Options Boot Camp 380: Let's Get Dangerous with 0DTE Iron Condors - podcast episode cover

Options Boot Camp 380: Let's Get Dangerous with 0DTE Iron Condors

Mar 05, 202631 minEp. 380
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Episode description

Fall in, recruits! Today, we're taking one of the most classic range-bound strategies and putting it through the 0DTE (Zero Days to Expiration) ringer. Is the Iron Condor the ultimate strategy for the current market environment, or a recipe for disaster?

Mark Longo and Dan Passarelli break down the "Great Iron Condor Renaissance." We move past the basic definitions and get into the "drills," applying this strategy to the new Monday and Wednesday weekly options in the Mag 7.

In this episode, we cover:

  • The Iron Condor Refresher: A deep dive into the mechanics—selling strangles vs. selling spreads.

  • 0DTE Strategy: Why these are getting hot again and how to pick your "danger zone."

  • The Apple ($AAPL) and Nvidia ($NVDA) Experiments: We look at real-time 0DTE setups to see where the "juice" is hiding.

  • Strike Selection: Why Dan prefers support and resistance over standard deviation in the 0DTE world.

  • Pro Trader Crate: We announce this month's lucky winner!

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