Behind the Scenes: New 1DTE Options Trading Strategy [Part 3]

Date: 2025-07-29 16:28:51

×

https://optionalpha.com?ytref=73 – Today, I finished my mini-journey to find a NEW 1DTE options trading strategy that can complement my existing strategies. In this video, I finished testing some variations with CCI and some different strike widths. Ultimately, I found a strategy that I’m comfortable moving forward with live, which I turned on today. As always, I hope that sharing this process might help you feel comfortable going through a similar process for your own new options strategy. Thanks!

[Note: I noticed after the video that I copied over the wrong CCI test for the different strike width variations. I edited it in the links below and wouldn’t have changed my ultimate analysis.]

=== Backtesting Results Links ===

Watch Part 1 of this series here: https://youtu.be/BVKUX96ZirA

Current base strategy we started with in this video: https://app.optionalpha.com/zdte/backtester/test/ZT21747144041755890174?ytref=73

Newest variation with CCI addition: https://app.optionalpha.com/zdte/backtester/compare/ZT21747144041755890174,ZT2175379343170380851,ZT2175379344785357852,ZT2175379347005406954?ytref=73

Variations with $5, $10, $15-wide strikes: https://app.optionalpha.com/zdte/backtester/compare/ZT2175379343170380851,ZT2175379386241251565,ZT2175379391722364166?ytref=73

The latest strategy that I turned on live: https://app.optionalpha.com/zdte/backtester/test/ZT2175379343170380851?ytref=73

=== Other Backtests ===

10am 45 delta iron condor with slippage variations: https://app.optionalpha.com/zdte/backtester/compare/ZT21746986175095482625,ZT21747151596056017269,ZT21747151826018721274?ytref=73

2:20pm skewed iron condor with profit taking variations: https://app.optionalpha.com/zdte/backtester/compare/ZT21747141768575232113,ZT21747154021994280316,ZT21747154035304943317,ZT21747154047454866319,ZT21747154070821541323?ytref=73

2:20pm skewed iron condor with delta variations: https://app.optionalpha.com/zdte/backtester/compare/ZT21747141768575232113,ZT21747154137270721328,ZT21747154155880855331,ZT21747154175562273334,ZT21747154204490744335?ytref=73

9:40am 15 delta iron condor with Touch exit variations: https://app.optionalpha.com/zdte/backtester/compare/ZT21747143068426012153,ZT21747141981340276126,ZT21747141895204391119,ZT21747141942698871125,ZT21747143545555338164?ytref=73

9:40am 45 delta iron condor with profit taking variations: https://app.optionalpha.com/zdte/backtester/compare/ZT21747143234343097157,ZT21747141665225115109,ZT21747142205160519130,ZT21747142213257447132,ZT21747143248034382158?ytref=73

=== More Resources & Links ===

Start your 30-day FREE TRIAL to Option Alpha by clicking here: https://optionalpha.com/start?ytref=73

Go from beginner to pro with Option Alpha with 17 quick video lessons inside our new “Fast Track” series: https://optionalpha.com/fast-track?ytref=73

==========================

As always, this is my opinion and thoughts on where to start when it comes to backtesting new ideas and strategies. If you found this video helpful in any way, please let me know in the comments!

Want to get notified when we publish new videos like this? Click here to Subscribe – https://www.youtube.com/OptionAlpha?sub_confirmation=1

This video is for educational purposes only and is not a recommendation for buying/selling any security. Options trading is risky, so please read our full risk disclosure here: https://optionalpha.com/legal/risk-disclosure-agreement