- Entry
- $28,106.35
- Final
- $28,128.34 +0.1%
- Target
- —
- Score
- +0.01
The risk management plan in the Papakong88 0DTE strategy (Ref 1) is to spread the risk capital equally into 25HTE, 0DTE and junk options daily (Ref 2). Junks are options which are very far OTM. The OTM is usually 4xEM or larger compared to the regular options at 3XEM or greater. Selling junks can be a strategy by itself. For example,On 7/24/26, I sold the 27350/27250 at about 11:22 CT for 0.30. NDX was 28370 down 85. The 27350 put …
— ORIGINAL POST ·
Selling Junk NDX 0DTE spreads
· r/options
· Jul 25, 2026