Single MA Pullback – Producers Trade

How to Use the “Single MA Pullback – Producers Trade” Indicator

This indicator helps options traders identify high-probability CALL and PUT signals based on price reacting to a single moving average.

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✅ How It Works
• Select your preferred MA type (EMA, SMA, WMA, VWMA) and length.
• A Buy signal (CALL) is generated when price crosses above the MA.
• A Sell signal (PUT) is generated when price crosses below the MA.
• Visual arrows mark each signal, and a label suggests an option contract with strike and expiration.

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🧠 Features
• Strike prices are automatically calculated ~1% out of the money.
• Expiration dates target the next Friday, based on the current day of the week.
• Symbol-specific strike rounding (e.g., 1 for SPY/XSP, 5 for most stocks).

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📆 Expiration Date Notes
• Expiration dates shown in the label are based on a best-estimate to the next Friday.
• Depending on the time of day or day of week, the date may be off by one day.
• Always verify expiration dates on your trading platform before placing a trade.

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📌 Important Tip on Expiration

A further out expiration is almost always a better idea — especially for:
• Avoiding time decay (theta)
• Holding through small pullbacks
• Letting your trade develop with less pressure

Even when the label suggests a short-dated contract, you can manually choose a longer expiration (e.g., 2–3 weeks out) for added safety and flexibility.

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📈 Trading Suggestions
1. Green arrow = CALL setup. Red arrow = PUT setup.
2. Labels include trade type, strike price, and suggested expiration.
3. Confirm the signal with volume, price structure, or catalyst.
4. Manage your risk with proper sizing and optional stop-loss/target planning.