A former market maker explains why selling options on a fixed weekly schedule is a losing habit, and lays out how professional trading desks decide when to sell instead.

• Selling options every Friday for income sounds safe but isn't — it keeps you exposed to risk every single day of the year, including the market's worst days, which can't be predicted in advance.
• Desks instead wait for a real event: a confirmed break of a major price level, not just a routine calendar date, and they only trade a handful of times a year.
• When they do sell, they pick a strike well beyond the broken level, not right at it, because price often snaps back to retest that level and a seller sitting too close gets wiped out.
• They also avoid selling options in quiet, low-movement markets since calm periods tend to explode into sudden volatility, and instead sell into markets that are already loud and moving, where premiums are fat and the risk is already known.
• A real Bitcoin example is cited: a key level broke down in late January 2026, and the price fell hard within days, illustrating how a confirmed break accelerates rather than just wobbles.

Outlook: The approach favors patience, waiting for high-probability setups tied to confirmed breakouts rather than acting on a fixed schedule, with a follow-up on exit strategy expected next.

## Bitcoin Levels

• **Bias:** Bearish bias was confirmed after the breakdown described.
• **Support/Resistance (broken level):** Bitcoin had defended a pivot high near $82,883 in late January 2026; this level broke down and flipped to resistance.
• **Targets:** After the breakdown, price fell to $78,000 within days, then to the low $60,000s by February.