https://www.optionsdecay.com/ Recent content in OptionsDecay.com — Systematic Options Selling on 0DTE SPX Bot Trade Logs & Options Education | OptionsDecay.com https://www.optionsdecay.com/images/logo.png https://www.optionsdecay.com/images/logo.png en-us Wed, 13 May 2026 19:33:04 -0400 https://www.optionsdecay.com/strategies/advanced/long-straddle/ Wed, 13 May 2026 16:56:15 -0400 https://www.optionsdecay.com/strategies/advanced/long-straddle/ Buy an ATM call and an ATM put at the same strike and expiration. Pay a net debit and profit when the underlying makes a large move in either direction. https://www.optionsdecay.com/strategies/advanced/short-straddle/ Wed, 13 May 2026 16:53:35 -0400 https://www.optionsdecay.com/strategies/advanced/short-straddle/ Sell an ATM call and an ATM put at the same strike and expiration. Collect a net credit and profit when the underlying stays close to the strike through expiration. https://www.optionsdecay.com/strategies/advanced/iron-condor/ Wed, 13 May 2026 16:44:30 -0400 https://www.optionsdecay.com/strategies/advanced/iron-condor/ Sell a call spread above the market and a put spread below it. Collect premium on both sides and profit if the underlying stays within your defined range at expiration. https://www.optionsdecay.com/strategies/advanced/long-iron-condor/ Wed, 13 May 2026 16:44:30 -0400 https://www.optionsdecay.com/strategies/advanced/long-iron-condor/ Buy a call spread above the market and a put spread below it. Pay a net debit and profit if the underlying makes a large move in either direction. https://www.optionsdecay.com/strategies/beginner/long-call/ Wed, 13 May 2026 16:39:47 -0400 https://www.optionsdecay.com/strategies/beginner/long-call/ Buy a call option to profit from a rising stock or index. Limited loss, unlimited upside — but you need to be right about direction, magnitude, and timing. https://www.optionsdecay.com/strategies/beginner/long-put/ Wed, 13 May 2026 16:39:47 -0400 https://www.optionsdecay.com/strategies/beginner/long-put/ Buy a put option to profit from a falling stock or index. Limited loss, large downside potential — but you need to be right about direction, magnitude, and timing. https://www.optionsdecay.com/posts/2026/05/2pm-ironfly-may-13-underwater-for-110-minutes/ Wed, 13 May 2026 16:30:00 -0400 https://www.optionsdecay.com/posts/2026/05/2pm-ironfly-may-13-underwater-for-110-minutes/ A 0DTE SPX Iron Fly that took -47% heat, chopped sideways for an hour, and then collapsed to +82% in the final nine minutes. The trade no discretionary hand would have held. https://www.optionsdecay.com/posts/2026/05/9-32am-iron-condor-may-13-388-in-53-minutes/ Wed, 13 May 2026 11:30:00 -0400 https://www.optionsdecay.com/posts/2026/05/9-32am-iron-condor-may-13-388-in-53-minutes/ A 0DTE SPX Iron Condor closed for a 38% profit in 53 minutes. The same bot took a 52% loss two days earlier. Here's why the same delta target produced very different outcomes — and what it says about implied volatility at the open. https://www.optionsdecay.com/posts/2026/05/paying-out-an-insurance-claim-0dte-spx-iron-fly/ Wed, 13 May 2026 00:24:49 +0000 https://www.optionsdecay.com/posts/2026/05/paying-out-an-insurance-claim-0dte-spx-iron-fly/ A detailed trade review of a 0DTE SPX Iron Fly that took maximum heat in a one-sided market, highlighting the realities of mechanical option selling. https://www.optionsdecay.com/posts/2026/05/the-pain-of-the-mechanical-edge-0dte-spx-iron-condor/ Wed, 13 May 2026 00:03:12 +0000 https://www.optionsdecay.com/posts/2026/05/the-pain-of-the-mechanical-edge-0dte-spx-iron-condor/ Reviewing a 0DTE SPX Iron Condor that nearly hit its profit target before a sharp reversal triggered a stop-loss, emphasizing the importance of mechanical discipline. https://www.optionsdecay.com/posts/2026/05/why-we-spread-bot-entries-across-the-morning/ Mon, 11 May 2026 18:00:00 -0400 https://www.optionsdecay.com/posts/2026/05/why-we-spread-bot-entries-across-the-morning/ A detailed log of five staggered 0DTE SPX Iron Condor bots on May 11, illustrating the importance of time diversification in mitigating gamma risk. https://www.optionsdecay.com/posts/2026/05/the-9-32am-iron-condor-a-17-minute-squeeze-and-the-cost-of-doing-business/ Mon, 11 May 2026 14:30:00 -0400 https://www.optionsdecay.com/posts/2026/05/the-9-32am-iron-condor-a-17-minute-squeeze-and-the-cost-of-doing-business/ A detailed breakdown of a 0DTE SPX Iron Condor trade stopped out in 17 minutes by a rapid morning gamma squeeze, demonstrating why strict stop losses are mathematically necessary for mechanical systems. https://www.optionsdecay.com/strategies/intermediate/bear-call-spread/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/bear-call-spread/ Sell a call at a lower strike, buy a call at a higher strike. Collect a net credit and profit if the underlying stays flat or falls — with a defined maximum loss. https://www.optionsdecay.com/strategies/intermediate/bear-put-spread/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/bear-put-spread/ Buy a put at a higher strike, sell a put at a lower strike. Reduces the cost and risk of a long put — at the cost of capping your maximum profit. https://www.optionsdecay.com/strategies/intermediate/bull-call-spread/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/bull-call-spread/ Buy a call at a lower strike, sell a call at a higher strike. Reduces the cost and risk of a long call — at the cost of capping your maximum profit. https://www.optionsdecay.com/strategies/intermediate/bull-put-spread/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/bull-put-spread/ Sell a put at a higher strike, buy a put at a lower strike. Collect a net credit and profit if the underlying stays flat or rises — with a defined maximum loss. https://www.optionsdecay.com/strategies/beginner/cash-secured-put/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/beginner/cash-secured-put/ Sell a put backed by cash to collect premium while waiting to buy stock at a price you want — or keep the income if the stock stays above your strike. https://www.optionsdecay.com/strategies/intermediate/collar/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/collar/ Own stock, sell a call above the current price, buy a put below it. The call premium funds the put, creating a zero-cost hedge that caps both upside and downside. https://www.optionsdecay.com/strategies/beginner/covered-call/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/beginner/covered-call/ Sell a call against stock you already own. Collect premium upfront, lower your cost basis, and generate consistent income — at the cost of capping your upside. https://www.optionsdecay.com/strategies/beginner/protective-put/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/beginner/protective-put/ Buy a put option against stock you already own. Define your maximum loss and keep unlimited upside — at the cost of paying ongoing premium for the protection. https://www.optionsdecay.com/strategies/intermediate/short-put/ Sun, 10 May 2026 16:52:41 -0400 https://www.optionsdecay.com/strategies/intermediate/short-put/ Sell a put option on margin without fully cash-backing the position. Collect premium with bullish-neutral bias — but accept significant downside exposure if assigned on leverage. https://www.optionsdecay.com/posts/2026/05/10-30am-iron-condor-recap-when-60-percent-still-loses/ Sun, 10 May 2026 11:00:00 -0400 https://www.optionsdecay.com/posts/2026/05/10-30am-iron-condor-recap-when-60-percent-still-loses/ The 10:30 AM Iron Condor bot won 3 of 5 trades last week and still lost money — net -$23. The math explains why. So does the entry time. Full minute-by-minute breakdown of all five days. https://www.optionsdecay.com/posts/2026/05/2pm-0dte-spx-iron-fly-recap-the-discipline-of-probability/ Sat, 09 May 2026 10:00:00 +0000 https://www.optionsdecay.com/posts/2026/05/2pm-0dte-spx-iron-fly-recap-the-discipline-of-probability/ Full minute-by-minute recap of our 0DTE SPX Iron Fly bot for May 4–8, 2026: four wins, one brutal loss, and a 9-minute gamma explosion that tells the real story of Wednesday. https://www.optionsdecay.com/posts/2026/05/2pm-ironfly-four-day-log-apr28-may1/ Fri, 01 May 2026 16:30:00 -0400 https://www.optionsdecay.com/posts/2026/05/2pm-ironfly-four-day-log-apr28-may1/ The 2:00 PM Iron Fly bot has no profit target and no stop loss — it holds to 3:59 PM every single day. Over four days it made $520, $1,835, lost $348, and lost $590. Net: +$1,417. https://www.optionsdecay.com/posts/2026/05/9am-iron-condor-three-day-log-apr29-may1/ Fri, 01 May 2026 14:00:00 -0400 https://www.optionsdecay.com/posts/2026/05/9am-iron-condor-three-day-log-apr29-may1/ The same 9:32 AM Iron Condor bot ran for three straight days. It won twice, lost once, and ended the week up $30. Here's what each day actually looked like from the inside. https://www.optionsdecay.com/posts/2026/04/0dte-spx-ironfly-stop-loss-2026-04-30/ Thu, 30 Apr 2026 16:00:00 -0400 https://www.optionsdecay.com/posts/2026/04/0dte-spx-ironfly-stop-loss-2026-04-30/ Two Iron Fly bots. Same wings, same stop loss, same afternoon. The 1:45 PM bot lost $1,531. The 2:15 PM bot made $35. The only difference was when they got in. https://www.optionsdecay.com/posts/2026/04/0dte-spx-iron-condor-9am-open-2026-04-30/ Thu, 30 Apr 2026 11:00:00 -0400 https://www.optionsdecay.com/posts/2026/04/0dte-spx-iron-condor-9am-open-2026-04-30/ The 9:32 AM open threw everything at this Iron Condor — two separate dips to -42% and -39% within the first 90 minutes. Then the market found its range, and the bot closed at exactly 35%. https://www.optionsdecay.com/posts/2026/04/0dte-spx-iron-fly-ride-or-die-2026-04-29/ Wed, 29 Apr 2026 16:30:00 -0400 https://www.optionsdecay.com/posts/2026/04/0dte-spx-iron-fly-ride-or-die-2026-04-29/ Why I let my 2:00 PM Iron Fly run without a stop loss or profit target, and how it nearly hit a perfect pin. https://www.optionsdecay.com/posts/2026/04/0dte-spx-54-minutes-iron-condor-2026-04-29/ Wed, 29 Apr 2026 11:00:00 -0400 https://www.optionsdecay.com/posts/2026/04/0dte-spx-54-minutes-iron-condor-2026-04-29/ A look at a mechanical 35% win on a high-IV morning and why sticking to the rules is the hardest (and most important) part. https://www.optionsdecay.com/0dte-options-trading/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/0dte-options-trading/ Everything you need to know about 0DTE options — what they are, why traders use them, SPX iron condor mechanics, risk management rules, and how to automate your entries. https://www.optionsdecay.com/about/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/about/ Learn who we are and why we built OptionsDecay.com — a platform dedicated to systematic options selling education. https://www.optionsdecay.com/contact/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/contact/ Get in touch with the OptionsDecay.com team — questions, feedback, or topic suggestions welcome. https://www.optionsdecay.com/introduction-to-options-trading/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/introduction-to-options-trading/ Learn the fundamentals of options trading — what calls and puts are, how they're priced, and the key concepts every trader must understand before placing a single trade. https://www.optionsdecay.com/option-selling-advantages/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/option-selling-advantages/ Discover why professional traders sell options instead of buying them. Learn how theta decay, high win rates, and statistical edge make option selling the preferred approach for consistent income. https://www.optionsdecay.com/privacy/ Sun, 26 Apr 2026 23:27:03 -0400 https://www.optionsdecay.com/privacy/ Privacy Policy for OptionsDecay.com — how we collect, use, and protect your information.