(W19) Bull Put Spread – Target Profit $522
Disciplined income generation through probability-driven spreads
To follow up on last week’s setup, here’s a quick recap — and the new trade for the upcoming week.
✅ Recap: November 17 to November 21 Trade — Full Profit
Both strikes expired out of the money, delivering the maximum premium for the week.
P/L: +$507 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
👌 Week #12: +$499
👌 Week #13: +$501
👌 Week #14: +$498
👌 Week #15: +$511
👌 Week #16: +$520
🤌 Week #17: Skip
👌 Week #18: +$507
🔁 November 24 to November 28 Setup
Opened: Monday, November 24, 2025
Instrument: QQQ (Invesco QQQ Trust)
Expiration: Friday, November 28, 2025
Sell: 568 PUT @ $0.654
Buy: 543 PUT @ $0.132
Net Credit: $0.522
Contracts: 10
Total Premium: $522
Max Risk: $25,000
Why This Trade Works
As long as QQQ stays above the 568 short strike by expiration, the spread will expire worthless — and I keep the full $510 premium.
If QQQ trades below 568 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 568? → Do nothing. Let it expire.
Approaching or below 568? → 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.