Shownotes
This week on the Stock Market Options Trading Podcast, Eric O’Rourke breaks down the current SPX market pullback, key support levels, upcoming FOMC minutes, and why Nvidia earnings could be a major catalyst for the broader market and AI trade.
Eric also shares how the recent uptrend has continued to favor SPX put credit spreads, how the Alpha Crunching 7-day strategy has been performing, and what traders should be watching heading into the summer market environment.
Topics include:
- SPX support and resistance levels
- Nvidia earnings and AI stock momentum
- FOMC minutes and interest rate expectations
- Zero gamma and put wall discussion
- Trading SPX put credit spreads in an uptrend
- Managing profits and pullbacks
- Current market sentiment and positioning
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Inside Alpha Crunching you'll find:
- Weekly SPX trade ideas
- 0DTE TSE trade alerts
- Backtested options strategies
- Discord community & live discussion
- SPX market forecasts and research