The One Day a Month Your 0DTE Iron Condor Turns Against You

A practical, data-backed warning for 0DTE traders: month-end and quarter-end days are the worst time to hold a neutral trade into the close. On those days SPX volatility is calm or below average through the morning, then spikes hard after 2pm as funds rebalance and market-on-close orders pile in. Held to expiration, a 20-delta iron condor is a consistent loser, worst on quarter-end. The fix is simple: manage winners early or just take it off by 2pm. 📊 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 00:00 Why month-end flows matter 00:40 The study setup, 20-delta condor 01:20 How SPX moves on month-end days 02:00 Volatility drops the day before 02:30 The intraday picture is the key 03:00 Calm morning, violent afternoon 03:30 Market-on-close orders at the bell 04:00 Held to expiration, it loses 05:00 Manage at 25% or exit by 2pm 06:00 The takeaway, don't be greedy #tastylive #marketmeasures #zerodte #ironcondor #monthend #gammarisk #spx #intraday #optionstrading #stockmarkettags 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.