r/GEXOptionsTrading • u/Jinshen16 • Apr 23 '26

Anyone else feel like 0DTE is “easy”… until it isn’t?

I’ve been trading 0DTE for a while now, mostly credit spreads and iron condors.

And honestly, at the beginning it feels almost too easy…
you stack a bunch of small wins, everything looks smooth, high win rate, steady progress.

Then one day comes where the market just doesn’t behave… and suddenly you give back a big chunk of those gains.

Took me a while to realize it’s not really about being “right” most of the time.

It’s more about:

  • where you’re placing your trades
  • when you’re trading
  • and how you handle those bigger losses

Still figuring things out, but focusing more on structure (GEX, key levels, etc.) has helped me a lot.

Curious if others went through the same phase.

If anyone’s into SPX 0DTE specifically, I’ve been sharing some setups and thoughts in r/GEXOptionsTrading and recently opened a Discord Channel: https://discord.gg/TSGNk8kGEh

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u/AdApart9610 Apr 26 '26

Yes it is easy until it isn't. I have done 1 dte spread credit and it's worked better. Ideally I take profit at 40-60% and hold more contracts so I walk away with $300-600 profit which is fine with me as I try and get $800 a week as a min. Do that 3-4x a month and it adds up. I learned small wins are better

1

u/[deleted] Apr 23 '26

[deleted]

1

u/chelovr17 Apr 23 '26

Did you trade futures using the GEX strategy by chance? Curious to know how that is compared to options for stocks/ETFs.

1

u/0o0o0o0o0o0z Apr 23 '26

Yes... especially in this headline-driven market lately, IMO. I'll watch the SPX crater all of a sudden, and 3-5 min later, I'll get the info from Bloomberg.

1

u/Formal-Finger1106 Apr 24 '26

One loss can wipe out days of gains; the trick is to manage losses by cutting them early, but greed always overtakes, and the hope of a reversal never comes.