Stock Market Options Trading

🎁 50% OFF: Option Omega (code SMOT) • Alpha Crunching (code SPX50) — grab both and build + automate your SPX playbook.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.

This Week in Options Trading with Eric & Brian 🎙️📈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 positionsAn Intel trade idea: building a position with stock, covered calls, and long-term outlookA deep dive into a broken wing butterfly setup on Carvana and why it flips the risk/reward compared to standard spreadsKey economic events on this week’s calendar (GDP, core PCE, jobs data) and how they may impact price actionTools for traders: Forex Factory, Unusual Whales options flow, and Alpha Crunching’s new ASD forecast researchWhether 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.

Welcome to the first segment on the show of This Week in Options Trading with Eric O’Rourke and Brian Terry! We’ll be going live every Monday at 12pm ET to share option strategies, market setups, and answer community questions in real time.👉 To RSVP for future live sessions: https://stockmarketoptionstrading.net/eventsIn 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.

In this week's episode, we cover the major economic reports and catalysts driving the markets and what caused the current break in the uptrend.🎥 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

🎧 Episode Description – SPX 0DTE Risk-Free Profit ForestIn 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 Walkthroughhttps://youtu.be/AUpTVV-a4sQ🌲SPX 0DTE Options Strategy: Risk Free Trade Walkthroughhttps://youtu.be/nSLOBTKgvmw🌳SPX 0DTE Risk Free Profit Forest Trade: Green Everywhere!https://youtu.be/mojAC_DXZ6M📈 Get your edge with AlphaCrunching.comAccess 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 communityChat with other SPX traders, explore trade alerts, and access educational content at:🔗 https://www.stockmarketoptionstrading.net

SPX Market Outlook, FOMC Setup & This Week’s Trade Ideas"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

The S&P 500 is closing in on all-time highs, but is momentum starting to fade? In this episode, Eric O’Rourke breaks down the key SPX levels to watch, including major option walls, falling volatility, and upcoming economic events like CPI and PPI that could shake things up.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.netNew 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.

In this episode, I’m joined by longtime trader and retiree Brian Terry to talk about the realities of trading in retirement. We cover how trading can keep your mind sharp, add structure to your day, and become a fulfilling part-time income stream. Brian also shares practical tips for managing risk, avoiding overtrading, and staying consistent—especially when you’re no longer working a 9–5.👉 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.

In this week’s episode of the Stock Market Options Trading Podcast, Eric recaps last week’s pullback in SPX, driven by fresh EU tariff headlines, and how the forecast data from Alpha Crunching has responded. He highlights the shift in market tone based on the Average Strength Deviation (ASD) metric, which has now gone negative — a potential warning sign for deeper weakness ahead.👉 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.

This week on the Stock Market Options Trading Podcast, I'm joined by fellow trader Brian Terry as we break down the market’s reaction to the Moody’s U.S. credit downgrade, recent economic data, and the relentless uptrend in the S&P 500. We dive into current market sentiment, the Fed’s role this week, and a few trade setups we’re watching closely—including a bullish broken wing butterfly on DASH and a 7-day SPX put credit spread from the AlphaCrunching.com trade ideas tab.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.

📈 Volatility, Indicators, and the SPX Weekly Forecast | Episode 151In 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 gainThe impact of recent news and options positioning on key SPX levelsPotential trade ideas using put credit spreads and how I’m managing themUpdated weekly Triumph Rates (WTR) and what they say about market conditions🎥 Watch this episode on YouTube to follow along with charts and levelshttps://youtu.be/rd5RFVy7WKsMentioned Tools:Alpha Crunching – Weekly forecast & trade ideashttps://www.alphacrunching.com (Use code SPX50 for 50% Discount)SpotGamma – Daily options positioning updateshttps://spotgamma.comWant to connect? Find me on X:Eric O'Rourke: https://twitter.com/OptionAssassinAfter 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.

📈 First Video Podcast, SPX Forecast After 9-Day Rally, Iron Condor Adjustments & Market ForecastsWatch the video here: https://youtu.be/Pk22BcCBfn0Welcome 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 incomeWhether 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 EpisodeAlpha Crunching Weekly Forecast Indicator:https://www.tella.tv/video/weekly-forecast-heikin-ashi-for-profitable-trend-trades-cxunhttps://www.alphacrunching.com (Use code SPX50 for 50% discount)Alpha Crunching Call Debit Spread: https://www.alphacrunching.com/blog/call-spread-option-strategySpotGamma.com for Call and Put WallsEconomic Calendar:https://www.forexfactory.com/calendarWant to connect? Find me on X:Eric O'Rourke: https://twitter.com/OptionAssassinAfter 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.

Welcome back to the Stock Market Options Trading Podcast! I'm your host, Eric O'Rourke, and in this episode I break down the latest market action, key technical levels, and how I’m trading SPX options during this volatile stretch.📉 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 TruflationHow truflation compares to CPI and what it may signal before official reportsHistorical 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!

In this episode, Eric recaps last week's wild ride in the S&P 500, driven by tariff headlines, a surprise 90-day pause, and a sharp oversold rally. He covers key economic data—including CPI, PPI, and sentiment numbers—and why they paint a mixed inflation picture. 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/OptionAssassinAfter 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, Eric discusses the sharp market selloff following the surprise "Liberation Day" announcement, ongoing tariff drama, and how global markets are reacting. He breaks down key SPX levels to watch (4900, 5000, 5100), headline-driven price action, and what the Fed’s emergency closed-door meeting might mean for traders. Eric also revisits a simple bear market hedge from a previous episode, explains why he's currently sitting in cash, and shares what he's watching for potential long-term buys. It’s a fast-moving week—stay nimble and patient.Want to connect? Find me on X:Eric O'Rourke: https://twitter.com/OptionAssassinAfter 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 Options Trading podcast, Eric welcomes back guest Brian Terry to discuss navigating the current choppy and volatile market. They cover the recent 10% correction in the S&P 500, key economic events for the week (including reciprocal tariffs and Powell’s upcoming comments), and how market levels like the 200-day moving average are influencing trading sentiment.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/OptionAssassinAfter 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, Eric recaps the latest market action as the S&P 500 breaks back above the 200-day moving average following a strong Monday rally. He covers key levels from SpotGamma.com, including updated put and call walls, and discusses this week’s major economic events like GDP, Core PCE, and Consumer Sentiment. 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 TrialWant to connect? Find me on X:Eric O'Rourke: https://twitter.com/OptionAssassinAfter 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.

📢 Read the full blog post with charts and performance data: https://www.alphacrunching.com/blog/bear-market-hedging-strategySummary: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 volatileThis 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-strategyWant to connect? Find me on X:Eric O'Rourke: https://twitter.com/OptionAssassinAfter 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 Stock Market Options Trading, host Eric O'Rourke recaps a wild week for the S&P 500, including a sharp sell-off, extreme volatility, and a bounce off key support near SPX 5800. 📉📈🔎 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/OptionAssassinAfter 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 Stock Market Option Trading, host Eric O'Rourke breaks down last week's failed SPX breakout and the sharp sell-off on Friday 📉. He recaps key economic events, including FOMC minutes 🏦, jobless claims 📊, and PMI data 📉, and discusses what to watch for this week, such as GDP 📈, jobless claims 💼, and core PCE 💵.🔥 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/OptionAssassinAfter 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.