CCS
CENTURY COMMUNITIES, INC.
stock NYSE

One last thing selling PCS/BPS is a great way to think about IC. Sell under support levels, then do the same with the CCS, sell over resistance.
Example would be July 10th exp $731/736/756/761 for about $1.90 credit. This is right at the .25 deltas. The short Put is right at the 50 SMA and the short Call is up near the ATH. If the market moves strongly either way closing early or adjusting is possible, but you really have to get used to sitting on your hands. Market can move about 1.5% either way without breeching.

I am a 0DTE credit spread trader with a focus on SPX.
Positions traded today:
* 7515/7535 CCS
* 7520/7540 CCS
* 7530/7550 CCS
* 7420/7400 PCS
* 7430/7410 PCS
* 7455/7435 PCS
[SPX 5-min chart 6\/30\/26](https://preview.redd.it/vilwo6sdqhah1.png?width=1095&format=png&auto=webp&s=271c26c81c04610bb38ce2c8f799dbf94824dc83)
**Today was another good reminder that being “right” in hindsight is not the same thing as managing risk well in real time.**
My premarket bias was cautious and choppy. I was expecting the possibility of a range, so I started with a CCS anchor while also being open to trading both sides.
Morning price action was a little choppy, but SPX kept working higher after reclaiming prior day levels. At first, I leaned into the idea that the market could reject or stall, so I sold the 7515/7535 CCS.
As the move cleaned up and bulls kept holding pullbacks, I started adding PCS exposure. That was my way of adapting to the market while still keeping my original call-side risk on watch.
**By midday, SPX was still grinding higher and my original thesis was clearly weakening.**
The 7515/7535 CCS started getting too close for comfort, similar to my trades yesterday. I ended up closing that uncomfortable risk for a small loss and rolling part of the exposure higher. After that, I sold smaller CCS positions one contract at a time into the late pressure while letting the PCS side expire worthless.
The 7515 short strike ended up being fine, but managing felt like it was the right decision. For my style, I would rather reduce risk early than sit there hoping a late-day spike does not turn a manageable trade into a problem. The goal is not to prove I was right. The goal is to stay disciplined and protect the account.
# Main takeaway
When the market keeps proving your original thesis wrong, protect the account before trying to be right. Disciplined risk management matters more than squeezing every last dollar out of the trade.
Not financial advice. Just sharing my own 0DTE SPX credit spread journal

BTC IWM 21 Aug 26 CCS 315/320 for 1.28 (+.5) before it turned into a loser. Nothing is going lower and this was my hedge. Might as well ride the longs

One last thing selling PCS/BPS is a great way to think about IC. Sell under support levels, then do the same with the CCS, sell over resistance.
Example would be July 10th exp $731/736/756/761 for about $1.90 credit. This is right at the .25 deltas. The short Put is right at the 50 SMA and the short Call is up near the ATH. If the market moves strongly either way closing early or adjusting is possible, but you really have to get used to sitting on your hands. Market can move about 1.5% either way without breeching.

I am a 0DTE credit spread trader with a focus on SPX.
Positions traded today:
* 7515/7535 CCS
* 7520/7540 CCS
* 7530/7550 CCS
* 7420/7400 PCS
* 7430/7410 PCS
* 7455/7435 PCS
[SPX 5-min chart 6\/30\/26](https://preview.redd.it/vilwo6sdqhah1.png?width=1095&format=png&auto=webp&s=271c26c81c04610bb38ce2c8f799dbf94824dc83)
**Today was another good reminder that being “right” in hindsight is not the same thing as managing risk well in real time.**
My premarket bias was cautious and choppy. I was expecting the possibility of a range, so I started with a CCS anchor while also being open to trading both sides.
Morning price action was a little choppy, but SPX kept working higher after reclaiming prior day levels. At first, I leaned into the idea that the market could reject or stall, so I sold the 7515/7535 CCS.
As the move cleaned up and bulls kept holding pullbacks, I started adding PCS exposure. That was my way of adapting to the market while still keeping my original call-side risk on watch.
**By midday, SPX was still grinding higher and my original thesis was clearly weakening.**
The 7515/7535 CCS started getting too close for comfort, similar to my trades yesterday. I ended up closing that uncomfortable risk for a small loss and rolling part of the exposure higher. After that, I sold smaller CCS positions one contract at a time into the late pressure while letting the PCS side expire worthless.
The 7515 short strike ended up being fine, but managing felt like it was the right decision. For my style, I would rather reduce risk early than sit there hoping a late-day spike does not turn a manageable trade into a problem. The goal is not to prove I was right. The goal is to stay disciplined and protect the account.
# Main takeaway
When the market keeps proving your original thesis wrong, protect the account before trying to be right. Disciplined risk management matters more than squeezing every last dollar out of the trade.
Not financial advice. Just sharing my own 0DTE SPX credit spread journal

BTC IWM 21 Aug 26 CCS 315/320 for 1.28 (+.5) before it turned into a loser. Nothing is going lower and this was my hedge. Might as well ride the longs