I’ve back tested every single imaginable 0dte strategy, in short. No consistent edge exists.

I’ve tried long, short, spreads, nakeds and everything on betweeen. I did find a strategy that is the tiniest bit profitable, I’m talking super small. Like trading the same strategy with one contract every single day would net you maybe $50.00 per month on average (no I’m not joking). So sure, I suppose if you had a million dollar account and utilized 1-2% of that per day on this strategy, I suppose you would make an ok amount.

But for the average Joe with under $100,000 in your account? Throw it all in SPY and check it in 25 plus years. What truly blew me away was just how efficient everything is, to the point where every strategy just ended up being a wash in the end and no one had a true consistent edge, I don’t know who or what controls this but my god they are one well oiled machine in ensuring that no one can get a consistent edge over time