Strategy description

SPX Intraday Option Selling Strategy

This is a directional intraday option selling strategy on SPX, executed strictly using spread structures. Strike selection varies dynamically based on prevailing market conditions.

Strategy Specifications

1. Underlying: SPX
2. Trade Type: Intraday Only (No Overnight Positions)
3. Structure: Spread-Based Option Selling
4. Approach: Directional
5. Strike Selection: Adjusted dynamically as per market condition
6. Stop Loss: $300
7. Target Exit:
   1. When sold premium reaches $0.03
   2. Or at 3:50 PM US Time (time-based exit)
8. Entry: Triggered only when predefined market conditions are met

Shared Code

1. Shared Code: 7089332c-314a-4f9b-a405-2cd0b8959213

Important Note

1. No guarantee or profit claim is made.
2. It is strongly recommended to run the strategy in paper trade mode before going live.
3. Deploy live only after full satisfaction and understanding of the risk.

How to Use the Shared Code

1. Login to Tradetron through the web platform.
2. Click on Profile on the right side of the page and select Manage Shared Code.
3. In the Shared With Me section, paste the code: 7089332c-314a-4f9b-a405-2cd0b8959213
4. Go to the Deployed Strategies page.
5. Change the filter from Self to Shared With Me.
6. You will be able to view and deploy the shared strategy.