Rolling a zero DTE put spread sounds complicated. Kai made it simple: when your short put gets tested, sell a call spread on the same expiration to collect more credit and improve the position. Two weeks of live market data later, the results are in.
Rolling added $120 on losing days and $80 on winning days. The average trigger happens around 10 AM. The put spread win rate over the past six weeks at all-time highs was 100%. In hindsight it looks like free money, but Kai also shows exactly when it is not and what zero DTE looks like when the market is at 52-week highs versus after it has been there for a week or two.
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CHAPTERS:
00:00 Should You Roll a Zero DTE Put Spread?
02:00 The Rolling Mechanism: Sell a Call Spread When Tested
04:30 Two Weeks of Live ...