Aug 20, 2025

SPX Weekly Options Trading Research | 1DTE Bull Put Spread Strategy

SPX Weekly Options Research Study | Wednesdays

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 1 day to expiration on Wednesdays.

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

SPX TTR 1DTE PCS Wednesday's Historical Backtest

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 Wednesdays, if the TTR is above 60% and flat to higher from the previous week as shown above, then a put credit spread towards Monday'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 Wednesday 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 day (1DTE) 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 ran an 75% win rate from January 2023 through August 1, 2025.

View more insights

SPX Daily Forecast Indicator

4

 min

SPX Daily Forecast Indicator

Want a clearer read on SPX before the market opens? The updated Daily Forecast shows you the intraday trend, compares it to past weeks, and helps you spot potential reversals — all before you place a single trade. 👉 See how it works in this quick walkthrough.

Jun 24, 2025

7DTE Put Credit Spread Strategy For SPX Weekly Options

2

 min

7DTE Put Credit Spread Strategy For SPX Weekly Options

This weekly options strategy uses Alpha Crunching's WTR or Weekly Triumph Rate along with simple moving averages to find an edge in the market.

Oct 3, 2025

SPX 0DTE Put Credit Spread Strategy

5

 min

SPX 0DTE Put Credit Spread Strategy

Backtested, rules-based, and easy to manage—introducing the ASD 0DTE PCS strategy.

Sep 8, 2025

Contrarian Call Credit Spread Hedge Trade

1

 min

Contrarian Call Credit Spread Hedge Trade

This SPX Call Credit Spread strategy uses Alpha Crunching's WTR Average Points and is a contrarian style trade for hedging bullish positions.

Oct 3, 2025

Ipad screenshot

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.