Multiple Bear Setups
📉 Four spreads entered. Details logged. Full breakdown on exit.
The Friday selloff followed by Monday’s technical bounce created what I saw as multiple opportunities to structure bearish positions across 1–2 week windows.
I took them.
1. Bear Put Spread — HOOD
Expiration: October 24, 2025
Structure: Bought $144 PUT / Sold $139 PUT
Contracts: 2
Entry debit: $2.44 per contract
Max risk: $488
Max profit: $512
2. Bear Put Spread — MU
Expiration: October 24, 2025
Structure: Bought $190 PUT / Sold $185 PUT
Contracts: 3
Entry debit: $2.25 per contract
Max risk: $675
Max profit: $825
3. Bear Put Spread — SMH
Expiration: October 24, 2025
Structure: Bought $340 PUT / Sold $335 PUT
Contracts: 2
Entry credit: $2.19 per contract
Max profit: $438
Max risk: $562
3. Bear Call Spread — GLD
Expiration: October 17, 2025
Structure: Sold $393 CALL / Bought $398 CALL
Contracts: 22
Entry credit: $0.24 per contract
Max profit: $528
Max risk: $10,472
Why Now
Friday’s market dropped hard. Monday brought a relief bounce — but that bounce painted textbook technical retracements on several names that had already been weakening structurally.
That combination — sharp down followed by mechanical up — often sets clean entry zones for bearish spreads with near-term expirations.
I’m exhausted. Logging entries only today.
Post-mortems and reflections will come on exit.
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Disclaimer
All content is for informational purposes only and does not constitute financial advice.Any trades or strategies should be tested in a simulated environment before use.Trading involves risk, and all decisions are the sole responsibility of the reader.
Closed today:
HOOD: https://optionstrat.com/SIXlLoMt6Kre
SMH: https://optionstrat.com/XyrnbEGnDUPc
MU: https://optionstrat.com/qSRbqjfFPQ32