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: Spx Iron Butterfly

  1. Zero DTE SPX Iron Butterfly: 431% Returns and a Brutal 2025
    Zero DTE SPX Iron Butterfly: 431% Returns and a Brutal 2025
    Education May 17, 2026
    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
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