👉 Read the Trend Spread Engine article here:

https://www.alphacrunching.com/blog/spx-0dte-options-trading-using-the-trend-spread-engine-to-find-high-probability-intraday-windows

In this episode, I expand on a concept Brian Terry shared in Episode 174 about entering iron condors one side at a time — waiting for rallies to sell calls and pullbacks to sell puts.

That idea of patience and better positioning really resonated with me… and I’ve started applying it directly to my SPX 0DTE trading.

After launching the Trend Spread Engine in Episodes 172 and 173, we’ve been tracking every 0DTE credit spread posted throughout the day and compiling weekly performance reports. We’re seeing certain morning time blocks show 90%+ expiration win rates.

But here’s the key:

High probability doesn’t mean you need to enter immediately.

Instead of chasing the alert the moment it posts, I’m marking those statistically backed strike levels on my chart and waiting for volatility to give me a better entry — either higher strikes or better credit.

In today’s volatile market, patience can mean:

1. Better distance from price
2. Higher probability positioning
3. Improved risk/reward structure
4. Less emotional trading

This applies whether you’re trading 0DTE, 7DTE, or 30+ days to expiration.

If you trade credit spreads, this episode will help you think differently about execution and timing — especially in fast-moving markets.

Referenced Episodes:

1. Episode 174 – Brian Terry’s Breakeven Iron Condor Strategy
2. Episodes 172 & 173 – Introduction to the Trend Spread Engine

As always, trade smart and manage risk.

In this episode, I’m joined by Brian Terry to break down a breakeven iron condor strategy he’s actively trading right now.

Brian walks through how he enters the call side and put side separately, targeting equal credits on each side with 7 days to expiration. The key twist? He uses a 200% stop on each side, which means if one side gets stopped out, the trade is designed to be roughly breakeven overall.

We talk through:

1. Why separating entries can improve flexibility
2. How the 200% stop changes the risk profile
3. Why this works well on SPX, and how newer traders can adapt it to SPY for smaller size
4. The mindset behind trading income strategies defensively, not emotionally

Brian runs the Conservative Options Income Network (COIN) over at https://stockmarketoptionstrading.net, where you can start a 14-day free trial and see his real trades, including the strategy discussed in this episode.

If you’re interested in structured, rules-based options income strategies, this is a great one to study.

Earnings season can be one of the biggest drivers of volatility in the stock market—and understanding how stocks behave around earnings is critical for options traders.

In this episode, I’m joined by Dan to talk about trading earnings and a tool he uses called Earnings Watcher. We break down the basics of volatility around earnings announcements, common patterns traders look for, and how Earnings Watcher helps stay organized while analyzing historical price and volatility behavior around earnings events.

Whether you actively trade earnings or just want a better understanding of how earnings impact the broader market, this conversation will help put the process into context.

🔗 Earnings Watcher: https://earnings-watcher.com/pricing_smot