Risk Management8 min
What Happens If My Iron Condor Hits Max Loss?
Every iron condor has a maximum loss defined at the moment you enter the trade. That number is fixed, known, and does not change. This is one of the defining…
Bernardo Rocha
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#risk-management
Iron Condor Strategy8 min
What Is Assignment Risk in Iron Condors?
Assignment risk is the possibility that an option holder will exercise their option, forcing you (as the option seller) into a stock or cash position you…
Bernardo Rocha
Options Education8 min
What Are 0DTE Options and Are They Worth the Risk?
0DTE options — zero days to expiration — are options that expire on the same day they're traded. They've grown from a niche tool used by experienced traders…
Bernardo Rocha
Market Conditions8 min
How Crypto Speculation Compares to Consistent Options Income
Crypto Speculation vs Options Income: What's the Real Difference? Crypto speculation and systematic options income are different in kind, not just in degree.…
Bernardo Rocha
Market Conditions8 min
The Math of Compounding: Consistent Monthly Returns vs Chasing 100x
Does Consistent Compounding Beat Chasing 100x? Yes — and the math is decisive. Consistent monthly returns compound to significantly higher totals over 3–5…
Bernardo Rocha
Iron Condor Strategy7 min
How to Set Alerts for Your Iron Condor Positions
To set alerts for iron condor positions, configure four triggers per trade: a price alert when the underlying reaches 50% of the distance to a short strike, a…
Bernardo Rocha
Iron Condor Strategy7 min
Iron Condor Performance: Q1 2025 Review
Q1 2025 was a high-volatility quarter for iron condor traders. The VIX averaged above 20 for much of the quarter, multiple intraday swings of 3–5% tested…
Bernardo Rocha
Risk Management7 min
What Is Maximum Drawdown and How to Set Your Limit
Maximum drawdown (MDD) is the largest peak-to-trough decline in account equity over a given period. Every systematic trader needs two distinct layers of risk…
Bernardo Rocha
Automated Trading6 min
What Is an Equity Protector and How Does It Work?
An equity protector is an automated rule that monitors account drawdown and halts new position entries — or closes existing positions — when the portfolio…
Bernardo Rocha
Iron Condor Strategy7 min
Iron Condor vs Strangle: Which Options Strategy Is Right for You?
Iron condors and strangles both profit when markets stay within a range. The difference is risk structure: iron condors have a mathematically capped maximum…
Bernardo Rocha
Risk Management8 min
How to Trade Options with a Small Account: A Practical Guide
Trading options with a small account is possible with defined-risk strategies and careful position sizing. Accounts as small as $5,000–$10,000 can participate…
Bernardo Rocha
Automated Trading8 min
Is Automated Options Trading Safe? Risks and Safeguards Explained
Is Automated Options Trading Safe? Automated options trading is safe when built around defined-risk structures, position-level stops, account-level equity…
Bernardo Rocha