Zero DTE is a new trading service offered by Parkwood Capital, LLC. This service will open iron condor trades on the Standard and Poors index options, SPX. The positions will either be opened near the close of one day with options expiring at the end of trading the following day, or opened and closed on the same day. Due to the frequency of trading the same underlying on a daily basis, it will trigger FINRA regulations for day trading. For that reason, this service is only recommended for accounts with balances of $50,000 or more.
Approximately three to five positions will be opened and closed per week.
The subscription for this service is $199/month, which should amount to less than 10% of the average gains from this service.
This service began on 10/30/23 and achieved a portfolio gain of 30.4% for 2023.
