Option Alpha

…Bots + Breakfast. Trade SPX at the Open with Me.

The video documents a May 11 trading session where the S&P 500 surged to a new all‑time high of 7,412, prompting the creator to run several pre‑programmed bots alongside his routine manual spreads. He walks through each bot’s performance: the 15‑minute opening‑range long‑call bot secured a small profit in two minutes, while the flat‑flyer iron‑butterfly bot failed to enter because its $9.65 credit floor was too restrictive for the day’s pricing. A 30‑minute opening‑range put‑credit spread was placed and later closed profitably, and a 60‑minute breakout bot waited for a higher‑high before considering a trade. In addition, his disciplined manual trade at 10:30 ET—a five‑wide put‑credit spread—hit a 45‑cent profit target within ten minutes, illustrating his “world’s easiest trades” routine. Key data points include two bot‑generated wins, one manual win, and a missed opportunity due to mis‑aligned credit requirements. He emphasizes tight profit targets (often 45 cents) and one‑times‑risk stops, and shows how his “Yen study,” a 50‑period simple moving average over a one‑minute ES chart, guides entry timing and filters out over‑extended moves. A memorable quote underscores his confidence: “I’ve been trading that trade for over two years… without fail.” The trader also reveals his systematic approach: every Monday, Wednesday, and Friday at 10:30 ET he places a five‑wide put or call credit spread, using the moving‑average study to confirm price‑action alignment and avoiding trades when price sits above his purple over‑extension lines. This blend of automation and manual precision aims to capture micro‑profits while limiting exposure. For the audience, the session illustrates that even on record‑high market days, disciplined, rule‑based bots combined with simple, repeatable manual spreads can generate consistent returns. It also highlights the need to fine‑tune bot parameters—such as credit thresholds—to avoid missed opportunities, and the value of a clear, visual support system for timing entries.