How big a position is an IWM iron condor?
500 maybe? I don't remember.. was late in the day so there wasn't much range left statistically...but there was the fed announcement that afternoon which explained the premium . In a normal day the IC would have been practically worthless at those strikes. The thing is the fed basically just kicked the can down the street but the size got attention I'm sure...they hit both sides lol
I don't want to test it but I bet if you bought 1000 call contacts 0 DTE...no matter the technicals, price would move against you. Anybody want to test it?
For example I did 10 call option n 0 DTE and targeted .50 and hit it 10 minutes later...$250 all went to plan. I bet if I had sized up to 1000 contracts things would have gone against me or would they let me walk away with 250k?
What's the largest 0dte sizing profits here? Mine is 7k with 100 contracts.
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