Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

SPY Trade ideas for 05-22-26

SPY 750 today? Or profit taking ahead of weekend?

May 22, 2026
∙ Paid

Yesterday’s main idea was to get long was still t get long but where… we didn’t dip 734s and we were basing on 737 and we looked somewhat like a pin.

So at rejection of highs I alerted 7450 bears calls and at bounce off lows 7350 bull puts. That all went to 0 by end of day. Essentially we did an Iron Condor!

As a general I take profit at 0.05-0.30. depending on action and place orders in advance on these credit sells. That process saved me! because 7450 spiked fo over $20 after lunch, but by end of day they went back to 0!

Remember to be process driven!

This morning SPY ripping to 747.. can it clear?


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.


Premarket Edge: Nail Failed Reversals Today

Spot the setups near 746.89 before the bell rings.

Market Context

Premarket closed at 746.89, sitting just below the 748.82 resistance after a steady grind higher from the 742.93 pivot. Price has held above the prior session close of 742.75 with light volume, suggesting buyers remain in control but face immediate supply overhead.

Highest Probability Trade Idea

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