Weekly Options Trading Recap: July 20 - July 24, 2026
This week in options trading, we focused on several credit spreads, specifically in the technology sector. Here’s a recap of our trades and overall performance for the week.
Trade Overview
- 2026-07-20: $QQQ Call Credit Spread - WIN
- 2026-07-21: $QQQ Call Credit Spread - WIN
- 2026-07-22: $AMZN Put Credit Spread - PENDING
- 2026-07-23: $PLTR Put Credit Spread - PENDING
- 2026-07-24: $QQQ Call Credit Spread - PENDING
Week Stats
- Total picks: 5
- Closed trades: 2
- Wins: 2
- Win rate: 100%
Understanding Credit Spreads
Credit spreads are a popular options trading strategy that involves simultaneously buying and selling options of the same class (puts or calls) on the same underlying asset, but with different strike prices or expiration dates. The goal is to capitalize on the difference in premiums received from the options sold and those bought.
In our trades this week, we executed call credit spreads on the QQQ, which is an exchange-traded fund (ETF) that tracks the performance of the Nasdaq-100 Index. A call credit spread is established by selling a call option at a certain strike price while simultaneously buying another call option at a higher strike price. This strategy allows traders to limit their risk while still generating potential profits from the premium received.
This Week's Performance
We had a successful week with a win rate of 100%. Both of our closed trades were profitable, reflecting a strong understanding of market conditions and effective execution of our strategy. The pending trades indicate that we are still monitoring opportunities in the market, particularly with the AMZN and PLTR options.
Conclusion
As we move forward, we will continue to analyze market trends and refine our strategies. Our focus remains on executing trades that align with our risk management principles while aiming for consistent profitability.
For more insights into our trading strategies and performance, visit our tutorial page and check out our performance metrics. If you’re interested in receiving daily options picks, sign up at dailyoptionspick.com.
Disclaimer: This is educational content only, not financial advice. Past performance does not guarantee future results. Options trading involves significant risk of loss.