SPX Options Strategy | 3DTE Put Credit Spread Strategy

SPX TTR 3DTE PCS Friday Historical Backtest

SPX Options Strategy | Fridays

The SPX weekly options trading research study finds an edge by combining Alpha Crunching's TTR or Tomorrow's Triumph Rate with the 20sma for trading at the money put credit spreads with 3 days to expiration on Friday's.

‍

Alpha Crunching considers each day of the week of having its own characteristics and seasonality. This research takes trades on Friday afternoon if the following criteria is met.

Tomorrow's Triumph Rate (TTR) Historical Table

‍

Alpha Crunching's TTR or Tomorrow's Triumph Rate is updated each weekend before the trading week begins and shows the historical percentage of times SPX has closed higher the next day over the past two months.

‍

For Fridays, if the TTR is above 60% and flat to higher from the previous week as shown above, then a put credit spread towards Friday's close is a potential trade candidate.

‍

For bullish confirmation, SPX needs to be above its 20sma on the daily chart about 15m before the close that Friday before taking this trade. If SPX is below its 20sma, the trade is skipped.

‍

This strategy sells an ATM (at the money) put credit spread expiring the following the next trading day (3DTE) with the goal of receiving at least a $2.00 credit for a 5 point wide spread. This creates a 3:2 risk reward or better for the bull put spread.

‍

This SPX options strategy held the spread to expiration and has been running a 79.6% win rate from January 2023 through September 30, 2025.

‍

View more insights

min

Options Position Sizing Case Study

Position sizing is a critical but often overlooked component of successful trading. In this post, we summarize a detailed exploration of how position sizing affects risk, returns, and overall performance.

min

SPX 0DTE Trend Spread Engine: Real-Time Alerts With Built-In Performance Tracking

Learn how the SPX 0DTE Trend Spread Engine works. The TSE is both a real-time alert system and a built-in performance tracker that records and ranks every 15-minute trend-based credit spread alert. Updated weekly, the report shows which time-of-day windows have been statistically strongest for SPX 0DTE trades.

min

Tomorrow's Triumph Rate Strategy Session

Video Replay of Live Subscriber Meeting Focused on TTR Strategies, Forecast Review, and Subscriber Q&A

min

Buying SPY Call Options

This SPY Call Buying Strategy uses Alpha Crunching's Weekly Triumph Rate(WTR) on Mondays. The 2:1 risk reward is great way to take advantage of the power of leverage that options trading can offer.

Simplified Visuals

Turning Complex Data Into Informed Decisions

We transform intricate market data into easy-to-understand visuals, helping you grasp the trends and make wise trading decisions. Whether you're a full-time investor, a day trader balancing your job, or a retiree exploring the world of trading, Alpha Crunching simplifies the process and paves the way to a more profitable trading journey.