The Circle Desk
VERIFIED (SAMPLE)MODERATE RISK STYLE@thecircledesk · Premium selling · Credit spreads · SPY/QQQ/TLT macro
Runs a defined-risk premium-selling book across index products. Publishes every entry, exit, and mistake — the losing trades get longer write-ups than the winners.
Research Notes
Illustrative sample content — not real published research.
SPY 30-delta put credit spread into FOMC hold
IV/HV at 1.31 with a range-bound regime read. Defined-risk short premium with a 50% profit target and a hard stop at 2x credit.
Why I skipped the TLT trade this week
Duration risk gate failed — auction calendar plus a fragile regime read. Documented no-trade decision with full checklist.
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