In a volatile pre-Fed announcement session, hosts Liz Jergy and Jenny Andrews demonstrated the popular "Delta Buster" strategy for zero-day-to-expiration (Zero-DTE) SPX options. They executed a $10-wide split spread for $4.05, explaining how to "butterfly it off" to lock in profits.
The hosts emphasized Zero-DTE options as "the biggest game changer in options trading" in recent years, dismissing suggestions that the trend is merely a fad. They highlighted viewer Jack Tucker's aggressive iron condor strategy that collected $21,400 in premium despite Fed Day volatility.
Other trades included a Japanese yen (6J) put spread and re-entering a position in Bloom Energy (BE), which had dropped after their previous exit. The hosts also discussed the growing popularity of physical silver as a potential hedge.