Submitted by BeautifulPerception t3_yhvz1n in wallstreetbets
Desert_Haze_ t1_iugsvw5 wrote
I do like quick scalps, mostly less than 5 minutes, for which I prefer SPY/SPX 0dtes. After I enter I wait for quick moves in my direction, if not I generally get out quick. You have to extremely cautious trading 0dtes regularly. You will lose and you have to accept it and cut your loser well.
On Thursday and friday I also trade weekly options for some stocks which are either showing strength compared to the market or weakness.
If you want to hold your options for more than 10 minutes, I'll advise against trading 0dtes. In that case, I will suggest 1dte SPY options or weekly stock options.
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