About this episode

Eric O'Rourke and Brian Terry discuss the latest market action and options trading strategies in light of recent geopolitical events.

This week on Stock Market Options Trading , Eric O'Rourke and Brian Terry break down the latest market action following geopolitical headlines, discuss why the recent SPX rally continues to stall, and share several option trading ideas they're watching this week. Topics covered include: Why the latest SPX gap higher failed and what it says about market sentiment Current gamma levels and key support/resistance zones This week's major economic events, including the FOMC meeting, GDP, PCE, and Consumer Confidence Why intraday trend trading has become more challenging in recent weeks New research showing stronger end-of-day trading opportunities Eric's updated 0DTE trading approach and end-of-day Iron Condor strategy Brian's QQQ and Micron (MU) broken-wing put butterfly trades Managing defined-risk option strategies during volatile markets Whether you're trading SPX, QQQ, or individual stocks, this episode explores how current market conditions are changing the way we approach options trading and risk management. Resources Mentioned ► Alpha Crunching: https://alphacrunching.com ► Stock Market Options Trading Podcast: https://www.stockmarketoptionstrading.net If you enjoy systematic…

People in this episode

Host: Eric O'Rourke

Guest: Brian Terry

Topics covered

• market outlook
• options strategies
• geopolitical headlines
• SPX rally
• economic events
• trading opportunities
• risk management

Mentioned in this episode

Organizations: Alpha Crunching, Stock Market Options Trading Podcast

Products: 0DTE trading approach, Iron Condor strategy, broken-wing put butterfly trades

Places: SPX, QQQ, Micron

More episodes of Stock Market Options Trading

• 197: XSP 0DTE Strategy: Better Risk-Reward With Credit Spreads · August 31, 2026 · 16 min
• 196: Building a Winning Options Trading Portfolio · August 24, 2026 · 10 min
• 195: The Friday-to-Monday SPX Edge · August 17, 2026 · 8 min
• 194: Does Gamma Move the S&P 500? What SPX Traders Should Know · August 10, 2026 · 15 min
• 193: Markets Rebound, SPX Gamma Levels, and a 76% Win Rate Options Strategy · August 3, 2026 · 9 min

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