Options Trading Research: SPX 1DTE Put Credit Spreads
Alpha Crunching TTR Strategy for SPX Weekly Options
In this options trading research video, we explore trading SPX Put Credit Spreads with 1 day to expiration. Also known as 1DTE.
This strategy uses week over week changes with the Alpha Crunching TTR indicator. TTR stands for Tomorrow's Triumph Rate which shows the historical percentage of times SPX has closed higher the next day over the past two months.
For the strategy, we're looking for flat or increasing TTR values before the trading week begins to plan these PDT friendly SPX options trades with goal of getting more mechanical with our trading decisions which is great for those who can't or don't want to watch the market all day.
This quant style strategy is a more mathematical approach to trading options that takes advantage of short term bullish trends in the stock market.