🔗 Useful Links (Start Here)

• 🌐 Alpha Crunching: https://alphacrunching.com
• 🎧 Stock Market Options Trading Podcast: https://stockmarketoptionstrading.net
• 💬 Join the Discord Community: (included with Alpha Crunching subscription)
• 📊 Weekly TSE Report & Trade Setups: Available inside Alpha Crunching

📈 Episode Breakdown

This week’s discussion centers around a tricky market environment—strong momentum on the surface, but plenty of uncertainty underneath.

• The market rallied over 4% last week and continues to hold near highs, even with rising oil and geopolitical concerns
• Key events this week include retail sales, PMI data, and a major appearance from the incoming Fed Chair
• Despite potential volatility, the market continues to show resilience, with dips getting bought quickly

Eric shares how he’s navigating this environment:

• Sitting on higher cash levels after covered calls were assigned
• Looking for pullbacks to re-enter long positions or potentially deploy collar strategies
• Increasing focus on SPX 0DTE trades for short-term opportunities with defined risk

Brian walks through a practical hedge idea using a broken wing butterfly on QQQ, highlighting:

• Favorable risk/reward structure
• Ability to profit even in downside scenarios
• A flexible way to hedge without tying up large capital

⚡ Key Takeaways

• Short-term uncertainty, long-term bullish tone continues to define the market
• Many traders are holding cash, which could fuel continued dip-buying
• 0DTE trading is gaining traction, especially with potential changes to PDT rules making it more accessible
• Gamma levels and options positioning suggest possible resistance near current levels, but nothing is guaranteed

📊 Strategy Focus

Eric discusses leaning more into:

• Mechanical 0DTE credit spreads using the Trend Spread Engine (TSE)
• Staying active even when swing strategies aren’t triggering
• Using data-driven timing, trend, and strike selection to find edge intraday

🎧 Listen On

Available on:

• Apple Podcasts
• Spotify
• And all major podcast platforms

If you’re looking to stay active in this kind of market, this episode is a solid mix of macro perspective and actionable strategy ideas.

👉 Alpha Crunching (SPX Options): https://alphacrunching.com

👉 Brian Terry’s COIN Group: https://www.stockmarketoptionstrading.net

👉 Podcast Episodes: https://www.stockmarketoptionstrading.com

👉Latest YouTube video: https://youtu.be/qe_F_GE5Pqo

In this episode, Eric O’Rourke and Brian Terry break down a wild stretch in the S&P 500, with the market ripping higher despite ongoing macro uncertainty and headline-driven volatility.

They dig into what’s actually driving the move, why traditional indicators like the 200-day moving average aren’t carrying the same weight, and how traders can navigate a market that’s shifting quickly between fear and momentum.

You’ll also hear insights on:

• Why this rally may be more about positioning than fundamentals
• The role of contrarian indicators like the put/call ratio and fear index
• How short-term options traders are adapting in this environment
• Real trade examples and how risk/reward is being managed right now

If you’re trading SPX options or just trying to make sense of this market, this episode gives you a grounded, real-time perspective from two active traders.

Trading is better when you’re not going it alone—plug into the communities above to stay connected and keep improving.

Despite ongoing geopolitical tensions and recent volatility, Eric walks through the signals that suggest the market may be stabilizing—and possibly preparing for a move higher.

In this episode, you’ll learn:

• Why dip buyers stepping in during negative news could signal strength
• What the recent drop in the VIX tells us about market sentiment
• How stronger-than-expected economic data is influencing market direction
• Why the market may already be looking past current headlines
• How short-term traders can think about longer-term market positioning

Eric also shares an important perspective on how the stock market tends to look months ahead—something many short-term traders often overlook.

Whether you're trading SPX options or just trying to understand current market conditions, this episode offers a practical, data-driven view of what might come next.

🔗 Resources & Links:

• Alpha Crunching (SPX trading tools, data, and community): https://alphacrunching.com
• Stock Market Options Trading: https://www.stockmarketoptionstrading.net

About the Host:

Eric O’Rourke is the founder of Alpha Crunching, a growing community focused on data-driven SPX options trading strategies. Through research, backtesting, and real-time tools, Alpha Crunching helps traders identify high-probability opportunities in short-duration trades.

Eric O’Rourke’s SPX Trading Community:

https://www.alphacrunching.com

Trading in a community gives you perspective, shared ideas, and support—far better than trying to figure it all out on your own.

In this episode, Eric O’Rourke is joined by Brian Terry to break down how they’re navigating a highly volatile, headline-driven market. With uncertainty tied to global events and sharp intraday reversals, both emphasize that sometimes the best trade is no trade at all—and that sitting in cash can be a strategic edge.

Brian shares how he’s staying active by focusing on strength in the energy sector, using diagonal call strategies and poor man’s covered calls on oil-related stocks showing relative strength. Rather than changing strategy structures, he explains how simply rotating into stronger sectors can maintain a bullish or neutral approach even in a weak market.

Eric contrasts this with his SPX-focused approach, where many bullish credit spread strategies are no longer triggering. He discusses why “flipping” strategies (e.g., turning put spreads into call spreads) doesn’t always work, based on backtesting results. Instead, he’s adapting through shorter-duration trades, including 0DTE trend-based spreads, while being more selective—especially on volatile gap days.

Check this Video: https://youtu.be/WLNR_5wf6YI

They also dive into:

• The impact of extreme intraday reversals on short-term trading
• Why timing (like the 10:30am window) can improve probabilities
• Adjusting position sizing and exposure during uncertain conditions
• Using moving averages (like the 100 and 200-day) to manage longer-term portfolios
• The challenge of knowing when to re-enter after going to cash

The episode wraps with a key reminder: markets like this require flexibility, patience, and discipline. You don’t need to force trades—wait for conditions to improve and protect capital so you’re ready when opportunities return.

With volatility elevated and market conditions shifting, Brian walks through how he constructed a 7-day iron condor nearly 600 points wide—while still keeping defined risk and a high probability of success. The discussion covers how iron condors work, why wider strikes can make sense in high VIX environments, and how to think about risk, adjustments, and profit targets.

They also dive into:

1. Why Brian targets ~50% profit and exits early
2. How to manage trades when one side gets challenged
3. The pros and cons of rolling vs. closing one side
4. Using iron condors as a “campaign” strategy in volatile markets
5. The role of discretion vs. systematic trading

Eric also shares how this type of neutral strategy can complement Alpha Crunching systems, especially when bullish setups are paused during bearish market conditions.

If you’ve ever wondered how to trade iron condors in volatile markets—or how to stay active when directional strategies aren’t triggering—this episode is packed with practical insights.

👉 Learn more about Alpha Crunching and join the community: https://alphacrunching.com

👉 Check out Brian’s COIN alerts: https://stockmarketoptiontrading.net

Alpha Crunching gives you the tools, alerts, and community to do it.

👉 Try it today and take 50% off with code SPX50 at AlphaCrunching.com

In this episode, Eric O’Rourke breaks down a practical question many options traders ask: what does it actually take to make $100 per day selling options?

Using real SPX credit spread examples, Eric walks through different ways traders approach profit targets—from letting spreads expire worthless to taking profits early—and why focusing only on percentage returns (like 50%) can be misleading. He explains how spread width, contract sizing, commissions, and capital requirements all play a role in reaching consistent daily income goals.

You’ll hear the trade-offs between:

1. Selling narrower vs. wider spreads
2. Taking profits early vs. holding to expiration
3. Increasing contracts vs. increasing risk per trade
4. Moving further out of the money for higher probability setups

Eric also shares how he’s been adjusting his own approach, including using wider spreads and targeting fixed dollar profits per trade, along with how tools like the Trend Spread Engine (TSE) fit into decision-making.

If you're looking to better understand the mechanics behind generating consistent income with SPX credit spreads—without overcomplicating the strategy—this episode lays out the key concepts.

👉 Learn more and explore strategies at AlphaCrunching.com

Join a growing community of SPX traders using data-driven tools and real-time alerts.

Many traders use indicators like moving averages or trend indicators strictly for buy or sell signals, such as a moving average crossover. But when trading premium strategies like credit spreads, Eric explains why it can be more effective to evaluate market conditions instead. For example, a simple condition like the 5-day moving average being above the 10-day moving average can indicate a bullish environment without waiting for the actual crossover signal.

Eric also shares how this concept applies to the 0DTE Trend Spread Engine, where trend is checked at set time intervals throughout the day to determine whether conditions favor bullish or bearish credit spreads—without waiting for the indicator to flip signals.

Because credit spreads benefit from time decay (theta) and only require the market to stay generally on the correct side of the trade, focusing on conditions rather than perfect timing can allow traders to increase trade frequency, trade smaller, and stay aligned with the broader market environment.

About the Host

The podcast is hosted by Eric O’Rourke, options trader and founder of Alpha Crunching, a data-driven platform and community focused on trading SPX options strategies. Inside the Alpha Crunching community, traders explore tools like the Trend Spread Engine, backtested strategies, and market condition frameworks designed to help structure credit spread trading.

Learn more about the community and tools at:

👉 https://alphacrunching.com

In this episode, Eric discusses the recent market breakdown and how current geopolitical tensions, volatility, and upcoming economic data are shaping trading decisions. With SPX experiencing sharp moves and uncertainty rising, he walks through how he’s adapting his approach and managing trades during this environment.

A major theme is market structure and key levels. Right now, gamma positioning appears scattered across large round numbers, suggesting institutional traders themselves are uncertain. As a result, Eric is watching major SPX levels every 100 points (6600, 6700, 6800, etc.) as potential support and resistance zones while the market “ping-pongs” between them.

He also reviews the macro backdrop driving volatility, including geopolitical tensions, sector rotation away from AI stocks, and a busy week of economic data with CPI, jobless claims, and PCE all ahead. These events could determine whether the market stabilizes or pushes lower toward the mid-6600s.

Eric then explains how he’s positioning his portfolio:

1. Maintaining a core SPY position while actively trading around it
2. Using covered calls and rolling positions to manage downside while leaving room for upside participation
3. Pausing many longer-duration spreads due to increased uncertainty

Much of the current trading activity has shifted toward shorter-term strategies, particularly SPX 0DTE trades.

The episode highlights how the AlphaCrunching 0DTE Trend Spread Engine (TSE) is being used in practice. The system ranks the best times of day for 0DTE spreads based on historical performance and now posts the short strike levels from the highest-probability trades. These levels act as data-backed areas where SPX has historically stayed away from by expiration, allowing traders to use them as reference points for structuring credit spreads.

Eric also introduces progress on the 1DTE Bias indicator, an experimental tool that evaluates market regimes using factors like trend behavior and VIX conditions. By comparing current conditions to historical matches over the past three years, the tool estimates the probability of the market closing higher the next day. The recent volatility spike has highlighted one of the challenges of building this model: unusual market conditions sometimes produce very small historical sample sizes.

The episode closes with an important reminder about patience and risk management. In volatile environments, it’s often better to wait for conditions to settle rather than forcing trades. Sometimes the best position is simply holding cash until clearer opportunities emerge.

Overall, this discussion provides a real-time look at how Eric is navigating a volatile market using a combination of macro awareness, probability-based levels, and adaptive options strategies.

https://www.alphacrunching.com/blog/spx-0dte-options-trading-using-the-trend-spread-engine-to-find-high-probability-intraday-windows

In this episode, I expand on a concept Brian Terry shared in Episode 174 about entering iron condors one side at a time — waiting for rallies to sell calls and pullbacks to sell puts.

That idea of patience and better positioning really resonated with me… and I’ve started applying it directly to my SPX 0DTE trading.

After launching the Trend Spread Engine in Episodes 172 and 173, we’ve been tracking every 0DTE credit spread posted throughout the day and compiling weekly performance reports. We’re seeing certain morning time blocks show 90%+ expiration win rates.

But here’s the key:

High probability doesn’t mean you need to enter immediately.

Instead of chasing the alert the moment it posts, I’m marking those statistically backed strike levels on my chart and waiting for volatility to give me a better entry — either higher strikes or better credit.

In today’s volatile market, patience can mean:

1. Better distance from price
2. Higher probability positioning
3. Improved risk/reward structure
4. Less emotional trading

This applies whether you’re trading 0DTE, 7DTE, or 30+ days to expiration.

If you trade credit spreads, this episode will help you think differently about execution and timing — especially in fast-moving markets.

Referenced Episodes:

1. Episode 174 – Brian Terry’s Breakeven Iron Condor Strategy
2. Episodes 172 & 173 – Introduction to the Trend Spread Engine

As always, trade smart and manage risk.

Brian walks through how he enters the call side and put side separately, targeting equal credits on each side with 7 days to expiration. The key twist? He uses a 200% stop on each side, which means if one side gets stopped out, the trade is designed to be roughly breakeven overall.

We talk through:

1. Why separating entries can improve flexibility
2. How the 200% stop changes the risk profile
3. Why this works well on SPX, and how newer traders can adapt it to SPY for smaller size
4. The mindset behind trading income strategies defensively, not emotionally

Brian runs the Conservative Options Income Network (COIN) over at https://stockmarketoptionstrading.net, where you can start a 14-day free trial and see his real trades, including the strategy discussed in this episode.

If you’re interested in structured, rules-based options income strategies, this is a great one to study.

In this episode, I’m joined by Dan to talk about trading earnings and a tool he uses called Earnings Watcher. We break down the basics of volatility around earnings announcements, common patterns traders look for, and how Earnings Watcher helps stay organized while analyzing historical price and volatility behavior around earnings events.

Whether you actively trade earnings or just want a better understanding of how earnings impact the broader market, this conversation will help put the process into context.

🔗 Earnings Watcher: https://earnings-watcher.com/pricing_smot

We're only 3 weeks into the stats but taking 0DTE trend spreads during the lunch hour at 12pm over the past 3 weeks has won 100% of the time. We're not expecting this type of performance to last forever but seeing this hot spots of high performance based on time of day entry is revealing some edge most traders are missing.

We would love you to join Alpha Crunching as we continue this build in public approach for SPX 0DTE Options Trading.

👉 Explore Alpha Crunching and get a discount:

https://alphacrunching.com

Discount code: SPX50 for 50% off first month or year.

🔗 Connect with Eric on LinkedIn:

https://www.linkedin.com/in/jericorourke/

The TSE is built to systematically identify high-probability SPX credit spread ideas by combining intraday trend, time-based structure, and defined risk. Rather than reacting to every move, the focus is on stacking small statistical edges and letting data—not emotions—drive decisions.

This episode also explains why strike selection and credits can vary, why these are trade ideas (not alerts), and how Alpha Crunching approaches options trading like an insurance business built on consistency and process.

👉 Explore Alpha Crunching and get a discount:

https://alphacrunching.com

Discount code: SPX50 for 50% off first month or year.

🔗 Connect with Eric on LinkedIn:

https://www.linkedin.com/in/jericorourke/

We'll review the Fed's dual mandate and why so much attention is paid economic reports involving jobs, inflation, and rate cuts.

We've got some major economic events happening this week that will likely decide the next leg of the market.

Here's the link the video version: https://youtu.be/0NAAbb6bbcI

When volatility spikes, option premiums expand — and that’s when I like to sell Iron Condors on SPX for wider ranges and better credits. I’ll break down:

✅ How I’m positioning this Iron Condor between recent highs and lows

✅ Entry criteria and credit received (~$3.25 on 10-wide wings)

✅ How to calculate max profit and max loss

✅ My profit-taking plan (~30%) and adjustment ideas if SPX moves sharply

✅ Why higher VIX levels can offer better Iron Condor setups

Whether you’re learning to trade index options or refining your Iron Condor strategy, this walkthrough gives you a practical framework to plan your trades in higher volatility environments.

📊 Tools Mentioned: AlphaCrunching.com — data-driven SPX options setups and backtested strategies.

🎯 Related Topics:

SPX Iron Condor strategy for volatile markets

SPX options trading explained

Selling premium when VIX spikes

Managing Iron Condors and rolling spreads

#SPX #IronCondor #OptionsTrading #Volatility #SPXOptions #AlphaCrunching #SPXStrategies #TradingSPX #VIX #OptionsIncome

You’ll hear how Brian manages exits, adjusts when short calls get breached, and keeps risk in check even when the market moves against him.

👉 Follow Brian over at stockmarketoptionstrading.net

💬 You can also get his trade alerts inside Alpha Traders Club to see this strategy in action.

Brian shares a practical example of a LEAPS diagonal trade on AVGO that’s been profitable even without much price movement, illustrating how selling weekly calls can generate consistent income against a long-dated call. The two also discuss covered call timing, hedging approaches, and using instruments like SSO to gain leveraged exposure with less capital.

🎧 Whether you’re trading SPX spreads or building income strategies with diagonals and covered calls, this episode offers a mix of mechanical systems and discretionary risk management ideas you can apply right away.

👉 Join the next live session at stockmarketoptionstrading.net or inside the Alpha Crunching Discord.

You’ll hear examples from trades in Google, AMAT, and Bank of America, plus how he handles adjustments when prices move.

👉 Join us for the next live Zoom or meetup at StockMarketOptionTrading.net to see more strategies like this in action.

Want backtested SPX strategies before the trading week begins? Use code SPX50 at AlphaCrunching.com to get started with a 50% discount.

📈 Market Recap & Trading Lessons:

🚀 Big rebound after last week’s 200-point SPX drop — market shakes off China tariff and shutdown worries

🍏 Apple headlines and possible government deal spark optimism

📊 Moving averages still recovering — 5-day hasn’t crossed back above 10-day yet

🧠 Eric explains how one huge candle can distort technical indicators short-term

💰 Shows an Iron Condor entered during the volatility spike — wide wings, 25% profit target

⚡ Volatility crush helped profits as VIX cooled off

📉 Trend-following strategies paused last week but could resume if short-term averages recover

❌ Reminder: selling call spreads during downtrends doesn’t backtest well — stick to data-driven setups

🔗 Check out all backtested trade setups at AlphaCrunching.com for this week’s SPX strategies

In this episode, Eric O’Rourke breaks down what happens when an uptrend breaks — and how traders can stay grounded when volatility spikes. He covers the recent tariff shock, key SPX levels to watch (6650–6800), and why the market’s recovery above the volume trigger could signal renewed bullish momentum.

Eric also discusses risk management in trend-following strategies, explains how short-term setbacks fit within high-win-rate systems, and shares insights from the latest Alpha Crunching forecast showing a cautious but stabilizing market outlook.

Want to join our next Live Zoom call?

Check out our Events calendar. It's free to join.

https://www.stockmarketoptionstrading.net/events

We break down why a high win rate alone doesn’t guarantee profits (think 98% win rate ads…), and how expectancy provides better context by showing how much you can expect to make or lose per trade on average. Eric also shares updates inside Alpha Crunching: the Trade Ideas tab now includes expectancy alongside win rate, giving subscribers deeper insight when sorting potential setups for the week.

You’ll also hear about future enhancements—like adding average win and loss values—so traders can better gauge risk-reward and decide which setups fit their personal style.

👉 Try Alpha Crunching for yourself and get 50% off your first month here: https://alphacrunching.com

Brian joins to walk through his weekend watchlist and three core income strategies: in-the-money covered calls, poor man’s covered calls (diagonals), and broken-wing butterflies—including how he manages risk, targets returns, and selects trades. We also cover SPY covered calls vs. selling puts, an update on Intel’s surprise breakout, and practical ways to use mechanical strategies like Alpha Crunching’s Thursday PCS setup.

Symbols mentioned: SPX, SPY, ETSY, BABA, RKLB, INTC.

Brian also shares details on his Delta Neutral “double diagonal” strategy with SPY, walking through trade setups, adjustments, and lessons learned from managing the position. We cover how rolling strikes works, how IV impacts results, and why this approach may fit best in lower-volatility environments.

Eric wraps up by discussing how he’s using covered calls on SPY as a way to generate income and manage positions during the current market uptrend.

👉 If you want to join future sessions live, visit https://stockmarketoptionstrading.net and check the Events tab for schedules and Zoom links. Replays are always posted here on the YouTube channel.

This episode is a fun, nerdy deep-dive with Troy and Matt from Option Omega. We cover how to build realistic backtests for options (especially 0DTE) and when it makes sense to automate entries/exits so you’re not chained to the screen. We also walk through a few trade structures—including the much-misunderstood Reverse Iron Condor (RIC)—and talk about portfolio-level thinking: position sizing, diversification across edges, and why “one-lotting” more often than not can save your sanity.

What we cover:

• Why end-of-day data lies for options backtests and how 1-minute, intraday pricing changes the conclusions (stops, profit targets, and whether you even got filled).
• The rise of 0DTE and why intraday realism matters way more than it did for 45–90 DTE trades.
• The “Punisher”: stress-testing backtests with slippage, fills, and tougher assumptions so results hold up in live trading.
• Liquidity matters: why OO focuses on top tickers (SPX, SPY, QQQ, etc.), and the pros/cons of instruments like XSP.
• RICs (Reverse Iron Condors) as long-gamma plays: when long premium + the right signal can still have positive expectancy, and sizing so a few losses don’t nuke the account.
• Credit-spread philosophy: structure ≠ edge. Edge comes from when you put it on (signals), then you pick the simplest structure that monetizes that edge.
• Automation better than willpower: broker-resting stops, time windows, and signal-gated entries so your plan runs even when you’re walking the dog.
• Sizing & psychology: allocations as a strategy; why many traders should downshift to one-lots more often; diversifying edges (theta harvest + long-gamma + price-action) on the same ticker.
• My ASD signal (Alpha Crunching): using Average Strength Deviation as a weekly, day-of-week filter; combining ASD with simple MAs/EMAs for “aggressive” ATM put-credit spreads; converting those rules into hands-off automations.
• Broker support today: Schwab, Tastytrade, Tradier (IB not currently supported for U.S. retail cloud API).

Key takeaways:

• Backtests need intraday realism or they’re just stories.
• Structure is just the container; edge = timing + conditions.
• If your edge is “market stability”, credit spreads monetize it better than naked long calls.
• Automation lets you run more strategies with smaller per-trade risk and fewer emotional mistakes.
• Test harshly (slippage, fills, stops) so live results rhyme with backtests.

Resources & links:

• 🔧 https://OptionOmega.com (backtesting + automation) — Use code SMOT for 50% off.
• 📈 https://AlphaCrunching.com (signals, forecasts, ASD/WTR/TTR, weekly trade ideas) Use code SPX50 for 50% off first year.

In this episode, Eric and Brian recap a volatile week in the markets, share updates on recent SPX trades, and walk through trade setups they’re watching. Topics include:

• Last week’s market moves, Powell’s comments, and how they affected options positions
• An Intel trade idea: building a position with stock, covered calls, and long-term outlook
• A deep dive into a broken wing butterfly setup on Carvana and why it flips the risk/reward compared to standard spreads
• Key economic events on this week’s calendar (GDP, core PCE, jobs data) and how they may impact price action
• Tools for traders: Forex Factory, Unusual Whales options flow, and Alpha Crunching’s new ASD forecast research

Whether you’re into SPX spreads, directional trades, or income strategies, this session covers practical setups and the thought process behind them.

👉 Catch the live session every week by RSVPing at https://stockmarketoptionstrading.net/events.

👉 Join the conversation in the Alpha Crunching Discord to access research, options flow tools, and weekly trade ideas.

👉 To RSVP for future live sessions: https://stockmarketoptionstrading.net/events

In this kickoff episode, Eric walks through the Monday 7DTE Put Credit Spread strategy powered by Alpha Crunching’s Weekly Triumph Rate (WTR). He compares backtest results of holding to expiration versus taking early profits and shows why risk/reward balance is key for long-term success. We also dig into trade management, allocation, and automation using Option Omega.

Brian shares one of his go-to strategies—the Poor Man’s Covered Call (Diagonal Call Spread)—breaking down a real trade example in $ANET, including strike selection, rolling, and risk management.

We also touch on the week’s economic calendar, including the FOMC minutes and Jackson Hole Symposium, and how traders might factor these events into their setups.

👉 To RSVP for future live sessions: https://stockmarketoptionstrading.net/events

👉 Watch replays on YouTube: Stock Market Options Trading channel

⚠️ Disclaimer: This content is for educational purposes only and not financial advice. Options involve risk and are not suitable for every investor.

🎥 Mentioned in this episode:

Check out the latest YouTube video where Eric explains how the ASD indicator from Alpha Crunching helps spot slowing momentum and potential SPX trend reversals — before they happen.

📺 Watch here: https://youtu.be/H48aAu4WxBA

💡 Get 50% off your first year at AlphaCrunching.com

In this episode, Eric breaks down a risk-free SPX trade using the “Profit Forest” approach—where the focus is on locking in gains and building multiple profit zones on the risk graph, rather than chasing max reward with max risk.

📺 Watch the full video version of this trade on YouTube here: https://youtu.be/ONQCRfjrMZ0

📹 Also check out these related videos on risk-free 0DTE setups:

• 🌲SPX 0DTE Iron Butterfly Risk Free Walkthrough
• https://youtu.be/AUpTVV-a4sQ
• 
  
• 🌲SPX 0DTE Options Strategy: Risk Free Trade Walkthrough
• https://youtu.be/nSLOBTKgvmw
• 
  
• 🌳SPX 0DTE Risk Free Profit Forest Trade: Green Everywhere!
• https://youtu.be/mojAC_DXZ6M

📈 Get your edge with AlphaCrunching.com

Access daily SPX forecasts and backtested trade ideas to help guide your SPX decisions.

👉 Use code SPX50 for 50% off your first month/year: https://www.alphacrunching.com

💬 Join the free SMOT community

Chat with other SPX traders, explore trade alerts, and access educational content at:

🔗 https://www.stockmarketoptionstrading.net

In this episode of the Stock Market Options Trading Podcast, Eric breaks down the current SPX market setup heading into a big week of economic events, including Wednesday’s FOMC meeting. After last Friday’s selloff, the market rallied hard on Monday—highlighting the continued volatility.

Eric recaps last week’s inflation data (CPI, PPI), stronger-than-expected consumer sentiment, and why these may give the Fed room to ease up. He also walks through this week’s AlphaCrunching forecast, revealing a potential shift toward late-week weakness and how that’s impacting his current trades.

Plus, you'll hear the latest backtested trade ideas, including put credit spreads and hedge setups—all driven by AlphaCrunching’s proprietary Triumph Rate metrics and trend data.

📈 Join Alpha Crunching for weekly SPX forecasts, trade ideas, and strategy tools: AlphaCrunching.com

🎙️ Chat with Eric and other traders in the free SMOT Community at StockMarketOptionsTrading.net

You'll also get a look at this week’s Alpha Crunching trade ideas and market forecast, plus how Eric is managing a mix of put and call credit spreads to stay balanced as the uptrend continues.

🔹 Get 50% off Alpha Crunching tools with code SPX50 at AlphaCrunching.com

🔹 Join the free SMOT Community Chat to connect with other traders at StockMarketOptionsTrading.net

New video episodes now available on YouTube! 🎥 Just search for Stock Market Options Trading.

Disclaimer:

This podcast is for educational and informational purposes only. Options trading involves risk and is not suitable for all investors. Nothing discussed should be considered financial or investment advice. Always do your own research or consult a licensed financial professional.

👉 Come join the free community at StockMarketOptionsTrading.net where Brian and I hang out and discuss trades in real time. You’ll also find on-demand courses and our private trading group where we post trade alerts and educational content each week.

Whether you’re retired or just planning ahead, this episode has something for every trader looking to keep learning and stay engaged.

🎯 Want to trade alongside us? Get a 30-day trial to the Alpha Traders Club at StockMarketOptionsTrading.net. Inside, you'll get access to real-time trade alerts, weekly trade breakdowns, and a private chat community focused on SPX options and consistent strategy execution.

👉 You can access the Average Strength Deviation (ASD) indicator and all Alpha Crunching forecast tools at https://AlphaCrunching.com — use code SPX50 for 50% off your first plan.

Eric also walks through a potential SPX call credit spread trade he's considering around the 6000 level, outlining the logic behind the strike selection and risk management with a possible roll into an iron condor.

Plus, he touches on key option levels from SpotGamma, the latest consumer confidence data, and how this week’s economic calendar (including GDP and inflation reports) might play into market moves.

🎥 Watch the video version here: [Insert YouTube link]

Disclaimer:

This podcast is for informational and educational purposes only. It is not financial advice. Always do your own due diligence before making any trading or investment decisions.

We also touch on using tools like SpotGamma levels, Truflation, and how we're managing trades during this volatile yet resilient market environment.

💬 Want to join the conversation and see all the charts we’re talking about?

Head over to https://www.stockmarketoptionstrading.net and become a free member to access the trade feed, comment on episodes, and follow along with our strategies.

In this episode of the Stock Market Options Trading Podcast, I cover how volatile price action can distort technical indicators—and what that means for traders. Using Alpha Crunching’s SPX Weekly Forecast as an example, we look at how past outlier moves (like the recent tariff news spike) are dropping out of the data and shifting indicator readings.

I also walk through:

• Why this week’s forecast still looks bullish despite a lower net gain
• The impact of recent news and options positioning on key SPX levels
• Potential trade ideas using put credit spreads and how I’m managing them
• Updated weekly Triumph Rates (WTR) and what they say about market conditions

🎥 Watch this episode on YouTube to follow along with charts and levels

https://youtu.be/rd5RFVy7WKs

Mentioned Tools:

Alpha Crunching – Weekly forecast & trade ideas

https://www.alphacrunching.com (Use code SPX50 for 50% Discount)

SpotGamma – Daily options positioning updates

https://spotgamma.com

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Watch the video here: https://youtu.be/Pk22BcCBfn0

Welcome to episode 150 of the Stock Market Options Trading Podcast! 🎉

This week’s special episode marks our very first video podcast — now available on YouTube and your favorite audio platforms like Apple and Spotify. If you're watching on YouTube, don’t forget there are 149 audio-only episodes full of SPX options strategies, technical analysis, and educational content.

In this episode, Eric breaks down:

🔴 Why he’s wearing a red shirt (hint: SPX is red today)

📉 A recap of last week’s historic 9-day rally and what’s driving current volatility

🧠 A live walkthrough of his adjusted SPX Iron Condor trade and how he managed risk after the rally

🔍 Key SpotGamma levels for SPX (Call Wall, Put Wall, and Volume Triggers)

📊 A look at Alpha Crunching’s updated weekly SPX forecast and how traders can use it to anticipate market momentum

⚙️ How Triumph Rates and strategy filters guide potential trades like call debit spreads

🗓️ A quick rundown of this week’s economic events including the FOMC meeting and PMI data

📉 Why Eric is still trading small size below the 200-day moving average and how he’s combining mechanical trades with Iron Condors for income

Whether you’re trading SPX options full-time or just learning the ropes, this episode is packed with practical market context, chart visuals, and strategy adjustments to help navigate current conditions.

👇 Resources & Links Mentioned in This Episode

Alpha Crunching Weekly Forecast Indicator:

https://www.tella.tv/video/weekly-forecast-heikin-ashi-for-profitable-trend-trades-cxun

https://www.alphacrunching.com (Use code SPX50 for 50% discount)

Alpha Crunching Call Debit Spread:

https://www.alphacrunching.com/blog/call-spread-option-strategy

SpotGamma.com for Call and Put Walls

Economic Calendar:

https://www.forexfactory.com/calendar

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

📉 This week, the S&P500 dropped over 2% to start the week as uncertainty around tariffs continues to dominate headlines. I talk through how I’m navigating the range-bound market with iron condors and why I'm keeping trades short and wide.

📊 I also share insights from Alpha Crunching’s Weekly Triumph Rate (WTR), which remains below 50% across the board — a rare occurrence signaling more weakness under the hood.

📈 We take a closer look at:

• Real-time inflation data from Truflation
• How truflation compares to CPI and what it may signal before official reports
• Historical SPY reactions to Fed rate cuts, with a helpful chart from TrendSpider

🗓️ Plus, I touch on key economic events to watch this week including flash PMI, durable goods, and consumer sentiment.

📌 Resources mentioned:

• 🔗 Alpha Crunching Weekly Triumph Rate
• 🔗 Truflation Dashboard
• 🔗 TrendSpider Rate Cut Chart Tweet
• 🔗 Grok on xAI (for research)

Thanks for listening! Be sure to subscribe and check out AlphaCrunching.com for data-backed trade ideas and SPX forecast tools. Get 50% off your first month or year!

Eric also shares the latest SPX levels he's watching, how he's positioning with an iron condor, and what Alpha Crunching's updated weekly forecast reveals about the current choppy trend. This is still a headline-driven market, and patience remains key.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Brian shares how he's using in-the-money covered calls to generate income with downside protection, even during pullbacks. They dive into sector rotation—highlighting strong performers like gold (GLD), utilities, and dividend stocks—and explain the mechanics behind selecting trades with favorable risk/reward profiles. Eric also reflects on the challenges of backtesting bearish strategies and why sometimes sitting in cash is the best trade.

It’s a great discussion on trading defensively, adapting strategies to market conditions, and staying consistent during uncertain times.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Eric also shares a few SPX trade setups from Alpha Crunching, including a bullish 7-day put credit spread using the Weekly Triumph Rate, and explains how he's navigating recent market volatility by staying mechanical.

Use code SPX50 for 50% off your first month at https://www.alphacrunching.com and start trading with confidence.

Interested in joining Alpha Traders Club? Click Here for a 7 Day Trial

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

https://www.alphacrunching.com/blog/bear-market-hedging-strategy

Summary:

In this episode of the Stock Market Options Trading Podcast, we break down a bear market hedging strategy that just triggered given the current market conditions.

Right now, SPX is down about 10%—a textbook correction—but it’s also trading below the 200-day moving average, which we’re using as a key reference point for this strategy. While some traders debate whether this qualifies as a bear market, the real focus is on objective, rule-based trading to avoid emotional decisions during volatile times.

We discuss:

✅ How this strategy works – using SPX bear call spreads with a 14-day expiration

✅ Why it only triggers in bearish conditions – avoiding the drag of constant hedging

✅ Performance since 2017 – with a 77% win rate and key takeaways from past bear markets

✅ The importance of avoiding overtrading – staying mechanical when markets turn volatile

This isn’t an everyday trade—it only triggers in bearish conditions—but when it does, it has historically provided an edge in downturns without sacrificing gains in bullish markets.

🎧 Listen now and see if this trade is setting up for next week!

🔗 Full blog post with charts & backtest results: https://www.alphacrunching.com/blog/bear-market-hedging-strategy

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

🔎 Key Topics Covered:

✅ SPX range update: 5800-6200 🎯

✅ Bullish trades not triggering and why patience pays

✅ How Eric used iron condors to trade the chop ⚙️

✅ Why the Fed’s rate cut timeline is shifting 📅

✅ Key events this week: PMI, jobless claims, NFP, and Powell speaking 💼💬

💡 Pro Tip: When markets get wild, risk/reward matters more than ever—and Eric explains how he sizes his trades to survive big swings.

👉 Tune in for smart insights, trade ideas, and a clear game plan for the week ahead! 🎧

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

🔥 Options Flow Insights: Eric dives into recent bearish options activity, key market levels, and how Alpha Crunching's trade setups are adjusting to the current conditions.

🚀 Trading Automation Update: Exciting news! Eric shares details on a new automation tool 🤖 he's testing to streamline mechanical trading strategies—making trading more efficient and less time-consuming. Something he will be sharing in the Alpha Traders Club group.

💡 Tune in now for:

✅ A full market recap 📰

✅ Key trade ideas for the week 📊

✅ The future of automated trading 🤖

👉 Listen now and stay ahead of the market! 🎧

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode of the Stock Market Option Trading podcast, host Eric O’Rourke dives into the key differences between bull call spreads and bull put spreads, breaking down their mechanics, risk-reward profiles, and how to manage them effectively.

Eric explains why bull call spreads, which are debit trades, require a directional move to profit, while bull put spreads, as credit trades, can benefit from time decay. He also discusses strike selection, risk-reward considerations, and win rates, helping traders determine which strategy aligns best with their trading style.

This episode was inspired by the latest bull call spread strategy module added to the SPX Income Masterclass, offering traders a structured way to approach bullish options strategies.

👉 Check out the SPX Income Masterclass at stockmarketoptiontrading.net

🎧 Listen now and don’t forget to leave a review!

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Mentioned in this episode is trade idea for Tuesday.

Here's the link: https://www.alphacrunching.com/blog/7dte-put-credit-spread-strategy-for-spx-weekly-options

Get more S&P500 insights at https://www.AlphaCrunching.com/blog

Join me next week as we navigate the stock market focusing on the S&P500.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Get more S&P500 insights at https://www.AlphaCrunching.com/blog

Economic events, options positioning, and technical indicators to get your ready for the week.

Join me next week as we navigate the stock market focusing on the S&P500.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Get more S&P500 insights at https://www.AlphaCrunching.com/blog

Economic events, options positioning, and technical indicators to get your ready for the week.

Join me next week as we navigate the stock market focusing on the S&P500.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

The audio for this show is from a recent YouTube video.

Here's the link if you interested in the video version: https://youtu.be/eTLqr8TWstA

Blog Post: https://www.alphacrunching.com/blog/buying-spy-call-options

SPY Call Buying Video Course: https://www.stockmarketoptionstrading.net/spaces/17635818

Key Strategy Highlights:

1. Core Strategy:

• Buy SPY calls (Delta 70) on Monday at 3:30 PM.
• Use a 50% stop loss and a 100% profit target for the 2:1 risk-reward ratio.
• The strategy has shown an average winner of $600 and an average loser of $340.

1. Technical Conditions:

• SPY must be above its 20-day SMA, indicating a short-term uptrend.
• RSI must be below 70 to avoid overbought conditions.

1. Weekly Triumph Rate (WTR):

• Check WTR data on AlphaCrunching.com before the trading week.
• Only trade if Monday’s WTR is above 50% or improving from the previous week.
• WTR provides insights into the probability of SPY closing higher the following week.

1. Pre-Market Planning:

• WTR data is available on Sunday, allowing for early decision-making.
• Trade ideas are updated weekly for subscribers on Alpha Crunching.

For a detailed breakdown, including variations on this strategy, check the blog post and mini video course linked below.

Blog Post: https://www.alphacrunching.com/blog/buying-spy-call-options

YouTube Video: https://youtu.be/eTLqr8TWstA

I had a great discussion with John Einar from ThetaProfits.com where discussed one of the most overlooked aspects of trading which is positions sizing.

Check the full episode here: https://www.thetaprofits.com/position-sizing-the-overlooked-key-to-options-trading-success/

Watch the interview on YouTube here: https://www.youtube.com/watch?v=Ev-OyVE3heg

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Economic events, options positioning, and technical indicators to get your ready for the week.

Join me next week as we navigate the stock market focusing on the S&P500.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Economic events, options positioning, and technical indicators to get your ready for the week.

Join me next week as we navigate the stock market focusing on the S&P500.

Want to connect? Find me on X:

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

SPY and SPX give you exposure to the S&P 500, but these options have key differences you should know before getting started.

Paying Dividends

SPX does not pay a dividend, but SPY does. Dividends may not seem relevant because someone buying options does not own shares. You only receive the dividend if you own the shares before the ex-dividend date.

But the dividend is relevant for options traders. Some traders may exercise SPY options early to be on time for the dividend. An ex-dividend also lowers the stock price, which will affect your option’s value. If SPY offers a $1.60 dividend this quarter, SPY’s share price will decrease by $1.60 on the ex-dividend date. Options do not get adjusted downward proportionally to the ex-dividend, but a decrease in share price hurts calls and helps puts.

Trading Style

Traders can use two approaches for their options trading. SPY options use the American style of option trading, while SPX options use the European trading style.

Investment Cost

Several factors influence an option’s cost, including the underlying asset’s price. Because the S&P 500 is roughly 10 times the price of SPY, the options for SPX require a higher investment. An investor would have to purchase 10 SPY calls with $400 strike prices to get the same exposure as one SPX call with a $4,000 strike price.

Settlement Price

If a SPY option gets exercised, shares exchange hands. A call holder will receive 100 shares, while someone with a put can sell their 100 shares. Instead of letting traders exchange shares, SPX options involve cash. SPX options give traders the cash equivalent of their in-the-money profits plus the initial investment. If the option expires worthless, the trader gets nothing back.

Expiration

SPY options follow the American trading style, which means options expire on Fridays at 4 p.m. Eastern. Some ETFs like SPY have multiple expiration dates each week, but most stocks expire after Friday’s close.

SPX options follow a different model, the European trading style. Most European options also expire on Friday’s close, but the third Friday of each month presents an exception. Options that expire on the third Friday don’t benefit from Friday’s price movements. These options stop trading after Thursday’s close. You cannot exercise a SPX option and have to wait for the settlement date to receive cash (SPX options do not involve shares changing hands), but you can exercise a SPY option at any time.

Contract

Options traders can only get involved with two types of contracts: calls and puts. These derivatives enable various options trading strategies you can use for SPY and SPX options. Both options let you engage in calls and puts.

Value

SPX options hold a higher value than SPY options because of the difference in share prices. A trader needs 10 SPY options to have the same value as one SPX option. While SPX options hold more value per contract, they both produce similar returns. If the S&P 500 increases by 1%, the SPY will also increase by roughly 1%. A 1% increase in the underlying asset’s price will produce nearly identical percentage gains for SPX and SPY options.

Liquidity

SPX and SPY both have great liquidity. They are among the most in-demand options, with generous bid-ask spreads. Other options with less liquidity have wider spreads, which makes it more difficult to realize profits. If you want to quickly enter and exit options within seconds without getting burned by the spread, SPY and SPX options are great choices.

Tax Treatment

SPX options are better for taxes and can help you save money because of how capital gains work. Sixty percent of your gains from SPX options get treated as long-term capital gains, while the remaining 40% of gains are treated as short-term gains. SPY options do not have the same luxury because all of their gains get treated as short-term gains. Short-term gains get taxed at a higher level than long-term gains, so you can end up with a higher tax bill if you trade SPY options.

Flexibility

SPY and SPX both have more flexibility than other options. While many options only expire on Fridays, you can trade SPY and SPX options that expire on any weekday. You can trade days to expiration (DTE) and zero days to expiration (0DTE) options on any day of the week if you desire. While each options trader has their own risk tolerance, SPY and SPX options offer the greatest flexibility to meet your needs.

Want to connect? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Today, we’re diving into a case study on options position sizing. I recently posted a video on YouTube where I compared the same trading strategy across different account sizes and allocations to see how position sizing can dramatically impact performance. In this episode, you’ll hear the audio from that video.

Here's the link: https://youtu.be/ThDgXklMG40

If you’re a visual learner, I’ve included a link to the YouTube video so you can check out the performance metrics in detail—it’s only 12 minutes long!

Before we jump in, a quick ask: If you’re enjoying the SMOT podcast, I’d be thrilled if you left a review on Apple or Spotify. It takes just 30 seconds, and it means the world.

Now, let’s get into this case study on optimizing your options position sizing!

Want to connect? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Want to connect? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

At the time of this posting, GOOGL was up a little over 5% on an earnings pop and I've since exited most of the trade for profit.

Feel free to reach out to your host Eric O'Rourke on Twitter for any follow up questions, comments, or feedback.

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Here's the link to the video discussed in the episode that explains the strategy:

https://youtu.be/2sM-6QTWWz8

Check out the Alpha Crunching Blog for more strategies like the one in today's episode:

https://www.alphacrunching.com/blog

Use code SPX50 for 50% off your first month of Alpha Crunching for backtested trade ideas posted each week before the trading week begins.

Feel free to reach out to your host Eric O'Rourke on Twitter for any follow up questions, comments, or feedback.

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

The TRACE indicator is expertly designed to show options positioning from a dealer's perspective in a heat map form making it so much easier to structure various types of trades.

If you are an SPX weekly options trader, pay close attention to this episode and use this link to learn more:

https://spotgamma.com/trace-the-market-vertical-spread-academy/?aff=VSacademy

Be sure to follow Spot Gamma on X at: https://twitter.com/spotgamma

Also follow Eric O'Rourke there too: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Traders Post allows you to automate trades using buy and sell signals from platforms like Trading View and Trend Spider.

Even though automated trading can reduce human execution errors, the psychology of automated trading is still something traders have to grapple with despite offloading some of the work to an algo rhythm.

Feel free to reach out to Mike or Eric on Twitter for any following questions, comments, or feedback.

Mike Christensen: https://twitter.com/Mik3Christ3ns3n

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Want to connect? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

PS:

Updated options trading research now available in the SPX Income Masterclass geared towards beginners with small accounts and for those who don't want to watch the market all day. The strategies included in this Lifetime Access and Updates course are mechanical in nature and lend themselves to automated trading which is also discussed in the course.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

In this episode, I discuss something about vertical spreads that options education books typically don't include. We'll explore comparing buying a single call option vs. buying a long call spread aka. bull put spread through the lens of trading strategy.

The primary point is that there is a level of consistency with vertical spreads over single options in that the cost of the spread is relatively the same over time whereas the cost of the call can vary due to volatility. This can make it harder to allocate a consistent amount of capital to a strategy.

The downside with vertical debit spreads of course is that you gaining consistency but at the cost of capping your upside gains if the market moves heavily in your favor.

Want to connect with myself? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode, we'll talk about a trade idea to express a short term bearish thesis of SPX making a move to its 200sma over the next week or so.

The key takeaway is that you are able to create trade structures with options to express you r idea of what you think the market may do or not do over a certain period of time. As long as you are ok with the risk reward, then you can express that opinion and then find out later if you are right or wrong.

Want to connect with myself? Find me on LinkedIn and X:

LinkedIn https://www.linkedin.com/in/jericorourke/

X(Twitter): https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

In this episode, I'll discuss what I think my secret is to staying profitable over time.

Want to connect with myself? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode, we'll discuss a put spread collar trade which can allow you to get some downside protection while at the same time giving you room for more upside participation.

I came across this trade idea on X and brought Jon on the show to walk us through it.

Here's Jon's Twitter if you want to check him out: https://twitter.com/optionacejon

Here's the Put Spread Collar Post for more details: https://twitter.com/optionacejon/status/1803563695169044503

In this example, he shared what a put spread collar on SPY might look like.

Want to connect with myself? Find me on LinkedIn or X:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

Eric O'Rourke: https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Want to connect with myself? Find me on LinkedIn and X:

LinkedIn https://www.linkedin.com/in/jericorourke/

X(Twitter): https://twitter.com/OptionAssassin

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In today's episode, we'll go over some similarities between these two powerhouses who both have strong momentum and putting up staggering numbers in their respective domains.

But the decision to leave Clark off Team USA for the 2022 Summer Olympics is like cutting your winners short leaving millions of dollars on the table.

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode, we'll discuss some of the nuances that the P/L curve can give you as opposed to just profits, wins, and losses.

Here's the link to System #3 mentioned in the episode to get some context around the P/L curve that was discussed:

Click Here: https://www.stockmarketoptionstrading.net/posts/58404617

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

I had so much fun in the conversation talking about out approaches to options trading these days, how we have evolved over time, backtesting, psychology, and so much more. I hope you find this show as entertaining as it was to create.

To connect with Erik, check out his links below.

esInvests on YouTube: https://www.youtube.com/esinvests

esInvests on X(Twitter): https://x.com/esInvests

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

When it comes to researching and trading strategies and then implementing them, there are many additional factors that don't make it into the backtest. In this episode, I walk through a recent 1DTE trade in which the options expire the following day.

Despite the trade only being 24 hours long, it was the longest trade of my life.

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

There you will also find the SPX Income Masterclass which will teach mechanical strategies you can trade with this episode in mind.

Also on the website, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Today's episode is from a video training recently sent to Alpha Crunching subscribers and posted in the free community.

Here's the link to watch the 10m video presentation of this strategy:

https://www.stockmarketoptionstrading.net/posts/55173187

The TTR is a metric from https://www.alphacrunching.com that shows the tendency for the next day to close higher from the current day. TTR stands for Tomorrow's Triumph rate.

Use code SPX50 at https://www.alphacrunching.com for 50% off your first month.

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Also, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Want to connect with myself? Find me on LinkedIn:

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Alpha Crunching forecasts for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Also, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

One of those institutions is the OCC (The Options Clearing Corporation) which is the world’s largest equity derivatives clearing organization. For nearly 50 years, OCC has provided financial stability and risk management to the U.S. listed-options marketplace.

Want to connect with myself or Mat? Follow us on LinkedIn:

Mat Cashman: https://www.linkedin.com/in/mat-cashman/

Eric O'Rourke: https://www.linkedin.com/in/jericorourke/

After that, join other listeners at https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Alpha Crunching forecasts for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

In this episode, we'll discuss a neutral bearish strategy of selling call credit spreads in the context of the current uptrend so far in 2024.

It's important to remember that the trend is our friend until it ends and we're expecting the trend discussed in this episode to end at some point as well.

The options strategy discussed in this episode is for educational and illustrative purposes only and should not be considered financial advice.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Alpha Crunching forecasts for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

We'll compare holding the trades to expiration from 2021-2023 vs. taking profits a 50% of the max gain. As we'll discuss, strike selection and win rate can be determining factors in deciding when to take profits as part of the strategy you are trading.

Want the full video training of today's strategy?

Here's the link to the SPX Income Masterclass:

https://www.stockmarketoptionstrading.net/spaces/4688450

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

I'll explain how I was able to recenter the Iron Condor around the current price without having to add any more risk to the trade. This allowed me to stay in the trade longer so I could profit from time decay.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

To learn more about GexBot, check out their YouTube channel here:

https://www.youtube.com/@gexbot

and be sure to follow them on Twitter here:

https://twitter.com/thegexbot

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Depending on when you are listening to this episode, my position may have changed or been closed depending on market conditions.

This episode is for educational purposes only and should not be considered financial advice of any kind.

As mentioned in the episode, TSLA stock is in a downtrend and the downtrend is not over. Contrarian trading like this can have greater downside risk.

Here's the link to the TSLA chart post mentioned in the episode:

https://www.stockmarketoptionstrading.net/posts/49101242

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Alpha Traders Club is where I host my 0DTE Live Chat each day for trading SPX 0DTE and 1DTE trades. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Interested in Alpha Traders Club for trading SPX 0DTE and 1DTE as well as Covered Calls on stocks and ETFS?

Here's the link to join: https://www.stockmarketoptionstrading.net/spaces/12282222

Want to try the Intraday Seasonality indicator for the S&P500?

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Use code SPX50 for 50% your first month of https://www.alphacrunching.com. Alpha Crunching is a unique analytics app for short term traders of the S&P500.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to trade with us?

Check out our new group Alpha Traders Club on the website.

https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: Everything in this episode and on this podcast is for informational purposes only and should not be considered financial advice. There is substantial risk trading options if not done properly.

We'll go through an example of using a put credit spread backtest as well as some new research from Alpha Crunching for trading them.

The TTR is a new metric from https://www.alphacrunching.com

Use code SPX50 for 50% your first month.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts with clues to the where the market may be headed next.

Want to trade with us?

Check out our new group Alpha Traders Club on the website.

https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: Everything in this episode and on this podcast is for informational purposes only and should not be considered financial advice. There is substantial risk trading options if not done properly.

In this episode, we'll revisit what I think is the best options strategy for small accounts and beginners. We're going replay Episode 2 of the podcast from March 2020 where I explained the idea of selling put credit spreads similar to how an insurance company would sell car insurance.

If you are a working professional and can’t watch the market all day but want to learn how you can implement the strategy discussed in this episode geared towards beginners and small accounts, head on over to the website and check out my SPX Income Masterclass where you’ll learn a mechanical strategy for trading weekly options that only requires you to check the market a couple times per week.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/4688450

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want to trade with us?

Check out our new group Alpha Traders Club on the website.

https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: Everything in this episode and on this podcast is for informational purposes only and should not be considered financial advice. There is substantial risk trading options if not done properly.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Creating consistent income trading options come down to having a repeatable process that you can execute. Brian Terry shared his process that he uses week over week to create additional retirement income trading covered calls in a conservative manner.

Here is the video presentation of today's episode:

https://youtu.be/LMEYgvK2IVs

Brian's Conservative Covered Calls Facebook Group:

https://www.facebook.com/groups/conservativecoveredcalls

Get Brian's Weekly Watchlist Here:

https://www.stockmarketoptionstrading.net/

Check Out Brian's Live Trades Here:

https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: Everything in this episode and on this podcast is for informational purposes only and should not be considered financial advice. There is substantial risk trading options if not done properly.

The book is a great read for anyone interested incorporating options into their income or investment strategies.

Click Here to get the book on Amazon.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want to trade with us?

Check out our new group Alpha Traders Club on the website.

https://www.stockmarketoptionstrading.net/spaces/12282222

The TTR = Tomorrow's Triumph Rate which shows the historical percentage of times SPX has closed higher the next day over the past two months.

This strategy is geared towards trading SPX options that expire the following day. By trading 1DTE options, 3DTE on Friday, you can avoid any PDT issues but also increase the number of high probability trades using the TTR to gain an edge in the market.

More research on this strategy is coming and will be posted and updated in the Alpha Traders Club at https://www.stockmarketoptionstrading.net

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want to trade with us?

Check out our new group Alpha Traders Club on the website.

https://www.stockmarketoptionstrading.net/spaces/12282222

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Everything on this podcast and on the website is for informational and educational purposes only. We are not financial advisors of any kind.

In hindsight, both trades would've worked but one carried more risk than the other.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

I'm taking cues from the US Dollar in looking for a short term bottom in the stock market. The strong USD is a result of rising interest rates and can put pressure on stocks. As the market is still in correction as of this episode, I'll be looking for UUP to break its uptrend using a simple moving average cross as a clue that a short term bottom may be in place.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Got to https://www.stockmarketoptionstrading.net/ and join the free podcasts community to discuss the trade ideas discussed in this episode.

Disclaimer: This episode is for informational purposes only. Eric and Brian are not financial advisors and this is not financial advice.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Ticker: TSLR is a 1.75x Long TSLA ETF

Ticker: NVDL is a 1.5x Long NVDA ETF

Be sure to check their website to understand more about these and some of their other offerings including AAPL, META, and COIN.

https://graniteshares.com/

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

This not good when it comes to technical analysis but there are couple instances where this may be acceptable.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Here's the link to access the free video course for learning more about this SPX 0DTE Framework.

https://www.stockmarketoptionstrading.net/posts/alpha-crunching-community-spx-0dte-framework

Use code SPX50 at https://AlphaCrunching.com for 50% off your first month if you are interested in trading this method.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Here's the link to the book on Amazon: https://a.co/d/6Gz95xT

It's a great read and focuses on actual strategies as well as many real world examples and definitely recommend you get a copy.

If you'd like to connect with David after the episode, head over to https://nuclearoption.trading and check out his Substack.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

The strategy discussed in this episode has had a 100% win rate the past 4 months but I'm still considering preliminary research as I have not traded this myself yet.

To learn more, join our free Alpha Crunching group for discussion around this topic.

Use code SPX50 at https://AlphaCrunching.com for 50% off your first month.

Use code SMOT at https://optionomega.com for 50% off your subscription.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Here's a link to the companion video discussed in this episode: https://youtu.be/WcwoDbo2fUY

Use code SPX50 at https://AlphaCrunching.com for 50% off your first month.

Use code SMOT at https://optionomega.com for 50% off your subscription.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In this episode, we'll talk through how this works and backtest against it to see how's its performed the past 90 days and even the first 6 months of 2023.

To learn about Alpha Crunching's intraday seasonality indicator, go here:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Check this link to last week's trade recap:

https://www.stockmarketoptionstrading.net/posts/38504231

Use code SPX50 at https://alphacrunching.com/ for 50% off your first month.

For backtesting, checkout OptionOmega.com and use code SMOT for 50% off your subscription

Brian going to start sharing some of his trades over on the podcast website for free. Head on over to https://www.stockmarketoptionstrading.net/ and be sure to Follow Brisn so you get notified when he posts trade ideas.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In this episode, we'll explore 8 tips for dealing with missed profits according to ChatGPT.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

GraniteShares is an entrepreneurial ETF provider focused on providing innovative, cutting-edge alternative investment solutions. It was founded in 2016 by William “Will” Rhind, a well-known figure in the ETF industry, with backing from Bain Capital Ventures and other leading ETF investors. GraniteShares listed its first ETF in the United States in 2017 and its U.S. ETF offerings include a broad-based commodity index fund, physically backed gold and platinum funds, a high-income pass through securities index fund and a large cap U.S. equity index fund that seeks to identify and remove stocks that are “losers” rather than trying to identify “winners”.

In 2019, GraniteShares officially launched its European business in London, introducing a new category of Exchange Traded Products: collateralized, short and leveraged single-stock exposure to a range of blue chip companies listed in the UK. These products are listed on the London Stock Exchange. More information is available on our UK website.

GraniteShares AUM stood at $1.9 Billion as of 13th April 2022.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Here's a referral link to get started: http://kalshi.com/?utm_source=stockmarketoptionstrading-05-09-23&utm_medium=podcast&utm_campaign=growth-paid&utm_term=option

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

The strategy discussed here was backtested at OptionOmega.com and is for educational purposes only and not a recommended strategy.

Use code "SMOT" at OptionOmega.com for 50% of your subscription if you are interested in backtesting.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

The strategy discussed here was backtested at OptionOmega.com and is for educational purposes only and not a recommended strategy.

Use code "SMOT" at OptionOmega.com for 50% of your subscription if you are interested in backtesting.

Check out this free SPX 0DTE training course in the Alpha Crunching Community:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In case you didn't know, I'm the Founder of AlphaCrunching.com which provides proprietary intraday seasonality forecasts for the S&P500. I just launched this company late last year and have a growing community of SPX 0DTE weekly options traders.

Want to see the Alpha Crunching Forecast for free?

Here's the link to the Alpha Crunching Community which includes a free Training course:

https://www.stockmarketoptionstrading.net/spaces/10719554/content

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

A couple points I tried to cover in the show was why sell a call spread when the market is rallying?

And why take profits when there's still lots of time and value left in the spread?

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options with me?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In this episode, I got to speak with Simon Lee of HedginLab.com. HedgingLab is providing historical options data and volatility data services for researchers and investors.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

The trade idea discussed is not a recommendation and I may close or adjust this trade at anytime as market conditions change.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In this episode, I got to speak with Bryan Cairns, the creator of Magic 8 Ball. Magic 8 Ball is a short term stock market prediction tool comprised of several factors from price and the options chain.

Here's the link to a YouTube video Bryan created that shows you how Magic 8 Ball works:

https://youtu.be/mqJyRXE-8C0

Here's a link to the Magic 8 Ball Free Discords server:

https://discord.com/channels/1075401006042591355/1075401683598835834

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

I've been trading the pattern with success lately through 0DTE or same day expiration options and wanted to share how its going as well as backtest this farther back in time to see just how long this pattern has been working.

For video tutorials of this type of trading, check out the Alpha Crunching group over at https://StockMarketOptionsTrading.net

Use code "SPX50" for 50% off your first month at AlphaCrunching.com if you want to find more patterns like this one as well as track when they may be changing.

Use code "SMOT" at OptionOmega.com for 50% if you want to get into backtesting short dated options on SPX, SPY, and others.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Be sure to check out Episode 2 "Best Options Strategy For Beginners Explained" that dives even deeper for understanding credit spreads options trading.

Want to connect with myself and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Use the code "SMOT" at OptionOmega.com for 50% off their advanced backtesting software.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Either way, we're continuing to watch how the options market is positioned which as of today looks to be a range of 3900-4200 on SPX.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

The tools I use mentioned in this episode are:

1. SpotGamma.com for key option insights.
2. Tradytics.com for options analysis.
3. AlphaCrunching.com for intraday seasonality of the S&P500.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now where there are daily posts about the clues to the where the market may be headed next.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

In this episode, I spoke with Jonathan Wage from TradersPost.io. TradersPost can automate stocks, options and futures trading strategies from TradingView or TrendSpider in popular brokers like TDAmeritrade, TradeStation and others. If you ever thought about automating a trading strategy, this episode it for you.

Want to connect further with Jonathan or myself?

TradersPost Website: https://traderspost.io/

Jonathan Wage Twitter: https://twitter.com/jwage

Eric O'Rourke Twitter: https://twitter.com/OptionAssassin

Free Podcast Trading Group: https://www.stockmarketoptionstrading.net/

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

This podcast is for informational and educational purposes only.

Additional Resources:

Call and Put Wall levels provided by SpotGamma.com

Check out Episode 49 of this podcast to learn more.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Weekly Forecast provided by AlphaCrunching.com (use code SPX50 for 50% off your first month)

Call and Put Wall levels provided by SpotGamma.com

Check out Episode 49 of this podcast to learn more.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Most of us think of the VIX as the "fear gauge" but it could also become the "fear of missing out" gauge 2023. This is an extremely valuable educational lesson so be sure to listen to it in its entirety.

Here's the link to the article:

https://spotgamma.com/get-comfortable-with-vix-up-market-up/

SpotGamma Twitter: https://twitter.com/spotgamma

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

This is not a recommendation and if the market conditions were to change, I would simply scratch this idea.

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

Want to connect with your host and other listeners of this podcast?

Go to https://StockMarketOptionsTrading.net and join the community for free right now.

Want the support the podcast and interested in trading SPX weekly options?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

YouTube: https://www.youtube.com/stockmarketoptionstrading

Twitter: https://twitter.com/OptionAssassin

https://AlphaCrunching.com is the forecast tool mentioned in this episode.

Here's the link to the chart with trade details discussed in this episode.

https://www.stockmarketoptionstrading.net/posts/29890882

Want the latest in trading research and support the podcast at the same time?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

Survivorship bias or survival bias is the logical error of concentrating on entities that passed a selection process while overlooking those that did not. This can lead to incorrect conclusions because of incomplete data.

In this episode, we'll discuss how this can apply in the financial world as well as the rest of the world.

Note: This is not financial advice and I am not a financial advisor.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

In this episode we talk through the results of a backtested winning strategy and go into details about various aspects of the results and ask the question, "Could you trade this strategy?"

Here's the link to the strategy results discussed in this episode:

https://www.stockmarketoptionstrading.net/posts/28983911

Come join conversation.

Note: This is not financial advice and I am not a financial advisor.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

"Are you a real options trader?" is our topic today and is meant to hep you understand what you are actually trading so that you can know what to do when a trade goes against you. Are you trading the greeks, trying to create income, or using options for trading price action of a stock?

In this episode, we'll discuss a question that was asked over on podcast website at https://www.stockmarketoptionstrading.net/

Come join conversation.

Note: This is not financial advice and I am not a financial advisor.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

Trading a new strategy can be difficult so in this episode, I'll give 3 tips to help you balance between the research and the execution your strategy so you can trade with confidence.

Note: This is not financial advice and I am not a financial advisor.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

In this episode, I share how I am building a long term position in Amazon (AMZN) via buying shares and covered calls.

Note: This is not financial advice and I am not a financial advisor.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Summary:

The Fed continues to raise interest rates at the fastest pace in recent history which continues to pressure the stock market to new lows. Once demand has been reduced and inflation starts to level off, the Fed will have to pivot and become more neutral to dovish to avoid a major recession. This is when the stock market will find a major bottom and this episode discusses what to look for when this starts to happen.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Let's discuss this analogy and the challenges it brings to trading stocks and options.

Want the latest in trading research and support the podcast at the same time?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Deep Work by Cal Newport was mentioned in this episode. You can find it on Amazon and Audible for this who want to learn more.

Want the latest in trading research and support the podcast at the same time?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

I'm sharing my top 3 paid trading tools in this episode to shed some light on how I use paid trading tools in the context of my SPX trading business.

I discuss these tools in order of my trading process, not necessarily in the order of best tool. If you are looking at a new trading tool, you need to see where the tool will fit in your trading process or you'll probably not use it and will waste your money.

Here are the tools discussed in this episode and how I use them in my trading:

Spot Gamma for options insight on the stock market as well as individual stocks:

https://spotgamma.com/

SPX Weekly Options Blueprint for finding high probability intraday turning points on SPX:

https://www.patreon.com/VerticalSpreadOptionsTrading

Here's a video of how the SPX Weekly Options Blueprint can be used:

https://youtu.be/iKUbjh-_Fdk

Tradytics for real time market analysis using options flow:

https://tradytics.com/?ref_link=UOSWExvggCbFrFx4VuZIBPCi2HiI6wgmA4RHW29285xAMyae

Note: This Tradytics link is a referral link in which I get a small credit for those who use it.

Here's a link to a study they did on the subject: https://spotgamma.com/option-wall-stats/

Spotgamma.com provides powerful insights from the options market through their proprietary stats and indicators. Be sure to check them out.

Want the latest in trading research and support the podcast at the same time?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Stop asking these types of questions and focus on your analysis and risk management. The stock market is simply a way for you to express your opinion in a financial way.

Want the latest in trading research and support the podcast at the same time?

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

What's the one thing you need to help you make more money trading stocks and options? The more details the better.

Here's the link to this post so you can see the responses:

https://www.stockmarketoptionstrading.net/posts/whats-the-one-thing-you-need-to-help-you-make-more-money-trading-stocks-and-options-the-more-details-the-better

One of the most common answers to this question is centered around consistency in trading. So in this episode, I talk through a few different ways to think about consistency as it can mean different things to different people.

Also, https://www.stockmarketoptionstrading.net/ is free website that operates like Facebook without all the ads, spam, trolls. It's free to join which allows you to post charts, ask questions, and see what others are trading.

There's even a free trading course centered around an SPY option strategy.

Hope to see you on the website.

Thanks for listening.

Here's the direct link to the Winning Wednesday post discussed in this episode:

https://www.stockmarketoptionstrading.net/posts/24706207

Here's the link to the SPX Weekly Options Blueprint video mentioned in this episode:

https://youtu.be/iKUbjh-_Fdk

A free resource for you:

https://www.stockmarketoptionstrading.net/ is free website that operates like Facebook without all the ads, spam, trolls. It's free to join which allows you to post charts, ask questions, and see what others are trading.

There's even a free trading course centered around an SPY option strategy.

Hope to see you on the website.

Thanks for listening.

Here's a quick video showing the trades and charts:

https://youtu.be/k6obAo16W6U

Be sure to check Episode 42 with Brent Kachuba from SpotGamma.com to learn more about the hedging impact of options flow.

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Angie Gaskill is an independent trader, wife, and mom. She's been trading 15 years and share her approach to options trading and how she uses darkpool data in her trading.

Angie Gaskill Twitter:

https://twitter.com/MomAngtrades

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

Come join me at https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Erik Smolinski joined me for this weeks episode where we discussed his evolution of trading and some of the adjustments he made for trading options in 2022.

You can find Erik over on his YouTube channel where posts informative and educational content for beginners and advanced traders. You can also connect with him Twitter as well.

esInvests YouTube Channel:

https://www.youtube.com/c/esInvests

Erik Smolinksi Twitter:

https://twitter.com/esInvests

Additional Resources:

Stock Market Options Trading Free Community:

https://www.stockmarketoptionstrading.net/

Stock Market Options Trading YouTube Channel:

https://www.youtube.com/c/stockmarketoptionstrading

J. Eric O'Rourke Twitter:

https://twitter.com/OptionAssassin

After listening, head over to https://spotgamma.com/about/ to learn more about Brent and the proprietary technology and methodology we discuss in this episode.

Want to support the podcast and get access to my latest research?

Head over to https://www.patreon.com/VerticalSpreadOptionsTrading to get started.

Join the podcast community over at https://www.stockmarketoptionstrading.net to ask questions and connect with other retail traders.

In this episode, I talk with Troy and Rusty from Option Omega on the creativity of options trading and how advanced backtesting can help retail traders improve their strategies. We discuss some of the challenges of backtesting and how this software addresses that in an easy to use interface.

Join the podcast community over at https://www.stockmarketoptionstrading.net to ask questions and connect with other retail traders.

Free SPY Call Buying Strategy Course:

https://www.stockmarketoptionstrading.net/all-courses

Free SPY Call Buying Strategy Course:

https://www.stockmarketoptionstrading.net/all-courses

Great YouTube Video on the Kelly Criterion:

https://youtu.be/THYLv5_0Vm8

Books Mentioned:

Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone

The Man Who Solved the Market: How Jim Simons Launched The Quant Revolution by Gregory Zuckerman

Credit Spread Strategy Mentioned:

https://www.patreon.com/posts/62651192

I learned the concept of R-Multiples from a book called "Trading Your Way To Financial Freedom" by Van Tharp. Upon preparing for this episode, I found out that Van Tharp recently passed away and am dedicating this episode to him as he has helped so many traders in his lifetime.

Thanks for listening.

https://www.stockmarketoptionstrading.net

Here's a link to David's TastyTrade Rising Star segment:

https://youtu.be/EG3kKNZxkBQ

Be sure to check out David's podcast called The Trade Busters when you get a chance. He's also posted so of his research and strategies on his trading page at TheTradeBusters.com

Thanks for listening.

https://www.stockmarketoptionstrading.net

Want to discuss this episode with us? Come join us at https://www.stockmarketoptionstrading.net/ where you ask questions and comment about this episode or anything else related to stocks and options.

Want to trade with me or get advanced training? Come join me over on https://www.patreon.com/VerticalSpreadOptionsTrading for intermediate and advanced options strategies.

Be sure to Follow the podcast on your favorite podcast player and leave a review to help the show spread the word about trading stocks and options.

Want to discuss this episode with us? Come join us at https://www.stockmarketoptionstrading.net/ where you ask questions and comment about this episode or anything else related to stocks and options.

Want to trade with me or get advanced training? Come join me over on https://www.patreon.com/VerticalSpreadOptionsTrading for intermediate and advanced options strategies.

Be sure to Follow the podcast on your favorite podcast player and leave a review to help the show spread the word about trading stocks and options.

The goal of this episode is to give you a full strategy to walk away with but also an invite to join us for more options trading research.

The SPX 0DTE strategy in this episode is from a module out of the SPX 0DTE Masterclass and Community hosted on the website at https://www.stockmarketoptionstrading.net/all-courses .

Its combination of a complete course and live chat room for students to share trades each week.

The course is complete with videos, spreadsheets with dozens of variations, and includes lifetime access and updates. There is a one time cost for the course and chat room. There is no subscription.

If you are interested in probabilities, expectancy, and statistics, consider joining us as we crunch all the numbers for you.

Thanks for listening.

This is for informational purposes and should not be considered financial advice.

Join our trading community over at https://www.stockmarketoptionstrading.net to improve your stock and options trading skills.

Check out the SMOT YouTube channel for quantitative options strategies and education here: https://www.youtube.com/stockmarketoptionstrading

For premium trading services and daily market updates, head over to Patreon here: https://www.patreon.com/VerticalSpreadOptionsTrading

In this episode, I talk to a trading buddy who lives in El Salvador to discuss what it looks like to have Bitcoin as legal tender as well as his perception of it all.

After listening, head over to the website at https://www.stockmarketoptionstrading.net/ and join the discussion around stocks, options, and crypto in a positive constructive environment with absolutely no spam or trolls.

Thank you.

It was a great conversation and I regret having to cut it so short.

Head over to https://www.patreon.com/VerticalSpreadOptionsTrading for more details around some of the strategies we were discussing in this episode.

Thanks for listening.

It was a great conversation and I regret having to cut it so short.

Head over to https://www.patreon.com/VerticalSpreadOptionsTrading for more details around some of the strategies we were discussing in this episode.

Thanks for listening.

The tips and tricks in this episode were from a live zoom workshop I hosted for trading SPX put credit spreads with 7 days to expiration.

For the full video training, check out the video over on YouTube:

https://youtu.be/pmKPR_YiiQQ

There's even a way to download the presentation for you take take with you.

Want to join the next live monthly Zoom with us?

Go here: https://www.stockmarketoptionstrading.net/

Interested in the SPX 0DTE Course and Community?

Go here: https://www.stockmarketoptionstrading.net/all-courses

Thanks for listening.

Along with the consistent income strategy, there is a companion hedging strategy that was discussed in Episode 25. Together, these strategies averaged a 40%+ return during the 5 year lookback period.

Consider become a patron over on Patreon to get access to the details of this strategy as well as several other mechanical and systematic income strategies at https://www.patreon.com/VerticalSpreadOptionsTrading

There's even an option to join the Trade Alerts tier where we put our top strategies to work each and every week.

As a bonus, listeners can view the studies discussed in this episode over on the community website in the Podcast section.

Here's the direct link:

https://www.stockmarketoptionstrading.net/topics/4369023

Also, for those interested in generating income up to 3 times per week trading SPX 0DTE spreads, check out the SPX Masterclass and Community. Now with a live chat feed to see what trades members are taking in real time.

Here's the link to the Course:

https://www.stockmarketoptionstrading.net/all-courses

Thanks for listening and supporting independent research on this show.

Come join us over on the podcast trading community at https://www.stockmarketoptionstrading.net where you can ask questions and discuss this with other traders.

In this week's episode, I got to speak with Jack Rosenthal on teen investing. Jack started investing at a very young age and started a Teen Investing club over at http://younginvestorsclub.org/

He's written a couple books on Teen Investing and Entrepreneurship that are available on Amazon. Here's a link to learn more about his books on Amazon. 

https://bit.ly/JackRosenthal1

Thanks for listening. 

J. Eric O'Rourke 

Come join us over on the podcast trading community at https://www.stockmarketoptionstrading.net where you can ask questions and discuss this with other traders. 

In this week's episode, I spoke with Sam Silverman from https://relocatepuertorico.com/ where he explained the tax incentives for living in Puerto Rico for both business owners and investors and traders like. 

As a trader or investor, paying 0% on capital gains can be a game changer as we know but and also work for anyone who works remotely who is running their own online business. 

Hope it helps. 

J. Eric O'Rourke

https://www.stockmarketoptionstrading.net/

Come join us over on the podcast trading community at https://www.stockmarketoptionstrading.net where you can ask questions and discuss this with other traders. 

In this week's podcast, I talk about how to hedge your stock or option portfolio with unit put options. Also known as units or unit puts. Unit put options are options that have very little value as the options market is unable to price them properly which allows them to explode in value during a market correction. 

I'll share how i am implementing this hedging strategy in my portfolio using SPX put debit spreads and will share how these performed during the COVID stock market crash of 2020. 

Thanks for listening and looking forward to seeing you at https://www.stockmarketoptionstrading.net

J. Eric O'Rourke 

PS: Check out the YouTube channel too for more trading resources. 

https://optionsincome.club/YouTube

In this week's podcast, I expand some options trading research I've been posting on the YouTube channel around selling naked puts on IWM and SPY ETFs. We're going to focus on IWM for this episode but encourage you to check the different variations of this strategy on YouTube.

Here are the links to the YouTube videos:

Selling Puts on IWM: https://youtu.be/Zk2VKmseGaU

Selling Puts on SPY: https://youtu.be/5y-ItZACZco

For the visual aids for this episode's research study, head over to https://www.stockmarketoptionstrading.net and look for Episode 24 in the podcast section where you'll see the results and be able to ask questions and give feedback related to this and future research studies. 

Thanks for listening and looking forward to seeing you at https://www.stockmarketoptionstrading.net

J. Eric O'Rourke 

PS: Check out the YouTube channel too for more trading resources. 

https://optionsincome.club/YouTube

Come join us over on the podcast trading community at https://www.stockmarketoptionstrading.net where you can continue this conversation with Lee and myself about this episode and any other trading topics. 

Lee Spaziano is a data scientist and long time options trader and in this episode we discuss how we are working together to combine these two fields to take advantage of SPX's multiple expirations per week to increase our frequency of high probability trades. We discuss how we acquired tons of SPX intra-day options pricing and Lee discusses how he was able to organize this data so that we can run queries and backtests on by opening and closing short terms trades throughout the day. 

Thanks for listening and looking forward to seeing you at https://www.stockmarketoptionstrading.net

J. Eric O'Rourke 

PS: Check out the YouTube channel too for more trading resources. 

https://optionsincome.club/YouTube

This new free community was built for podcast listeners to connect with myself and guests on the show. 

It operates like a Facebook group but without the distraction, spam, and negativity that comes along with Facebook. 

More importantly is the common purpose which is as follows:

We bring together stock and options traders to create consistent profits in the stock market so that we can achieve financial freedom and create life long income.

If this common purpose resonates with you and you want to connect with myself and other real traders, come join us at www.StockMarketOptionsTrading.net tonight. 

There's even a free app for easy access to a growing community of independent traders who want to focus on finding strategies that work for them to create financial freedom and life long income through trading stocks and options. 

I am personally hanging out over there pretty much everyday and look forward to meeting you. 

Talk to you soon. 

J. Eric O'Rourke

www.StockMarketOptionsTrading.net

If you found this episode helpful in anyway, could you let me know by leaving a review on Apple Podcasts? Or whichever podcast player platform you use?

Thank you for your support and thanks for listening. 

J. Eric O'Rourke

www.OptionsTrading.Help/Services

In this episode, he's going to talk us through the base concepts of the TastyTrade style of options trading which leads us into a discussion around being delta neutral and what that means for your portfolio. 

You won't want to miss the next episode  where we dive into specific strategies David trades with SPY put selling as well as where we hang out on the options chain.

Here's a link to David's TastyTrade Rising Star segment:

https://youtu.be/EG3kKNZxkBQ

You can also connect with him at TheTradeBusters.com where he's posted some written essays around options trading as well as some strategies and backtests. 

Thanks for listening. 

J. Eric O'Rourke

His name is Ben Latz from WingmanTracker.com.

Twitter: @benlatz - https://twitter.com/benlatz

Email: ben@wingmantracker.com

Website: https://wingmantracker.com and https://benlatz.com

Code Use code "eric" on sign up to get $50 off!

Thank for listening. 

J. Eric O'Rourke

www.OptionsTrading.Help/Services

Head over to https://optionstrading.help/core for an overview of the Core Portfolio. 

While you're there, you can learn how to get trade alert notifications for the Core Portfolio to trade with me and a couple hundred other retail traders. 

Thanks for listening. 

J. Eric O'Rourke

https://optionstrading.help/services

Rance Mascheck and Chris Mercer from MarketGear.com discuss the evolution of trading technologies and how their software can improve your trading results. There are so many nuggets in this episode and I'm sure you're going to enjoy this one as much as I did. 

Be sure to check out www.MarketGear.com/Eric for details after listening. 

Thank you. 

J. Eric O'Rourke

www.OptionsTrading.Help/Services

Here are some links to learn more about Fauzia and how you can connect with her online:

Listen to her interview with Vonetta Logan

Watch her Rising Star interview

Like her on Facebook

Join her Facebook group

See her trades from the Follow tab.

Follow her on Twitter @traderfauzia

Thanks for listening.

J. Eric O'Rourke

www.OptionsTrading.Help/Services

You're in luck as this episode shows how trading TLT bull call spreads the past 5 years made over 600% and is perfect for small trading accounts. 

The bull call spread strategy discussed here is also known as an in out debit spread. An in out debit spread is a vertical spread where the option you buy is in the money and the option you sell is out of the money. In out debit spreads are great for beginners with small trading accounts who want to get directional but not have to pay as much to get in a trade.

This episode includes a 5 year backtest of TLT buying in out debit spreads with about 30 days to expiration only if the 21 day exponential moving average is above the 50 day simple moving average. The exit parameters have a target of a 25% gain or a time stop loss of closing the trade about 3 weeks later, whichever comes first.

The backtest software shown in this video for in out debit spreads is CML Trade Machine Pro.

Here's the link:

www.OptionsTrading.Help/CML

Thanks for listening.

J. Eric O'Rourke

www.OptionsTrading.Help/Services

Brian shared his conservative covered call strategy where he is selling in the money calls on stocks using weekly options with the intent of getting called away every week.

I've known Brian for a couple years now and I know he leans on the conservative side of trading and he thinks this strategy is great for conservative traders in retirement. 

It's an interesting twist on strategy used to create additional income. 

Brian runs a Facebook group dedicated to this strategy.

Here's the link: https://www.facebook.com/groups/742852742909259

You can also find him on Meetup.com where he runs a monthly Zoom meeting where he and others share various options strategies that are working. 

Here's the link: https://www.meetup.com/Centra-Florida-Options-Group/

Thanks for listening.

J. Eric O'Rourke

OptionsTrading.help/Services

To receive the free Index Options Mini Course, go to https://OptionsTrading.help/IndexOptions and I'll send you the 7 part video series to get your trading profitably on your own in as little as 1 week. 

The 7 part video series includes a weekly options strategy for SPX showing you exactly how to put this trade on every week. It also includes a 5 year performance look back so that you fully understand what to expect when trading this profitable strategy. 

As mentioned in this episode, the 3 main reasons to consider trading index options over stocks or ETF options are because they are cash settled, there is no assignment risk and therefore no early assignment risk, and preferential tax treatment so that you can keep more of your profits when the tax man comes. 

Thanks for listening and I'll talk to you soon. 

J. Eric O'Rourke

https://OptionsTrading.Help/Services

Thanks for listenting to this week's Stock Market Otpions Trading podcast comparing the results of buying different Delta call options on AAPL the past 5 years.

To recap the optons trading strategy that was used, we backtested buying a call option with about 30 days to expiration when AAPL crossed back above its 21ema and closed the trade afetr 14 calendar days.

By taking the same trade entry and trade exit, it allowed us to compare the results of choosing different strike call options from deep in the money, at the money, and out of the money.

Here's the link to my Patreon article for podcast supporters to see snd compare the results including win rate, total returns, and P&L curve.

https://bit.ly/3g0bpL5

Becoming a Podcast Supporter is only $5 per month and gets you access to trading research with the ability to discuss trading one on one with myself or in the comments with hundreds of other traders. 

There are also options for trade alerts if you are interested.

Thanks for listenting and I'll talk to you soon. 

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

Here's the link the Patreon article for podcast supporters to see more details around the 4 different credit spreads discussed in the episode. (You may need to copy then paste into your browser)

https://bit.ly/2WX6W5s

Becoming a Podcast Supporter is only $5 per month and gets you access to trading research with the ability to discuss trading one on one with myself or in the comments with hundreds of other traders.

There are also options for trade alerts if you are interested.

Thanks for listening and I'll talk to you soon.

J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

The COVID-19 pandemic is accelerating the remote work theme as more and more people are choosing to stay home if they can. As we discussed, working from home also gives benfit to the company in the form of less overhead costs such as rent and increased talent pool for finding better workers who may not live in the same geographical area as the office.

Here's the link to the Direxion website for more information regarding the WFH ETF which holds 40 stocks in 4 sectors:

https://www.direxion.com/product/direxion-work-from-home-etf

If you're interested in supporting the Podcast or YouTube channel, please visit:

https://www.patreon.com/VerticalSpreadOptionsTrading for trading education and services.

Thank you. J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

This free website is a great idea in terms of data sharing but definitely has some drawbacks that I discuss in this episode.

Thanks for listening.

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

#robinhood 

This episode is an expansion of Episode 7 so here's the link if you'd like to go back and listen to that episode.

https://www.stockmarketoptionstrading.com/episode/episode-7

Here's are the links to the performance results of both studies over on my Patreon website which is available to Podcast supporters. 

Weekly Options Research Results Part 1:

https://bit.ly/2ZJWcJG

Weekly Options Research Results Part 2:

https://bit.ly/2Ye7Gmi

Thanks for listening.

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

So I backtested selling 7DTE spreads on each of those days going back 3 years from late May 2020 to find out. You may be surprised which day of the week outperformed the other two.

I used eDeltaPro to do the backtesting. Here's the link for those who are interested in backtesting on their own: http://bit.ly/2QmEHKI

Consider becoming a $5 Podcast Supporter to view the performance results of the study discussed in this podcast.

Sometimes it's easier to understand if you can see the results so I'm providing these resources to supporters of the show.

Here's the link: https://bit.ly/2ZJWcJG

Podcast supporters enjoy access to other studies, research, and training videos over on Patreon.

Thanks for listening. J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

Website: https://www.simpleoptionstrategies.com/

Facebook Group: https://www.facebook.com/groups/simpleoptionstrategies

YouTube Channel: https://www.youtube.com/channel/UCZVqsvTI4oZcXLjt_0JQ5Fg

Thanks for listening and stayed tuned for Part 2 of trading SPX options with Al Losada.

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

In this first episode, Al and I discuss how we both ended up trading SPX options. One commonality we shared was a book we both read that helped get us into SPX credit spreads called Profiting with Iron Condor Options by Michael Hanania Benklifa.

This book had a big influence on our trading and its a great read for those interested in trading index option spreads. 

Al Losada is the founder of Simple Option Strategies. Here are a few ways to find more about him online.

Website: https://www.simpleoptionstrategies.com/

Facebook Group: https://www.facebook.com/groups/simpleoptionstrategies

YouTube Channel: https://www.youtube.com/channel/UCZVqsvTI4oZcXLjt_0JQ5Fg

In the coming Part 2 episode, we'll be discussing an SPX credit spread strategy with weekly options that expire the same day. This is referred to as Zero DTE spreads. 

Thanks for listening and stayed tuned for Part 2 of trading SPX options with Al Losada.

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

In this episode, we're going to look at both by comparing two leveraged ways of getting long the S&P500. We're going to use the buy and sell signals of the Pure Alpha Strategy as applied to the SPY.  

We'll discuss the results of trading shares of SSO based on the buy and sell signals of the strategy. SSO is 2X Bull ETF of the S&P500. We'll then discuss the results using the same buy and sell signals of SPY but then buy an "at the money" call debit spread, also known as a bull call spread.   

As mentioned in the podcast, see the links below to get the video training of the Pure Alpha Strategy.  

Pure Alpha Strategy (Part 1): bit.ly/2Jjzu1G  

Pure Alpha Strategy (Part 2): bit.ly/33Z2ANq  

Pure Alpha Strategy (Part 3): Crisis Alpha study on UVXY bit.ly/2UZjXJX  

Thanks for listening and supporting independent stock market research.   

J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading

In this episode, we'll discuss a quantitative trend following strategy called the Pure Alpha Strategy applied to UVXY which is a leveraged volatility product. Check out this article for more information on UVXY.

https://sixfigureinvesting.com/2015/03/how-does-uvxy-work/

The 5 year performance of getting long volatility using the Pure Alpha Strategy on UVXY inherently gets you protection before any major market corrections. 

Consider becoming a $5 Podcast Supporter over on our website if you're interested in the video training for the Pure Alpha Strategy discussed in this episode. The video training is in Parts 1 and 2 below. Part 3 shows the performance for UVXY discussed in this video and there's more to come as we look to apply the Pure Alpha Strategy to various asset classes.

To become a Podcast Supporter and get access to the video training, simply click one of the links below to get started.

Pure Alpha Strategy (Part 1):

bit.ly/2Jjzu1G

Pure Alpha Strategy (Part 2):

bit.ly/33Z2ANq

Pure Alpha Strategy (Part 3): Crisis Alpha study on UVXY

bit.ly/2UZjXJX

Thanks for listening and supporting independent stock market research. 

J. Eric O'Rourke

https://www.patreon.com/VerticalSpreadOptionsTrading

https://www.stockmarketoptionstrading.net/spaces/4688450

If you're new options trading, I think you're really going enjoy this episode on what I think is the best options strategy for beginning options traders.

It's one thing to understand the mechanics of options, but in this episode we're going to look at trading this strategy as running an insurance company so you know exactly how to think about this trade.

Thanks in advance for subscribing and sharing this podcast. 

Also, Alpha Traders Club is where I host my SPX Live Chat each day for trading SPX weekly options. We focus on the premarket data and levels, technical analysis, and options flow for trading high probability trades for weekly income.

Alpha Traders Club also posts Conservative Covered Call trades each week for generating weekly and monthly income trading options on high quality stocks and ETFs.

Here's the link: https://www.stockmarketoptionstrading.net/spaces/12282222

Disclaimer: This podcast is for informational and educational purposes only and should not be considered financial advice.

Eric O'Rourke

In this episode, we'll discuss a research study of buying SPY call options after a volatility spike. We'll be using VXX as a volatility measure and exactly what we're looking for in VXX to get long.

Thanks for listening, subscribing, and sharing.

For more trading research and services, please visit the website at https://www.patreon.com/VerticalSpreadOptionsTrading