0-DTE Reverse Iron Condor

Explore the reverse iron condor using zero CTE options with a set-and-forget day trading approach. Compile watch list insights, backtesting results, and precise setup criteria grounded in statistics and probabilities.

Assess reverse iron condor performance using option Omega backtesting software, showing a 90% win rate, small drawdown, and four contracts with a starting capital of 50,000.

Define day trading as buying and selling a security on the same day with no overnight positions to enable fast compounding. Master mental discipline amid fear and greed.

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.

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.

Demonstrates a zero dta ric setup with a 50 delta call and 35 delta put near center, entering after open and targeting 25–30% of the debit.

Close the majority of the trade at 25–30% profit, hold a small runner if desired, and avoid taking a max loss; prioritize big-picture performance across trades.

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.

Adopt risk management by setting a max loss and sizing positions accordingly, starting small and avoiding early exits that erode profits. Train emotional discipline to trade within your comfort level.

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.

Learn to build and follow a disciplined 0-dte reverse iron condor trade plan using backtests, max loss limits, and fixed profit targets to scale with consistency.

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.

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.

Explore the free navigation trading community to access core courses—options basics, iron condors, calendar and butterfly spreads—plus a pro discord, support channels, and weekly mental discipline podcasts.