Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

SPY / SPX Trade idea for 04-07-26

Today is Trump's deadline. Will market TACO?

Apr 07, 2026
∙ Paid

Yesterday was difficult for naked option traders. For Credit sellers, we had 3 easy trades. 1 bear call and 2 bull puts.
Trade 1: $1.30/0.80 credit (0.80 with size)
Trade 2: $0.70 credit
Trade 3: $2.70 credit

Precision planning of spikes in price for entry :)


How to use AlphaOS to recognize shift in momentum

Get THT PRO + Edge Trade Planner

Process = Profits

Lately I’ve been doing the following:

Premarket establish where we likely wont reach. Sell premium for 0.8-0.60 on open.

After 11: second positioning of credit sells.

After 3:30: start hawking/planning for a Spectre Special

What’s a Spectre Special? A yolo trade that goes 300-1000% in under 30 min.

FREE LESSON on catching End of Day Exhaustion


If you are tired of overtrading, not knowing how to plan trades, and want to make more in less time, come join us.

Get THT PRO + Edge Trade Planner


What is Two Hour Trading?

Two Hour Trading is my system for finding and executing trades while spending less than two hours a day trading. My goal is to earn 100-300% on the capital I risk while waiting for 1000%+ gain trades to set up. Key benefits include:

  • High-quality trades with excellent reward vs. risk

  • Avoiding overtrading and losses from it

  • Trading to win vs. trading not to lose

  • Stacking the deck in your favor


If you are busy and want to see my commentary and ideas in real time consider joining THT-PRO.


SPY Breakout Trap: Survive 660 Test

Premarket bounce signals failed breakdown reversal potential

Market Context

SPY premarket closed at 656.13, sitting just below pivot at 656.92 after ranging between 653.91 low and 660.36 high. Recent 5-day data shows choppy action with multiple failed breakouts above 658 and breakdowns below 655, forming a tight consolidation bias toward range-bound trading unless volume confirms direction. Previous close 655.31, multi-day high 660.36, low 629.28; current price holds above key supports but tests resistance cluster.

Key Events Today

No major events scheduled today, potentially leading to range-bound action.

Key Levels and Their Significance

User's avatar

Continue reading this post for free, courtesy of Spectre.

Or purchase a paid subscription.
© 2026 Spectre Trades · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture