124: S&P 500 Navigator: Short Term Bearish Thesis and Trade Idea
Description
If you trade the S&P500, then this series is for you. In the S&P500 Navigator series, we'll discuss current market conditions including options positions, major economic events, and AlphaCrunching.com's Triumph Rates for trading short term SPX weekly options.
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.