QQQ Cash-Secured Put, Weekly (Wheel Step 1)

The put-selling half of the wheel, done weekly on QQQ. Every Monday at 10:00 ET, sell one QQQ put nearest -0.25 delta on the current weekly (Friday) expiry, with the full strike value (strike x 100) held as cash. Buy it back at 50% of the credit (target), if the put trades at 3x the credit (stop), or at 15:45 ET on expiry day. The put is always closed before expiry: Tradetron does not model assignment, so this template never takes delivery of shares (it is step 1 of the wheel only; the covered-call step is a separate template). Times are US Eastern (Time(XCBO) clock). Capital per multiplier: $75,000, which covers strike x 100 at the highest QQQ strike sold in the backtest window ($741).

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