Stock Market Options Trading

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 researchhttps://alphacrunching.com🔹 PeakBot – Automated options trading strategieshttps://alphacrunching.peakbot.com🔹 Cboe – Additional AM-Settled SPX Weekly Optionshttps://www.cboe.com/notices/content/?id=61537&utm🔹 Cboe – SPX Global Trading Hours Expansionhttps://www.cboe.com/insights/posts/cboe-global-trading-hoursTopics CoveredNew AM-settled SPX weekly expirationsGlobal trading hours and the possibility of 24/5 options tradingChallenges for SPX charting, backtesting, and gamma toolsSPX gamma levels and the 7900 call wallCPI, PPI, and the market outlookSystematic SPX 0DTE trading strategiesLet 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 #AlphaCrunchingFor educational purposes only. Nothing discussed is financial advice. Options trading involves risk.

Can gamma exposure (GEX) help identify better entry points for scalping SPX 0DTE credit spreads?In this episode of the Stock Market Options Trading podcast, Eric O'Rourke from Alpha Crunching breaks down a real SPX call credit spread scalp using gamma exposure to identify potential support and resistance levels.Rather than focusing on the textbook definition of gamma exposure and dealer hedging, we're looking at how to actually use GEX data to make trading decisions.Eric walks through a trade taken on September 21, showing exactly what the gamma exposure chart looked like at entry, why the 7700 and 7725 SPX levels mattered, and how a relatively small pullback created an opportunity to capture approximately 30% of the original credit in about 30 minutes.Access the Gamma Exposure & Market Analysis Platform:https://alphacrunching.sensamarket.com/ Alpha Crunching has partnered with SensaMarket to bring retail traders affordable access to powerful market analysis tools, including gamma exposure, options flow, charting, options modeling, and more.What You'll Learn in This EpisodeHow to use SPX gamma exposure (GEX) to identify potential intraday support and resistance.Why positive gamma and large gamma exposure nodes can help define a potential trading range.How to identify opportunities for contrarian call and put credit spread scalps.Why Eric prefers selling 10-point-wide SPX credit spreads and targeting approximately 30% of the premium collected.A real 0DTE call credit spread trade: selling the 7735 call spread for approximately $1.75 and closing near $1.20.Why gamma exposure levels can change throughout the trading day and why not every market condition presents a trade.We also take a broader look at SPX market conditions, longer-term gamma exposure levels, the economic calendar, and upcoming Federal Reserve speakers.The Trading ApproachThe idea isn't to predict every market move or hold a credit spread until expiration.Instead, we're looking for potential support and resistance levels using gamma exposure, waiting for SPX to approach those areas, and entering defined-risk credit spreads with the goal of capturing a relatively small move.In this example, SPX was trading near 7725, where gamma exposure suggested potential resistance. Eric sold an out-of-the-money call credit spread and closed it after a small pullback and some time decay.It's a practical example of combining options market data, trade structure, and disciplined profit-taking.Learn more about systematic SPX options trading:https://alphacrunching.com/ Join Alpha Crunching for backtested SPX trading strategies, automated trade alerts, market statistics, and our options trading community.New episodes of the Stock Market Options Trading podcast are published every Monday after the market close. Also available on Spotify and Apple Podcasts.For educational purposes only. Options trading involves risk, including the potential loss of the entire amount at risk on a spread. Historical results and individual trade examples do not guarantee future performance.#SPX #0DTE #GammaExposure #GEX #CreditSpreads #OptionsTrading #SPXOptions #OptionScalping