Weekly Options Research Study
I'm sharing a 3 year study in this episode around trading weekly options on SPY and SPX. There are 3 expirations per week. Monday, Wednesday, and Friday and I wanted to see if there was a difference in performance if you were to sell put credit spreads with 7 days to expiration on each of those days?
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
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Thanks for listening. J. Eric O'Rourke https://www.patreon.com/VerticalSpreadOptionsTrading