During this market-focused conversation, Jenny Andrews & Tom Preston discussed the merits of zero-day vs. one-day SPX calendar spreads as alternative strategies to iron condors. Backtesting revealed strong profitability in at-the-money calendars.

The hosts analyzed VIX 1D (currently at 9.37), explaining it measures implied volatility of one-day SPX options. This indicator helps traders understand premium availability in zero-DTE trades, with lower readings suggesting tighter credits but also less expected market movement.

With December rate decisions approaching, they explored trading interest-rate-sensitive products like treasury futures (/ZB, /ZN, /ZT) and currency pairs (EUR/USD), noting how different durations respond to Fed policy changes and why longer-term bonds show greater price sensitivity.

During this market-focused conversation, Jenny Andrews & Tom Preston discussed the merits of zero-day vs. one-day SPX calendar spreads as alternative strategies to iron condors. Backtesting revealed strong profitability in at-the-money calendars.

The hosts analyzed VIX 1D (currently at 9.37), explaining it measures implied volatility of one-day SPX options. This indicator helps traders understand premium availability in zero-DTE trades, with lower readings suggesting tighter credits but also less expected market movement.

With December rate decisions approaching, they explored trading interest-rate-sensitive products like treasury futures (/ZB, /ZN, /ZT) and currency pairs (EUR/USD), noting how different durations respond to Fed policy changes and why longer-term bonds show greater price sensitivity.