10 Delta Playbook

10 Delta Playbook

10-Delta Spreads

⚠️ Max Loss: Bear Call Spread – MU Closed ITM

📈 Momentum expansion continued far beyond the expected exhaustion zone.

Mansur Kuchkarov's avatar
Mansur Kuchkarov
May 11, 2026
∙ Paid

The May 4 MU setup ended at maximum loss after Friday’s move pushed far beyond the short strike into expiration.

Up until Thursday, the trade was behaving relatively нормально. Momentum was still strong, but price action started slowing down a bit after the initial gap, with a doji forming near the highs.

That changed quickly on Friday.

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