Good Morning

Friday’s Recap

Friday was a nice trading day for myself and the live alerts crew! I was profitable to the tune of $1545.58. This brings us to a win rate of 47 of our last 49 trades have been winners. Our strategy continues to display a crazy win rate and offers traders a forgiving trading style. The experimental $10,000 account I started with with 49 trading days ago is now worth $41,581. We have more than quadrupled our account using this daily credit spread strategy.

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SPY/SPX Analysis

SPY is down around a third of a percent as I type this premarket this morning. The market has continued to display additional volatility during open trading hours showing a change from summer trading where most of the move was happening premarket. It’s important to be patient and allow the volatility to work in your favor while trading these moves. I am adjusting my strategy to take into account this projected volatility moving forward. Today we are sitting on some negative gamma pockets at current pricing. There is positive gamma above as well but price action would have to move up in a bigger way to move into that range. I will see where gamma ranges are building once we open and be patient to open a credit spread when we reach a volatile expansion area towards that range. Be patient and wait on the right opportunity to make your trade.

The Closing Bell

Thanks for reading another edition of OPG Options Flow. If you’d like to get our live alerts be sure to use the link below to get access to our trades and discord. We have gone ahead and discounted your first month.

Thanks!

-Caleb

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