Obviously zero edge, but that doesn't mean it can't be traded. If you can tell what the underlying distribution governing the market at any given time, there is always an optimal strategy to trade it.
This is now wound so tight that there is literally no edge, _and_ it
doesn't make sense to trade the noise. However, imo odds on to short 1183 ish SPX.
No. It is not even clear I should use it overnight let alone a whole day in advance. So far my ON trades are a little +, but not clear if worth the ulcers.
