---
title: "OptionSignal® Index Short Call Spread"
slug: "os-index-short-call-spread"
description: "Learn the OptionSignal® Index Short Call Spread strategy for SPY and QQQ, including bearish signals, profit targets, stop-loss rules, and backtest results. "
tags: ["OptionSignal"]
updated: 2026-09-23T14:39:04Z
published: 2026-09-23T14:39:04Z
canonical: "learn.trademachine.com/os-index-short-call-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 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)

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(191).png)

#### 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**

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(170).png)

#### Earnings Handling for OptionSignal® Index Short Call Spread Strategy:

- [Nothing Special](/v1/docs/earnings-and-trademachine)

#### 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)

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(171).png) ![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(192).png)

#### Open next trade for OptionSignal® Index Short Call 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)

<center>
<p><em><strong>Video Coming Soon</strong></em></p>
</center>

[View Video Transcript]

#### Impact of OptionSignal® on Index Short Call Spread:

![1 yr SPY OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/1%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(3).png)

Statistical Significance:** 99.71%

![1 yr QQQ OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/1%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(2).png)

Statistical Significance: 96.73%

Backtest Links

[No Model](https://www.trademachine.com/index.php?share_key=20260113_k8Is0BXVnn5vTAn6) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260113_CDUYD8iOnjh4cJaD)

![2 yr SPY OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/2%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(2).png)

Statistical Significance: 99.98%

![2 yr QQQ OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/2%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(1).png)

Statistical Significance: 99.48%

Backtest Links

[No Model](https://www.trademachine.com/index.php?share_key=20260113_uTSd5nsI2TkfXO8S) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260113_euUiVxKhwzXm8elL)

![3 yr SPY OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/3%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(1).png)

Statistical Significance: 100.00%

![3 yr QQQ OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/3%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(1).png)

Statistical Significance: 99.96%

Backtest Links

[No Model](https://www.trademachine.com/index.php?share_key=20260113_GJODzfltYJviHnqj) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260113_tU5ccbkA0hDHi4s8)

![5 yr SPY OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/5%20yr%20SPY%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(1).png)

Statistical Significance: 100.00%

![5 yr QQQ OptionSignal® Index Short Call Spread.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/5%20yr%20QQQ%20OptionSignal%E2%84%A2%20Index%20Short%20Call%20Spread(1).png)

Statistical Significance: 99.98%

Backtest Links

[No Model](https://www.trademachine.com/index.php?share_key=20260113_eLmUN2ki0YngdVT2) [OptionSignal®](https://www.trademachine.com/index.php?share_key=20260113_7Bmqa6OdnsnaLrlU)

## Related

- [Getting Started with OptionSignal®](/getting-started-with-optionsignal.md)
- [OptionSignal® Strategies](/optionssignal.md)
- [OptionSignal® Introductory Webinar 1/17/2026](/optionsignal-introductory-webinar-1172026.md)