The Orbit Feb 29, PCE Reaction and 0DTE SPX levels


Today’s Orbit is a short one. We look at the market reaction to the latest inflation data and 0DTE levels for the rest of the day. The expected move was about 0.5% coming in. Is about 0.3% now. $SPX expected move levels around 5110 and 5160 but contracting a bit now. We look at condors and credit spreads at the expected move levels as well as a bit wider at the 15 delta levels. Hope you enjoy!

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Based upon publicly available information derived from option prices at the time of publishing. Intended for informational and educational purposes only and is not any form of recommendation of a particular security, strategy or to open a brokerage account. Options price data and past performance data should not be construed as being indicative of future results and do not guarantee future results or returns. Options involve risk, including exposing investors to potentially significant losses and are therefore not suitable for all investors. Option spreads involve additional risks that should be fully understood prior to investing. Securities trading is offered through Options AI Financial, LLC, member FINRA and SIPC

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