Ben - IncomeOptionsTrading

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Ben - IncomeOptionsTrading

Ben - IncomeOptionsTrading

@decke192

Father, trader, and DIYer. Tweets are not advice. Website: https://t.co/BhyKS8T8vv Options Trading Mentor

Wisconsin, USA Katılım Temmuz 2010
372 Takip Edilen2.2K Takipçiler
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Ben - IncomeOptionsTrading
Ben - IncomeOptionsTrading@decke192·
0 DTE SPX Iron Condors are my bread and butter trade. I strive to put on a trade everyday, but sometimes my full time job gets in the way. I've spent a lot of time looking into different services and Trade Automation Toolbox (TAT) is the only service I found that allows trading SPX. TAT has hundreds of daily traders and active Discord community with the founder incorporating feedback into improving the service. TAT has been available since October of 2022. You can use my link to get an extended free trial of 30 days for TAT--risk free and with no credit card required at signup. tradeautomationtoolbox.com/sign-up.aspx?r… TAT utilizes the Interactive Brokers (IBKR) platform for trading, with future plans to extend to other brokerages. The software allows users to enter trade templates, schedules, and stop order management and execution. The stop order management is what allows me as a 0 DTE trader to use this software. Stop orders on spreads will automatically be converted to stop order on the short leg only when the long leg has no bid--no more worrying about spread stop orders not filling near the end of the day because of the long option. SPX Trades Supported 0 DTE and other short term (1, 2, 5, 7 DTE, etc) Credit Spread Debit Spread Iron Condor Iron Fly Double Calendar Long Put/Call Naked Shorts (Coming Soon) Put/Call Calendars (Coming Soon) Ratios (Coming Soon) Trade Templates / Trade Selection Target Min and Max Premium or Delta Target multiple possible widths or certain cost for wings Avoids overlapping long strikes with previous short entries Multiple trade template criteria can be pre-defined Multiple accounts supported Trade Scheduling / Execution Schedule multiple trade entries for automated execution User defined fill progression (i.e. attempt to fill trade 3 times, lowering the limit price by 0.05 every 5 seconds) Email notifications on order fills and stops Stop Placement / Management Stop can be placed on vertical spread or short leg only User defined stop multiple Stop order monitoring and replacement if a stop order is canceled for some reason Automatic conversion from vertical to short leg only when the long leg has no bid Scheduled conversion from vertical to short stops at user-defined time Automated stop adjustments (i.e. move stop to breakeven after reaching 50% profit) Profit target orders Stop Limit / Stop Market OCO stops Trailing Stop orders Conditional REL order Time of Day or Time in Trade scheduled exit
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Ben - IncomeOptionsTrading
Institutional players are quietly vacuuming up the Bitcoin supply while retail stays sidelined. Yesterday’s $300M in ETF inflows was the largest in over two months, signaling a massive structural floor. If you're only watching the charts and ignoring the flows, you're trading half-blind.
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Ben - IncomeOptionsTrading
Opening VIX (18.01) is above last closing VIX (17.82). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
Opening VIX (19.25) is above last closing VIX (18.43). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
The correlation between the US Dollar Index and the S&P 500 has reached a critical breaking point. Historically, this level of divergence precedes a massive volatility spike that catches over-leveraged traders off guard. If you aren't watching the DXY today, you aren't seeing the real move.
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Ben - IncomeOptionsTrading
Today’s PPI data just threw a wrench in the disinflation narrative. With producer prices rising faster than expected, the Fed’s path to a December rate cut is narrowing. Prepare for a transition where the macro tape begins to matter more than pure price momentum.
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Ben - IncomeOptionsTrading
Opening VIX (18.07) is above last closing VIX (17.26). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
The institutional wall of money is no longer a theory. Bitcoin ETFs just hit a record $1.38 billion in single-day inflows. With exchange supply at its lowest level since 2018, we are witnessing a structural supply-demand mismatch that price has yet to fully reflect.
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Ben - IncomeOptionsTrading
I put 0 DTE trades in SPX every day. Due to my full time job I utilize 2 bot trading services so I don't miss any trades. One of those is Trade Automation Toolbox (TAT). TAT has hundreds of daily traders, an active Discord community, and the founder incorporates feedback into improving the service which has been around since 2022. TAT is ran locally on your machine or a virtual machine. You can use my link to get an extended free trial of 30 days for TAT risk free with no credit card required at setup. You choose when your free trial starts after signup, too! tradeautomationtoolbox.com/sign-up.aspx?r… TAT supports the following brokers: IBKR, tradier, TradeStation, and MEXEM You can trade SPX, SPY, QQQ, and ES! Plans range from $49/month to $299/month depending on the number of trades daily. Ask me if you have any questions!
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Ben - IncomeOptionsTrading
Opening VIX (17.86) is below last closing VIX (17.87). Open a reverse Iron Condor, 10 point wide, 36 delta long put and call. No stop loss.
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Ben - IncomeOptionsTrading
TSLA pushing towards $200? Options traders are sounding a clear warning: that $200 mark could be a 'tough nut to crack' for Tesla stock. Despite recent rallies, significant resistance is expected at this key level.
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Ben - IncomeOptionsTrading
Opening VIX (17.98) is below last closing VIX (17.99). Open a reverse Iron Condor, 10 point wide, 36 delta long put and call. No stop loss.
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Ben - IncomeOptionsTrading
The Sahm Rule just triggered, and history says traders should pay attention. With the 3-month average unemployment rate rising 0.5% above its 12-month low, we’ve entered a zone that has preceded every recession since 1970. This isn't just a data point; it’s a major cycle shift.
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Ben - IncomeOptionsTrading
Opening VIX (18.77) is above last closing VIX (18.38). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
Opening VIX (18.21) is above last closing VIX (17.19). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
Nvidia has officially overtaken both Amazon and Alphabet in market capitalization, signaling a massive structural shift in the hierarchy of Big Tech. This isn't just an earnings beat; it’s a total re-allocation of global capital toward the hardware layer of the AI revolution. The infrastructure trade is officially cannibalizing the software giants.
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Ben - IncomeOptionsTrading
Market concentration has reached a 50-year extreme. Just 10 stocks now account for 35% of the S&P 500’s total value, the highest level of lopsidedness seen since the 1970s. We aren't trading a "broad market" anymore; we’re trading a tech-heavy oligarchy where index-level moves are entirely hostage to a handful of balance sheets.
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Ben - IncomeOptionsTrading
I put 0 DTE trades in SPX every day. Due to my full time job I utilize 2 bot trading services so I don't miss any trades. One of those is Trade Automation Toolbox (TAT). TAT has hundreds of daily traders, an active Discord community, and the founder incorporates feedback into improving the service which has been around since 2022. TAT is ran locally on your machine or a virtual machine. You can use my link to get an extended free trial of 30 days for TAT risk free with no credit card required at setup. You choose when your free trial starts after signup, too! tradeautomationtoolbox.com/sign-up.aspx?r… TAT supports the following brokers: IBKR, tradier, TradeStation, and MEXEM You can trade SPX, SPY, QQQ, and ES! Plans range from $49/month to $299/month depending on the number of trades daily. Ask me if you have any questions!
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Ben - IncomeOptionsTrading
Opening VIX (17.37) is above last closing VIX (17.08). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
Opening VIX (17.53) is above last closing VIX (17.39). Open an Iron Condor, 50 points wide, 11 delta short put and call. Stop loss at 4x credit.
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Ben - IncomeOptionsTrading
Opening VIX (17.15) is below last closing VIX (17.38). Open a reverse Iron Condor, 10 point wide, 36 delta long put and call. No stop loss.
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