To follow up on last week’s setup, here’s a quick recap — and the new trade for the upcoming week.
✅ Recap: Sep 19 to Sep 26 Trade — Full Profit
Both strikes expired out of the money, delivering the maximum premium for the week.
P/L: +$536 net (after entry commissions).
📊 Logged in Trade Log
🔗 View on OptionStrat
📈 Performance So Far
👌 Week #1: + $255
👌 Week #2: + $171
👌 Week #3: + $554
👌 Week #4: + $524
👌 Week #5: + $501
👌 Week #6: + $504
👌 Week #7: + $504
👌 Week #8: + $497
👌 Week #9: + $501
👌 Week #10: + $536
🔁 September 29 to October 03 Setup
Opened: Monday, September 26, 2025
Instrument: QQQ (Invesco QQQ Trust)
Expiration: Friday, October 03, 2025
Sell: 584 PUT @ $0.64
Buy: 559 PUT @ $0.11
Net Credit: $0.53
Contracts: 10
Total Premium: $530
Max Risk: $25,000
Why This Trade Works
As long as QQQ stays above the 584 short strike by expiration, the spread will expire worthless — and I keep the full $530 premium.
If QQQ trades below 584 during the week, I’ll monitor closely and manage accordingly — with a possible early exit or transition into the recovery phase (LEAPS + covered calls).
Management Plan
Above 584? → Do nothing. Let it expire.
Approaching or below 584? → Close and initiate fallback plan.
❤️ Support the Project
This Substack is free to read.
If you find value in the posts and want to support consistency,
you can do so 👉 by donating here 👈
Thanks for reading. Let’s build better trades.
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.