setup-recap
Whalor Setup Recap: August 4, 2026
2 resolved options setups, 2 profitable outcomes, 100% win rate, and the complete contract-by-contract receipts.
What happened
On August 4, 2026, Whalor tracked 2 resolved setups, both of which resulted in profitable outcomes. With 0 losses during the session, the day concluded with a 100.0% win rate. The modeled P&L for one-contract trading stood at +137 dollars.
Both setups utilized the exact same technical setup structure: double_bottom_reversal / 5m_double_bottom_reclaim / 1m_bullish_trigger.
- $QQQ $718 CALL: Profit was taken at +100%, with a tracked peak of +394%.
- $SPY $770 CALL: Profit was taken at +100%, with a tracked peak of +181%.
Both setups reached the +100% milestone, contributing to an average tracked peak of +287.4% across the resolved contracts.
What traders can learn
The primary takeaway from today's session is the consistency of identical setup structures across different index ETFs. Both the $QQQ and $SPY contracts triggered on the exact same 5-minute double bottom reclaim and 1-minute bullish trigger sequence.
While the average tracked peak reached +287.4%, traders must remember that tracked peaks represent the absolute maximum theoretical move during the setup's duration. They are not achievable or realistic exits for standard trading. Securing profits at the defined +100% target allowed both trades to be resolved successfully without exposing capital to subsequent market fluctuations.
What Whalor tracks
Whalor systematically monitors setup triggers, resolutions, and modeled performance metrics. While today's session resulted in 0 losses, Whalor tracks and reports all outcomes—including losses—honestly to provide a transparent record of how these technical setups perform over time. Our single-contract modeled P&L offers a standardized baseline to help traders evaluate setup behavior.
To analyze the exact timing and execution of these trades, we invite you to review every setup and its stock-candle outcome replay in the Whalor app.
Every resolved setup
| Contract | Setup | Outcome | Return | Tracked peak |
|---|---|---|---|---|
| $QQQ $718 CALL · 2026-08-04 | double_bottom_reversal: double_bottom_reversal / 5m_double_bottom_reclaim / 1m_bullish_trigger | PROFIT TAKEN | +100% | +394% |
| $SPY $770 CALL · 2026-08-04 | double_bottom_reversal: double_bottom_reversal / 5m_double_bottom_reclaim / 1m_bullish_trigger | PROFIT TAKEN | +100% | +181% |
Methodology: Modeled P&L assumes one contract per setup. A setup that reached +50% is counted at +50%; otherwise a setup that reached +30% is counted at +30%; all other resolved outcomes use the recorded exit return. Tracked peak is hindsight context, not an assumed exit. Educational only, not financial advice.