---
title: '0DTE Options Strategy EXPLAINED | Make $100 Daily'
source: 'https://youtube.com/watch?v=8p3yZszKr5g'
video_id: '8p3yZszKr5g'
date: 2026-07-25
duration_sec: 628
---

# 0DTE Options Strategy EXPLAINED | Make $100 Daily

> Source: [0DTE Options Strategy EXPLAINED | Make $100 Daily](https://youtube.com/watch?v=8p3yZszKr5g)

## Summary

This video presents a zero-days-to-expiration (0DTE) options strategy for small accounts, selling iron condors on SPY. The creator claims to have made an average of $100 per day over five consecutive trading days using this robotic approach. Key parameters include selling 20 delta options, taking profit at 15%, and using a 45% stop loss.

### Key Points

- **Five-Day Test Results** [00:16] — The creator tested the strategy for five days and achieved a 5-0 record with an average profit of about $100 per day.
- **Strategy Overview** [01:11] — The strategy involves selling iron condors on SPY to take advantage of time decay with low capital requirements.
- **Entry Parameters** [05:00] — Sell a 20-delta call and buy a call two strikes above; sell a 20-delta put and buy a put two strikes below.
- **Take Profit and Stop Loss** [05:30] — Take profit at 15% (buy back at 85% of credit), stop loss at 45% (buy back at 145% of credit).
- **Execution in Robinhood** [07:05] — Select SPY options with zero DTE, find strikes with delta ~20, place the iron condor order, and set a limit order for take profit.

### Conclusion

The zero DTE iron condor strategy offers a systematic way to trade SPY with small accounts, but long-term viability requires consistent risk management.

## Transcript

videos about zero DTE option strategies specifically for small accounts using spy so in today's video I'm going to show you guys a strategy that I tested out this past week for the last five days today's Friday so I I've been
testing this out since Monday and in the 5 days I've tested this out I'm 5 and0 and it's made an average of about $100 a day and using using very little Capital so in this video I'm going to show you guys the entry parameters when to take
guys the entry parameters when to take entry when to exit take profit stop loss how to execute a trade for this particular type of strategy in Robin Hood get ready take some notes let's let's do this so when I started looking
into some of these options pun intended right with different strategies I wanted something that I could enter when the Market opens but I'm usually not at the dropped my daughter off to school every morning so when I was looking into
something that can be super robotic no indic ators I don't need to be in front of the computer and something that just takes pure advantage of time Decay I ran into a beautiful and amazing zero DTE strategy that the people over at Tasty
live have been back testing and doing their research on for a while so I decided to give that particular strategy a shot and that is selling iron Condors on the Spy they do it as strangles I did it with iron Condors because this way
you need less Capital they tested it out using the strangles which you need a lot lot more capital in your account to be able to do but with an iron Condor since you're selling options and buying those wings guess what your cost is a lot
lower so when I did this particular zero DTE strategy it made an average of about $100 a day using a $33,000 collateral smaller accounts can do this as well so if it's making $100 a day using $3,000 that's amazing here are
the results today is January 17th which is a Friday this was Day made $105 this was Thursday again made $105 Wednesday this one made
$105 Wednesday this one made $90 again Tuesday made $90 and on Monday it made $115 Monday Tuesday Wednesday Thursday
Friday five days five wins now I'm showing you guys these screenshots to be like well why don't you show your Live account what are you trying to hide okay for some reason on Robin Hood on the mobile app it's easier to see the
plus and minuses so you guys can do the math on this and add these up right if I math on this and add these up right if I pull this up in my actual account on the desktop right this is what it does show more I'd have to start looking at one to
see okay this is when I closed and I got a this is the cost this is the credit that I got all right come on load up there we go right so that's why I was it's a lot easier to do this I'm going to go into all the details so make sure
you keep watching but I want I want to set this up so you you properly the strategy is I can get into it at Market open I don't need to be looking at charts all I do is find the Delta that I want and execute okay and I can
that I want and execute okay and I can set my take profits one of the best ways to make money with zero DTE options is to take profits quick because of the time Decay and you need to manage those positions well and the beauty of it is
I get into the trade so this way I'm not watching it the rest of the day so for right I placed this order I submitted this order at 901 it executed at 901 today make sure you pay attention to
this 9:01 a.m. right Central Standard Time as soon as I got in I submitted a takeprofit order a limit order for at 9:02 and while I was driving back home it executed at 9:21 in 20 minutes let's let's look at yesterday I entered the
trade at 8:43 8:43 a.m. right it got filled at 8:44 I submitted my order for the take profit so it automatically takes profit so it's very robotic that executed at 9:20 a.m. yesterday a lot of the profits
come within the first hour just because of the volatility because spy will rarely open up high and continue going up the rest of the day it will have its ups and downs that is what happens so for instance today yeah it opened right
here and it went sideways and then it found a direction and went that way same thing with yesterday it opened up super high yesterday right there was a big gap up went up went down and this is where selling the iron Condors makes the most
money is because of that time Decay while is just fluctuating up and down up particular range you're good to go so now what exactly are the parameters for getting into this trade all right so get ready for the entry and exit rule as
well as the parameters that I look at when I'm getting into these trades for iron Condor because we're going to be collecting a credit to open the trade first you're going to sell 20 Delta call and then buy call do strikes above that
number two you're going to sell 20 Delta put and then buy put do strikes below that and I'll show you guys an example in Robin Hood okay so but I just want you guys to have these notes so you guys can reference them take profit we want
to take profit quick I set my take profit at only 15% and with the risk profit at only 15% and with the risk reward on this stop loss I'll do at 45% and this is what I wanted to do and this is where my strategy kind of varies a
little bit from the folks over at Tasty live they did all of their research and at all because it really didn't make much of a difference but for my mental sanity I need to have a stop loss I don't want to make a 15% profit and then
I want to lose $150 to 200% on that on on a losing trade so for that to keep my on a losing trade so for that to keep my variance low I've decided on a 45% stop loss so this way even if I win one out of three trades I'm break even so
anything that wins more than that is going to be gravy so far this week it's been great 5 and 0 so on the right track with that stuff so these are the entry
conditions the take profit stop loss now how do you actually execute the straight can show this to you guys so first you're going to go into spy trade options and also if I haven't already said this none of this stuff is
financial advice this is all for informational purposes only all right so well this the day is about to come to a close so the premiums on all of this stuff is going to be really crap for today so because of that Pretend This is
zero DT okay even though this says this expires in 4 days I'm going to pretend like this is zero DTE just for the sake of an example right now because we need to find something so first thing when you get into the options select the date
so on Zer DT you're going to of course pick that at that time call sell and we're going to look at the Deltas all right close enough to 20 Delta so we're going to sell this click on buy go two strikes above so one strike two strike
the same thing with the puts I'm going to go to the put here's where the market's at right now look at let's see what the Delta is on here that's 28 what the Delta is on here that's 28 that's too high it's 23 that's 16 so
that's too low 19 Delta Perfect all right close enough to 20 so put sell going to sell this one at 593 strike and then and to go two strikes below one strike two strike going to buy that so the total credit will be 56 cents and
the total credit will be 56 cents and this will tie up $200 in capital okay so that's that's why this is great for small accounts because you can do this trade if you were doing just one contract you could do this trade with as
little as $200 in your account I was using $33,000 as collateral because I was using I was doing 15 contracts at a time okay because $3,000 is still a pretty decent small account for doing a strategy like this if you want to make
$100 a day and then continue put in the price limit price and then you're going to execute and then as soon as you get into the trade you can take okay you I'm going to actually make this trade just so I can show this to you guys guys
and I might just lose some money on it but I want to show you guys how to actually execute this so let's just do this for one okay so medium price is say 57 cents right so I want to get this executed I'm just going to do it at 56
can show you guys how to do the takeprofit on it too okay great I did it got this trade that I just opened right now right and this is how you're going
to set up your take profit so the average credit on this was 57 cents bring up the calculator so we want to do a 15% takeprofit so 85% of that is what the price we' want to buy this back at so 0 57 time 85 so that would be taking
so 0 57 time 85 so that would be taking a 15% profit it'd be at 48 C so now I'm amount of contracts that you bought we just bought one for this example and then in the price we're going to put in 48 cents review order submit so account
whenever this trade is in that profit by like by 15% it will execute it doesn't right that's why when I got into that trade this morning I was out driving around I placed the trade and then whenever whenever it executed executed I
Got a notification on my phone on Robin Hood that hey this trade was done and I locked in profits and it got out I'm like that's beautiful that's great now if you want to see the trades that I'm actually making on a daily basis and the
kind of Trades that I do that have kept me profitable for over 13 years well make sure you check out my patreon where I post when I enter trades when I exit trades these are two trades that I exited today which were great one made
$943 other one made $722 and I place these trades in my analysis whenever I get in and out of trades right now yeah you can become a member and get all of this information all my trades all the educational stuff
all my trades all the educational stuff for only $9 a month so check it out and for only $9 a month so check it out and then I will see you guys on the next one