Summary & Track Record of 0-DTE.
Taxable Account: 0-DTE Variable Delta Iron Condor Strategy
Starting account size: $40,000 (assets)
I consider "equity" to be $5,000 at start, a $ figure I'm comfortable losing. I would reassess strategy and account funding if < $35,000 (this based on personal risk tolerance)
Start Date: 5/6/2022
Entry Time: ~15 mins after open
Risk Target: 1.5-2% Equity per side if 2x Net SL
SL Target: 3x Gross / 2x Net Premium Per Leg