Spectre's Two Hour Trading Newsletter

Spectre's Two Hour Trading Newsletter

Trade ideas for 07-31-26

What a bull trap yesterday. WIll today be the same or this time catch bears offsides?

Jul 31, 2026
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Yesterday buying was so relentless that we didn’t get the dip to 733 for my primary long idea. The open held strong after the initial rally.

I alerted 7420 bear calls which paid 50% and 7380 bull puts later for 2.20 which turned out perfect going to 0.

Members also saw me explain the reasoning and that I expected a secondary rally to new highs after lunch and longs in TSLA and AMD which all ran!

Will SPY clear 750 today?


How to use AlphaOS to recognize shift in momentum

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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.

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  • High-quality trades with excellent reward vs. risk

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SPY Pivot Play: Secure Your Edge at 743

Premarket holds above the daily pivot with reversal setups in focus.

Market Context

The premarket last price is at 743.09, positioned just above the pivot level at 740.43. Price has consolidated in a tight premarket range between 742.79 and 746.55, showing mild bullish bias while respecting the pivot from above. Focus remains on failed breakdown or breakout reversals near this zone rather than chasing distant levels.

Highest Probability Trade Idea

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