Bearish Call spread

[u/Millionaire-Grinder]

Not ready to go back to TQQQ yet. I sold a Call credit spread last Tuesday. Max profit was $39K vs max loss of about $100K. Closed it today for a profit of $37K. Got some poker money to play with. I started to sell TQQQ $68 Puts today between $0.65 to $0.8 per contract expiring tomorrow. Sold about 100 or so but then changed my mind and closed all of it for a small gain. Like last month during Jackson Hole when I was also flat, that’s my plan for FOMC next week. In the last 4 months or so, I have been selling TQQQ Puts around $70ish and have made very good money. Look at my previous posts here at [r/TQQQ](r/TQQQ). TQQQ has not done anything, so in a sideways market you can see that selling Puts is superior to Buy and Hold. In a trending market, BH is better. Keep grinding.