OptionSignal™ Index Short Call Spread

Overview

• Short Call Spread
• 2 legs
• SPY and QQQ

OptionSignal™ Index Short Call Spread Settings

• Strategy is a short call spread.

OptionSignal™ Index Short Call Spread Open Conditions:

• OptionSignal™ prediction rating is equal to 1 (OptionSignal™ = 1)

Details on Options TradeMachine is Selecting for OptionSignal™ Index Short Call Spread:

• 1x short 40 delta call near 7 days to expiration
• 1x long 20 delta call near 7 days to expiration

Earnings Handling for OptionSignal™ Index Short Call Spread Strategy:

• Nothing Special

OptionSignal™ Index Short Call Spread Close Conditions:

• OptionSignal™ prediction rating is equal to 5 (OptionSignal™ = 5)
• Gains Above 40%
• Losses Above 60%
• Options reach expiration (Close all legs with front month options)

Open next trade for OptionSignal™ Index Short Call Spread:

• At Normal Time

[View Video Transcript]

Impact of OptionSignal™ on Index Short Call Spread: