[ Private Beta ] - Welcome to the beta! (more like alpha)

Welcome to the beta! (more like alpha)

Thank you for the support and we’re excited to deliver the best options alert service built by degens, for degens in search of sweet tasty gains.

Disclaimer before we get started:

This is the alpha! We didn’t even build a user signup functionality yet and had to add and email everyone manually. The app may break during the day because we’re constantly shipping updates and taking in thousands of data points every minute and the 69 cent per hour dev shop can only do so much!

Also… these trades are extremely volatile. If you’re new to trading options (especially 0dte) then being aggressive taking profits is probably a good idea and we won’t even call you weak, weesh or feminine.

Where to go in the app:

Push and email notifications will be rolled out shortly but for now the place to look is the $SPY feed (the algo is better here than QQQ for now).

During the day it will look something like this…

Market Status:

Price is obvious.

Market flow calculates the combined net premium of all the options traded in SPY to determine if flow is bullish or bearish. What you’re looking for here is last update.

Example: If market flow flips bearish and then five minutes later we fire an alert for a bear bomb, then that’s a very strong signal to buy puts.

Money and contracts shows overall positioning for SPY options. It calculates the total amount of puts versus calls and more importantly where the money is.

Example: Yesterday in a rip for the ages, the number of contracts was skewed towards the bears but the money (smart money normally) was all bullish. We went up and put buyers got slammed.

Price and Alerts:

We use a simple chart for the price of SPY with alerts pinned to the minute they happen. The price feed will also show smaller events with a minimum score of 300.

Sometimes smart money will build a position in smaller sizes, so you may see multiple bull or bear events in a short time frame (5-10 min). This is often happens when price action is flat (not moving in one direction or the other) and is another +EV trade to take.

Example: At 10:30am there is a 314 bull bomb, 10:33 am there is a 320 bull bomb, 10:38 there is a 400 bull bomb and SPY price is flat. Follow the money and buy a call.

Alert Feed:

Each time RIGD AI detects unusual options activity, the feed will update with a BULL (calls) or BEAR (puts) Bomb.

The algo weighs numerous factors like the size of the trade, time of session, type of order, etc and then assigns a score. The higher the score, the stronger the alert.

RIGD AI only sends alerts for a score of 500+.

Putting it all together…

If you’re just starting out, then following bombs with a 500+ score is probably the best strategy. We just connected live option contract data and will soon show in our dashboard the historical returns for trading each alert separated by numerous factors like time of day and side. From what we’ve seen so far, these have anywhere from a 70-80% hit rate (were profitable at any time) but the AI will improve to include this based on your max loss settings.

Important tips and strategies:

First start by reading the guide if you haven’t already.

Even smart money chases moves… so if SPY is at the low or high and you see a bomb fire, it’s best to avoid the trade or in most cases fade it (go the other way).

The BEST TRADE to take is always the end of the day rally. This usually starts at 14:00. If we fire a bull bomb in this timeframe and price is at a low, this is the moment where legends are made and you can catch a 7-8x for at the money calls or a 30x if you buy 1% out of the money and we hulk dick straight up.

A lot of stuff is coming:

This is very much the alpha or even pre-pubescent alpha product.

Ultimately we’re going to take signals like market flow and option sweeps and match them to the SPY price action with backtesting, so the AI can make better recommendations on when to buy and when to sell.

For now - take profits aggressively and trades sparingly (wait for the good ones).

Leave your macro podcast bullshit at home and follow the smart money.

We’ll open a discord room later today to get feedback, answer questions and give out zero financial advice.

Thanks again!

Stay frosty.

thanks for reading THE REPORT by RIGD AI

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