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.
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.
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.
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.
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.
Most traders talk about ’tight stops’ and ’locking in profits,’ but today’s trade was about the opposite: pure mechanical commitment. The bot I used for this afternoon session is named ‘2:00pm - Ironfly - $40 width - No Profit & No Stoploss.’ It’s a strategy designed to let the math play out fully until the final minutes of the market. No flinching, no early exits, just a bet on the 7130 pin. ...