Running a weekly bull put spread on AAPL into Friday expiration.
Structure: 235/230 put credit spread (\~10 delta on the short side)
DTE: 4
Defined risk, $5-wide
Setup is based on **post-move stabilization**, not a reversal call.
On the daily:
* Price pulled back into a prior support area (\~250 zone)
* RSI dropped into mid-30s (near short-term oversold)
* MACD histogram still negative but flattening
* Selling pressure is no longer expanding
The idea is simple — downside already played out, but isn’t accelerating anymore.
Positioning below support to capture premium if price stabilizes or drifts.
Invalidation = acceptance below support with momentum expansion.
