SpaceX goes public today. Iran announced a ceasefire. Two headlines, one setup. Growth sentiment is firm, energy stress is fading, and volatility is compressing. That is the short put spread environment.
Chris Vecchio sells the MNQ 28,500 put and buys the 28,250 put for $108 in credit. Max risk $392. Break even 28,446. If NASDAQ holds its level while the dust settles this trade works. No chasing the rally. Just collect premium and manage it off at 50 percent.
MNQ futures from @cmegroup give retail traders precise NASDAQ exposure in a smaller contract size. That is the edge here.
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Chapters
0:00 SpaceX IPO and Iran ceasefire: two anchors for today
0:44 Why a short put spread fits this environment
1:07 MNQ: NASDAQ exposure in a smaller con...