Stock Market Options Trading

By Eric O'Rourke

The Stock Market Options Trading Podcast is hosted by Eric O’Rourke, founder of https://AlphaCrunching.com, where a growing community of traders focus on short-duration SPX options strategies using a ... more

4.7

298298 ratings

FAQs about Stock Market Options Trading:

How many episodes does Stock Market Options Trading have?

The podcast currently has 199 episodes available.

Best of Stock Market Options Trading

The most played episodes among Podcast App listeners.

Number 1: 197: XSP 0DTE Strategy: Better Risk-Reward With Credit Spreads
In this week’s Stock Market Options Trading Podcast, I break down an XSP 0DTE trade I entered at the market open and how I was able to turn the position into a risk-free trade after the market moved in my favor. We’ll walk through the trade structure, why I started with an in-the-money call credit spread, and how adding the opposing spread converted the position into an Iron Condor with no remaining downside risk. I also take a first look at CBOE’s newer Magnificent 10 Index (MGTN), an equal-weighted index featuring the Magnificent 7 plus Broadcom, Palantir, and AMD. We’ll look at why cash-settled index options are interesting for traders, along with the biggest issue with MGTN right now: liquidity. Plus, this week’s episode covers: • The current SPX market setup and important gamma levels • What I’m watching as the market trades below 7700 • This week’s major economic and employment reports • Tuesday’s SPX Opening Range Breakout statistics • The return of the X Files segment The goal is always the same: use data, backtesting, and market statistics to find practical ways to trade the S&P 500 and index options. 📊 Learn more about Alpha Crunching and our SPX trading tools, research, trade setups, and community at AlphaCrunching.com. New episodes of the Stock Market Options Trading Podcast are posted every Monday after the market close. #SPX #0DTE #OptionsTrading #XSP #StockMarket #SP500 #IronCondor
August 31, 202617min
Number 2: 198: How I Used Gamma Exposure to Build a Risk-Free 0DTE XSP Options Trade
Resources mentioned in this video: The Money Show: https://orlando.moneyshow.com/?scode=068013 Historical Gamma Indicator: https://alphacrunching.sensamarket.com Alpha Crunching Trading Community, Research, Tools: https://www.alphacrunching.com In this episode of the Stock Market Options Trading Podcast, I break down another 0DTE XSP trade that I was able to convert into a risk-free position—but this time, I spend more time on the market analysis behind the entries. I’ll show how I used Historical Net Gamma Exposure (GEX) to identify an important SPX gamma level around 7,600, look for potential mean reversion, and time multiple credit spread entries. We’ll walk through how the trade evolved from an in-the-money call credit spread, into a reverse iron condor, and eventually into a position with multiple potential profit zones and no remaining downside risk beyond commissions. We’ll also discuss why I’m experimenting with XSP for these trades, how gamma levels can change throughout the trading day, and why I view GEX as another indicator—not something that should be traded blindly. In this episode: Trading 0DTE XSP before the regular market open Using Historical GEX to identify potential SPX levels Turning a profitable credit spread into a reverse iron condor Adding an iron butterfly around a major gamma level Creating wider profit zones instead of simply closing a winning trade Why gamma exposure is context—not a standalone trading signal Managing a volatile 0DTE trading day while reducing risk I’ll also be speaking about SPX 0DTE options trading at the Traders Expo / Orlando MoneyShow, October 5–7. If you’re attending, I’d love to meet you in person. Options involve risk and are not suitable for all investors. This content is for educational purposes only and is not financial advice.
September 14, 202610min
Number 3: 196: Building a Winning Options Trading Portfolio
📊 Trade These SPX Setups With Us The strategies discussed in this episode are part of the Alpha Crunching Trade Setups, where we use backtesting and market data to build a portfolio of mechanical SPX strategies. Members get access to:Weekly rules-based SPX Trade SetupsLive trade alerts in the Alpha Crunching DiscordSPX trading tools and market statisticsStrategy discussion and live trading chatAutomation options for select strategies The goal is simple: data-driven SPX trading with repeatable rules and less time watching charts. 👉 Learn more and join at AlphaCrunching.com What happens when you stop looking for the “best” SPX trading strategy and start thinking in terms of a portfolio of strategies? In Episode 196, I break down four mechanical SPX strategies based purely on the math — without focusing on the actual strategy or setup. We compare:Trade frequencyWin rateAverage winnerAverage loserExpectancyRisk/reward The differences are significant. One strategy wins just 35% of the time, while others win more than 70%. But higher win rates come with their own trade-offs, including larger average losses. The interesting part comes when we combine all four. Instead of relying on one strategy that might go weeks without a trade or experience a losing streak, the different mathematical profiles can complement each other and produce a much smoother overall P&L curve. The goal isn't necessarily to find the highest win rate or the perfect strategy. It's to build a collection of positive-expectancy trades that can work together over time. Would you trade a strategy with only a 35% win rate if it improved the overall portfolio?
August 24, 202611min
Number 4: 195: The Friday-to-Monday SPX Edge
In this week's Stock Market Options Trading Podcast, we're looking at an interesting SPX pattern: Mondays have produced the strongest average S&P 500 returns so far in 2026. Here's the video version: https://youtu.be/mM8y3koyL5A That lines up with a rules-based strategy I've recently added back into the Alpha Crunching trade setups — a Friday 3DTE SPX put credit spread designed to take advantage of bullish market conditions heading into the weekend. In this episode:The Friday 3DTE SPX put credit spread and its 4-year backtestWhy a simple 3-day moving average filter mattersThe surprising strength of Mondays in 2026How the strategy fits into a diversified SPX options portfolioFOMC Minutes and this week's economic calendarWhy markets are already looking ahead to Jackson HoleSPX gamma levels, including the 7900 call wallThe employment data I'm watching this week The goal isn't to predict where SPX goes next. It's to use data, backtesting and market statistics to identify potential edges and build repeatable trading strategies around them. Alpha Crunching: https://alphacrunching.com Follow me on X: @OptionAssassin New episodes every Monday. #SPX #OptionsTrading #SP500 #0DTE #OptionsStrategy #StockMarket #Trading
August 17, 20269min
Number 5: 194: Does Gamma Move the S&P 500? What SPX Traders Should Know
In Episode 194 of the Stock Market Options Trading Podcast, we take a data-driven look at the S&P 500, SPX options, gamma levels, opening range breakouts, and a mechanical 0DTE Iron Condor strategy. We start with lumber prices after an 11-day losing streak and discuss what falling lumber prices may—or may not—be signaling about housing and the broader economy. Then we turn to SPX and an important question for options traders: Do gamma levels lead the market, or does price lead gamma? We look at call walls, put walls, the gamma flip, and why I view gamma levels as useful context rather than a standalone prediction of where the S&P 500 is headed. We also review some interesting SPX 0DTE Opening Range Breakout (ORB) data. Tuesday's 30-minute opening range has recently shown strong historical results following both upside and downside breakouts, creating some interesting possibilities for credit spreads and other intraday options strategies. Finally, I share a mechanical 0DTE SPX Iron Condor strategy we've been trading and tracking at Alpha Crunching, including how the setup works and where you can review the backtest and strategy details. 📊 0DTE Iron Condor Strategy & Backtest: https://www.alphacrunching.com/blog/end-of-day-iron-condor-a-simple-mechanical-strategy-for-spx-0dte In this episode: • Lumber prices and the economic outlook • SPX near all-time highs • SPX gamma levels, call walls and put walls • Does gamma lead price or react to price? • 0DTE Opening Range Breakout statistics • Tuesday's 30-minute SPX ORB setup • Mechanical 0DTE Iron Condor strategy • Using historical data to improve options trading decisions The Stock Market Options Trading Podcast is a weekly show focused on data-driven options trading, SPX strategies, backtesting, mechanical trading systems, and practical ideas designed to help traders become more consistent. New episodes are posted Mondays around the market close. Subscribe on YouTube or follow the podcast on Spotify and Apple Podcasts to catch each week's episode. #SPX #OptionsTrading #0DTE #SPXOptions #Gamma #IronCondor #OpeningRangeBreakout #StockMarket #TradingStrategies
August 10, 202615min