Walk-Forward Analysis With AI and the Option Omega MCP
Use the Option Omega MCP to run walk-forward analysis with AI: optimize on past data, freeze your settings, and test them on the next unseen months.
Read more →Blog
SPX
25 posts tagged SPX.
How to Backtest an SPX Put-Selling Strategy With AI (and Why It Said Not to Trade It)
We connected AI to the Option Omega backtester and tested a simple SPX put-selling strategy. The first results looked promising, but further checks gave us reasons to pass.
Read more →
AI Options Backtesting, Live: How to Work With the Option Omega MCP
In a live launch demo, Troy McNeil and David Romeo connect AI to Option Omega, install TradeBlocks by asking, and show the checks Romeo runs on AI backtests.
Read more →
MEIC Roundtable 2026: Tammy Chambless, Dan Sheridan and Three MEIC Traders
Dan Sheridan hosts Tammy Chambless and three MEIC traders on 0DTE iron condors in 2026, from Optimizer entry times to slippage, stops and automation.
Read more →
21 DTE SPX Iron Condor: A Bullish-Leaning Condor With an IV Percentile Cap
A 21 DTE SPX iron condor (25-delta put, 15-delta call, 10 wide) won 92% of the time in its backtest from May 2025. The setup, the IV cap and the regime caveat.
Read more →
Double Long Diagonals on SPX: Tom Lei on Calendars, Theta and Flies
Tom Lei explains where a double calendar's edge comes from and why he moved into double long diagonals with a built-in floor of about $10 of intrinsic value.
Read more →
Risk $5 to Make $50: How to Pick 0DTE Iron Condor Strikes by Spread Premium
Spread premium targeting picks 0DTE iron condor strikes by what each entry collects or risks, not by delta. Credit and debit examples, backtested in 2026.
Read more →
From Wall Street Bets to Risk Manager: Tom Lei on SPX Options
Tom Lei went from WSB-era long calls to SPX calendars and double diagonals: two risk pillars, why he rarely worries about win rate, and his backtested target.
Read more →
Iron Condors Explained: Strikes, Deltas, Width and Where Trades Go Wrong
Dan Sheridan builds a 22-day SPX iron condor and explains how strikes, deltas, width and duration shape risk, and the delta levels he watches for trouble.
Read more →
Beyond 0DTE Iron Condors: RIC, Stalingrad and Scorpion Backtests
Three backtested concepts beyond 0DTE iron condors (a long-vol RIC, the Stalingrad double calendar and the Scorpion ratio spread) and how to stress-test them.
Read more →
How Tammy Chambless Trades 0DTE Iron Condors in 2026: What Changed in Her MEIC
Tammy Chambless backtests her MEIC every month. Here is what changed in 2026 — earlier entries, triple the slippage — and why she still holds to expiration.
Read more →
How to Backtest a 0DTE Iron Condor on SPX
A step-by-step walkthrough for backtesting a 0DTE SPX iron condor on 1-minute data, from picking strikes by delta to intra-minute stops and reading results.
Read more →
3 SPX Options Setups Beyond 0DTE Credit Selling: DLD, DC and RIC
Three SPX backtests for traders heavy in short-vega 0DTE credit trades: a double long diagonal, a double calendar and a 0DTE reverse iron condor.
Read more →
1-Second IMSL Data and 10x Faster Backtesting in Option Omega
Option Omega's backtester now runs 10x faster on average, and IMSL uses 1-second data instead of 1-minute OHLC. Here is what changed and what it means for 0DTE.
Read more →
The Time Bomb Butterfly: A Cheap Speculative SPX Options Trade
Dan Sheridan models the time bomb butterfly, a 4-day SPX put fly that costs about $80 to $95 and pays off if SPX lands in a chosen zone by Friday.
Read more →
Big ERN on 15 Years of Selling SPX Options: Sizing, Stops and 0DTE
Karsten Jeske (Big ERN) has sold S&P 500 options since 2011. How he sizes for a once-in-40-year event, why he dropped VIX hedges, and how 0DTE smoothed returns.
Read more →
Best Time to Sell SPX Spreads: Letting a 90-Day Lookback Pick the Entry
Eric O'Rourke's Trend Spread Engine ranks intraday entry times for 0DTE SPX credit spreads by 90-day win rate. Eric backtested its top slot in Option Omega.
Read more →
XSP Options Automation: What to Know Before You Trade It
XSP was added to the Option Omega automation platform in April 2026. Why its liquidity differs from SPX and SPY, and how Matt builds an SPX proxy for it.
Read more →
5 Principles of an Options Portfolio: How Dan Sheridan Builds One on SPX
Dan Sheridan builds a four-trade SPX options portfolio, about $2,000 per trade, to show how he spreads entry days, strategies, durations, deltas and theta.
Read more →
0DTE Portfolio Backtest: 3 SPX Strategies Combined (Is 0DTE Dead? Part 4)
Is 0DTE dead? Part 4 combines a power hour condor, a McRib butterfly and a NORB condor into one portfolio backtest, then shows the 28% drawdown uncapped.
Read more →
High VIX SPX Options Trades: Calendars, Put Spreads and Butterflies
With VIX near 27, Dan Sheridan models three 21-day SPX trades (a calendar, a 20-delta put spread and a 70/65 broken wing butterfly) and how he manages each.
Read more →
SPX Iron Condor Non-Opening Range Breakout (NORB) Backtest Results
Is 0DTE dead? Part 3 backtests a 0DTE SPX iron condor that enters only when the opening range holds. It won 80% of trades in the 90 days before the video.
Read more →
SPX Reverse Iron Butterfly Backtest With a VIX Drop and RSI Filter
Is 0DTE dead? Part 2 backtests the McRib, a long SPX reverse iron butterfly that only enters after VIX drops overnight and intraday with RSI between 40 and 70.
Read more →
SPX Options Portfolio Management: Managing Multiple Trades by the Greeks
Dan Sheridan combines a put calendar, a 70/65 butterfly and a put credit spread on SPX into one position and shows how to manage it by its combined Greeks.
Read more →
SPX Iron Condor Power Hour Backtest: Is 0DTE Dead? (Part 1)
Matt re-runs a 0DTE SPX iron condor sold in power hour on Mondays and Fridays, 10 wide with a 50% profit target and 3:52 exit. Results as of February 2026.
Read more →