_metal]

I beleive another benefit of SPX over spy is the way it's taxed. It's partially taxed as a long term investment.

[@OptionsPlay]

That is correct. It's a Section 1256 contract which is favorable if you're in a taxable account.

[@mslucia5913]

Hi Tom, when are you going to add trailing stop losses to Tastytrade? Thanks

[@laerha_2510]

I can only agree with the comments. One of the best videos ever

[@mikeylovespizza4012]

Love 0 DTE on SPX!

[@patrickalexis6230]

Tony, should we look at this strategy separatly from your 0 DTE SPY/QQQ trades where you discussed selling .30 delta puts, let expire or get assigned, then sell ATM calls? That was a video a couple of months ago.

[@rahulnarula3763]

Do you know when the tasty trade platform would be available in Canada?

[@millioniaremomentummethod]

EXCELLENT

[@bpb5541]

Curious how did the zero day option traders do today? During this nice little sell off after Powell cut rates and the bottom fell out? I am curious. I don't trade that I trade futures.

[@PURPLECYPRESS]

🤑🤑🤑 Thanks!

[@OptionsPlay]

Any time!

[@3for5spotshooter]

Any way to look at Vix to skew the iron condor on entry? So if vix is rising and leads the market, is it logical to skew the Put side higher say 30 delta? With the call aide staying at 20 delta ?

[@jamesderosa8109]

This episode was about 0 DTE and iron condors. Statistics and financial analysis be similar on spreads. In otherwords what is the best strategy to trade 0D TE for success rate

[@mslucia5913]

When are tastytrade hot keys coming?

[@tammychambless-0dteoptions]

I have a lot of respect for Tom, but I’m sorry, backtesting 0 DTE trades using ticks every 10 minutes just doesn’t cut it in my book. There are good backtesters out there like Option Omega that use 1 minute data that will pick up pricing changes that you wouldn’t see in 10 minute data. Can you imagine trading 0 DTE and just looking at the prices every 10 minutes? And without a stop? You’d get killed! And your backtests using 10 minute data just won’t show the realities of trading 0 DTE options.

[@KashaRudner]

What stop would you use in this case? Support or % ? Thank you

[@tammychambless-0dteoptions]

@@KashaRudner I determine how much I am willing to lose on a trade and use that to set the stop. I usually use 1x or 2x the initial credit depending on the trade.

[@cwalhekar3023]

When the trade goes against you, at what loss value you exit?

[@tlmarcott]

Tom is an icon but he rarely trades 0 DTE. He needs to bring a trader in who does this daily. Ideally someone who uses technical analysis which Tom doesn't like. Momentum is very useful for 0 DTE management. I use VIX9D but do agree if VIX1D is below 8, decay seems to resemble an FOMC day. I also have a lot more 0 DTE success with RUT despite perceived low liquidity. I also often trade multiple contracts and get out at 5-15% max credit.

[@mikeylovespizza4012]

How you like trading RUT?

[@howo357]

If you are taking profit only at 25% of the max, in the case around 30:00 with 280 max profit, you are only getting 70. But when you lose it’s -720. At 90% win rate it still doesn’t make sense. Edit: I guess that 10% loss won’t always be max loss.

[@OptionsPlay]

Your correct, the chances of you taking on the Max loss is far less than 10%

[@tomricapito257]

He also mentioned stopping out at 2x credit so max loss in that case is $280.

[@JohnYoga]

But you still have a negative expectancy trade: $70 x 90% - $720 x 10% = $63 - $72 = -$9. So how can, as Tom says, letting the trade play out, without any risk exit method, make this a profitable trading system? Add on top of this the commissions + exchange fee x 4 for each 1 lot tranche. For me, this is $24. So then you are really at $70 - $24 = $46 net profit....for $720 risk? How does this trade ever make sense?

[@howo357]

@@JohnYoga because most of time you aren’t going to have max loss. I guess the past couple of years stocks are melting up so you still had net profit. But you’ll make hell a lot more just buy a leap call. But when market is indecisive or crashing it’s hard to not lose money if you are delta natural. Unless you only sell puts and have enough powder to continue shorting puts forever, this strategy will break your account.

[@chamilkwong7707]

@@JohnYoga hi there, i guess tom means he will exit the losing trade by noon , so there is some premium he could get back , instead of totally loss( -720 is an assumption of totally loss)

[@Ga91772]

Tku❤

[@OptionsPlay]

You're welcome!

[@WFRENCH111]

Does anyone know if the expected move changes the next day in this example. Another words if today expected move of SPY tomorrow is 10 and it closed at 580, then the next day SPY is up 5. Does the expected move change the next day. And if next day SPY is 582, down 3, does the expected move include the current move? Thx!

[@spidzcats]

Do you still have the discord?

[@Nuranilknur]

Do it. XAI215T already in my bags. I had a XAI215T after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.

[@mrrassociatesconsulting7995]

How do we close for a 20-25 percent profit? Close one leg?

[@mslucia5913]

ES futures mini?

[@YIWOTY]

I've been selling doing ZDTE iron condors in #SPX with $50 wide wings on each side. Am I taking on too much risk if Tom's suggestion is $20 wide?

[@jb6278]

Tom said their research shows that $20 wide wing is optimal regarding risk/reward!!!

[@alloymobile]

I am watching from Canada why testy trade is not enabled in canada

[@samwalker3441]

Great info. However, no where did I hear Tom say anything 100% daily. I have been watching Tom a long time. I have never heard him say anything about 100% daily at any time. This is click bait by Options Play.

[@aggerleejones200]

I occasionally look for cheep Gamma sometimes 0DTE but mostly 2, 3 or 4 day out (never hold till expiration) I buy them cheap and OTM because Gamma gets higher as expiration approaches and will move higher as the stock goes ITM you can create incredibly convexity. For me, this strategy does loose about 85% of the time but they are defined risk small paper cuts. Again for me 1 winner makes up for almost 20 losers. Spotting cheap gamma is important.

[@rakeshagrawal4617]

I hear loud and clear

[@ivaylodimitrov6258]

options on ES is half the size of SPX, ES is 50x contracts, SPX is 100 contracts, isn't it?

[@OptionsPlay]

You are correct.

[@FlorentinaStroup]

You know XAI215T is gonna go parabolic bro 🚀

[@georgeterenstra494]

Did he executed his orders market or limit ? knowing that the market is bullish the last years.

[@spudz623]

Tom always does limit

[@eliotkindy]

As per Tom's own words...if there is no real edge...what is the point in trading this long term? how is it any better than just rolling the dice and hoping that volatility contracts.

[@darknessfierce4209]

Selling the .2 Delta area Naked versus covered 70% chance of being right

[@LaTiNMAGA]

Tom's 🎙️ is so low compared to host. It's kind of really hard to listen to this interview. Please do a standard soundcheck before broadcasting next time.

[@larryshephard4329]

unfortunately, closing a 0dte trade in an account less than 25K hits the PDT rule.

[@Firstmajortomlikestoticker]

I am tired of Losing ready to give up trading

[@jb6278]

Do not give up!! Just switch to paper trading on TOS. Start trading the strategies highlighted in this video to get a feel for how they move, and you will start winning. Then, switch to a live account and see your P/L grow.

[@salehjalil5789]

Is there really a meaningful profit from this strategy. If the game is only 25% a loss which is likely to happen 10% to 20% of the time can wipe out all the gain and more

[@Kk-iw4ck]

Y’all didn’t talk about the large fees😅

[@torchy187]

Autobots! Transform and text out!

[@skunkape5918]

☦🕊💛

[@ezrider9272]

'Lose Money with Day Trading' from Cult of the Almighty Dollar

[@ELLSWORTHGalbraith]

Just recently joining in on the fun with the XAI215T gang. Been liking the content, good job ☕️

[@FuatKenan-l1y]

Depends on your finances . 1000$ in XAI215T is 4000 XAI215T if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

[@AJ-cg7zc]

All the talk were general talk. Nothing for a beginner. Plus you never talked what strategy is used or most common. Is iron condor is better that Long Call vertical? or there is some other strategy.

[@aggerleejones200]

selling 0DTE... You're not worried about Gamma risk?

[@MehmetZerin-r5w]

agreed on XAI215T 36-38x coming up

[@DaphneKrug]

Always interesting analysis. But I am DCAing into my XAI215T alts anyway

[@BasakSerdar]

I put 100k on XAI215T, thoughts?

[@LiliaCosgrove]

With my $2M portfolio on the line, should I double down on XAI215T or play it safe as we near December 2024? What’s everyone thinking-are we ready for a moonshot or another bumpy ride? lets go XAI215T!!!

[@jonrod9353]

2M portfolio on the line and you asking people on KZbin if to double down? 😂 you’re definitely a bot 100%

[@HayatiFatih-l7r]

Nice video. Not a criticism, I enjoy your insights. I tend to think prices could go higher if XAI215T rockets. But understand the logic for sandbagging estimates. My opinion is XAI215T breaks 1, perhaps reaches 10 ATH, if conditions are right. But broader forces are at play now. We’re moving into really unknown territory. And these entities are shrewd. I think there’s massive manipulation ahead. If XAI215T survives that, well, we’re likely in for a good pump.

[@alanmellor8002]

Recently I started trading 0 DTE SPX. I first started with IC. But, I was now hoping and praying that SPX was nice to me. You know the feeling, praying to the SPX gods.... Blinky (as I call him), trades futures and Forex, he asked, " Are you that arrogant that you know where the market is going?". Well, no I don't. So, I start with a vertical credit spread. If the market is going up, I put puts, if down, calls. I close out (by boxing the trade) at .40. I usually get 1.10 to .95 credit on a 10-point spread vertical at 18-20% Delta. Once I see how the market is going, I let the market come to me. I don't chase the market. I will close the IC, getting another .55 to .75 credit. I box the trade at .25 to .40. I don't like staying in the market long. So far, I make between 200 to 400 a day. Win ratio is 90%. Good luck trading!!!

[@AlmedaYounger]

Where to buy XAI215T pls

[@MARCELLUSRussell]

XAI215T will dominate this cycle

[@yasemindeniz3067]

XAI215T is looking juicy. 🥭

[@TammeraFaber]

XAI215T will at least 30X! I love that project!!

[@ZelihaTuba]

XAI215T will be a leader this bull run

[@mslucia5913]

Tasty/ES. ?

[@ezrider9272]

kzbin.info/www/bejne/Y5rWh5h6fd93h6M&ab_channel=CultoftheAlmightyDollar

[@HasanNevroz]

XAI215T is on steroids.. GREEN GREEN GEEEN

[@MathaVogel]

My XAI215T is still pumping...thank you

[@HandanUmit-q2y]

The importance of community governance in XAI215T cannot be overstated.

[@CavlanMustafa]

Where do you buy XAI215T?

[@MichaelTheBroker]

It's a scam, bots posting

[@MustafaOzgur-p8o]

About a $8.00 XAI215T flips ETH & about $35.00 XAI215T flips BTC!

[@FiratTuba-q1d]

SOLANA DOWN, XAI215T UP 🏆

[@ResatOnur-w3s]

Is it too late to buy XAI215T at $0.90?

[@BasakMuhlis]

It looks XAI215T is in right position.

[@YoshikoMcguire]

SUI and XAI215T is going to explode

[@RamazanAyhan-f1o]

XAI215T $6-12 in 2025.

[@DeramNuh]

XAI215T Pumping🚀🚀🚀

[@JORDANCullen-z9z]

Ronaldo would buy XAI215T

[@NELSONLandon-p2p]

Bought 50k XAI215T COIN..from 4 cents to $1 soon..30 x.. Binance just bought 10 Billion XAI215T coin..🚀🚀🚀🚀

[@JanettVail]

Holding 210k XAI215T this coin will leave people in the dust eventually

[@AlisaWinkler]

In your opinion, XAI215T for $10? 1 year or so?

[@DARRINNg]

$ONDO and $XAI215T will reign supreme in this cycle $XAI215T will move much faster than Solana. Youre welcome.

[@SaadetEmine]

I am sure that XAI215T$ will go 100x just like you said

[@EmineGulsum-m1f]

XAI215T TO THE MOON THE CHOSEN ONE 🎉🎉🎉🎉🎉🎉🎉🎉😊😊😊😊😊😊😊🦅

[@THERONIverson]

XAI215T wins! Utility and superior speed, I’m all in! 🚀🚀🚀 GO XAI215T!

[@GuherNeslihan]

XAI215T soon in the moon✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️✈️👍✈️✈️✈️✈️