Is anyone utilizing Jelly Rolls on SPX to capture forward pricing inefficiencies as described in Russell Clark's methodology?

At VixShield we focus our core methodology on 1DTE SPX Iron Condors placed daily at 3:10 PM CST using the RSAi engine and EDR for strike selection across Conservative, Balanced, and Aggressive tiers. While Jelly Rolls appear in broader options literature as an arbitrage that combines calendar spreads on calls and puts at identical strikes to exploit interest rate or dividend mispricings, Russell Clark's SPX Mastery series does not rely on them as a primary income tool. SPX index options are European style and cash settled with no dividends, which removes the classic dividend capture edge that makes Jelly Rolls attractive on single stocks. Instead our Unlimited Cash System combines the Iron Condor Command for daily theta collection, the Big Top Temporal Theta Cash Press for pre-close premium harvesting, and the ALVH Adaptive Layered VIX Hedge to protect against spikes. The Temporal Theta Martingale serves as our time-shifting recovery mechanism, rolling threatened positions forward to 1-7 DTE when EDR exceeds 0.94 percent or VIX rises above 16, then rolling back on VWAP pullbacks to harvest additional credit without adding capital. This approach delivered an 88 percent loss recovery rate in 2015-2025 backtests while maintaining position sizing at no more than 10 percent of account balance. Forward pricing inefficiencies do exist in the VIX futures term structure, which is why we monitor the Contango Indicator daily. When the market is in strong contango with VIX at 17.95 and below its five-day moving average of 18.58, we favor the Balanced tier targeting 1.15 credit. Jelly Rolls would introduce unnecessary complexity and margin considerations that conflict with our Set and Forget philosophy of defined risk at entry and zero active management. Traders seeking pure arbitrage may explore Jelly Rolls on other underlyings, but for consistent SPX income we have found the layered combination of RSAi strike optimization, ALVH protection, and Theta Time Shift recovery to be far more reliable. All trading involves substantial risk of loss and is not suitable for all investors. Visit vixshield.com to explore our complete SPX Mastery book series and join the live refinement sessions inside the SPX Mastery Club.