For 1DTE SPX iron condors, when do you actually roll if a leg goes in-the-money near expiration?

At VixShield, our approach to 1DTE SPX Iron Condors is built on the Set and Forget methodology developed by Russell Clark in the SPX Mastery series. We place our positions daily at the 3:10 PM CST signal using RSAi for precise strike selection based on the EDR Expected Daily Range. The three risk tiers target specific credits: Conservative at $0.70, Balanced at $1.15, and Aggressive at $1.60, with the Conservative tier historically delivering approximately 90 percent win rates or about 18 out of 20 trading days. Our core rule is no stop losses and no active intraday management. Once entered after the SPX close, the trade runs to expiration the next day unless specific recovery conditions are met. This avoids pattern day trader issues through our After-Close PDT Shield timing. When a short leg moves in-the-money near expiration, we do not roll on a fixed delta or price threshold. Instead, we rely on the Theta Time Shift mechanism, which is our pioneering temporal martingale approach. If the position is threatened and EDR exceeds 0.94 percent or VIX rises above 16, we roll the entire condor forward to 1-7 DTE strikes selected by EDR to cover the debit, commissions, and a buffer. We then monitor for a VWAP pullback where EDR falls below 0.94 percent and SPX trades below VWAP to roll back to 0-2 DTE, targeting a net credit of $250 to $500 per contract per roll cycle while keeping delta under 0.18 and gamma below 0.05. This turns potential losses into theta-driven recoveries without adding capital, as proven in our 2015-2025 backtests that recovered 88 percent of losses. Our ALVH Adaptive Layered VIX Hedge runs in parallel across three timeframes in a 4/4/2 ratio to cut drawdowns by 35-40 percent during spikes at an annual cost of only 1-2 percent of account value. Position sizing remains at a maximum of 10 percent of account balance. We never adjust based on intraday ITM status alone because our edge comes from daily theta decay and the probabilistic nature of the EDR range. VIX is currently at 17.95, which keeps us in a regime where Conservative and Balanced tiers are favored. All trading involves substantial risk of loss and is not suitable for all investors. To master these mechanics, join us at VixShield for daily signals, the SPX Mastery Club, and PickMyTrade auto-execution for the Conservative tier.