Underwater for 110 Minutes, +82% at the Bell: The 2 PM Iron Fly on May 13
The 2 PM SPX Iron Fly spent 110 of 119 minutes flat or negative, hit -47% at the worst tick, and still closed +$910 (+82%) because nothing was allowed to touch it.
0DTE
+$388 in 53 Minutes: The Day the 9:32 AM Iron Condor Worked
The same bot that lost $397 on Monday made $388 on Wednesday. The difference wasn’t luck — it was 20 extra points of cushion baked in by a different volatility regime.
Paying Out an Insurance Claim (0DTE SPX Iron Fly)
When a 0DTE SPX Iron Fly faces a relentless, one-sided market without a stop-loss, it becomes a textbook insurance claim payout. Here is the minute-by-minute breakdown of a $2,050 lesson in casino math.
The Pain of the Mechanical Edge (0DTE SPX Iron Condor)
A morning Iron Condor reached 33% profit before violently reversing to a stop-loss exit. This review explores the psychological cost of maintaining the statistical edge in option selling.
Time Diversification: How Spreading Bot Entries Saved the Day on May 11
Running a single 0DTE bot at 9:32 AM would have blown a hole in the account today. By staggering five identical bots across a 60-minute window, a brutal morning gamma squeeze was turned into a $553 winning day.
The 9:32 AM Iron Condor: A 17-Minute Squeeze and the Cost of Doing Business
When a 20-Delta Iron Condor meets a relentless morning rally, a 17-minute hold is all you get. Here’s why the mechanical 50% stop-loss is non-negotiable.
0DTE SPX Iron Condor Recap (May 4–8): A 60% Win Rate That Still Lost Money
Three wins, two losses, net -$23. That is a 60% win rate, and it produced a losing week. On the same SPX, in the same five sessions, the 2 PM Iron Fly bot made +$1,614. Different entry time, different bot, very different number on the spreadsheet. This piece is about what 10:30 AM costs you. The Setup The bot is a 0DTE iron condor on SPX. Every trading day at 10:30 AM ET, it sells a 20-delta call and a 20-delta put on same-day options, then buys $100-wide wings on each side for protection. After that it does one of three things: it hits its 35% profit target (close when the position has captured 35% of the credit collected), it hits its 50% stop loss (close when the position has lost 50% of the credit), or it force-exits at 1:00 PM ET if neither has fired. No adjustments. No rolling. No human override. ...
0DTE SPX Iron Fly Recap: The Discipline of Probability
Four wins, one brutal loss, and a +$1,614.00 week. The real story is what happened at 3:51 PM on Wednesday — a 7-point SPX spike in 60 seconds that turned a manageable drawdown into a -$1,350.00 gut punch. Here is the full minute-by-minute breakdown.
Four Days of the 2 PM Iron Fly: A Week Without an Exit Button
Most 0DTE bots are designed around exits. You set a profit target at 35% or 50%, and the bot takes the money and walks away. You set a stop loss at 50% or 100%, and the bot protects you from the worst. This bot doesn’t have either. The 2:00 PM Iron Fly enters at 2 PM every day, sells the ATM straddle, buys $40 wings for protection, and holds until 3:59 PM no matter what. There is no profit target to trigger early. There is no stop loss to save you. You are fully committed to wherever the market decides to close. ...
Three Days, One Bot: +$322, +$326, -$618
Three trading days. Same bot, same rules, same 9:32 AM entry window. By Thursday afternoon the scoreboard read: +$322, +$326, -$618. Net profit for the week: $30. That number deserves to be looked at honestly. Two wins that felt routine. One loss that felt brutal. And at the end of it, a $30 profit that doesn’t even cover lunch. This is what consistent mechanical trading actually looks like — not a highlight reel, not a horror story, just the math running its course across three very different mornings. ...