@pepemoonboy That’s textbook execution right there! Getting paid to wait for a price you actually want is the ultimate win-win. Beautiful trade, congrats on the +$508!
Selling premium on $NOW.
Bull Put Spread loaded:
📉 Strikes: Short 85 P / Long 75 P
📅 Expiration: July 10, 2026
💰 Credit: $84 (9.17% / 115.42% p.a.)
🛡️ Max Risk: $916
S&P 500 company with strong growth guidance under pressure now.
Size: 1 spread/$50k.
#Options#StockMarket
@LEAPTRADER_ Awesome cheat sheet. For premium sellers, mastering Theta and Vega is way more important than just guessing the direction. Thanks for sharing! 📈
@JasonL_Capital This is exactly why people say LEAPs are a smart alternative to buying stock. $4.34 premium turned into 54.50. You controlled 1,000 shares of IREN for a fraction of the cost, completely shifting the risk-to-reward ratio. Absolute textbook execution. 📈🎯
@OptiontradinIQ Spot on, Gavin. 💯 With an iron condor, time decay is your friend until delta risk catches up. Managing the exit is where the real edge is.
New Trade: Bull Put Spread on $SMCI 📈
🔹 Strikes: Short 34P / Long 29P
🔹 Expiry: 7/02/2026
🔹 Credit: $98 (172.42% p.a.)
🔹 Max Risk: $902
Thesis: Strong revenue, short strike is below key support level. Tracked in Whop. 👇
#OptionsTrading
@OptiontradinIQ Most retail traders fail because they confuse complexity with profitability. Knowing 20 strategies is cool, but running a mechanical spread income engine with a high win rate is what pays the bills. Focus on defining your risk and selling expensive premium.