OID + DOM Options Playbook (Strict + Loose Execution Modes)

Description: This script combines two complementary execution modes for options traders:

VOID Stack (strict sniper)

15m chart, EMA 20/50 bias filter

Liquidity sweep confirmation (lookback 20)

ATR filter OFF

Designed for high‑conviction setups (ATM contracts, 5–10 DTE, ~0.50 delta)

Dominion OX Core (loose flow)

5m chart, EMA 10/30 crossovers

ATR breakout filter ON (1.0 baseline)

Sweep OFF (breakout‑based logic)

Designed for frequent momentum trades (OTM contracts, 1–3 DTE, ~0.30–0.40 delta)

Overlap (conviction trades)

When VOID + DOM align in the same direction

ATM contracts, 7–10 DTE, conviction sizing

📊 Features

Plots VOID and DOM signals separately

Highlights overlap zones for conviction trades

Labels include suggested contract type, delta, and DTE window

Underlying TP/SL levels plotted for context

Works on any optionable underlying (SPY, QQQ, TSLA, F, NIO, etc.)

🎯 How to Use

Load two instances of the script:

VOID Stack on 15m

Dominion OX Core on 5m

Follow the signal rules:

VOID = strict, rare, high‑conviction setups

DOM = frequent, smaller‑size momentum trades

Overlap = conviction trades (press size)

Select contracts based on mode:

VOID → ATM, 5–10 DTE

DOM → OTM, 1–3 DTE

Overlap → ATM, 7–10 DTE

Manage risk with % stops on premium (VOID −20/25%, DOM −15/20%, Overlap −25%).

📊 Options Terminology Breakdown
DTE (Days to Expiration)

Definition: How many calendar days remain until the option contract expires.

Usage in Playbook:

VOID strict: 5–10 DTE (safer, less decay, smoother premium).

DOM loose: 1–3 DTE (cheaper, faster movers, more decay).

Overlap: 7–10 DTE (conviction trades, balance of juice + safety).

ATM (At The Money)

Definition: Strike price is closest to the current stock price.

Delta: ~0.50 (moves about $0.50 for every $1 move in the stock).

Usage in Playbook:

VOID strict: ATM contracts for directional conviction.

Overlap: ATM contracts with size for conviction trades.

OTM (Out of The Money)

Definition: Strike price is away from the current stock price.

Example: Stock at $10 → $12 call or $8 put = OTM.

Delta: ~0.30–0.40 (moves less per $1 move, but cheaper).

Usage in Playbook:

DOM loose: OTM contracts for quick bursts and cheap entries.

✅ Quick Reference Table
Term Meaning Delta Range Best For
DTE Days to Expiration N/A VOID = 5–10, DOM = 1–3, Overlap = 7–10
ATM At The Money (strike ≈ stock price) ~0.50 VOID strict & Overlap
OTM Out of The Money (strike away from stock price) ~0.30–0.40 DOM loose

⚡ Bottom line:

VOID = ATM, 5–10 DTE

DOM = OTM, 1–3 DTE

Overlap = ATM, 7–10 DTE


⚠️ Disclaimer

This script is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a guarantee of results. Options trading involves significant risk and is not suitable for all investors. Always do your own research and trade responsibly.