In this episode, we explore a SPY call-buying strategy with a 53% win rate and a 2:1 risk-reward ratio. This strategy, built on data and technical analysis, is designed for consistent execution and measurable results.

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

Position Sizing: The overlooked key to options trading success.

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

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