---
title: "ETF Put Credit Spread"
slug: "etf-put-credit-spread-1"
description: "Discover the \"Post Earnings: Short Put Spread\" strategy, a custom trading approach designed to capitalize on stock movements after earnings announcements. Learn the open and close conditions, earnings handling, and specific options selections for effective post-earnings trading."
tags: ["Post Earnings Short Put Spread", "Post-Earnings", "Earnings Trading", "Simple Moving Average", "Moving Averages", "Delta", "Put Options", "Market Analysis Techniques", "TradeMachine Features"]
updated: 2026-06-01T19:27:26Z
published: 2026-06-01T19:27:26Z
canonical: "learn.trademachine.com/etf-put-credit-spread-1"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://learn.trademachine.com/llms.txt
> Use this file to discover all available pages before exploring further.

# ETF Put Credit Spread

This is a discussion of the "[ETF Put Credit Spread](https://www.trademachine.com/index.php?share_key=20260601_okQUVKm672QX1SRj)" strategy.

This goal of this strategy is to take a "not bearish" position while the underlying index or sector is showing strong relative strength. The strategy profits if the index or sector "doesn't go down very much" or if it rises.

### Overview

- Short Put Spread
- 2 legs

### ETF Put Credit Spread Strategy Settings

#### ETF Put Credit Spread Open Conditions:

- 14 Day RSI above 60
- 14 Day RSI below 75
- On a scale of 1 to 5 (best) the minimum liquidity for an option trade is 4

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(253).png)

#### Details on Options TradeMachine is Selecting for ETF Put Credit Spread Strategy:

- 1x **short 40 delta** put near **14 days to expiration**
- 1x **long 30 delta** put near **14 days to expiration**

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(254).png)

#### Earnings Handling for ETF Put Credit Spread Strategy:

- [Nothing Special](/v1/docs/earnings-and-trademachine)

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(255).png)

#### ETF Put Credit Spread Close Conditions:

- Gains are above 70%
- Options reach expiration

![Image](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image(256).png)

#### Open next trade for ETF Put Credit Spread:

- [At Normal Time](/v1/docs/what-does-the-and-open-next-trade-at-normal-time-and-re-open-immediately-mean)

![image.png](https://cdn.document360.io/b73389a5-b202-4bf4-8df2-8c69e8edbb3b/Images/Documentation/image%2871%29.png)