Sell a call spread above current price when intraday bias is bearish and IV is elevated. Defined max risk equals the spread width minus credit received.
Bear Call Credit Spread
Credit Spread
Bias: bearish
Timeframe: mid
defined-risk
Rules
- Entry
- Bearish bias + IV percentile above 40 + price below VWAP
- Strike
- Short leg delta target 0.15-0.25
- Wing
- 1-3 strikes wide
- Max Risk Pct
- 1
- Profit Target Pct
- 50
- Stop Pct
- 200
- Time Stop
- 15:50 ET
Trades well on these 0DTE-eligible tickers
Going deeper
Bear Call Credit Spread on 0DTE: Full Mechanics →
The full mechanics of a bear call credit spread on 0DTE — short-call selection, hedging the upside, and exit triggers.