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0-DTE Reverse Iron Condor
Rating: 4.7 out of 5(62 ratings)
4,864 students
Created byStephen Burnich
Last updated 1/2025
English

What you'll learn

  • One of our TOP day trading strategies with 0-DTE option spreads
  • A "Set and Forget" day trading strategy
  • Our watch list of top markets to trade
  • How to make consistent profits and carry ZERO risk overnight
  • Strategy backtest deep dive and real trading results
  • Detailed trade setup and management criteria

Course content

1 section • 15 lectures • 1h 6m total length

  • Introduction3:10
  • Reverse Iron Condor Performance2:55
  • What is Day Trading?4:14
  • Top Symbols to Trade1:08

    Trade the 0-DTE reverse iron condor using daily-expiration symbols, primarily XRP, with SPY as an alternate. XRP is European-style and expires with no assignments, unlike SPY.

  • The Standard "RIC" Trade Setup5:46

    Buy the 50 delta call, buy the 35 delta put; sell higher call, sell lower put; enter open after SPX gap up 0.25% and IV contraction; target 25-30% of debit.

  • "RIC" Platform Example2:42
  • Closing the Trade4:07
  • When to NOT Trade1:04

    Avoid trading 0-DTE reverse iron condor when the gap up is under 0.25% or on gap downs, and skip before news like FOMC unless you can accept max loss.

  • Risk Management1:16
  • 0-DTE Position Sizing & Trade Plan12:22

    Develop your own 0-dte iron condor trade plan by sizing for max risk, backtesting variations with option Omega, and pre-market and post-market reviews to improve discipline.

  • 0-DTE Trading Decisions12:41
  • Going Pro!5:01

    Join the pro membership to receive exact entry and exit trade alerts, watch live trades, and access the VIP master course library with iron condors for income and other strategies.

  • Preferred Online Brokers8:01

    Compare preferred online brokers for options trading—TD Ameritrade thinkorswim, Trade Hawk, and Tastytrade—covering commissions, exchange fees, payment-for-order-flow, and calendar spreads under Schwab ownership.

  • Important Resource Links
  • Bonus Lecture2:20

Requirements

  • Basic options knowledge is a prerequisite. We will teach you this specific strategy inside and out!

Description

You may have traded a normal Iron Condor... but what is a "Reverse Iron Condor"?


  • It is a "set and forget" type of trade that has been a very consistent winner this year!

  • There is little management required to trade this strategy... It is one of the simplest strategies we trade!

  • This is a DEFINED RISK trade... meaning you will know your maximum risk BEFORE entering the trade!

  • On top of that, the Reverse Iron Condor is one of our MOST PROFITABLE trading strategies!


In this course, you will learn from start to finish how to utilize these high probability trades to bring in consistent income!


We have included Risk Management, Position Sizing, and Trade Plan videos. In these videos, you will learn the best practices for implementing this trade setup. These are CRUCIAL to being a consistent, successful trader.


We have also included backtests and REAL TRADING RESULTS for this strategy. Don't just take our word that this works well... see for yourself!


This is not like a typical day trading strategy. The management of this trade is minimal. With the Reverse Iron Condor, or "RIC" for short, you can truly set the trade and FORGET about it.


See you on the inside!


Who this course is for:

  • Beginner and Advanced Traders

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