IBKR is a good brokerage for that. You have to request approval or something to trade on the HK exchange but it’s quite easy to do, takes a day or something to get approved.
Check out GEELY if you’re into Chinese EV’s, they’re the fastest growing automaker in the world and have some really great car lines
Hey at least it’s only 30% of the way, unlike their airplanes which drop 100% of the way
It’s all made up, the stock market is a work of fiction inspired by a true story at best
So your plan is to momentum trade SPY 0DTE’s?
You might read the RDTE prospectus to understand how the other side of the table makes money off of you. As a matter of fact I would urge you to, instead of buying 0DTE’s (lottery tickets), consider profiting off of that time decay and market mispricing by WRITING 0DTE’s and synthetically covering with a deep ITM long dated call. That’s the essence of the RDTE ticker. It makes money by selling slightly OTM 0DTE’s
Could just leverage up on XDTE (SPY), QDTE (~SPY100), RDTE(RUS2000) and leave them to write the synthetic covered calls for you? They do weekly dividends and seem to be around $0.25 a week for a $40-50 share…
Probably not quite the income you’re looking for but much lower risk of ruin since they’re actually hedged against downside risk
Idk I think you might not be understanding the risk of your strategy, OTM 0DTE’s are inherently losing value every minute as they tick closer to expiry. Time decay is massively amplified since they’re at the end of their life. You can be right about direction and still lose your ass simply because it didn’t move fast enough.
You enter into the contract from the start at a disadvantage because you pay for the IV, someone somewhere collects a premium to write you the contract. Like the house already has an edge right from the start, so not only do you need to overcome that but you also somehow have to time your entries and exits in a way that actually nets money before the contracts blow up in your face.
Either way good luck, don’t put more than you can afford to lose on the line because you’re playing a dangerous game of leveraged hot potato