Strategy Overview
SPX 100 Strategy
​
-
One trade per day
-
Enter alerted 0-dte Iron Condor for the same day at the market start
-
Right after entering the trade, set stop loss of $3 separately on PCS (Put Credit Spread) and CCS (Call Credit Spread)
-
Exit the trade if (1) stop loss gets triggered, or (2) exit alert is provided in group
-
In the end, either a profit of $100 per contract or a loss of $200 per contract
SPX 200 Strategy
​
-
One trade per day
-
Enter alerted 1-dte Iron Condor for next day after the market ends
-
No stop loss needed
-
Exit the trade if an exit alert is provided in group next day
-
In the end, either a profit of $200 per contract or a loss of $300 per contract
NOTE:
​
-
Though $25k trading capital is needed, the max capital risk depends on the strategy chosen
-
Modifications to strategy discussed in discord
-
Both strategies have been profitable till date and have not realized max risk yet