To follow up on last week’s setup, here’s a quick recap — and the new trade for the upcoming week.
✅ Recap: Sep 26 to Oct 03 Trade — Full Profit
Both strikes expired out of the money, delivering the maximum premium for the week.
P/L: +$517 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
👌 Week #11: + $517
🔁 October 03 to October 10 Setup
Opened: Friday, October 03, 2025
Instrument: QQQ (Invesco QQQ Trust)
Expiration: Friday, October 10, 2025
Sell: 583 PUT @ $0.73
Buy: 558 PUT @ $0.22
Net Credit: $0.51
Contracts: 10
Total Premium: $510
Max Risk: $25,000
Why This Trade Works
As long as QQQ stays above the 583 short strike by expiration, the spread will expire worthless — and I keep the full $510 premium.
If QQQ trades below 583 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 583? → Do nothing. Let it expire.
Approaching or below 583? → Close and initiate fallback plan.
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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.
Nice risky play, Mansur! 😃
What’s your reasoning behind selecting these strikes and delta? :)