--- title: "OptionSignal® Index Calendar Put Spread" slug: "os-index-calendar-put-spread" description: "Learn the OptionSignal® Index Calendar Put Spread strategy for SPY and QQQ, covering bearish signals, option selection, exit rules, and backtest results. " tags: ["OptionSignal"] updated: 2026-09-23T14:26:29Z published: 2026-09-23T14:26:29Z canonical: "learn.trademachine.com/os-index-calendar-put-spread" --- > ## Documentation Index > Fetch the complete documentation index at: https://learn.trademachine.com/llms.txt > Use this file to discover all available pages before exploring further. # OptionSignal® Index Calendar Put Spread ### Overview - Long Calendar Put Spread - 2 legs - SPY and QQQ ### OptionSignal® Index Calendar Put Spread Settings - OptionSignal® Index Calendar Put Spread Strategy utilizes a custom strategy which is labeled "Put Calendar 50-30 14-7" under the custom strategy dropdown menu. #### OptionSignal® Index Calendar Put Spread Open Conditions: - OptionSignal® prediction rating is equal to 1 (OptionSignal® = 1) ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(188).png) #### Details on Options TradeMachine is Selecting for OptionSignal® Index Calendar Put Spread: - 1x **long 50 delta** put near **14 days to expiration** - 1x **short 30 delta** put near **7 days to expiration** ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(166).png) #### Earnings Handling for OptionSignal® Index Calendar Put Spread Strategy: - [Nothing Special](/v1/docs/earnings-and-trademachine) #### OptionSignal® Index Calendar Put Spread Close Conditions: - OptionSignal® prediction rating is equal to 5 (OptionSignal® = 5) - Options reach expiration (Close all legs with front month options) ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(167).png) ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(190).png) #### Open next trade for OptionSignal® Index Calendar Put Spread: - [At Normal Time](/v1/docs/what-does-the-and-open-next-trade-at-normal-time-and-re-open-immediately-mean) ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(151).png)

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[View Video Transcript] #### Impact of OptionSignal® on Index Calendar Put Spread: ![1 yr SPY OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/1%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 94.05% ![1 yr QQQ OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/1%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 97.50% Backtest Links [No Model](https://www.trademachine.com/index.php?share_key=20260110_IwzQJsGtqJYZaLkK) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260110_lkSwW31YoVavf7fd) ![2 yr SPY OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/2%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 70.15% ![2 yr QQQ OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/2%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 83.79% Backtest Links [No Model](https://www.trademachine.com/index.php?share_key=20260110_QQnZGksel8cPUypp) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260110_i6yCN8PAhHkx44Zc) ![3 yr SPY OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/3%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 99.52% ![3 yr QQQ OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/3%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 99.94% Backtest Links [No Model](https://www.trademachine.com/index.php?share_key=20260110_unzZDRIghrPom4OG) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260110_IZpNCwq3sXh6ARms) ![5 yr SPY OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/5%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 99.97% ![5 yr QQQ OptionSignal® Index Calendar Put Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/5%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Calendar%20Put%20Spread(1).png) Statistical Significance: 99.99% Backtest Links [No Model](https://www.trademachine.com/index.php?share_key=20260110_1wVvNMTBCbUHDjXB) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260110_zMgDPtY0IshOtYNd) ## Related - [OptionSignal® Strategies](/optionssignal.md) - [OptionSignal® Introductory Webinar 1/17/2026](/optionsignal-introductory-webinar-1172026.md) - [Getting Started with OptionSignal®](/getting-started-with-optionsignal.md)