Library
0d
Research · 2025
0DTE condor study
no edge after costs, retired with a post-mortem
4 yrs of walk-forward backtests
0 edge after costs
1 post-mortem published
equity curve vs costs
condor leg selection logic
About
QuantConnect backtests of 0DTE SPY iron condors across 2021–2024. Walk-forward testing with an honest cost model found no edge after costs.
Retired on that evidence. The post-mortem documents the cost model and what would change the verdict.
Liner notes
- Four years of walk-forward windows.
- Costs modeled per leg, not hand-waved.
- Negative result kept on the record.
Credits
Platform quantconnect · lean
Underlying spy 0dte
Verdict no edge after costs
Status retired