
185: Inside My SPX Strategy with Option Omega
From Stock Market Options Trading by Eric O'Rourke
April 28, 2026 · 32 min · Season 1 · Episode 185
About this episode
Eric O'Rourke discusses his SPX trading strategy with Matt from Option Omega, focusing on the Trend Spread Engine and adapting to market conditions.
Watch the full video version of this episode: https://youtu.be/2RgGjxUe35w?si=m1BU5TwEq973he2k Links & Discounts: Option Omega → https://optionomega.com ( Use code SMOT for a discount ) Alpha Crunching → https://alphacrunching.com ( Use code SPX50 for 50% off your first year ) In this episode, I sit down with Matt from Option Omega to break down how I’m using their platform to backtest and execute strategies from Alpha Crunching—with a focus on the Trend Spread Engine (TSE). We dig into the core problem many traders are facing right now: what should I actually be trading in this market? With volatility shifting, trends changing, and many swing strategies not triggering, the goal is to find something repeatable that can be traded consistently. That’s where the Trend Spread Engine comes in. We walk through: Why high-probability spreads alone don’t create an edge How intraday time-of-day + trend + strike selection changes outcomes The idea of tracking trades every 15 minutes to uncover intraday seasonality Using a rolling 90-day dataset to adapt to changing market conditions How I turn that data into actual trades using Option Omega We also get into real examples of how certain…
People in this episode
Host: Eric O'Rourke
Guest: Matt
Topics covered
- options trading
- market strategies
- backtesting
- intraday trading
- volatility
- data-driven approach
Keywords
- SPX options
- trading strategies
- backtesting
- volatility
- Trend Spread Engine
- intraday seasonality
- market conditions
Sponsors
Option Omega, Alpha Crunching
Mentioned in this episode
Organizations: Option Omega, Alpha Crunching
Products: Trend Spread Engine
Places: SPX
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