Options Cafe blog - options trading education and strategies

We like to explore, educate, and share ideas involving options trading. Come along with us on
our journey to demystify the complex yet rewarding world of options trading.

Related To: Iron Butterfly Strategy

  1. Zero DTE SPX Iron Butterfly: 431% Returns and a Brutal 2025
    Zero DTE SPX Iron Butterfly: 431% Returns and a Brutal 2025
    The zero DTE SPX iron butterfly returned 431% in 2024 — then 2025 gave it all back. Here’s exactly how I trade it, why it failed, and who should run it.
    Read More
  2. Options Trading Drawdowns: Lessons From 2025 Losses
    Options Trading Drawdowns: Lessons From 2025 Losses
    2025 started with one of the worst options trading drawdowns of my career, and here is what those losses taught me about discipline and staying in the game.
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