Collecting $1,000 a Day, Trading Options! 0DTE SPX Iron Fly's Strategy! (5-8% a Day!)

Collecting $1,000 a Day, Trading Options! 0DTE SPX Iron Fly's Strategy! (5-8% a Day!)

In this Video, I'm join with Vance Lorn from the Discord! Vance is one of the traders that has been giving plays for the group over the past few weeks! In this video we go over the strategy that has been giving us about 5-8% on our capital per expiration day. I'm currently up about $3,000 in the past month of playing these with the majority of my money coming in about 2 Friday's ago. I had 2 contracts and walked away with 11% on the day or roughly $1,075. What a week it's been. I've only lost on this strategy 1 time. I proceeded to make it back over the next week! Even today, was a great day for them!

Iron Fly's have been one of my favorite strategies to trader over the past few weeks! My account has grow so much quicker than any other strategy over the past month.

Mixing these trades in with Halcyon's plays, Maz's plays, my plays in the discord has just been putting my account on steroids!

Leave a like if you enjoyed this video! Means a lot to me!

#IronFly #0DTE #SPX

[loganlaj]

My best Iron Fly was $1, 075 in one day! Check out the story at the end of the video! 👍Leave a like as well! We call these out in the discord, as well. Monday, Wednesday, Friday!

[ygerman]

One of these days I'm gonna do a marathon with your videos . So much information that could be learned. I don't know how your channel hasn't blown up yet.

[scrappydoo]

Hi Logan, very informative, always learn something from your videos. Just a note (positive criticism), the volume levels between you and Vance is way off. If I set your voice level to normal, he is really loud. If I adjust to his level, can’t hear you.

[cliffpinchon]

Nice video. 👍 Quick question, with 0-DTE credit spreads on SPX, is there any risk of brokerages closing these out early, before market close?

[williamwerner]

Any updates on his 2nd Fly as a sort of defense backtesting?

[damonbecker]

Do you set a stop loss on these Iron Flies? Also, do you have a profit target or just take them off around 1pm Eastern?

[Kailashbhakth]

Bro your discord is bit expensive for me, Do you have any offers I’m interested in joining

[slickin]

Can someone explain exactly how to make a iron fly? I'm going to watch the video again but I don't understand 😕??

[alexmartins]

The only way to correctly test your theory is to develop statistics from years ago, just as Jim Olsen did.

[maggiecurry]

Hi Logan- thanks for sharing. What is the name of the guest? I couldn't hear the intro. Thanks!

[brooksl]

Are these 0 DTE Iron Fly's called out in the Launchpass subscription?

[mandytsai]

Hi, the launchpass says page not found, do u have other link? Thank you

[TheJtaylr]

I know you can do these trades in Tasty's IRA accounts but how do you deal with PDT opening and closing 0 DTE?

[decimate]

Have you guys tried them on spy or just spx?

[jasonlewis]

How can I get the link to the discord? Thanks!

[TheHiphopgems]

If it's 50 points wide isn't that 50 thousand dollars of collateral? Who has 50 k to spare/risk?

[ethanstrong]

****WARNING**** For anyone trying these trades out. I highly recommend avoiding these trades in a negative gamma environment (market makers sell/buy with the direction that the market is moving, which creates wide price swings) which we are in now hence the 80 to 100 point swings for the past month. These trades are only best in a positive gamma scenario and a lower volatility/vix structure. Hope this helps everyone out.

[SyvilMedia]

Do anyone actually try these and come back to the comment section explaining their success? ...

[kj.wakeup]

I put a scenario on RH with this. I would only lose 2k to make 28k lol. I’m pretty ballsy so if the setup is there. It’s interesting 🤨

[Book-Gnome]

If you close it the same day it's a day trade so better have $25k in your acct. Oh and enjoy blowing your account up lol.