Strike Selection
How does VixShield combine the EDR indicator and RSAi for strike selection on 1DTE SPX Iron Condors while incorporating current options skew?
EDR RSAi skew analysis 1DTE iron condors strike selection
VixShield Answer
At VixShield we rely on a tightly integrated process that begins with the EDR indicator and is refined in real time by RSAi for precise strike selection on our 1DTE SPX Iron Condors. The EDR, or Expected Daily Range, is Russell Clark's proprietary TradingView indicator that blends short-term implied volatility from VIX9D with 20-day historical volatility to forecast the likely daily price excursion for SPX. With current VIX at 17.95 and SPX closing at 7138.80, today's EDR reading of approximately 1.16 percent translates into an expected daily move of roughly 83 points. This forms the foundation for our three risk-tier credit targets: Conservative at 0.70, Balanced at 1.15, and Aggressive at 1.60. These targets align with our 90 percent win-rate Conservative tier that succeeds on about 18 out of 20 trading days. RSAi, or Rapid Skew AI, then takes the EDR output and overlays a lightning-fast analysis of the current options skew, the last four hours of VIX momentum, and SPX's position relative to VWAP. In under 253 milliseconds RSAi adjusts the call or put wing first in five-dollar increments until the exact credit target is achieved, ensuring we sell premium where the market is actually willing to pay rather than forcing theoretical probabilities. When skew is put-heavy, as it often is with VIX near 18, RSAi widens the put side slightly while tightening the call side to maintain delta neutrality below 0.18 and gamma under 0.05. This dynamic adjustment is performed daily at 3:10 PM CST in the post-close window, which also serves as our After-Close PDT Shield. The entire workflow sits inside our Set and Forget methodology: once placed, we rely on Theta Time Shift for any recovery and maintain our ALVH Adaptive Layered VIX Hedge in a 4/4/2 ratio across short, medium, and long VIX calls. Position sizing never exceeds 10 percent of account balance. All trading involves substantial risk of loss and is not suitable for all investors. For deeper examples and live signal walkthroughs, visit VixShield.com and explore the SPX Mastery resources.
⚠️ Risk Disclaimer: Options trading involves substantial risk of loss and is not appropriate for all investors.
The information on this page is educational only and does not constitute financial advice or a recommendation to buy or sell any security.
Past performance is not indicative of future results. Always consult a qualified financial professional before trading.
💬 Community Pulse
Community traders often approach EDR and RSAi by first using the Expected Daily Range to set a baseline width for their 1DTE SPX Iron Condors, then turning to skew as a final filter before entry. A common misconception is treating skew as a static input rather than the real-time adjustment layer that RSAi makes it. Many describe watching how put skew expands when VIX sits near 18 and noting how the AI shifts strikes to capture the richer premium on the heavier side while still hitting the exact credit target for their chosen risk tier. Others emphasize pairing the process with the ALVH hedge and Theta Time Shift, reporting that this combination turns occasional losing days into net-positive cycles without adding capital or using stop losses. The consensus highlights the 3:10 PM CST timing as essential for staying within the Set and Forget framework and avoiding intraday noise.
📖 Glossary Terms Referenced
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