Zero DTE Traders Make $1,000 While Others Make $350

Zero DTE iron condors collect $2.50. Five day iron condors on the same strikes collect $10.90. So obviously the five day is better right? Tom Preston ran the math and the answer is not that simple. Sell the five day and buy it back four days later when it has one day left: you make about $350. Sell a zero DTE every single day for those same four days at $2.40 each: you make close to $1,000. Even taking the zero DTE off at 50 percent profit gets you around $480. Both beat the five day approach if the SPX behaves normally. The reason zero DTE is popular is the speed of the profits. SPX does not typically make as big moves in one day as it does in five. That edge is the whole point. There is no best here. There are only choices. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Why Tom trades zero DTE over longer dated SPX options 0:29 Five years of SPX data: 1 day 2 day and 5 day histograms 1:24 Bigger potential moves in five days than one day 2:27 Zero DTE iron condor: $2.50 credit 3:03 One day iron condor same strikes: $7.20 credit 4:18 Five day iron condor same strikes: $10.90 credit 5:10 Sell five day buy back after four days: $350 profit 5:57 Sell zero DTE every day for four days: nearly $1,000 6:25 Zero DTE at 50 percent profit: still beats the five day 6:57 Why zero DTE speed of profit is the real edge 7:21 The risk: a big intraday move and no recovery time 8:07 Same risk exists on longer dated options in a crash 8:24 There is no best here. There are only choices. #ZeroDTE #IronCondor #OptionsTrading #TomPreston #tastylive #CherryBomb #SPXOptions #OptionsEducation tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.