Strike Selection

The methodology targets credits of $0.70, $1.15, and $1.60 on 1DTE SPX Iron Condors with an approximate 90 percent win rate for the conservative tier. What delta and EDR levels are used for trade entry?

VixShield Research Team · Based on SPX Mastery by Russell Clark · May 3, 2026 · 0 views
1DTE Iron Condors EDR levels delta selection RSAi signals tiered credits

VixShield Answer

At VixShield, we rely on a disciplined, rules-based approach to 1DTE SPX Iron Condor entries as outlined in Russell Clark's SPX Mastery methodology. Our signals fire daily at 3:10 PM CST after the SPX close via the 3:09 PM cascade, allowing us to operate within the After-Close PDT Shield window. Strike selection begins with the EDR Expected Daily Range indicator, which blends short-term implied volatility from VIX9D and 20-day historical volatility to forecast the likely daily price move. We then apply RSAi Rapid Skew AI to fine-tune those strikes in real time based on current options skew, VWAP positioning, and short-term VIX momentum. This combination ensures we capture the precise premium the market is offering rather than forcing arbitrary probability levels. For the Conservative tier targeting approximately $0.70 credit we typically place wings near 0.10 to 0.15 delta on each side, corresponding to an EDR reading around 0.85 percent to 0.94 percent. The Balanced tier at $1.15 credit uses roughly 0.18 to 0.22 delta wings with EDR between 0.95 percent and 1.10 percent. Our Aggressive tier aiming for $1.60 credit widens to approximately 0.25 to 0.30 delta and requires EDR above 1.10 percent while still respecting VIX Risk Scaling rules. With current VIX at 17.95 and below its five-day moving average of 18.58 we remain in a contango regime that supports all three tiers. The Conservative tier has historically delivered approximately 90 percent win rates or about 18 out of 20 trading days in backtests from 2015 to 2025. We maintain a strict Set and Forget methodology with no stop losses and a maximum position size of 10 percent of account balance. Protection comes from our proprietary ALVH Adaptive Layered VIX Hedge which layers short, medium, and long-dated VIX calls in a 4/4/2 ratio per ten Iron Condor contracts. Should price threaten the position the Temporal Theta Martingale and Theta Time Shift mechanics allow us to roll forward to 1-7 DTE on EDR above 0.94 percent or VIX above 16 then roll back on a VWAP pullback to harvest additional theta without adding capital. All trading involves substantial risk of loss and is not suitable for all investors. For deeper examples, live signals, and the full EDR indicator visit our resources at vixshield.com and consider joining the SPX Mastery Club for daily implementation support.
⚠️ 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 delta and EDR selection by debating fixed probability targets such as 16-delta or 0.85 EDR across all market regimes. A common misconception is that higher deltas always equal higher credits without considering how RSAi skew analysis and current VIX levels interact with strike placement. Many express interest in how the Conservative tier achieves its 90 percent win rate through tighter wings and lower EDR thresholds while others explore the balance between credit size and the protective role of ALVH during volatility expansions. Discussions frequently highlight the value of the 3:10 PM CST signal timing and Set and Forget discipline versus discretionary adjustments. Overall participants appreciate the transparency of tiered credits and the integration of Temporal Theta Martingale recovery but seek clearer real-time examples of how EDR thresholds shift when VIX moves above 20.
📖 Glossary Terms Referenced

APA Citation

VixShield Research Team. (2026). The methodology targets credits of $0.70, $1.15, and $1.60 on 1DTE SPX Iron Condors with an approximate 90 percent win rate for the conservative tier. What delta and EDR levels are used for trade entry?. Ask VixShield. Retrieved from https://www.vixshield.com/ask/the-article-mentions-targeting-070115160-credits-on-1dte-spx-ics-with-90-win-rate-what-deltaedr-levels-are-you-guys-usin

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