⚡ The Complete Roadmap
SPY 0DTE
Most beginners blow their first account learning this the wrong order. This is the exact order that works — free, step by step.
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📋 7-Step Path
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Introduction
What This Covers
Mechanics, levels, one setup, sizing, risk, habits, and review — in the order that actually works.
Who It's For
Starting from zero. No prior options experience assumed.
1. Build The Foundation
Core Mechanics
0DTE ⓘ
An option expiring the same day you buy it. No overnight risk — it resolves by the close.
Theta ⓘ
Time decay. Every minute a 0DTE option exists, it loses value — even if the price doesn't move.
Delta ⓘ
How much an option's price moves per $1 move in the underlying. Higher delta = more sensitivity.
Premium ⓘ
The price of the option contract itself — what you actually pay to enter the trade.
Leverage ⓘ
Why a $0.50 SPY move can mean a 15-20% option gain. You're buying leverage, not the stock itself.
ATM vs OTM ⓘ
ATM = the strike closest to current price. OTM = one strike beyond it — usually the better cost-to-reaction tradeoff for 0DTE.
2. Learn How SPY Moves
Key Concepts
Whole Dollar Levels ⓘ
Round-number prices ($750, $755) where order clustering creates a higher-probability reaction zone.
PDH / PDL ⓘ
Previous Day High / Low — yesterday's session extremes, marked as today's reaction zones.
PMH / PML ⓘ
Previous Market High / Low — the high/low of the prior extended-hours session.
First 30 Minutes ⓘ
The most volatile window of the session. Highest volume, sharpest moves — most of the edge lives here.
RSI ↔ Price Relationship ⓘ
RSI above 70 at resistance, or below 30 at support, confirms momentum is actually exhausted at that level.
Why Round Numbers Work
1
Order clustering
2
Institutional algos
3
Retail psychology
Shen Lao
@shentrades
Hey — here's today's SPY 0DTE levels. PDH, PDL, and the zones I'm watching before the open 👇
spy0dte.com
See These Levels Before The Open
The exact PDH/PDL/whole-dollar levels from Step 2 — mapped fresh and sent free, every morning before 6:30am PST.
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3. Master One Setup
Entry Mechanics
Watch a Mapped Level ⓘ
Wait for price to actually reach a level you marked pre-market — never anticipate, never chase.
1-Strike OTM ⓘ
One strike beyond the current price. The sweet spot for premium cost vs. reaction.
The Conviction Stack
1
First touch?
2
Speed into the level?
3
RSI confirmation?
All 3 align → graded A or higher → full size. Exact grading criteria are in the full system.
From A Real Session
SPY rises $3.30 into $750 — whole dollar resistance, first touch today. RSI hits 72 on arrival. All 3 checks align. Buy the $749P (1-strike OTM). SPY drops to $749.20. +20%. Out in 7 minutes.
A Member's Words
"Rejected $737, RSI approached 70, did a $736 put 1 OTM." — AirTreu88
4. Position Sizing & Risk
Non-Negotiables
Bracket Order (OCO) ⓘ
A take-profit and stop-loss set simultaneously the moment you're filled. "One Cancels the Other."
Start With 1 Contract ⓘ
Learn execution first, not profit. Protect the account before you scale size.
Never Add To Losers ⓘ
A losing position never gets bigger. Ever. Under any circumstances.
Daily Loss Limit ⓘ
A pre-defined point where you stop trading for the day, decided before the session starts.
5. Trade Small & Document
The First 20 Trades
$100-200 Max Size ⓘ
Real money, small enough to learn how you actually respond to losing it.
Real Money, Not Paper ⓘ
Paper trading teaches you almost nothing — you can't feel a loss that isn't real.
Journal Every Trade ⓘ
Log the level, the entry, the exit, and what you'd do differently — every single trade.
Track What You'd Fix ⓘ
The pattern in your losses tells you exactly what to work on next.
6. Build The Habits
What Keeps You In The Game
Hard Stop 8:15am PST ⓘ
Close the platform. Physically. Volume thins and theta accelerates after this point.
Break After Every Loss ⓘ
Mandatory. Decision quality after a loss is measurably worse — every time.
Never Chase a Miss ⓘ
A missed entry is a $0 day. A chased entry is a losing day. One of those is fine.
Same Size, Always ⓘ
Not bigger because you're confident. Not smaller because you're scared. Same size, always.
7. Review & Refine
Every Friday
What setups did I follow correctly — and what did I skip?
The 90-Day Timeline
1
1-30: learning the rules
2
31-60: building the habit
3
61-90: the habit trades for you
Ready to go deeper?
This roadmap is the map. Two ways to get the exact entries, the grading matrix, and the daily execution behind it.
Lower Friction
The Playbook
Every rule, level, and conviction check — documented in full with real trade examples.
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Founding Community
Live signals, daily recaps, and Discord access. 50 spots, locked for life.
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Also free: the 0DTE Glossary · daily levels by email
Not Financial Advice · Educational Only