On Market Measure, Nick, Bat, and Kai revisit 0DTE rolling strategies and take it a step further by adjusting profit targets based on total collected premium. This small tweak leads to meaningful improvements, with rolling call spreads or both sides outperforming a standard iron condor in most scenarios while also reducing overall risk.

The data shows that rolling—especially on the call side—benefits from volatility expansion during selloffs, allowing traders to collect more premium without significantly tightening strikes. While success rates dip slightly, the trade-off comes with better P&L and improved tail risk, particularly when rolls are made early in the session.