Weekly Options Trading Recap: February 2 - February 6, 2026
This week in options trading, we focused on credit spreads, a popular strategy that involves selling one option and buying another option of the same class to limit risk. Here’s a recap of our trades from February 2 to February 6, 2026.
Trade Summary
- February 2, 2026: $META Call Credit Spread - WIN
- February 3, 2026: $QQQ Call Credit Spread - WIN
- February 4, 2026: $AMZN Call Credit Spread - WIN
- February 5, 2026: $AMZN Put Credit Spread - LOSS
- February 6, 2026: $QQQ Call Credit Spread - PENDING
Weekly Performance Stats
- Total picks: 5
- Closed trades: 4
- Wins: 3
- Win rate: 75%
Understanding Credit Spreads
Credit spreads are an effective way to manage risk while trading options. By selling a higher premium option and buying a lower premium option, traders can create a net credit to their account. This strategy allows for potential profit while limiting the maximum loss to the difference between the strike prices minus the net credit received.
In our trades this week, we successfully executed three call credit spreads, which involve selling call options and buying other call options at a higher strike price. This strategy was effective for $META, $QQQ, and $AMZN, resulting in wins for those trades. However, we encountered a loss on the $AMZN put credit spread, which serves as a reminder that not all trades will be successful.
Looking Ahead
As of February 6, 2026, we have one pending trade with the $QQQ call credit spread. The outcome of this trade will be reflected in next week’s recap. It’s important to continuously analyze market conditions and adjust strategies accordingly.
For those interested in learning more about options trading and credit spreads, we encourage you to explore our resources. You can find educational materials at our tutorial section and check our performance metrics at our performance page.
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Disclaimer: This is educational content only, not financial advice. Past performance does not guarantee future results. Options trading involves significant risk of loss.