SPY Trade ideas for 05-20-26
Spectre Special yesterday delivered 1500% plus our credit sells went to 0 (full profit)! Will today's gap up hold or sell?
Yesterday’s primary for a long off 732 was spot on! however on had to wait for that support at 731.50 to be establish and then the push higher was clean for a one level move up.. Given the expected dip, I alerted bear calls that paid nicely.
Once that was exhausted I alerted to members that i’m hawking bear calls again around 2:30 as well as naked puts (a rare choice for me these days) But why? because I say a good probability of 300-1000% gain!
We have the volatility that those gains are back at the moment.
Let’s get into today’s ideas.
How to use AlphaOS to recognize shift in momentum
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.
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 Levels: Lock In Your Edge Today
Premarket at 736.45 sets up failed breakout reversals above the pivot.
Market Context
SPY closed the prior regular session at 733.76 and opened premarket trading at 734.30. The latest premarket close sits at 736.45, holding above the 734.49 pivot and pressing toward the 737.46 resistance. Price action shows a mild bullish bias with repeated tests of the upper premarket range, favoring failed breakout reversals on any quick push through 737.46.
