Episode 183

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Published on:

14th Apr 2026

183: This Week in Options Trading: Back Above 6900—Now What?

🔗 Links & Resources

👉 Alpha Crunching (SPX Options): https://alphacrunching.com

👉 Brian Terry’s COIN Group: https://www.stockmarketoptionstrading.net

👉 Podcast Episodes: https://www.stockmarketoptionstrading.com

👉Latest YouTube video: https://youtu.be/qe_F_GE5Pqo

In this episode, Eric O’Rourke and Brian Terry break down a wild stretch in the S&P 500, with the market ripping higher despite ongoing macro uncertainty and headline-driven volatility.

They dig into what’s actually driving the move, why traditional indicators like the 200-day moving average aren’t carrying the same weight, and how traders can navigate a market that’s shifting quickly between fear and momentum.

You’ll also hear insights on:

  • Why this rally may be more about positioning than fundamentals
  • The role of contrarian indicators like the put/call ratio and fear index
  • How short-term options traders are adapting in this environment
  • Real trade examples and how risk/reward is being managed right now

If you’re trading SPX options or just trying to make sense of this market, this episode gives you a grounded, real-time perspective from two active traders.

Trading is better when you’re not going it alone—plug into the communities above to stay connected and keep improving.

Listen for free

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About the Podcast

Stock Market Options Trading
A retail trader's guide to consistent profits.
The Stock Market Options Trading Podcast is hosted by Eric O’Rourke, founder of https://AlphaCrunching.com, where a growing community of traders focus on short-duration SPX options strategies using a data-driven approach.

Join our podcast community over at https://www.stockmarketoptionstrading.net to improve your stock and options trading skills.

Check out the SMOT YouTube channel for quantitative options strategies and education here: https://www.youtube.com/stockmarketoptionstrading

For the Conservative Options Income Network run by Brian Terry:
https://www.stockmarketoptionstrading.net/spaces/12282222

About your host

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Eric O'Rourke