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 window. We're now working on expanding that research to include intraday comparisons, giving us more flexibility to identify potential 1DTE trading opportunities at different times throughout the day.

In this episode, I'll walk through:

• Monday & Tuesday: Testing 1DTE call credit spreads during historically bearish periods.
• Thursday: Exploring 1DTE put credit spreads when the data suggests a bullish bias heading into Friday.
• Wednesday: An interesting reverse iron condor backtest that showed some promising initial results.
• Option Omega: Using the new optimization feature to compare entry times, strike selections, and trading performance.
• TTR 2.0: A preview of the additional intraday data we're developing at Alpha Crunching.

These are preliminary backtests, not finalized strategies or trade recommendations. The goal is to share the research process, including what works, what doesn't, and how we use data to find potential trading edges.

📊 Explore Alpha Crunching

At Alpha Crunching, we're focused on finding systematic SPX options trading opportunities using historical data, research, and backtesting.

Members get access to:

• Weekly SPX Trade Setups with historical performance and defined trading rules
• Tomorrow's Triumph Rate (TTR) and proprietary SPX research tools
• TSE 2.0 data feeds and nightly statistical reports
• Our Discord trading community
• Research geared toward both manual and automated options trading

Learn more: https://alphacrunching.com

🔗 Resources

Alpha Crunching: https://alphacrunching.com

🎙️ Stock Market Options Trading Podcast

New episodes every Monday covering SPX and XSP options, 0DTE and 1DTE trading, backtesting, market research, and systematic options strategies.

Subscribe to follow along as we continue testing new ideas and expanding our research.

Disclaimer: This content is for educational purposes only and is not financial advice. Backtested results are hypothetical and do not guarantee future performance. Options trading involves risk.

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 eventually see SPX options trading 24 hours a day, five days a week? And how will our charting, backtesting, and gamma analysis tools adapt?

We also take a look at the SPX market heading into the week of October 12, including key gamma levels, the 7900 call wall, volatility, and upcoming CPI and PPI inflation reports.

At Alpha Crunching, we're continuing to develop and trade systematic SPX 0DTE strategies, including mechanical end-of-day trades that can be executed manually or through automation with PeakBot.

Resources & Links

🔹 Alpha Crunching – SPX trading strategies, backtests, and research

https://alphacrunching.com

🔹 PeakBot – Automated options trading strategies

https://alphacrunching.peakbot.com

🔹 Cboe – Additional AM-Settled SPX Weekly Options

https://www.cboe.com/notices/content/?id=61537&utm

🔹 Cboe – SPX Global Trading Hours Expansion

https://www.cboe.com/insights/posts/cboe-global-trading-hours

Topics Covered

• New AM-settled SPX weekly expirations
• Global trading hours and the possibility of 24/5 options trading
• Challenges for SPX charting, backtesting, and gamma tools
• SPX gamma levels and the 7900 call wall
• CPI, PPI, and the market outlook
• Systematic SPX 0DTE trading strategies

Let me know in the comments what you think about these changes. Would you trade AM-settled weekly SPX options or trade SPX overnight?

Subscribe for weekly discussions about SPX options, 0DTE trading strategies, market research, and automation.

#SPX #0DTE #OptionsTrading #Cboe #SPXOptions #AlphaCrunching

For educational purposes only. Nothing discussed is financial advice. Options trading involves risk.

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 Crunching's updated Tomorrow's Triumph Rate (TTR V2), which tracks historical SPX price tendencies by day of the week and time of day. Using a recent bearish bias from Wednesday into Thursday, we explore potential 1DTE call credit spread strategies.

Rather than manually building every backtest, I'm using ChatGPT to communicate directly with Option Omega, test different deltas and entry times, compare profit targets, and ultimately save a strategy for further review.

Along the way, we uncover some interesting results, including why higher-delta credit spreads can sometimes outperform lower-delta trades despite having lower win rates.

In this episode:

• How Alpha Crunching's TTR V2 identifies potential SPX trading opportunities
• Connecting ChatGPT to Option Omega through an MCP server
• Backtesting SPX 1DTE call credit spreads across multiple deltas and entry times
• Comparing hold-to-expiration strategies with profit-taking targets
• Using AI to identify promising strategies and save backtests directly into Option Omega
• Why recent market tendencies and rolling data can be useful for developing trading ideas

This episode is less about finding the perfect strategy and more about exploring a new research process that could make data-driven options trading more accessible and efficient.

I'm just getting started with AI-assisted backtesting, and I'd love to hear how others are using these tools.

Resources:

Alpha Crunching: https://alphacrunching.com

Option Omega: https://optionomega.com

Disclaimer: Backtested performance does not guarantee future results. Options trading involves risk. This content is for educational purposes only and is not financial advice.

#SPX #OptionsTrading #1DTE #ChatGPT #Backtesting #OptionOmega #AITrading