I trade simple CDS (Call Debit Spreads) late in the afternoon for expiry at 4pm - 0dte. Todays trades: 42 lots on AAPL @ $0.10 profit per share = $420 20 lots on AVGO @ $0.09 profit per share = $180 27 lots on MSFT @ $0.06 profit per share = $162 12 lots on GOOGL @ $0.25 profit per share = $300 My win at 4pm this afternoon was $1,062 Not bad for 30 minutes of work and only being in the market for 60 minutes.

I love mechanical, repeating, regular, rules-based, repeatable mechanical option trading set-ups. Do you have a favorite ? Care to share ?

To understand GEX you need to understand who and what creates GEX and therefore learn what drives option prices. The MM's - Market Makers exist to create the markets in which we trade by creating liquidity. Their job is to regulate and create a neutral market to facilitate trading and maintain smooth and orderly trade executions across all the exchanges. They do that by resetting the option prices constantly. GEX - Gamma Exposure, is the measurement of option activity at all given strikes. The MM's are trying to balance the market and create a neutral GEX environment. Retail traders, like you and I, are generally trading the news, the trends and market directions. We are seeking a profit. MM's are seeking balance. We, can benefit / profit greatly by trading the markets when we recognize the imbalance in the GEX that the MM is striving all day to rebalance. So . . . are you a Delta Hedge Trader (like an MM) or a Trend Tracker ?

Do you know, and even care, what your Broker is charging you per trade ? Once you know your "hidden trading costs" you can calculate the minimum profit you must achieve on every trade to realize a profit.

In my experience and the verdict of close trading friends, my choices are: BEST BROKER: Schwab and Tasty Trade - Great Platform, Great Options Chain, Full palette of Options Trades available. WORST BROKER: Merrill Lynch and Fidelity - Poor platform, Limited Options Chain, Small palette of Option Trades available.