RIGGED AI - Docs & Guides
  • 📺What is RIGGED AI?
  • 💻SYSTEM OVERVIEW
    • 🧠CTE 0DTE Trading Method
    • ⭐RIGGED Quick Start Guide
    • ⭐How to use RIGGED AI
    • 🔵The Blue Line Rule
    • ⚠️0DTE Trading Zones
    • 3️⃣The 3-Strike Rule
    • How to Trade 0DTE Options
    • 🎲Win Rate & EDGE Alerts
    • 🎯KTR - Entering Trades
    • 🔊Volume = Tradeability
    • 📕Terminology
    • ⁉️Questions
  • 💹Price Action
    • ↕️0DTE Mean Reversion
    • 💲Trend Sessions
      • 🐂Bull Trend Strategy
      • 🐻Bear Trend Strategy
    • 🏹Perfect Tags
    • 🏓Ping Pong
    • 📙0DTE Rules to Follow (wip)
    • 🪟Window Theory
    • Trading the Open
  • 💸PRICE ACTION
  • 👵Old Stuff
  • Advanced
    • ⚠️High Risk Trades
  • 0DTE Options Guide
    • 🚫The Pattern-Day Trader (PDT) Rule
    • How to Not Blowup Trading 0DTE
    • Trading Rules
  • Case Studies
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  • Skip the Open
  • Trading the Open (Advanced)
  1. Price Action

Trading the Open

First we advise against trading the open, but if you gotta do it then this will probably work.

PreviousWindow TheoryNextHigh Risk Trades

Last updated 4 months ago

Skip the Open

The open (930 - 1030) is when we see the most volatile price action with price quickly moving up or down before completely reversing within minutes.

This happens almost every day in the market due to things like:

  • Pre-market change: if we open significantly higher or lower than the previous close

  • Overnight news & reports: markets will react to CPI reports, earnings releases, geopolitics

  • Positioning for the session: if Wall Street is setting us up for a massive pump, they love to nuke the price first

The open is the most difficult time to trade and not recommended for beginners!

  • 09:50 - Price starts to nuke from the blue line

  • 10:08 - Price has moved 2.5 strikes lower

  • 10:35 - Almost the entire move is retraced

18 minutes to go down 2.5 strikes and then 27 minutes to retrace almost the entire thing.

This happens almost every day in the market.


Trading the Open (Advanced)

From 01/01/24 - 11/13/24 there are 68 trades and using the advanced strategy you're returning 56.07%.

P&L jumps to +66.46% if you only trade QQQ.

Year to date the best performing 0DTE strategy for the open has been SPY & QQQ with 50% WR and over 110.

💹
EDGE ALERTS
Volume
SPY 11/13/24