Stock Market Options Trading

Stock Market Options Trading by Eric O'Rourke

Eric O'Rourke

Join our trading community over at https://www.stockmarketoptionstrading.net to improve your stock and options trading skills. Want to level up your trading? Take the SPX Income Masterclass here: https://www.stockmarketoptionstrading.net/spaces/4688450/ Check out the SMOT YouTube channel for quantitative options strategies and education here: https://www.youtube.com/stockmarketoptionstrading For the SPX Premium Blog and Alerts, head over to Patreon here: https://www.patreon.com/VerticalSpreadOptionsTrading

Categories: Business

Listen to the last episode:

👉 Read the Trend Spread Engine article here:

https://www.alphacrunching.com/blog/spx-0dte-options-trading-using-the-trend-spread-engine-to-find-high-probability-intraday-windows

In this episode, I expand on a concept Brian Terry shared in Episode 174 about entering iron condors one side at a time — waiting for rallies to sell calls and pullbacks to sell puts.

That idea of patience and better positioning really resonated with me… and I’ve started applying it directly to my SPX 0DTE trading.

After launching the Trend Spread Engine in Episodes 172 and 173, we’ve been tracking every 0DTE credit spread posted throughout the day and compiling weekly performance reports. We’re seeing certain morning time blocks show 90%+ expiration win rates.

But here’s the key:

High probability doesn’t mean you need to enter immediately.

Instead of chasing the alert the moment it posts, I’m marking those statistically backed strike levels on my chart and waiting for volatility to give me a better entry — either higher strikes or better credit.

In today’s volatile market, patience can mean:

  1. Better distance from price
  2. Higher probability positioning
  3. Improved risk/reward structure
  4. Less emotional trading

This applies whether you’re trading 0DTE, 7DTE, or 30+ days to expiration.

If you trade credit spreads, this episode will help you think differently about execution and timing — especially in fast-moving markets.

Referenced Episodes:

  1. Episode 174 – Brian Terry’s Breakeven Iron Condor Strategy
  2. Episodes 172 & 173 – Introduction to the Trend Spread Engine

As always, trade smart and manage risk.

Previous episodes

  • 176 - 176: Fine-Tuning Your Credit Spread Entries 
    Tue, 17 Feb 2026 - 0h
  • 175 - 175: Breakeven Iron Condor Strategy (7DTE) 
    Wed, 28 Jan 2026 - 0h
  • 174 - 174: How To Trade Earnings Using Earnings-Watcher.com 
    Mon, 12 Jan 2026 - 0h
  • 173 - 173: What the 0DTE Trend Spread Engine Is Already Revealing 
    Mon, 05 Jan 2026 - 0h
  • 172 - 172: The 0DTE Trend Spread Engine: Building in Public 
    Fri, 19 Dec 2025 - 0h
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