Strategy description
SPX Intraday Option Selling Strategy
This is a non-directional intraday option selling strategy on SPX
Strategy Specifications
- Underlying: SPX
- Trade Type: Intraday Only (No Overnight Positions)
- Structure: Spread-Based Option Selling
- Approach: Directional
- Strike Selection: Adjusted dynamically as per market condition
- Stop Loss: Approx. $7000 ($1700 SL 4 Round)
- Target Exit:
- Open or at 3:50 PM US Time (time-based exit)
- Entry: Triggered only when predefined market conditions are met
Important Note
- Algo continuously scans the opening order flow, runs advanced calculations, and intelligently picks spreads engineered to decay rapidly in the initial market hours—so it must be deployed strictly before the market opens.
This smart strike engine is built to hunt for options that are statistically more likely to drift toward zero early in the session, allowing the algo to exploit short-lived intraday premium inefficiencies with precision.
- It is strongly recommended to run the strategy in paper trade mode before going live.
- Deploy live only after full satisfaction and understanding of the risk.
- No guarantee or profit claim is made
Description is provided by the creator. Tradetron does not endorse any strategy; review the composition and your own risk limits before subscribing.
Discussion
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