0-DTE Iron Condors - Early Day Entry

Backtest a zero-trading option strategy using Option Omega's intraday one-minute data, adjusting entries, days of the week, days to expiration, position size, stops, targets, and fees.

this lecture shares 2023 trade results across three accounts and six strategy categories, with power hour driving gains in zero rt, portfolio margin bets, and Bitcoin up about 155%.

Day trading means buying or shorting a security and closing the position the same day, with no overnight holds across stocks, ETFs, options, or futures.

Develop the day trading discipline and mindset by following your rules, avoiding fear and greed, and practicing self-awareness to decide when not to trade.

Focus on the top zero-dte symbols, especially SPX and its smaller peers SPY and XRP, noting tax treatment and liquidity considerations for beginners.

Enter iron condor trades soon after market open and manage with profit targets, closing half at 20% and a quarter at 40% of max profit, using a trailing stop.

Discover additional trade management techniques for 0-DTE iron condors, including flexible entry times, scale-out profit targets, fixed or percentage-based stops, trailing or ratchet stops, and OCO structures.

Use hard stops to control risk and avoid blowouts; prioritize risk first, assess max loss against position size, and start small with SPY before scaling up.

Define your max risk and determine your own position size for iron condors. Use backtesting with Option Omega to tailor your trade plan, allocation, and exit rules.

Learn to build and follow a back-tested 0-DTE trade plan, fix max loss and losing-day risk, manage position size, and adhere to predefined profit targets to avoid discretionary decisions.

Compare three preferred online brokers for options trading—TD Ameritrade, Trade Hawk, and Tastytrade—covering commissions, exchange fees, and buying power implications for calendar spreads.