Don't Chase This Rally After SpaceX and the Ceasefire. Sell This Defined-Risk Spread Instead.

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. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom Preston's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow 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 contract 1:54 Trade setup: sell 28500 put buy 28250 put 2:37 Credit, max profit, max risk, and break even 3:05 Management: take off at 50 percent profit 3:52 What invalidates the trade and when to exit #MNQ #FuturesOptions #ShortPutSpread #SpaceX #tastylive #FiveMinuteFutures #CMEGroup #NASDAQTrade 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.