The video uses 5495 and 5455 as the strike prices for the example iron condor trade. The trader sells options at these levels and buys options 20 points away to define the risk. Later, a modified example uses a narrower 10-point spread instead of 20.
This video teaches a simple strategy for trading zero-day-to-expiry (0 DTE) SPX options. The strategy, based on back-tested data from Tastyworks, aims to achieve a high win rate (over 90%) with potential daily profits. The video covers trade entry, exit, stop losses, and risk management. It also introduces an automated trading tool.