Stock Market Options Trading by Eric O'Rourke
Eric O'Rourke
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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:
- Better distance from price
- Higher probability positioning
- Improved risk/reward structure
- 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:
- Episode 174 – Brian Terry’s Breakeven Iron Condor Strategy
- Episodes 172 & 173 – Introduction to the Trend Spread Engine
As always, trade smart and manage risk.
Previous episodes
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176 - 176: Fine-Tuning Your Credit Spread Entries Tue, 17 Feb 2026 - 0h
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175 - 175: Breakeven Iron Condor Strategy (7DTE) Wed, 28 Jan 2026 - 0h
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174 - 174: How To Trade Earnings Using Earnings-Watcher.com Mon, 12 Jan 2026 - 0h
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173 - 173: What the 0DTE Trend Spread Engine Is Already Revealing Mon, 05 Jan 2026 - 0h
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172 - 172: The 0DTE Trend Spread Engine: Building in Public Fri, 19 Dec 2025 - 0h
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171 - 171: Stock Market Update and Economic Events This Week Mon, 08 Dec 2025 - 0h
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170 - 170: SPX Iron Condor Setup Thu, 06 Nov 2025 - 0h
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169 - 169: 💡 LEAP Call Strategy for Options Income with Brian Terry Mon, 03 Nov 2025 - 0h
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168 - 168: SPX Levels, Weekly Trade Setups & a Profitable LEAP Strategy Mon, 27 Oct 2025 - 0h
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167 - 167: 🎯Bullish Put Diagonal Discussion Wed, 22 Oct 2025 - 0h
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166 - 166: 📈SPX Rebounds Hard — What Last Week’s Selloff Really Taught Us Tue, 21 Oct 2025 - 0h
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165 - 165: When Uptrends Break Wed, 15 Oct 2025 - 0h
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164 - 164: Expectancy vs. Win Rate: What Really Matters Mon, 29 Sep 2025 - 0h
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163 - 163: FOMC Whipsaw, New Highs & Practical Income Setups Mon, 22 Sep 2025 - 0h
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162 - 162: SPY Options Trading Discussion Tue, 09 Sep 2025 - 0h
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161 - 161: Option Omega Review, Backtest, Strategy, and Automation Tue, 02 Sep 2025
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160 - 160: This Week in Options Trading: INTC, Broken Wing Butterfly, SPX 0DTE Mon, 25 Aug 2025 - 0h
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159 - 159: This Week in Options Trading: SPX Credit Spreads, ANET Diagonal Spread Mon, 18 Aug 2025 - 0h
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158 - 158: This Week In The S&P500: Two Primary Drivers of the Stock Market Right Now. Mon, 04 Aug 2025 - 0h
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157 - 157: SPX 0DTE Risk Free Profit Forest Walkthrough Tue, 24 Jun 2025 - 0h
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156 - 156: This Week In The S&P500: SPX Forecast, Levels, FOMC Mon, 16 Jun 2025 - 0h
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155 - 155: This Week In The S&P500: Slowing Momentum Nearing All Time Highs Mon, 09 Jun 2025 - 0h
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154 - 154: Trading in Retirement: Tips for Consistent Income and Low Stress Wed, 04 Jun 2025 - 0h
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153 - 153: SPX Options Setup After Surprise EU Tariff News Tue, 27 May 2025 - 0h
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152 - 152: S&P 500 Shrugs Off Credit Downgrade? | Broken Wing Butterfly Setup Mon, 19 May 2025 - 0h
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151 - 151: This Week In The S&P500: Your Charts Might Be Lying... Mon, 12 May 2025 - 0h
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150 - 150: SPX Forecast After 9-Day Rally | Iron Condor Strategy Adjustments Mon, 05 May 2025 - 0h
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149 - 149: This Week In The S&P500: Trading Iron Condors and Truflation Mon, 21 Apr 2025 - 0h
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148 - 148: This Week In The S&P500: Tariff Turmoil, Fed Caution, and a Choppy Bounce Mon, 14 Apr 2025 - 0h
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147 - 147: This Week in the S&P500: Market Volatility, Tariffs, and Fed Speculation Mon, 07 Apr 2025 - 0h
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146 - 146: This Week in the S&P500: How to Stay Defensive Without Going Short Mon, 31 Mar 2025 - 0h
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145 - 145: This Week in the S&P500: Market Rally, Key Levels & SPX Trade Setups Tue, 25 Mar 2025 - 0h
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144 - 144: A Simple Bear Market Hedging Strategy Fri, 14 Mar 2025 - 0h
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143 - 143: This Week In The S&P500: Volatile Trading Range Mon, 03 Mar 2025 - 0h
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142 - 142: This Week in the S&P500: False Breakout Mon, 24 Feb 2025 - 0h
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141 - 141: Bull Call Spreads Vs. Bull Put Spreads Thu, 20 Feb 2025 - 0h
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140 - 140: This Week In The S&P500: Powell and Inflation Mon, 10 Feb 2025 - 0h
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139 - 139: This Week in the S&P500: Tariff Drop Mon, 03 Feb 2025 - 0h
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138 - 138: This Week in the S&P 500: Bulls in Trouble? Mon, 27 Jan 2025 - 0h
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137 - 137: SPY Call Buying Strategy Research(53% Win Rate, 2:1 Risk Reward) Thu, 16 Jan 2025 - 0h
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136 - 136: The Most Important Skill in Options Trading (And Why Many Ignore It) Mon, 06 Jan 2025 - 0h
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135 - 135: This Week In The S&P500 Mon, 16 Dec 2024 - 0h
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134 - 134: This Week In The S&P500 Mon, 09 Dec 2024 - 0h
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133 - 133: SPX vs. SPY: 10 Major Differences Fri, 06 Dec 2024 - 0h
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132 - 132: Options Position Sizing Case Study Mon, 25 Nov 2024 - 0h
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131 - 131: All Time Stock Market Highs! Now What? Mon, 11 Nov 2024 - 0h
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130 - 130: GOOGL Earnings Trade Success Wed, 30 Oct 2024 - 0h
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129 - 129: Case Study: Take Profits Early or Hold To Expiration? Mon, 21 Oct 2024 - 0h
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128 - 128: The New Spot Gamma TRACE Indicator Explained Fri, 27 Sep 2024 - 0h
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127 - 127: The Psychology of Automated Trading w/ Mike Christensen of TradersPost.io Thu, 12 Sep 2024 - 0h