(W24) Bull Put Spread – Target Profit $520

Consistency comes from disciplined, probability-driven decisions.

To follow up on last week’s setup, here’s a quick recap — and the new trade for the upcoming week.

---

---

✅ Recap: December 19 to December 26 Trade — Full Profit

Both strikes expired out of the money, delivering the maximum premium for the week.

P/L: +$519 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
👌 Week #19: +$513
👌 Week #20: +$512
👌 Week #21: +$512
👌 Week #22: +$514
👌 Week #23: +$519

---

🔁 December 29 to January 02 Setup

Opened: Monday, December 29, 2025
Instrument: QQQ (Invesco QQQ Trust)
Expiration: Friday, January 02, 2026

Sell: 608 PUT @ $0.62
Buy: 584 PUT @ $0.10

Net Credit: $0.52
Contracts: 10
Total Premium: $520
Max Risk: $24,000

👉 View on OptionStrat

---

Why This Trade Works

As long as QQQ stays above the 608 short strike by expiration, the spread will expire worthless — and I keep the full $520 premium.

If QQQ trades below 608 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 608? → Do nothing. Let it expire.

Approaching or below 608? → 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.