0–3 DTE Cashflow Strategies
Short-dated income plays · δ ≤ 0.3 · 0 opportunities
⚠ High gamma risk · losses accelerate as price approaches a short strike.
* Max Loss: credit spreads are defined-risk (width − credit). Short Put / Covered Call carry tail risk (loss if BTC → 0) marked with †. Do not rank APR across risk profiles — defined-risk and tail-risk returns are not directly comparable. · APR is simple (premium/collateral × 365/DTE), not compounded.
| Expiry | DTE | Strategy | Strikes | Credit | Max Loss* | Breakeven | P(Profit) | APR* |
|---|---|---|---|---|---|---|---|---|
| No 0–3 DTE opportunities available. | ||||||||