0DTE SPX: Same Strategy, 30 Minutes Apart, Completely Different Story
Today ran two Iron Fly bots in the same afternoon session. Same strategy, same $40 wings, same 100% stop loss rule. One lost $1,531. The other made $35 and closed clean at 3:59 PM. The only difference was a 30-minute gap in entry time. Here’s what happened. The Two Setups Both bots were looking for the same thing: sell the ATM straddle, buy $40 wings, collect premium, and let the afternoon session decay the position toward zero. ...