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whats up everyone its eric with optionedge and today i want to show you uh a strategy that ive been using in the uh s p 500 spyder etf spy um and this let me give you the breakdown of the strategy uh youre selling put credit spreads in this spider the sp s p 500 uh spider uh and im ive been using ive been selling the 40 delta and buying the 30 delta put okay and ive been setting it to one day x free um so the s p 500 has uh monday wednesday and friday they have x uh each each day they they expire they have uh contracts that expire so its better than than weekly options are more frequent than weekly options um and yeah were just opening up a put credit spread but here is the technicals okay we open this put credit spread when the s p 500 is above the one standard uh deviation bollinger band okay so lets go over to the chart so chart chart chart lets go over the chart so here we have the s p 500 as you can see this is the normal uh what the normal bollinger band looks like so