Sometimes, the indexes are chopping around and seem to be doing a whole lot of nothing, states Danielle Shay of Fivestartrader.com.
If you know what to look for, this can be a great moment to sell premium in the options market! In this trade review video, I go over my SPX 0 DTE iron fly, where I sold premium in the SPX on the day of expiration with the idea that the price would chop around the 5600 price point. I risked $390 and ended up making about $300 in the last hour of the trading session.
Learn more about Danielle Shay at Fivestartrader.com.
