Opening Range Options Strategy
Trading Strategy Overview
The Opening Range Options Strategy identifies high-probability trading opportunities by monitoring price action during the critical first 15 minutes of market trading. By capturing breaches of the opening range, traders can position themselves for potentially profitable options trades.
Key Components
- Opening Range (OR): High and low prices from 9:30-9:45 AM
- Range Size: Typically around 20 points for SPX
- Breach Triggers: Entry signals above OR high (calls) or below OR low (puts)
- Options Strategy: 5-point wide debit spreads with long options 15 points OTM
- Retreat Zone: Fibonacci retracements (38.2%-61.8%) for pullback entries
What You'll Learn
- How to identify the most profitable opening range setups
- The exact times to monitor for optimal trade entries
- Which technical indicators provide the strongest confirmation
- Proprietary profit-taking techniques for maximum returns
- Risk management frameworks to protect your capital
Daily Preparation
The strategy includes a comprehensive preparation checklist that ensures you're ready to capitalize on the day's best opportunities. Our systematic approach helps you identify ideal trading conditions before the market opens.
Risk Management Guidelines
- Risk 1-2% of account per trade
- Take partial profits when options go in-the-money
- Move remaining position to breakeven after first target
- Use caution on major news days and economic releases
Strategy Highlights
Bullish Breakout Strategy
Discover how to capitalize when price breaks above the Opening Range high with our carefully crafted options approach.
Bearish Breakout Strategy
Learn the precise setup for profiting when price breaks below the Opening Range low using our tested methodology.
What Makes This System Different
- Specifically optimized for SPX options trading
- Clear, objective entry and exit criteria
- Proprietary confirmation techniques
- Complete risk management framework
- Proven track record of success
Key Success Factors
- Trade in the direction of the broader market trend
- Consider the market context and overall volatility
- Manage risk consistently with proper position sizing
- Recognize when to avoid trading (news days, low volatility)
- Track your results to refine your approach over time