# @tastyliveshow on YouTube

- **Type:** Video
- **Original URL:** https://youtube.com/watch?v=QenGGF13hW8
- **Gondola URL:** https://gondola.cc/posts/68348267-tastyliveshow-youtube
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/049ee38339.jpg
- **Posted:** 2026-07-27T17:00:06.000+00:00
- **Account Owner:** tastylive (@tastyliveshow) — https://gondola.cc/tastyliveshow

## Caption

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.

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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-scratcher
06:55 Placing both QQQ trades
07:57 The MNQ undefined-risk trade
09:03 MNQ and buying-power savings

#tastylive #optionstrading #contrarian #putspread #definedrisk #futuresoptions #mnq #theta #jimschultz #optionseducation

tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran.

tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/.

Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request.

tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.

## Stats

- **Views:** 1,505
- **Likes:** 28
- **Shares:** 0
- **Comments:** 5

## Tags

theta, tastylive, optionstrading, mnq, contrarian, futuresoptions, definedrisk, putspread, jimschultz, optionseducation

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