Are traders using 1DTE SPX iron condors to avoid gamma exposure entirely? What are your thoughts on Russell Clark's approach?

At VixShield, we specialize in 1DTE SPX Iron Condors as the foundation of our daily income methodology, precisely because this approach sidesteps the gamma ramp that plagues longer-dated options strategies. Russell Clark developed this system after years of observing how gamma acceleration in weekly or multi-day condors creates unpredictable pin risk and explosive losses during intraday volatility spikes. By focusing exclusively on one-day-to-expiration SPX Iron Condors, we eliminate that gamma buildup entirely. Our signals fire daily at 3:10 PM CST after the SPX close, using the RSAi engine and EDR indicator to select strikes that target specific credit levels across three risk tiers: Conservative at 0.70 credit with an approximate 90 percent win rate, Balanced at 1.15 credit, and Aggressive at 1.60 credit. This post-close timing also serves as our After-Close PDT Shield, keeping us firmly outside day-trading rule boundaries. Position sizing remains conservative at a maximum of 10 percent of account balance per trade, and we adhere strictly to Set and Forget principles with no stop losses. The Theta Time Shift mechanism provides our zero-loss recovery pathway. When a position moves against us, the Temporal Theta Martingale rolls the threatened condor forward to 1-7 DTE on EDR readings above 0.94 percent or VIX above 16, capturing vega expansion, then rolls back to 0-2 DTE on a VWAP pullback below 0.94 percent EDR. Backtests from 2015-2025 show this recovers 88 percent of losses without adding capital. Complementing every condor is our ALVH Adaptive Layered VIX Hedge, a three-layer system using short, medium, and long-dated VIX calls in a 4/4/2 ratio per 10 condor contracts. With current VIX at 17.95 and below its five-day moving average of 18.58, all three tiers remain available under our VIX Risk Scaling rules. This combination, detailed across the SPX Mastery series, creates what Russell Clark calls the Unlimited Cash System, engineered to win nearly every day or, at minimum, not lose. All trading involves substantial risk of loss and is not suitable for all investors. Visit vixshield.com to explore our full methodology, including the EDR indicator and SPX Mastery Club resources.