115: Edge Alert: Mechanical Next Day Put Credit Spread Strategy
In this episode, we reveal a SPX weekly options strategy selling put credit spreads that expire the following day. This strategy uses bullish TTR readings from Alpha Crunching to determine whether or not to take the trade that day.
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.