Iron Condor Playbook
Sell a defined-risk iron condor on quiet afternoons. The complete written entry rules of our Iron Condor strategy, as a PDF you keep. Fixed, data-driven rules read live market data; no predictions and no AI.
Once a day at most, in the afternoon, the strategy sells a SPY iron condor or a one-sided credit spread, depending on how the session is moving. It trades only on quiet days, and the max loss of every trade is known before it is placed.
- Instrument
- SPY options expiring the same day
- Structure
- An iron condor, or a one-sided credit spread, chosen by how the session is moving
- How often
- At most one trade a day, in the afternoon, and none on days it stands aside
- Risk
- Defined: the most a trade can lose is known before it is placed
- Day filter
- Stands aside on volatile days and around major economic releases
- Style
- Fixed, written rules applied the same way every day: no predictions, no discretion
A trade from the public record: sell 759P / buy 756P, sell 763C / buy 766C for a $0.75 credit. The most a set can make is the credit ($75); the most it can lose is the wing width minus the credit ($225), and both are known before the trade is placed. Hover to read a price.
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What's in the playbook
- 01The idea
Why the strategy sells short-dated premium, and the kind of day it avoids.
- 02The day filter
How it decides whether today is a day to trade at all.
- 03Reading the session
How the session decides between an iron condor and a one-sided spread.
- 04Strikes and wings
How the sold and protective strikes are chosen.
- 05Getting filled
How the order is priced and worked, and when to walk away.
- 06Size
How the engine sizes its own trades from the defined risk.
- 07Worked examples
Real trades from the record, step by step, including a loss.
- 08Checklist
A one-page list to run before each trade.
Get the Iron Condor Playbook
Iron Condor Playbook
- The complete entry rules of our SPY 0DTE iron condor strategy, written to be traded by hand
- When it stands aside: volatility, economic-release and trend filters
- Iron condor or one-sided spread, strikes and wings, entry window, minimum credit
- Worked examples from the record and a one-page checklist
$699 one-time
PDF download · no subscription · tax included
Buy the playbookOne-time purchase for one person's own use: please don't share or resell it. Non-refundable once delivered, except where the law requires otherwise. By buying you agree to the Terms and the Risk Disclosure. Not investment advice.
Want to automate the entries? See the Iron Condor Auto-Trading Prompt.
Questions
How often does the strategy trade?
At most once a day, in the afternoon. On volatile days and around major economic releases it stands aside and doesn't trade at all.
What do I need to trade it?
A broker that lets you trade SPY options with multi-leg (spread) orders, which usually needs a higher options approval level, and time to watch the market in the afternoon.
What is the most a trade can lose?
A defined amount per set, known before the trade is placed. Holding to expiry can lose more, because SPY options settle into shares; read the Risk Disclosure.
How do I get the PDF?
Buy it on Whop. After paying, Whop opens your purchase: open the playbook, then its "Download" lesson, and download the attached PDF. To download it again later, sign in to whop.com with the email you paid with and open the purchase from the left sidebar.
Can I share it with someone?
No. Each purchase is for one person's own use, and only the buyer's Whop account can download it. Please don't forward, post or resell the PDF; see the Terms.
Does it tell me how many contracts to trade?
No. The playbook describes the strategy's rules, the same for every buyer. The size you trade, and whether you trade at all, is your own decision.
Are the results on this page real money?
No. They come from the engine's simulated account, after estimated fees. Real fills can be worse, past results do not guarantee future results, and your results will differ.
Can I get a refund?
The playbook is non-refundable once delivered or downloaded, except where the law requires otherwise. If you were charged in error, contact us first so we can fix it.
Before you buy
- One person, one copy. Each purchase is a PDF for the buyer's own use, downloaded from the buyer's Whop account. Please don't share, post or resell it.
- One-time price. $699 with any tax included. Nothing renews.
- Not advice. The playbook describes how our own automated strategy trades. It is general, educational information, the same for every buyer, not advice about your account, and it doesn't tell you how many contracts to trade.
- Simulated results. Results on our record come from a simulated account, not real money. Past results do not guarantee future results, and your results will differ.
- Real risk. Options, especially same-day options, can lose their full value within minutes. Read the Risk Disclosure.
- Refunds. Non-refundable once delivered or downloaded, except where the law requires otherwise. Questions: see the Help Center.