Stock Market Options Trading

Can Kalshi prediction market contracts offer better risk-reward than traditional SPX options strategies? In this episode of Stock Market Options Trading, I'm comparing Kalshi's same-day S&P 500 price range contracts against SPX 0DTE iron condors and reverse iron condors to see how these trades stack up. Kalshi allows traders to buy YES or NO event contracts based on whether the S&P 500 clo...

AI stocks took a beating last week, interest rates continue to pressure the market, and the S&P 500 remains stuck in a choppy, directionless trading environment. So how do we approach trading SPX when the market can't seem to find a trend? In Episode 204 of the Stock Market Options Trading podcast, I take a look at the recent tech selloff, current SPX gamma exposure levels, and the economic ev...

What if you could take a simple observation about the stock market and use AI to research dozens of SPX options strategies in just a few minutes? In this episode of the Stock Market Options Trading podcast, I'm experimenting with a new approach to researching and backtesting SPX 1DTE options strategies using Alpha Crunching, ChatGPT, and Option Omega's new MCP server . We start with Alpha Crunchin...

In Episode 201 of the Stock Market Options Trading Podcast, I'm taking you behind the scenes at Alpha Crunching to share some of the SPX 1DTE options research I've been working on, including a few interesting backtests and an upcoming expansion of our Tomorrow's Triumph Rate (TTR) data. TTR currently measures how often SPX closes higher the following trading day based on a rolling historical windo...

SPX 0DTE options trading continues to grow, and Cboe recently announced some interesting developments that could change how we trade SPX options in the future. In this week's Stock Market Options Trading podcast, we're looking at the potential addition of new AM-settled SPX weekly options, the continued expansion of global trading hours, and what all of this could mean for retail traders. Could we...

Why would an SPX options trader purposely choose a lower win-rate strategy ? In Episode 200 of the Stock Market Options Trading Podcast, I break down my recent SPX 0DTE trading results and explain why win rate alone can be misleading. Over the past couple of months, these strategies have produced a 59.4% win rate , but the bigger story is the risk/reward: an average winner of $188 versus an averag...

Can gamma exposure (GEX) help identify better entry points for scalping SPX 0DTE credit spreads? In this episode of the Stock Market Options Trading podcast, Eric O'Rourke from Alpha Crunching breaks down a real SPX call credit spread scalp using gamma exposure to identify potential support and resistance levels. Rather than focusing on the textbook definition of gamma exposure and dealer hedging,...

Resources mentioned in this video: The Money Show: https://orlando.moneyshow.com/?scode=068013 Historical Gamma Indicator: https://alphacrunching.sensamarket.com Alpha Crunching Trading Community, Research, Tools: https://www.alphacrunching.com In this episode of the Stock Market Options Trading Podcast, I break down another 0DTE XSP trade that I was able to convert into a risk-free position—but t...

In this week’s Stock Market Options Trading Podcast, I break down an XSP 0DTE trade I entered at the market open and how I was able to turn the position into a risk-free trade after the market moved in my favor. We’ll walk through the trade structure, why I started with an in-the-money call credit spread, and how adding the opposing spread converted the position into an Iron Condor with no remaini...

📊 Trade These SPX Setups With Us The strategies discussed in this episode are part of the Alpha Crunching Trade Setups , where we use backtesting and market data to build a portfolio of mechanical SPX strategies. Members get access to: Weekly rules-based SPX Trade Setups Live trade alerts in the Alpha Crunching Discord SPX trading tools and market statistics Strategy discussion and live trading c...

In this week's Stock Market Options Trading Podcast , we're looking at an interesting SPX pattern: Mondays have produced the strongest average S&P 500 returns so far in 2026. Here's the video version: https://youtu.be/mM8y3koyL5A That lines up with a rules-based strategy I've recently added back into the Alpha Crunching trade setups — a Friday 3DTE SPX put credit spread designed to take advant...

In Episode 194 of the Stock Market Options Trading Podcast, we take a data-driven look at the S&P 500, SPX options, gamma levels, opening range breakouts, and a mechanical 0DTE Iron Condor strategy. We start with lumber prices after an 11-day losing streak and discuss what falling lumber prices may—or may not—be signaling about housing and the broader economy. Then we turn to SPX and an import...

In this week's episode of the Stock Market Options Trading Podcast , Eric O'Rourke takes a data-driven look at the markets, reviews the latest SPX price action, discusses key economic events for the week, and shares insights from a high-probability options strategy currently being traded and tracked. Whether you're an experienced options trader or looking to improve your trading process, this epis...

This week on Stock Market Options Trading , Eric O'Rourke and Brian Terry break down the latest market action following geopolitical headlines, discuss why the recent SPX rally continues to stall, and share several option trading ideas they're watching this week. Topics covered include: Why the latest SPX gap higher failed and what it says about market sentiment Current gamma levels and key suppor...

In this episode of the Stock Market Options Trading Podcast , Eric O'Rourke and Brian Terry discuss the current SPX market environment, why June was a difficult month for many options traders, and what they're watching as earnings season begins. Topics include: SPX support and resistance using call wall and put wall analysis How gamma positioning may impact short-term market direction CPI, PPI, Fe...

In Part 3 of this series on building an automated SPX 0DTE portfolio, we explore the final strategy we've added to our growing mix of high-frequency, positive expectancy trades: the 30-minute Opening Range Breakout (ORB) Call Debit Spread. In previous episodes, we discussed the Trend Spread Engine (TSE) credit spreads and the End-of-Day Put Debit Spread (PDS). In this episode, we look at how the O...

In this episode, Eric continues the Automated Strategy Pipeline series by tackling one of the most misunderstood topics in trading: win rate. Many traders evaluate a strategy based on a single number: the percentage of winning trades. But a high win rate alone doesn't tell you whether a strategy is profitable, scalable, or even worth trading. Using real examples from his own SPX trading portfolio,...

🚀 Join Alpha Crunching and save 50% on your first year: https://www.alphacrunching.com Get weekly SPX forecasts, backtested trade ideas, trade alerts, Discord access, and research designed to help you trade with more confidence. In Episode 188, we're kicking off a new series on strategy research, development, testing, automation, and the mindset required to trade systematic strategies successfull...

This week on the Stock Market Options Trading Podcast, Eric O’Rourke breaks down the current SPX market pullback, key support levels, upcoming FOMC minutes, and why Nvidia earnings could be a major catalyst for the broader market and AI trade. Eric also shares how the recent uptrend has continued to favor SPX put credit spreads, how the Alpha Crunching 7-day strategy has been performing, and what...

👉 Alpha Crunching (SPX data, trade ideas & alerts): https://alphacrunching.com 👉 Conservative Options Income Network (Brian Terry): https://stockmarketoptionstrading.net In this episode, Eric sits down with returning guest Brian Terry from the Conservative Options Income Network to break down what’s shaping up to be another interesting week in the market. With the S&P pushing toward new...

Watch the full video version of this episode: https://youtu.be/2RgGjxUe35w?si=m1BU5TwEq973he2k Links & Discounts: Option Omega → https://optionomega.com ( Use code SMOT for a discount ) Alpha Crunching → https://alphacrunching.com ( Use code SPX50 for 50% off your first year ) In this episode, I sit down with Matt from Option Omega to break down how I’m using their platform to backtest and exe...

In this episode, Eric and Brian Terry break down a market that just won’t quit—despite geopolitical tension, rising oil, and a packed economic calendar. With the S&P 500 hovering near all-time highs, the conversation dives into positioning, risk management, and where the real opportunities might be right now. 🔗 Useful Links (Start Here) 🌐 Alpha Crunching: https://alphacrunching.com 🎧 Stock...

🔗 Links & Resources 👉 Alpha Crunching (SPX Options): https://alphacrunching.com 👉 Brian Terry’s COIN Group: https://www.stockmarketoptionstrading.net 👉 Podcast Episodes: https://www.stockmarketoptionstrading.com 👉Latest YouTube video: https://youtu.be/qe_F_GE5Pqo In this episode, Eric O’Rourke and Brian Terry break down a wild stretch in the S&P 500, with the market ripping higher des...

In this episode of the Stock Market Options Trading podcast, host Eric O'Rourke breaks down three key reasons why a potential short-term bottom may be forming in the market. Despite ongoing geopolitical tensions and recent volatility, Eric walks through the signals that suggest the market may be stabilizing—and possibly preparing for a move higher. In this episode, you’ll learn: Why dip buyers ste...

Brian Terry’s Conservative Options Income Group: https://www.stockmarketoptionstrading.net Eric O’Rourke’s SPX Trading Community: https://www.alphacrunching.com Trading in a community gives you perspective, shared ideas, and support—far better than trying to figure it all out on your own. In this episode, Eric O’Rourke is joined by Brian Terry to break down how they’re navigating a highly volatile...