Mastering the Art of Straddle/Strangle: The Ultimate Guide for 0DTE Intraday Trading

Predicting market direction is tough, and there are four biggest enemies to directional plays:

1. Imperfect Signals: There’s never a perfect signal that gives you a 100% correct answer. Sometimes, you’ll be wrong.

2. Range-Bound Markets: These give no clear direction and can eat your calls and puts both ways.

3. Money Management Issues: When your money management is off or you’re impatient/overconfident, using bigger sizes in range or anti-trend markets can be disastrous.

4. Emotional Reactions: We’re human, and emotional reactions after losses are inevitable.

That’s why directionless trades are the best strategy. But when it comes to 0DTE intraday trading, the straddle/strangle strategy is different from the traditional approach: