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. ...

May 1, 2026 · 7 min · 1356 words · Veni Lakshmi Mareeswaran

0DTE SPX: The 'Ride or Die' Iron Fly

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. ...

April 29, 2026 · 2 min · 403 words · Veni Lakshmi Mareeswaran
For educational purposes only. Not financial advice. Options trading involves significant risk of loss.