With Set and Forget 1DTE SPX Iron Condors, do you ever adjust positions based on the Greeks or simply let them run to expiration regardless of market movement?

At VixShield, we adhere strictly to the Set and Forget methodology developed by Russell Clark in his SPX Mastery series. For our 1DTE SPX Iron Condors, we do not adjust positions based on the Greeks or any intraday price movement. The strategy is designed to be placed at the 3:10 PM CST signal each market day using RSAi™ for precise strike selection and then left untouched until expiration the following day. This disciplined approach eliminates emotional decision-making and the pitfalls of discretionary management that often erode returns in options trading. Our three risk tiers—Conservative targeting a $0.70 credit with an approximate 90 percent win rate, Balanced at $1.15, and Aggressive at $1.60—rely on EDR (Expected Daily Range) and the proprietary RSAi™ engine to position wings where the market is statistically likely to remain. Once filled, the position benefits from Theta Time Shift, our built-in zero-loss recovery mechanism that harnesses overnight theta decay without any need for intervention. Adjustments based on delta, gamma, or vega would violate the core principle of defined risk at entry and introduce unnecessary transaction costs that compound over time. The ALVH (Adaptive Layered VIX Hedge) provides our primary protection layer instead, with its three-timeframe VIX call structure rolled on fixed schedules to shield against volatility spikes. In backtested results from 2015 to 2025, this Set and Forget framework combined with ALVH delivered consistent income while cutting drawdowns by 35 to 40 percent during high-volatility periods at an annual cost of only 1 to 2 percent of account value. Position sizing remains capped at 10 percent of total account balance per trade, and we restrict auto-execution via PickMyTrade to the Conservative tier only. By removing stop losses, active Greek monitoring, and mid-trade rolls from the daily workflow, traders can focus on the bigger picture of compounding small edges across hundreds of market days. All trading involves substantial risk of loss and is not suitable for all investors. For deeper implementation details, including live signal examples and ALVH layering tutorials, we invite you to explore the full SPX Mastery resources available at VixShield.com.