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Stock Market Options Trading
Options Research for Trading Weekly Options
Jun 8, 2020
Discover the secrets of trading weekly options on SPY and SPX indexes. The hosts dive into strategies that enhance profitability, investigating the impact of a moving average filter. They analyze performance over three years, revealing insights about optimal trading days and win rates. Surprisingly, trading without the filter on Wednesdays yielded the best results. Tune in for a blend of strategy and analytics that could elevate your trading game!
12:29
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Quick takeaways
- Wednesday is the most favorable day for trading at the money put credit spreads on SPY, achieving a 72% win rate.
- Adding an 8 EMA moving average filter did not enhance profitability, emphasizing the potential limitations of filters in trading strategies.
Deep dives
Optimal Trading Day Analysis
Wednesday proved to be the most favorable day for trading at the money put credit spreads on SPY, according to a three-year analysis. This study revealed that when trading these options with seven days to expiration, a win rate of 72% was achieved on Wednesdays, compared to only 68% on Fridays and 70% on Mondays. The previous episode incorrectly stated the performance rankings of the days, but this episode clarified that Friday performed the worst, emphasizing the importance of accurate data interpretation in trading strategies. This highlights how day selection can significantly impact trading outcomes and profitability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode