V3 WITH MORE ADJUSTMENTS AND TRADES SPX INTRADAY DAILY EXPIERY OPTIONS WRITING WITH STRONG HEDGE

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: $1000
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:  94a2821d-6e52-4704-ac14-9e1cd34987f9  (can  use instead of paper trading without using free deployment slot, CAN SEE PREVIOUS DAYS TRADES AND REPORTS THROUGH SHARED CODE )

Important Note

1. Algo continuously scans the opening order flow, runs advanced calculations, and intelligently picks spreads engineered to decay rapidly in the initial market hours—so it must be deployed strictly before the market opens.

   This smart strike engine is built to hunt for options that are statistically more likely to drift toward zero early in the session, allowing the algo to exploit short-lived intraday premium inefficiencies with precision.

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.
4. No guarantee or profit claim is made

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: 94a2821d-6e52-4704-ac14-9e1cd34987f9
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.
7.  note: using shared code you can see deployment and trades like paper trade without using your free slots,

Description is provided by the creator. Tradetron does not endorse any strategy; review the composition and your own risk limits before subscribing.