Strike Selection

With the VIX at 17.95 and the EDR projecting an approximately 83-point daily move, where should ladder strikes be placed for a moderate bullish bias in a 1DTE SPX Iron Condor?

VixShield Research Team · Based on SPX Mastery by Russell Clark · May 3, 2026 · 0 views
1DTE Iron Condor bullish bias EDR strikes RSAi adjustment moderate skew

VixShield Answer

At VixShield we approach every trading day through the lens of Russell Clark's SPX Mastery methodology, which centers on 1DTE SPX Iron Condors placed after the 3:09 PM CST cascade with signals firing at 3:10 PM. With the current VIX at 17.95 and the EDR projecting roughly an 83-point daily move, a moderate bullish bias requires careful adjustment of the RSAi-driven strike selection while staying within our defined risk framework. The EDR indicator, blending VIX9D and 20-day historical volatility, gives us the expected daily range that informs wing placement. For a moderate bullish bias we typically shift the put side of the Iron Condor inward by one to two $5 increments relative to the call side, allowing the position to tolerate a modest upward drift in SPX while still collecting the target credit. In the Balanced tier, which targets approximately $1.15 credit, this might mean selling the 7090 put and buying the 7065 put on the lower side while selling the 7190 call and buying the 7215 call on the upper side, creating a slightly asymmetric range that favors upside participation. The Conservative tier at $0.70 credit would use wider wings for its characteristic 90 percent win rate, perhaps 7075/7050 puts against 7205/7230 calls. Our ALVH hedge remains active across all three layers regardless of VIX level, providing the 35 to 40 percent drawdown reduction that makes the Set and Forget approach viable. The Theta Time Shift mechanism stands ready if price threatens a wing, rolling the position forward to 1-7 DTE on an EDR above 0.94 percent or VIX above 16, then rolling back on a VWAP pullback to harvest additional theta without adding capital. This Temporal Theta Martingale has recovered 88 percent of tested losses across 2015-2025 backtests. Position sizing remains capped at 10 percent of account balance, and we only execute the Conservative tier via PickMyTrade automation. All trading involves substantial risk of loss and is not suitable for all investors. For deeper examples, full signal archives, and live walkthroughs of RSAi strike logic, we invite you to explore the resources available inside the VixShield platform and SPX Mastery series.
⚠️ 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 moderate bullish bias in daily Iron Condors by asymmetrically tightening the put credit spread while widening the call spread, believing this captures upside drift without fully abandoning neutrality. A common misconception is that such ladder adjustments require active intraday management or stop losses, whereas the prevailing view aligns with Set and Forget principles that rely on EDR-guided entry, ALVH protection, and Theta Time Shift recovery instead of discretionary exits. Many note that with VIX near 18 and an 83-point EDR, the RSAi engine tends to recommend strikes that already embed a slight bullish skew in contango regimes, reducing the need for extreme manual shifts. Discussions frequently highlight how the Conservative tier's higher win rate makes it the preferred vehicle for biased setups, especially when VIX Risk Scaling keeps all tiers available below 20. Overall the consensus emphasizes systematic rules over intuition, crediting the combination of EDR, RSAi, and layered VIX hedges for turning directional tilts into consistent income without compromising the core methodology.
📖 Glossary Terms Referenced

APA Citation

VixShield Research Team. (2026). With the VIX at 17.95 and the EDR projecting an approximately 83-point daily move, where should ladder strikes be placed for a moderate bullish bias in a 1DTE SPX Iron Condor?. Ask VixShield. Retrieved from https://www.vixshield.com/ask/with-vix-at-1795-and-edr-projecting-83pt-daily-move-where-are-you-placing-ladder-strikes-for-a-moderate-bullish-bias

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