The Iron Barbie
When every day 0DTE SPX options were delivered in April of 2022, I got to work developing an every day income-producing iron condor. In 2023, frustrated with missing opportunities to place the trade, I developed an algorithm to calculate and place the trade for me each day. The specific management rules are a secret recipe and evolve over time along with market conditions while I continue market & option chain analysis and continue to tighten trade management rules to ensure the best results possible.