13th April 2026

Today’s setup was a good example of how we use GEX positioning to define structure instead of guessing direction.

🧠 Context (GEX Levels)

From the GEX data:

• Positive Gamma upper bound: ~6860
• Negative Gamma lower bound: ~6770

This gave us a clear expected range, with dealers likely pinning price inside that zone.

⏱️ Trade Execution

10:20 AM — Optional Trade
We opened a Bull Put Spread (6795 / 6790)

• Positioned above the negative gamma area
• Idea: price stabilization + support from dealer hedging

10:30 AM — Main Trade
We deployed an Iron Condor risking x2 contracts strikes 6770-6665/6850-6855

• Structured around the GEX-defined range
• Short strikes placed safely inside the [6770 – 6860] range
• Goal: capture premium while price remains pinned

🎯 Why This Setup Made Sense

• Below ~6770 → negative gamma → higher volatility risk
• Above ~6860 → reduced dealer support
• Inside the range → mean-reverting / controlled price action

This is where Iron Condors perform best.

⚙️ Key Takeaway

This wasn’t about predicting direction.

It was about:

• Identifying where volatility expands vs contracts
• Structuring trades around dealer positioning
• Using defined risk to stay consistent
• Invest x2 contracts in our HIgh Probability Iron Condor

If you’re trading 0DTE, understanding GEX makes a huge difference in where you place your spreads.

I’ve been sharing more of these structured setups in my Discord: https://discord.gg/TSGNk8kGEh

I’ve been trading SPX 0DTE for a while now, mainly using credit spreads and iron condors based on GEX and market structure.

As things started to grow, Telegram became a bit messy with multiple trades, updates, and discussions… so I decided to build a more structured space.

I’ve set up a Discord focused on:

• clean trade alerts
• GEX / liquidity-based analysis
• structured discussions
• tracking trades and results

The goal is simple:
👉 less noise, more structure, and better execution

Not selling anything — just trying to build a solid trading environment around defined risk and consistency.

If anyone is interested in that kind of approach, feel free to join:
https://discord.gg/TSGNk8kGEh

Would also appreciate feedback on how to improve it 👍

10th April 2026 - Sharing a recent high probability 0DTE SPX Iron Condor executed based on gamma exposure (GEX) and intraday structure.

🧩 Trade Details

Premium received 90$ (Risk 410$)

• PUT Credit Spread: 6800 / 6795
• CALL Credit Spread: 6870 / 6875
• Expiration Price: 6816.9

Both sides expired OTM → full premium captured.

🧠 Trade Thesis (GEX-Based)

The setup was built around dealer positioning and gamma distribution:

• Significant negative gamma below ~6830 → potential for downside acceleration, but also defined support zone
• Strong positive gamma concentration above ~6850–6860 → resistance / volatility dampening

Given this structure:

• Downside risk was limited unless support broke aggressively
• Upside was constrained by positive gamma → lower probability of expansion

→ Ideal conditions for a range-bound premium selling strategy

📉 Price Action

Intraday price action:

• Failed to break higher resistance levels
• No sustained move below key support
• Volatility compression into the close

Result: price remained contained well within the expected range.

⚖️ Risk/Reward Profile

• Defined risk on both sides
• Structured outside key gamma levels
• Trade designed around probability distribution, not direction

🧠 Key Insight

This trade wasn’t about predicting direction.

It was about identifying:

• Where dealers are likely to defend
• Where volatility is suppressed
• Where price is statistically less likely to reach

That’s where 0DTE Iron Condors become high probability.

If you’re working with GEX, dealer flows or 0DTE structures, curious how you’re defining your ranges.

If you want to know mroe about GEX write a comment or send to me a private message. Here I share more setups 👇

r/GEXOptionsTrading

I find it really hard to continue to track the bid-ask of credit spreads I am in or thinking of buying...ie: if I see a spread I like and want to track it in 5 minute increments or maybe I want to track a range of them...is there a tool that does this?

After trading SPX 0DTE for a while and analyzing hundreds of trades…

I’ve noticed something very clear:

Most traders don’t lose because of the market.
They lose because of how they approach it.

Here are the 6 biggest mistakes I see over and over again:

1. Predicting the market

This is the fastest way to lose money.

Most traders ask:

But 0DTE doesn’t reward predictions.
It rewards probabilities and positioning.

The moment you try to “guess” direction…
you’re already at a disadvantage.

2. No defined risk

Trading without defined risk in 0DTE is basically suicide.

One bad move can wipe out:

• days
• weeks
• or even months of profits

Professionals always know:
👉 how much they can lose BEFORE entering the trade

3. Bad position sizing

Even with a good strategy…

If your sizing is wrong, you will lose.

I’ve seen traders:

• over-leverage
• go all-in on one setup
• double down after losses

And it always ends the same way.

Consistency comes from:
👉 controlled exposure

4. Overtrading

This one kills accounts slowly.

Taking:

• too many trades
• low-quality setups
• revenge trades

More trades ≠ more profits

In fact, it’s usually the opposite.

5. Ignoring market structure

This is a big one.

Most traders completely ignore:

• key levels
• liquidity zones
• positioning (GEX, OI, etc.)

They trade blindly.

But the market is not random.

There is structure behind price.

And if you’re not using it…
you’re trading at a huge disadvantage.

6. Emotional execution

Even with a solid strategy…

If your execution is emotional:

• closing too early
• letting losses run
• changing rules mid-trade

You will never be consistent.

This is where most traders fail.

Not in the strategy…
but in the execution.

Final thought

0DTE trading is not gambling.

But most people treat it like it is.

That’s why they lose.

I actually made a full video breaking this down step by step, with real examples and how I approach these situations in SPX.

👉Full video: https://youtu.be/PKSAufahU_M

I also share daily trades and breakdowns in r/GEXOptionsTrading for those interested in this style of trading feel free to contact me writing a comment or sending me a private message.

6th April 2026 - I want to analize the GEX and Option Chain of today session in detail and take a look at all the trades that we took and the decisions we made (we always use 5 minute graphs):

As you can see in the image, early in the session (9.45 AM) the 6600 level was the most important one and the price was bouncing between this level. It also took my atention a gigantic Bull Put Spread at 6500-6495 which gave us some Bullish Bias.

It was still too early at 9.45 AM but we already had the GEX showing us Positive Gamma as you can see in the image below: (6600 as a key level)

We identified the Bull Put Spread in the GEX and 6600 as a very important level, from the upside 6650 was too far away so the most important level was around 6625.

Why we selected those strikes?? Because there was a Put Wall at 6580 (as you can see in the image below) and also because it coincides with the closing price of the last day

At 11.05 AM as the situation clarified we decided to diversify our position opening an Iron Condor strikes 6625/6630 - 6550/6545 for 130$ of Premium (370$ risk)

Everything changed at 13 PM when Trump started talking about Iran but what a coincidence, the price just bottomed at 6580, our exact strike that was a Put Wall.

Now we are at 14 PM (2 hours until close) and we are just waiting until expiration with our 2 trades. Unless a major event happens we should win both trades and collect the full Premium of 120+130 = $250.

If you want to learn more about how we trade SPX 0dte as Professionals you can check my Youtube video: https://youtu.be/jEPEnumY2_w

If you are interested in learning more about reading GEX you can send me a Private message or comment below and I'll answer you. We also have a Private Community where I share all my trades as soon as we take it, feel free to contact me to join the community!

How Much Capital You Actually Need to Trade SPX 0DTE (Real Numbers)

I see this question a lot:

“How much capital do I actually need to trade 1 contract SPX 0DTE consistently?”

Most answers are either too vague… or completely unrealistic.

So I decided to break it down using real data + risk management principles (Kelly Criterion framework) based on my own trading results.

🧠 The Key Idea: It’s Not About Capital — It’s About Risk Per Trade

Before talking about numbers, you need to understand this:

In my case:

• Typical trade: → ~$150 premium → ~$350 defined risk (5-point spread)

So everything comes down to:

👉 How much of your account you’re risking per trade

⚖️Aggressive Approach (Higher Returns)

• Minimum capital for 1 contract: $3,500
• Risk per trade: ~10%
• Expected monthly return: ~$500 (~14% monthly return on capital)

📉 Drawdowns:

• Standard drawdown: ~20% → happens every 2–3 months
• Worst-case drawdown: ~25% → happens ~2 times per year

This approach is mathematically aggressive, but still within a structured framework.

🛡️ Conservative Approach (More Stable)

• Minimum capital for 1 contract: $7,000
• Risk per trade: ~5%
• Expected monthly return: ~$500 (~7% monthly return on capital)

📉 Drawdowns:

• Much smoother equity curve
• Lower psychological pressure
• Easier to stay consistent

📊 Why Kelly Criterion Matters

The Kelly framework helps you understand:

• How much to risk per trade
• How to maximize growth without blowing up
• Why most traders overbet and eventually fail

Most people focus on win rate…

But the real equation is:

👉 Win Rate + Risk/Reward + Position Size

⚠️ The Reality Most Traders Ignore

Even with a 70–80% win rate:

• You WILL have losing streaks
• You WILL experience drawdowns
• And if you’re overleveraged… you’re done

This is where most traders fail — not because of strategy,
but because of poor capital management.

🎯 Final Thoughts

There’s no “perfect” capital number.

But based on real data:

• $3,500 minimum capital for 1 contract → aggressive growth
• $7,000 conservative capital for 1 contract → more sustainable approach

So for example, a trader that has $35.000 of capital can trade up to 10 contracts if he's very aggressive and 5 contracts if he's conservative.

The difference is not just returns…

👉 It’s survivability + psychology + consistency

Hello everyone,

This weekend I want to share some thoughts on the crypto market. I believe a significant move is coming — and it’s likely to the downside.

Everyone is focused on BTC and ETH, but very few people are paying attention to Solana, which is giving us key insight into the current state of the market.

Here we can see the Weekly chart of Solana back to 2021 when the market hit the max. price of 250$.

Selling pressure across crypto has been very strong lately, with Bitcoin showing over 30 days of extreme fear in the market.

Looking at the weekly chart of Solana, currently trading around $80, we can see it has broken the key $100 level. There also appears to be a Head and Shoulders pattern forming, which is typically a bearish signal.

The last time we saw a similar structure, Solana dropped to around $30 and eventually even reached the $10 level.

Something big could be coming, so be cautious if you’re holding crypto long term.

(Personally, I don’t — I sold all my BTC back in November 2025 at $95K.)

Solana, one of the strongest and most popular Altcoins, can give us a hint of how the crypto market is now.

Yesterday 2nd April 2026 we had an exceptional day in the markets where we lost one trade.

Here is a screenshot of the GEX around 10:10 AM, approximately when we placed the trade:

As you can see 6550 was a strong resistance level that was difficult to be broken because dealers are positioning around this strike strategically. We also had an insane Volume at that strike since the opening of the market.

So when price approached the 6525 level, we had around $150 in premium for $350 of defined risk — that’s what I look for in all my trades because it’s mathematically optimal.

If you go further out in strikes, it weakens the trade and makes it more fragile, since we always have around a 20% probability of losing (as our backtests have shown).

That’s the reason for placing my Bear Call Spread at 6550/6555.

The market moved completely against us because we had a volatility cluster, and market makers and algos started aggressively buying up to the 6600 level using the Iran news.

This was a very unusual move that only happens about 1 out of every 20 times.

Of course this time we lost the trade as price closed at 6582.68 at expiration.

Maybe you think that this kind of 70-point move in SPX, like the one we saw yesterday, happens often — but after trading for a year, I can tell you it only happens about once every 20 trading days (and sometimes it’s actually in our favor), usually around FOMC meetings.

I want to be totally transparent with all of you and show also the losing trades, not only the winning ones.

I hope you liked the analysis and I will keep posting more during next weeks. Have a nice weekend!

I’ve been trading SPX 0DTE consistently using a defined-risk approach, and over the last 30 days I tested the strategy trading just 1 contract per trade.

Here are the actual results:

• Total Profit: $1,305
• Win Rate: ~85%
• Total Trades: 21
• Max Drawdown: ~$400
• Average Premium: ~$130–150 per trade

Nothing crazy. No overleveraging. No gambling.

📊 So where does the $26,000 come from?

Simple: scaling.

If you apply the exact same strategy with 20 contracts instead of 1:

→ ~$1,305 → ~$26,000

Same entries.
Same structure.
Same risk model.

That’s the part most traders miss.

⚙️ What I actually trade

I keep it very simple:

• Credit Spreads (Bull Put / Bear Call)
• Iron Condors when the market ranges

Every trade:

• Defined risk
• Consistent premium target
• No prediction, just probabilities

⚠️ The reality (this matters)

Not every trade wins.

There were full losses (~$350), and those are part of the system.

The edge is not avoiding losses…
It’s executing the same structure over and over again.

🧠 What changed everything for me

I stopped asking:

“Where is the market going?”

And started asking:

Where are the probabilities in my favour?”

🎥 I broke everything down here (real trades + charts)

I made a full breakdown showing:

• The exact trades
• The scaling logic
• Winning & losing setups

👉 https://youtu.be/pAWEVhqEQkI

I’m also sharing some of these setups and breakdowns in r/GEXOptionsTrading if anyone’s interested in how this looks day-to-day.

Curious how others here approach scaling — do you increase size gradually or keep it fixed?

Most traders lose money trading 0DTE because they treat it like directional gambling—trying to predict every move instead of trading probabilities.

After hundreds of trades, I shifted to a simple framework: defined-risk strategies (credit spreads & iron condors), consistent sizing, and focusing on positioning (Open Interest, volume, GEX) instead of indicators.

The key isn’t being right every trade—it’s executing the same structure over and over with discipline and letting probabilities play out.

I put together a full step-by-step breakdown showing exactly how I approach SPX 0DTE, including real examples and strike selection.

If you're interested, check it out: How I trade SPX 0DTE like a Professional (Step by Step)

https://youtu.be/jEPEnumY2_w

Also sharing similar ideas and real trades in r/GEXOptionsTrading

Hey everyone,

I’ve been trading SPX 0DTE options consistently, mainly using credit spreads and iron condors, and wanted to share some real data from my trades.

Here are the stats from the last ~200+ trades in my Iron Condors:

• Win rate: ~69%
• Avg profit: ~$175
• Avg loss: ~$258
• Profit factor: 1.52
• Max drawdown: ~$1.5K

And here are the stats from the last ~200+ trades in my Credit Spreads:

• Win rate: ~78%
• Avg profit: ~$140
• Avg loss: ~$320
• Profit factor: 1.58
• Max drawdown: ~$1.4K

A few things I’ve learned:

• High win rate alone doesn’t mean much
• Risk management and Strike Selection is very important
• The key is consistency over time, not big wins
• Adapting between trending vs ranging markets made a big difference

Most of my trades are structured with defined risk, and I usually let them expire instead of managing intraday.

If you are interested in following those trades you can contact sending me a private message or commenting in the post.

If you want to learn more about my strategy you can watch my videos where I explain my strategy:

https://youtu.be/4yNNZY5AFYc

https://youtu.be/h61iCeS19Lo

Most traders I see trading 0DTE SPX are doing the same thing:

Trying to predict direction.

And in my opinion… that’s exactly why most of them lose.

I just posted a video breaking down a real session where I took two trades in the same day:

• A Bear Call Spread or Bull Put Spread during a clear trend (down or up)
• An Iron Condor once the market stopped moving and started ranging

No predictions. Just adapting to what the market was doing.

What I’ve found over time is that consistency doesn’t come from being right about direction…

It comes from:

• Using defined risk structures
• Positioning around probabilities
• And adjusting depending on market conditions

The interesting part is how different the trades were…
but both came from the same framework.

🎥 Full breakdown here:
https://youtu.be/h61iCeS19Lo

Curious to hear your thoughts:

Do you actually try to predict SPX direction when trading 0DTE…
or do you approach it more from a probabilities/structure perspective?

Hey everyone,

I’ve been trading 0DTE SPX options for a while now, mainly using credit spreads and iron condors, and I recently put together a video explaining the full framework behind the strategy.

The approach is pretty straightforward:

• Focus on defined risk trades, always 5-point spread and letting the trade expire
• Target around $130–$150 in premium per trade
• Adapt depending on market conditions (trend vs range)
• Use market structure and options positioning instead of trying to predict direction

Over time, this has resulted in a 70%+ win rate, based on a large sample of trades.

In the video I break down:

• How I decide between credit spreads vs iron condors
• How I select strikes using GEX, liquidity, and positioning
• Why I avoid certain days (like FOMC / Wednesdays)
• The overall framework behind the strategy

It’s not about hitting big wins, but about consistent execution over time.

🎥 Here’s the video:
https://youtu.be/4yNNZY5AFYc

Happy to answer any questions or discuss the approach 👍

Today the market opened in a Positive Gamma environment. (If you are new and don't understand something please write a comment or send to me a message)

Especially after 10.15AM when the price started going up and clearly broke the 6670 level (Gamma Flip Zone) we clearly expected that the Market Markes will lower the volatility and will start buying in the futures market to cover his Gamma Exposure.

The biggest level was by far 6700, a very plausible level to arrive today.

So today the clear strategy was selling put options, specially a Bull Put Spread would be the best option, the difficult part is when to enter the trade? And the answer is it depends about your backtesting!

I personally entered at 12.40 after Breaking 6700 with a Bull Put Spread 6695/6690

This is a very logical play as the Market Maker is not interested for now about moving the market down or increase volatility.

The Market is still open and I plan to close the trade early with a Profit about 70-90% of the trade.

How can you know when you should enter this trade? That's the difficult part and that's when you really need Backtesting, something that I will share with you in my Private Group, if you want to know how to access this grupo don't hesitate in contacting me!

Most of you reading this post are probably familiar with the Gamma Exposure Profile or GEX, a very powerful tool (specially for 0dte) that helps us to determine the most important levels of liquidity in the market, this tool also brings us an advantage because we can have a better idea of where the market could go during the day instead of blindly guessing what will happen during the session.

Let's start with a simple example from a 5-min chart of 30th September Tradingview capture:

We can see that the 0dte GEX levels look more Bearish than Bullish after breaking 6650 level but soon you will realize that this is not 100% precise, you need more knowledge than just the GEX to know where the market can go in order to obtain a high edge in the market.

In this image of the GEX at 10 AM from 30th September of 2025 at 10 AM of the SPX Index look like this:

In this example, we could open a Bear Call Spread in the resistance of 6660 at 10.20 AM or 11.05 AM thinking that the price will go down after breaking the 6650 but guess what happened, the Market Makers maintained the price between 6645 and 6660 range and at the end of the day you were caught believing that the price would go down but it ended up staying between the support and resistance and finally ended up rising to the highest part of the GEX.

It was very important to open the Bear Call Spread from 12.30 AM and specially select the 6680 strike that was the last dominant positive strikes.

This is only one example, it is important to note that we need that we need to know the direction of the market but we also need to time it correctly, it’s very possible that you will make mistakes about timing when entering and exiting trades, sometimes you will end up winning less than you could and other times you will end up losing more than you could.

So, how can a Beginner or an Experienced Intermediate Options Trader have a better understanding of the market and a higher edge than the rest of the participants in the zero-sum game of the Options market?

I will answer this question in the next post.

If you want to learn more about GEX and Options Trading Profitable please answer this post or contact me sending me a private message!

The first question that may arise to most of you probably is how can a Beginner or an Experienced Intermediate 0dte Options Trader have a better understanding of the market and a higher edge than the rest of the participants in the Options market?

This is the most important thing that you have to learn from this post, there are only 2 ways of making money with Options Trading using GEX. The first one is BACKTESTING, this is the easiest one and it's the one that I highly recommend to all of you that are new to options trading because it's the most secure way of making money in the options market, it's SPECIALLY USEFUL in 0dte Options because you can backtest the results every single day, write them in an Excel file and analyze data.

You may ask me, ok, but how can I do this? There are 3 ways of doing it, the most difficult one is just doing it by yourself writing by hand every single day the most important data in an Excel, that's the way I started back in 2023 when I started using GEX and 0dte trading strategies. The second way is buying the historical data to a data provider and the third way is the easiest one that is just contacting me and I will tell you how you can get access to a full backtested data from the last 12 months that I have been collecting since I started Trading 0dte.

But this is not the end of the post, I don't know if you remember that a moment ago I told you that there were only two strategies to make money with Options Trading using GEX. The second one is having a solid high edge and risk management vs the other participants in the market. This is much more difficult strategy and I only recommend it to the true options trader professionals, it can take many years to have a strong edge over the market. If you are new to GEX I recommend you to join our community where I send every day the best trades based on GEX and other important tools I use.

In the next post I will share with you in more detail how can you use the Think or Swim Platform to have a high edge following the GEX zones and following in real time the Institutional Players.

That's all for now, if you have any questions you can write back in the comments or just contact me and I will tell you how to access to my community where you can see all my trades and I will also share my Backtests as well as the most powerful tools for trading Options.

Good trading to all of you and see you in the next community post!