What's the Best Way to Manage 0DTE Trades? (Research Reveals)

Two ways out of the same zero DTE iron condor: take a small profit when it shows up, or cap the damage with a stop. This study runs both against holding to expiration, and finds each solves a different problem and neither solves both. Managing winners lifted the win rate and calmed the daily swings but left the tail exposed. The stop did close to the opposite. There is also a third option neither camp talks about, exiting at a set time of day. Study results are historical, not predictive. 📊 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 What the study compares 0:44 Why managing winners raises win rate 1:26 Where stop losses come in 2:04 Holding to expiration earns most 2:49 The risk adjusted comparison 3:50 Why position width matters 4:49 The calmest daily results 6:26 The psychology of losing streaks 8:11 Why a tight stop backfires 9:41 Profit per hour in the trade 11:20 Where the stop losses shine 12:36 The takeaways from the study 15:01 Sizing changes the right target #tastylive #0dte #ironcondor #profittarget #stoploss #optionstrading #riskmanagement #optionsresearch #tastytrade #trading 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.