Home

SPX, SPY & QQQ Option Trading

Day Trade + Swing Trade + Lotto

What we do: We Trade credit spreads, debit spreads and lotto trades, using 0-5DTE SPY Options.

Our goal: Alert our members in advance to areas of continuation or rejection, and what strategy we are using to profit with short term options.

Real Time Trade Alerts: We offer five days (1 week) of access to real time SPY, QQQ and SPX option alerts sent through telegrams desktop and mobile app. We do not offer auto-renew, and there is no subscription to cancel. Only pay for the weeks you want to trade.

Step 1: Join our free email list

Step 2: Download Telegram

Step 3: Purchase the weekly messenger code

Step 4: Open telegram during market hours to receive trade alerts

Credit Spreads 0-DTE

Scalper + Runner

We trade in the structured channel direction using a multiple time frame moving average / Fibonacci approach with the 5-day average as our point of control.

We trade continuations and rejection patterns of the higher time frame, while using the smaller timeframe to pinpoint our entries to reduce the time in the trade. We have two types of trade set ups with credit spreads listed below:

Trade Set Up #1: Scalper – Entry and exit defined before we enter (Static Scalp Trade)

Trade Set Up #2: Runner- Entry with no defined target allowing the trade to develop and potentially expire worthless.

SPY, QQQ credit spreads $1-$2 wide, SPX 5-10 wide. Click here for example

  • Hedged Selling Calls and Puts (vertical spreads)
  • Multiple trades per day on average
  • Scalper + Runner Trades
  • SPY, SPX and QQQ (no PDT rule when using futures options)

Debit Spreads 0-5 DTE

Swing Trading 1-5 Days

When we expect a rise in volatility for multiple days in a row in the same direction, we use debit spreads for a directional hedged bet. Utilizing the 0-5 DTE options is a great way to capitalize on expanding volatility while looking for next day, or multiple day gap and go.

BULL CALL

Limited Risk + Limited Potential / Used in a directional trade to the upside while lowering cost of the position. Click here for example

BEAR PUT

Limited Risk + Limited Potential / Used in a directional trade to the downside while lowering cost of the position. Click here for example.

Lotto Trade 0-DTE

Aggressive long Call/Put

We day trade SPY, QQQ and SPX 0-DTE calls and puts as an unhedged, high-risk, directional bet. Unhedged calls and puts hold the highest overall risk but also hold the highest potential for huge profits. Are you disciplined enough to keep the size small and hold for the homerun trade?

The lotto trade is a 0-DTE high risk unhedged aggressive trading that in entered within the last two hours of the market and should only be done with risk capital at a very small contract size. Rather that loading up with big size for small gain, the lotto trade is a small defined max $100 risk, looking for 400-800% gains.

Important: No matter how “good” a trade looks it is very important to stay disciplined to the amount of size placed on a lotto trade. There is no need for any one lotto trade to make a break an account.

Contract sizing is extremely important when day trading 0-DTE options as the options are expiring within hours. We position size based on the max risk of the trade, not the potential stop loss. Only the highest risk capital should be used when purchasing short term directional calls and puts.

Purchasing short term options can generate the highest % gains, which has a direct correlation to the high risk. Click here for full risk disclosure.

Option trading benefits


Join our email list to receive market updates and weekly telegram links to the SPY, QQQ an SPX option alerts. We do not sell our clients emails or information.

Blog

360WallSt

SPY Option Trading

360wallst@protonmail.com

×