With the market selling off and blood in the streets, Jim Schultz does the contrarian thing and fades it, leaning bullish. He walks two ways to play a bounce in the Nasdaq: a defined risk short put spread in QQQ and an undefined risk trade in MNQ, so you see the trade-offs side by side. Along the way he unpacks a head-scratcher, why a short put spread can show slightly negative theta at entry and then flip positive as the options stay out of the money, and why futures options like MNQ save buying power and shrink position size versus the full-size index. This is education, not a recommendation. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Why fade the selloff, we're contrarians 01:21 Defined vs undefined risk 01:56 The QQQ short put spread 02:25 The negative-theta head-scrat...