137: SPY Call Buying Strategy Research(53% Win Rate, 2:1 Risk Reward)

Stock Market Options Trading - A podcast by Eric O'Rourke - Mondays

Categories:

In this episode, we explore a SPY call-buying strategy with a 53% win rate and a 2:1 risk-reward ratio. This strategy, built on data and technical analysis, is designed for consistent execution and measurable results.The audio for this show is from a recent YouTube video. Here's the link if you interested in the video version: https://youtu.be/eTLqr8TWstABlog Post: https://www.alphacrunching.com/blog/buying-spy-call-optionsSPY Call Buying Video Course: https://www.stockmarketoptionstrading.net/spaces/17635818Key Strategy Highlights:Core Strategy:Buy SPY calls (Delta 70) on Monday at 3:30 PM.Use a 50% stop loss and a 100% profit target for the 2:1 risk-reward ratio.The strategy has shown an average winner of $600 and an average loser of $340.Technical Conditions:SPY must be above its 20-day SMA, indicating a short-term uptrend.RSI must be below 70 to avoid overbought conditions.Weekly Triumph Rate (WTR):Check WTR data on AlphaCrunching.com before the trading week.Only trade if Monday’s WTR is above 50% or improving from the previous week.WTR provides insights into the probability of SPY closing higher the following week.Pre-Market Planning:WTR data is available on Sunday, allowing for early decision-making.Trade ideas are updated weekly for subscribers on Alpha Crunching.For a detailed breakdown, including variations on this strategy, check the blog post and mini video course linked below.Blog Post: https://www.alphacrunching.com/blog/buying-spy-call-optionsYouTube Video: https://youtu.be/eTLqr8TWstA