Tag Archives: VIX Regimes

The 0DTE Butterfly Strategy: A Practitioner’s Guide to Asymmetric SPX Trades

The 0DTE butterfly strategy is the closest thing options trading has to an unfair advantage. You risk $40 to $150 per trade. Your potential return is 5 to 35 times that risk. And the best part — you know your maximum loss before you enter the trade. This isn’t a strategy guide written by someone […]