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REDDIT
๐ฅ SPX 0DTE Iron Condor Setups โ Min. $100 Credit, 5-Point Strike Width! ๐ฅ
โ https://reddit.com/r/options/comments/1isfg4i/spx_0dte_iron_condor_setups_min_100_credit_5point/
Just scanned my SPX 0DTE options dashboard, and here are some of the best Iron Condor setups for today. ๐
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Minimum $100 credit on each setup
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5-point strike width on both short and long legs
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Risk/reward ratios ranging from 50% to 144%
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Balanced net delta for neutral trades
These setups are great for traders looking to capitalize on short-term premium decay while keeping risk manageable. The highlighted trade (6085/6090 - 6130/6135) has a 52% R/R and 38% POP, making it an interesting candidate for today's session.
You can also see the GEX levels on the first vertical metric in the tradingview chart. The GEX levels are based on individual strikes
Do you guys trade these types of 0DTE iron condors?