setup-recap
Whalor Setup Recap: August 7, 2026
8 resolved options setups, 7 profitable outcomes, 88% profitable, plus price action, alert rationale, and the complete contract-by-contract receipts.
Session price action
On August 7, 2026, major indices and select equities demonstrated positive intraday movement from their opening prices. $SPY opened at 771.02, traded within a 769.61–773.91 range, and closed at 773.05 (+0.26% from the open), finishing above its session VWAP of 772.31. $QQQ opened at 720.15, established a range of 716.51–723.63, and closed at 723.09 (+0.41% from the open), also closing above its session VWAP of 721.07. $IWM opened at 300.46, traded between 299.80 and 302.03, and closed at 301.52 (+0.35% from the open), finishing above its session VWAP of 301.07. $AMZN opened at 272.87, traded in a 272.75–278.31 range, and closed at 274.63 (+0.64% from the open), though it finished below its session VWAP of 275.62.
Why the setups fired
Setups were triggered by specific intraday technical patterns across the tracked assets. Early in the session, bearish opening_drive_reversal setups fired near the highs. $IWM triggered a bearish setup near 300.45 as its initial upward drive was rejected, while $QQQ triggered a similar setup near 720.85.
As price action developed, VWAP became a key reference point for multiple setups. $QQQ fired a bullish vwap_reclaim_rejection setup near 716.35 when a 5-minute reclaim held and broke the 1-minute retest high. Later, $QQQ fired another bullish vwap_reclaim_rejection near 721.12, alongside a bullish failed_breakout_breakdown_trap near 720.72. $AMZN triggered a bullish vwap_reclaim_rejection near 276.80.
Conversely, $SPY fired a bearish vwap_reclaim_rejection near 769.56 when a reclaim failed, but later triggered a bullish vwap_reclaim_rejection near 771.82 as it successfully reclaimed the level.
What the outcomes showed
Of today's 8 resolved setups, 7 were profitable and 1 resulted in a loss, yielding an 87.5% win rate. This session generated a one-contract modeled P&L of +$453, with an average tracked peak of +60.3%. One setup reached a +100% gain: the $AMZN $277.5 Call, which closed at a +100% return after reaching a tracked peak of +126%.
The single loss occurred on the bearish $SPY $765 Put, which was stopped out at -65% after reaching a tracked peak of +28%. Meanwhile, the bullish setups captured solid gains, including +50% returns on both the $QQQ $720 Call (2026-08-10) and $QQQ $720 Call (2026-08-07).
This session brought the month-to-date record to 27 resolved setups, with 24 profitable and 3 losses, maintaining an 88.9% win rate and +$1,949 in modeled P&L.
What traders can learn
The session highlights how different setups perform under varying market conditions. The early bearish reversals on $IWM and $QQQ showed that quick gains (both +30% outcomes) can be captured when opening spikes fail. However, the stopped-out $SPY Put demonstrates that bearish setups can fail when intraday momentum shifts back above key levels, underscoring the necessity of risk management. Bullish reclaims on $QQQ and $AMZN demonstrated strong follow-through once VWAP holds were confirmed. Note that tracked peaks represent maximum observed contract values during the setup's life and should not be viewed as achievable exit targets.
We invite you to review every setup and its stock-candle outcome replay in the Whalor app.
Month-to-date record
Through August 7, 2026, Whalor has recorded 24 profitable outcomes and 3 losses across 27 resolved setups (88.9% profitable). The one-contract modeled result is +1949 dollars under the published methodology below.
Every resolved setup
| Contract | Setup | Outcome | Return | Tracked peak |
|---|---|---|---|---|
| $QQQ $720 CALL · 2026-08-10 | vwap_reclaim_rejection: vwap_reclaim_held / 5m_vwap_reclaim_retest_hold / 1m_vwap_retest_high_break | PROFIT TAKEN | +50% | +75% |
| $SPY $765 PUT · 2026-08-10 | vwap_reclaim_rejection: vwap_reclaim_failed / 5m_vwap_failed_reclaim / 1m_vwap_rejection_low_break | STOPPED OUT | -65% | +28% |
| $IWM $300 PUT · 2026-08-07 | opening_drive_reversal: opening_drive_spike_reversing / opening_drive_up_rejection / 1m_opening_drive_reversal_rejection | PROFIT TAKEN | +30% | +49% |
| $QQQ $717 PUT · 2026-08-07 | opening_drive_reversal: opening_drive_spike_reversing / opening_drive_up_rejection / 1m_opening_drive_reversal_rejection | PROFIT TAKEN | +30% | +37% |
| $SPY $771 CALL · 2026-08-07 | vwap_reclaim_rejection: vwap_reclaimed / 5m_vwap_reclaim / 1m_vwap_reclaim | PROFIT TAKEN | +50% | +73% |
| $AMZN $277.5 CALL · 2026-08-07 | vwap_reclaim_rejection: vwap_reclaim_held / 5m_vwap_reclaim_retest_hold / 1m_vwap_retest_high_break | PROFIT TAKEN | +100% | +126% |
| $QQQ $720 CALL · 2026-08-07 | failed_breakout_breakdown_trap: support_trap_reclaim / 5m_failed_breakdown / 1m_failed_breakdown_reclaim | PROFIT TAKEN | +50% | +61% |
| $QQQ $723 CALL · 2026-08-10 | vwap_reclaim_rejection: vwap_reclaim_held / 5m_vwap_reclaim_retest_hold / 1m_vwap_retest_high_break | PROFIT TAKEN | +30% | +33% |
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.