TradeMachine Strategies and Features

The Today tab of TradeMachine® has 14 pre-built options strategies that scan every 30 minutes during market hours for intraday triggers. You can view these on the "Today" tab in TradeMachine®, and you can also set up email alerts for these triggers.

Overview of Today Tab Options Strategies

Spread the Selloff (Experience Level: Advanced)

• 1x3x2 short put broken wing butterfly
• 3 legs

Bollinger Buy the Dip (Experience Level: Advanced)

• Long call diagonal
• 2 legs

MACD Momentum (Experience Level: Advanced)

• Long call diagonal
• 2 legs

Buy the Sell-off (Experience Level: Advanced)

• Long call diagonal
• 2 legs

Buy the Dip (Experience Level: Beginner)

• Long call
• 1 leg

Fade the Dip (Experience Level: Intermediate)

• Short put spread
• 2 legs

Long Strangle Technical (Experience Level: Intermediate)

• Long strangle
• 2 legs

Bullish Bursts (Experience Level: Beginner)

• Long call
• 1 leg

Bearish Bursts (Experience Level: Beginner)

• Long put
• 1 leg

Pre Earnings: 14-day Diagonal (Experience Level: Advanced)

• Long call diagonal
• 2 legs

Pre Earnings: 3-day, 7-day, and 14-day Call (Experience Level: Beginner)

• Long call
• 1 leg

Post Earnings: Short Put Spread (Experience Level: Intermediate)

• Short put spread
• 2 legs

The Today tab also includes 9 stock technical breakout scans.

Pre Earnings: 7-day Momentum - Long Stock (Experience Level: Intermediate)

• Open: Stock > SMA50Days
• Custom Earnings: Open 7 days before earnings, Close 1 day before earnings
• Close: After Open 22 Trading Days

Pre Earnings: 14-day Momentum - Long Stock (Experience Level: Intermediate)

• Open: Stock > SMA50Days
• Custom Earnings: Open 14 days before earnings, Close 1 day before earnings
• Close: After Open 22 Trading Days

Big Bollinger Recovery Breakout (Experience Level: Intermediate)

• Open: Stock Price Crosses Up Through Bollinger Bands Lower Band
  Bollinger Band Setup: SMA 20 Days band width of 3 Standard Deviations
• Never Trade Earnings
• Close: After Open 22 Trading Days

Small Bollinger Recovery Breakout (Experience Level: Intermediate)

• Open: Stock Price Crosses Up Through Bollinger Bands Lower Band Bollinger Band Setup: SMA 20 Days band width of 2 Standard Deviations
• Never Trade Earnings
• Close: After Open 22 Trading Days

Small Bollinger Upside Breakout (Experience Level: Intermediate)

• Open: Stock Price Crosses Up Through Bollinger Bands Upper Band
  Bollinger Band Setup: SMA 20 Days band width of 2 Standard Deviations and Stock < SMA200Days
• Never Trade Earnings
• Close: After Open 22 Trading Days

Classic Oversold (Experience Level: Beginner)

• Open: RSI14Days < 30
• Never Trade Earnings
• Close: After Open 22 Trading Days

CML Oversold (Experience Level: Intermediate)

• Open: RSI14Days < 25 and StockMovePercent <= -0.01
• Never Trade Earnings
• Close: After Open 22 Trading Days

MACD Breakout (Experience Level: Intermediate)

• Open: MACD Fast EMA 12 Days Slow EMA 26 Days Crosses Up Through Signal EMA 9 Days and Stock Price Below Bollinger Bands Upper Band Bollinger Band Setup: SMA 20 Days band width of 2 Standard Deviations and Stock < SMA200Days
• Never Trade Earnings
• Close: After Open 22 Trading Days

Three Inside Up with RSI (Experience Level: Advanced)

• Open: Three Inside Up and RSI14Days < 60 and Stock < EMA21Days
• Never Trade Earnings
• Close: After Open 22 Trading Days

TradeMachine®'s ProScan tab covers over 30 options strategies and filters back-tests by minimum performance metrics.

This tool helps our members spark new ideas and build their personal alerts portfolio.

Overview of Proscan Strategies:

Covered Calls (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting:
1x long stock
1x short 30 delta call near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: Immediately

Short Put Spread (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
1x short 40 delta put near 30 days to expiration
1x long 10 delta put near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: Immediately

Long Straddles (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta call near 30 days to expiration
1x long 50 delta put near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: Immediately

Bull Squeeze Call Spread (Experience Level: Intermediate)

Open Conditions: Bull Squeeze
Details on Options TradeMachine is Selecting: 2 legs
5x long 90 delta call near 15 days to expiration
5x short 40 delta call near 15 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

Bear Squeeze Put Spread (Experience Level: Intermediate)

Open Conditions: Bear Squeeze
Details on Options TradeMachine is Selecting: 2 legs
5x long 90 delta puts near 30 days to expiration
5x short 50 delta puts near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Bull Squeeze Long Call (Experience Level: Intermediate)

Open Conditions: Bear Squeeze
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 15 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 50%, if losses are above 50%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Bull Mammoth Call (Experience Level: Intermediate)

Open Conditions: Bull Mammoth
Details on Options TradeMachine is Selecting: 1 leg
5x long 70 delta calls near 14 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

Bear Mammoth Put Spread (Experience Level: Intermediate)

Open Conditions: Bear Mammoth
Details on Options TradeMachine is Selecting: 2 legs
5x long 90 delta puts near 14 days to expiration
5x short 50 delta puts near 14 days to expiration
Earnings: Nothing Special
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Technical Long Strangles (Experience Level: Intermediate)

Open Conditions: Stock crosses down through 200 Day SMA, Stock < EMA10Days
Details on Options TradeMachine is Selecting: 2 legs
5x long 40 delta calls near 14 days to expiration
5x long 40 delta puts near 14 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 20%, after the trade is open for 10 trading days, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Bullish Technical Bursts (Experience Level: Intermediate)

Open Conditions: Stock Crosses Up Through EMA 10 Days, Stock > SMA200Days, SMA50Days > Underlying Price, RSI20Days < 70
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 14 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 40%, if losses are above 60%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Bearish Technical Bursts (Experience Level: Intermediate)

Open Conditions: Stock Crosses Down Through SMA 200 Days, Stock < SMA50Days, RSI20Days > 30
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta puts near 14 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 40%, if losses are above 60%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Buy the Dip (Experience Level: Beginner)

Open Conditions: Stock Crosses Up Through SMA 200 Days, Stock > EMA10Days, RSI20Days < 70
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 50%, if losses are above 50%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

Fade the Dip (Experience Level: Intermediate)

Open Conditions: Stock Crosses Up Through SMA 200 Days, Stock > EMA10Days, RSI20Days < 70
Details on Options TradeMachine is Selecting: 2 legs
5x short 40 delta puts near 30 days to expiration
5x long 30 delta puts near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 50%, or at expiration of the options used.
Open Next Trade: At Normal Time

Fade the Dip AI (Experience Level: Advanced)

Open Conditions: Stock Crosses Up Through SMA 200 Days, Stock > EMA10Days, RSI20Days < 70, Skew1Yr > 0, Kurtosis1Yr > 1
Details on Options TradeMachine is Selecting: 2 legs
5x short 40 delta puts near 30 days to expiration
5x long 30 delta puts near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 50%, or at expiration of the options used.
Open Next Trade: At Normal Time

Buy the Sell-off (Experience Level: Intermediate)

Open Conditions: RSI14Days < 25, StockMovePercent <= 0
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 60 days to expiration
1x short 20 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: RSI14Days > 40, or at expiration of the options used.
Open Next Trade: At Normal Time

Bollinger Buy the Dip (Experience Level: Advanced)

Open Conditions: RSI14Days < 30, Stock Price Crosses Down Through Bollinger Bands Lower Band Bollinger Band Setup: SMA 20 Days band width of 2 Standard Deviations
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 60 days to expiration
1x short 20 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

Bollinger Buy the Dip AI (Experience Level: Advanced)

Open Conditions: RSI14Days < 30, Stock Price Crosses Down Through Bollinger Bands Lower Band Bollinger Band Setup: SMA 20 Days band width of 2 Standard Deviations, Kurtosis1Yr > 1
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 60 days to expiration
1x short 20 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

MACD Momentum (Experience Level: Advanced)

Open Conditions: RSI14Days < 40, MACD Fast EMA 12 Days Slow EMA 26 Days > Signal EMA 9 Days
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 60 days to expiration
1x short 20 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

Three Inside Up w/ RSI (Experience Level: Intermediate)

Open Conditions: Three Inside Up, RSI14Days < 60, Stock < EMA21Days
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 60 days to expiration
1x short 20 delta calls near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

Spread the Selloff AI (Put 1x3x2) (Experience Level: Advanced)

Open Conditions: In last 30 Days, stocked moved Down -10% or more, Stock < SMA200Days, Skew6Mo < 0, Kurtosis1Yr < 0
Details on Options TradeMachine is Selecting: 3 legs
1x long 37 delta put near 30 days to expiration
3x short 25 delta put near 30 days to expiration
2x long 10 delta put near 30 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 80%, or at expiration of the options used - close all legs with front of month options
Open Next Trade: At Normal Time

Long Strangles (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
1x long 20 delta call near 7 days to expiration
1x long 10 delta put near 7 days to expiration
Earnings: Only Trade Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: Immediately

7 Days Post, Long Straddle (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
5x long 50 delta call near 14 days to expiration
5x long 50 delta put near 14 days to expiration
Earnings: Custom Earnings: Open Position 1 Day After Earnings, Close Position 7 Days After Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

1 Month Post, Short Put Spread (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
5x long 30 delta puts near 40 days to expiration
5x long 10 delta puts near 40 days to expiration
Earnings: Custom Earnings: Open Position 2 Day After Earnings, Close Position 29 Days After Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

21 Days Post, Short Iron Condor (Experience Level: Advanced)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 4 legs
5x short 35 delta calls near 30 days to expiration
5x short 35 delta puts near 30 days to expiration
5x long 15 delta calls near 30 days to expiration
5x long 15 delta puts near 30 days to expiration
Earnings: Custom Earnings: Open Position 2 Day After Earnings, Close Position 21 Days After Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

1 Day After Earnings Jump, Long Call (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 1 leg
5x long 50 delta calls near 21 days to expiration
Earnings: Custom Earnings: Open Position 1 Day After Earnings, Close Position 14 Days After Earnings, Only trade if the last earnings stock move was: Up 3%
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

1 Day After Earnings Drop, Long Put (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 1 leg
5x long 50 delta puts near 21 days to expiration
Earnings: Custom Earnings: Open Position 1 Day After Earnings, Close Position 14 Days After Earnings, Only trade if the last earnings stock move was: Down 3%
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

1 Month Post, Technical Short Put Spread (Experience Level: Intermediate)

Open Conditions: Stock > SMA50Days, RSI20Days < 70
Details on Options TradeMachine is Selecting: 2 legs
5x short 30 delta puts near 30 days to expiration
5x long 10 delta puts near 30 days to expiration
Earnings: Custom Earnings: Open Position 2 Day After Earnings, Close Position 29 Days After Earnings, Only trade if the last earnings stock move was: Up 0.1%
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

6 Days Pre, Vol Scalp (Experience Level: Advanced)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 4 legs
5x long 50 delta calls near 30 days to expiration
5x long 50 delta puts near 30 days to expiration
5x short 50 delta puts near 7 days to expiration
5x short 50 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 6 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

3 Days Pre, Long Call (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 1 leg
1x long 40 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 3 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

7 Days Pre, Long Call (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 1 leg
1x long 40 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 7 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

14 Days Pre, Long Call (Experience Level: Beginner)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 1 leg
1x long 40 delta calls near 30 days to expiration
Earnings: Custom Earnings: Open Position 14 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

4 Days Pre, Long Straddle (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
5x long 50 delta calls near 7 days to expiration
5x long 50 delta puts near 7 days to expiration
Earnings: Custom Earnings: Open Position 4 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

7 Days Pre, Long Straddle (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
5x long 50 delta calls near 7 days to expiration
5x long 50 delta puts near 7 days to expiration
Earnings: Custom Earnings: Open Position 7 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration. No Technical Close Conditions.
Open Next Trade: At Normal Time

14 Days Pre, Long Straddle (Experience Level: Intermediate)

Open Conditions: No Technical Open Conditions
Details on Options TradeMachine is Selecting: 2 legs
5x long 50 delta calls near 30 days to expiration
5x long 50 delta puts near 30 days to expiration
Earnings: Custom Earnings: Open Position 14 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

3 Days Pre, Long Call Technical (Experience Level: Beginner)

Open Conditions: Stock > SMA50Days
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 7 days to expiration
Earnings: Never Trade Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

7 Days Pre, Long Call Technical (Experience Level: Beginner)

Open Conditions: Stock > SMA50Days
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 7 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

14 Days Pre, Long Call Technical (Experience Level: Beginner)

Open Conditions: Stock > SMA50Days
Details on Options TradeMachine is Selecting: 1 leg
5x long 40 delta calls near 30 days to expiration
Earnings: Custom Earnings: Open Position 14 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: Close if gains are above 40%, if losses are above 40%, or if neither of those are reached at expiration of the options used.
Open Next Trade: At Normal Time

14 Days Pre Bullish Diagonal (Experience Level: Advanced)

Open Conditions: Stock > SMA50Days
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 14 days to expiration
1x long 30 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 14 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time

14 Days Pre Bullish Diagonal AI (Experience Level: Advanced)

Open Conditions: Stock > SMA50Days, Kurtosis1Yr > 1
Details on Options TradeMachine is Selecting: 2 legs
1x long 50 delta calls near 14 days to expiration
1x long 30 delta calls near 7 days to expiration
Earnings: Custom Earnings: Open Position 14 Days Before Earnings, Close Position 1 Day Before Earnings
Close Conditions: At Expiration - Close all legs with front of month options. No Technical Close Conditions.
Open Next Trade: At Normal Time