The 0DTE Volatility Playbook

Volatility Regime Analyzer

Enter the current VIX level to identify the market regime and receive tailored 0DTE strategy guidance.

VIX Input Medium Vol

VIX Level ⓘ

VIX Range Slider

5 (Calm)45 (Elevated)90 (Panic)

SPY / Underlying Price ($)

Regime Dashboard

Expected Daily Move

±1.13%

±$5.87

0DTE Premium Zone

$2.50–$4.80

ATM straddle est.

Medium Volatility Regime (VIX 15–25)

ℹ️ Balanced conditions. Both premium selling and directional plays are viable. Focus on defined-risk structures.

Preferred Direction

Neutral/Directional

Best Structures

Iron Condor, Vertical Spreads

Risk Level

Moderate

Gamma Risk60%

Theta Capture70%

Vega Exposure45%

VIX Regime Reference Table

VIX Range	Regime	Daily Move Est.	Preferred Structures	Caution
< 15	Low Vol	< ±0.94%	Iron Condors, Short Strangles	Gap risk, complacency
15–25	Medium Vol	±0.94–1.57%	Verticals, IC, Directional	Event risk
25–35	High Vol	±1.57–2.20%	Debit Spreads, Straddles	Wide bid/ask, slippage
> 35	Extreme	> ±2.20%	Reduce size, Debit only	Liquidity crisis risk

0DTE Strategy Selector

Select your market outlook and volatility environment to find the optimal 0DTE structure.

Market Outlook

Volatility Environment

Strategy Name Neutral

Max Profit

—

Max Loss

—

Breakeven

—

Win Rate Est.

—

Strategy Overview

Entry Criteria

Exit Rules

Payoff Profile

⚠️

0DTE Trade Calculator

Calculate position sizing, max risk, breakevens, and expected value for your 0DTE trades.

Trade Parameters

Strategy Type

Account Size ($)

Risk Per Trade (%) ⓘ

Premium Collected / Paid ($)

Spread Width ($)

Underlying Price ($)

Days to Expiration

Position Sizing

Max $ Risk

$375

Contracts

Max Profit

$125

R:R Ratio

1:3

Breakeven Analysis

Lower BE

$518.75

Upper BE

$521.25

📐 Price must stay within breakevens for full profit on credit spreads.

Expected Value

Estimated Win Rate (%)

Expected Value

+$43.75

Kelly % Size

2.1%

⚠️ Use ½ Kelly or less in practice. Past win rates do not guarantee future results.

Pre-Trade Checklist

Complete this checklist before entering any 0DTE position. A disciplined process is your edge.

Checklist Completion 0%

🌅 Pre-Market Preparation

📊 Technical Analysis

⚖️ Risk Management

🎯 Trade Execution

Checklist Summary

Trade Journal & Log

Track your 0DTE trades, review performance, and identify patterns in your trading.

Log New Trade

Trade Date

Symbol

Strategy

VIX at Entry

Entry Price ($)

Exit Price ($)

Contracts

Outcome

Notes / Observations

Total Trades

Win Rate

—

Total P&L

$0.00

Avg P&L / Trade

—

📓 No trades logged yet. Add your first trade above to start tracking your performance.