Frequently Asked Questions
Please reach us at membership@spxverticaloptions.com if you cannot find an answer to your question.
You will receive a response within 24 hours.
Each morning, you will receive an email alert featuring our projected market direction, including specific contract details, strike prices, and precise limit prices for both opening and closing positions. To capitalize on peak market volatility, the majority of our signals are issued within the first 30–60 minutes of the trading session. For full transparency, our live ledger is updated daily after the closing bell, allowing you to track our profit and loss performance in real time.
Manual Trading
When you receive a trading alert in your email, you should sign in to your brokerage account immediately and locate the corresponding option contract in the SPX options chain. The alert will provide details of the specific contracts and strike prices being traded, as well as the limit price.
Auto Trading
Trades will automatically be executed on your behalf. (Please make sure to set your appropriate risk level.)
While we don’t offer automated trading directly, we have partnered with reputable third-party services like Global AutoTrading and Autoshares. This partnership allows you to automate your trading with our strategies.
Once you have signed up for our service, you can open an account with either of our partners and subscribe to our newsletter. This integration provides a more hands-off approach to trading, allowing our strategies to be executed automatically on your behalf.
Selling 0DTE (Zero Days to Expiration) options are financial contracts that expire on the very same day they are bought or sold, meaning their entire trading life lasts just one session. This incredibly short timeframe causes their value to decrease very quickly, which benefits the seller as the option’s premium erodes rapidly. However, it also makes them extremely sensitive to small price shifts in the underlying asset, which is usually a major stock index like the S&P 500. While selling 0DTE options offers the chance for fast profits through premium collection, they are very risky and can lead to significant, rapid losses if the underlying asset moves unexpectedly against the seller’s position.
A vertical spread is a strategy used in options trading where an investor buys and sells options with the same underlying asset and expiration but at different strike prices. The options are either put or call contracts and have a predetermined profit or loss. This directional strategy involves simultaneously buying and selling options of the same size.
Investopedia.com and YouTube are great if you are new to options trading or want to learn more about selling credit spreads.
For manual trading, our personal favorite is Schwab, with the Thinkorswim platform.
For autotrading, you are limited to Autoshares or the brokers in use by Global AutoTrading. Please refer to the service provider’s website to view their current list of brokers.
First you will need to calculate how much risk you are going to put on each trade in your personal strategy. We recommend 10% risk per trade.
Ex- balance is $10,000. Risk @ 10% = $1,000 / $250 per contract= 4 contracts to trade (B*R)/$=C
(balance times risk divided by the cost of each contract= # of contracts to trade)
Please add tradedesk@spxverticaloptions.com to your contact list and turn on your notifications so you don’t miss a trade alert.
We offer a full refund on the 1 Month Membership if it is canceled within the 14-day trial period for new customers only. With the sensitivity and nature of the information. Please note that refunds will not be issued for partial months for existing customers. In the event that you need to cancel a 3 or 12-month subscription, please be aware that your account will be billed at the current 1-month rate for each month the subscription was active (including partial months). All remaining full months will be prorated and refunded.
For all cancellation requests, you will need to email us at membership@spxverticaloptions.com to cancel.
Please note:
All payments are final, and we do not offer refunds for charges that have already been processed. It is your responsibility to manage your account and request a cancellation before your next billing date to avoid unwanted charges.
