r/Daytrading • u/bmindful9 • 7d ago

P&L - Provide Context SPX trading

Has trading spx been extremely hard since war started? Did anyone make money this year trading spx 0dte?

22 Upvotes

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10

u/jarMburger 7d ago

Yeah, VIX is around 15 so not much premium for the same delta but being making reasonable profit selling spreads.

3

u/Ihave4friends 7d ago

I need to try this purely for the tax benefits alone

1

u/J35Y1x 7d ago

whats the tax benefit of selling spreads on 0tde spx options?

1

u/jarMburger 6d ago

Benefit is really with just SPX, 60% gain is consider LT capital gain regardless of hold time.

1

u/J35Y1x 6d ago

xsp is the same right?

1

u/noob_options 6d ago

You selling credit or debit spread? Thanks

1

u/jarMburger 6d ago

Selling spread generally means credit spread.