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.
Profit Target
+$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.
0DTE SPX: How a 9:32 AM Iron Condor Survived the Open and Hit 35%
Morning trades are different. The first hour after the open is where implied volatility is highest, spreads are widest, and the market is still figuring out where it wants to go. A 9:32 AM Iron Condor entry is a bet that after all that noise settles, SPX will park somewhere inside your range for the rest of the morning. Today, that bet nearly failed twice. Then it paid out exactly as designed. ...