SPX 0DTE · RULE-BASED INCOME STRATEGIES · BACKTESTED
0DTE Iron Condors. Measured, not promised.
2manyoptions is a backtesting lab for mechanical SPX 0DTE strategies — Iron Condor. Our own engine analyzes available historical sessions since 2023 using 100 ms option chains, so you pick your configuration from measured history instead of gut feel.
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Multi timeframe. One universe. One glance.
The clearest way to study 0DTE Iron Condor entries across time.
Spot configurations that hold up across the full history, the last two years, the last year and this year — side by side, on one shared scale.
FULL HISTORY · 2 YEARS · 1 YEAR · YEAR TO DATE — ONE SHARED SCALE
Four ways a 0DTE Iron Condor goes wrong. One place to check each.
The trend day that takes a wing
SPX runs one way all session and one side never comes back.
Pick that date and see how the backtested entries fared through the session.
The stop that fires on noise
A quick spike tags the stop, then price settles back.
Compare stop multiples for the same entry time since 2023.
The config that only worked last year
A setup that shines in one stretch and fades in the next.
One configuration across Full History, 2 Years, 1 Year and YTD.
The losing streak you didn't plan for
Five red days in a row on a rule that "usually works".
Drawdowns and losing streaks across thousands of paths.
New to Iron Condors? Quick intro.
An Iron Condor sells SPX spreads that expire the same day (0DTE) and can be fully mechanical: entries, exits and sizing are rules decided before the open, not judgment calls made during the session.
An iron condor sells a call spread above the market and a put spread below it — you collect a premium and keep it if SPX expires between your short strikes. A Multiple Entry Iron Condor repeats that at several fixed times through the session, each entry with its own width, stop and target. More entries, smaller size each — so the day depends less on any single minute.
Fear skips good entries; greed moves working stops. A rule can't do either — entries fire at the clock, exits at the number.
One 0DTE trade is noise. Hundreds of rule-identical trades are a statistic — mechanical strategies live or die at that level, and that's the level our backtests measure.
Every decision is a parameter, which is why traders run these strategies with bots. We don't execute or touch your broker — we're the evidence layer underneath.
Built on a proprietary backtesting engine.
The engine evaluates configured entries and exits against historical SPX option quotes. Results depend on the available data and the modeled fills, stops and costs.
Fills and stops are evaluated on the intrasecond quote record — not minute bars, not interpolation.
Historical research starts at 2023-01-02. Available samples vary by configuration and data coverage.
Check the latest available date and sample size in each view. Trades without a confirmed result are excluded individually.
Read how fills, stops and costs are modeled in our methodology. Backtests are hypothetical and can differ from live execution.
When not to trust a backtest.
Backtests are history, not prophecy. Four things to check before a number means anything:
- Small samples
- A configuration with few trades can look strong by chance.
- One lucky period
- A rule that held up in one stretch only is a period effect. Multi Timeframe puts the periods side by side.
- The top of a big grid
- Rank hundreds of combinations and the top one is partly luck. Its neighbors show whether the result is a shape or a spike.
- Modeled fills
- Fills, stops and costs are modeled, not observed. Live execution can differ, especially in fast markets. The assumptions are in the methodology.
Any 0DTE market session. Any day. Free.
Explore historical SPX 0DTE sessions in One Day Zoom. Pick a date and see how the strategies performed.
From session review to a configuration you trust.
- 01
Review the session
Open One Day Zoom to inspect the entries and outcomes in an available historical session.
- 02
Scan the candidates
The Scanner ranks the Iron Condor universe — entry times, widths, stops — by how each held up since 2023.
- 03
Compare timeframes
Multi Timeframe compares one configuration across Full History, 2 Years, 1 Year and YTD.
- 04
Save your entries
Keep the configurations worth watching in your library and return before each open.
Start free. Upgrade when you want the whole universe.
THE WATCHER
Free
For traders reviewing 0DTE sessions.
Your daily read, on the house.
- One Day Zoom — review any daily session
- Dashboard — daily SPX, VIX and GEX context
- User Guide · your account
- Multi TimeframePRO
- ScannerPRO
- MontecarloPRO
Pro
For Iron Condor traders choosing a configuration.
Or $499/year — save $209.
- Multi Timeframe — compare one config across periods
- Scanner — rank the Iron Condor universe
- Montecarlo — stress-test drawdowns and losing streaks across thousands of paths
- Saved Entries — unlimited, kept in your library
For research and education only. Not financial advice. No promised returns. Options trading involves substantial risk.
Before you ask.
What exactly is an Iron Condor here?
An SPX 0DTE iron condor: a put spread and a call spread sold at a fixed time of day, each with a preset wing width, stop multiple and profit target. Each entry time is studied on its own, so a single condor or several through the session read from the same results. Explore the available configurations against historical sessions since 2023.
Do I need to be an options expert?
You need the basics — what a spread is, why defined risk matters, and the real risks of 0DTE trading. You don't need a market opinion: these strategies don't predict direction. The platform's job is to show how each rule set actually held up, session by session, since 2023.
Is this a signals service?
No. 2manyoptions is research tooling — business intelligence for the decision before the trade. We show the measured history of every configuration; you make the call. No alerts, no tips, no advice, no execution.
Are these strategies meant for bots?
They're automation-friendly by construction — entries, exits, widths and stops are parameters, not judgment calls — and many traders do automate them. 2manyoptions doesn't execute trades or connect to brokers, and never will. We're the evidence layer; execution is yours.
Do you promise returns?
No. Research and education only — not financial advice. Backtests are history, not prophecy; options trading involves substantial risk, including the loss of capital.