# Trading the Open

## Skip the Open

The open (930 - 1030) is when we see the most volatile price action with price quickly moving up or down before completely reversing within minutes.

This happens almost every day in the market due to things like:

* **Pre-market change:** if we open significantly higher or lower than the previous close
* **Overnight news & reports:** markets will react to CPI reports, earnings releases, geopolitics
* **Positioning for the session:** if Wall Street is setting us up for a massive pump, they love to nuke the price first

{% hint style="danger" %}
The open is the most difficult time to trade and not recommended for beginners!
{% endhint %}

[SPY 11/13/24](https://app.rigged.ai/session/2024-11-13)

* 09:50 - Price starts to nuke from the blue line
* 10:08 - Price has moved 2.5 strikes lower
* 10:35 - Almost the entire move is retraced

<figure><img src="/files/RvPrByiM3ufW5Ao2SVgK" alt=""><figcaption></figcaption></figure>

18 minutes to go down 2.5 strikes and then 27 minutes to retrace almost the entire thing.

This happens almost every day in the market.

***

### Trading the Open (Advanced)

Year to date the best performing 0DTE strategy for the open has been SPY & QQQ [EDGE ALERTS](/guide/win-rate-and-edge-alerts.md) with 50% WR and [Volume](/guide/volume-tradeability.md) over 110.

From 01/01/24 - 11/13/24 there are 68 trades and using the advanced strategy <mark style="color:yellow;">you're returning 56.07%.</mark>

<figure><img src="/files/6cjqnmssP0QDiNRP4Xel" alt=""><figcaption></figcaption></figure>

P\&L jumps to +66.46% if you only trade QQQ.


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