Yeah, what you are saying is identically to what I was thinking: it's highly unlikely that next week we'd break through ATH again already.
My worry is more that in case it would happen, and I wouldn't close or roll, potential loss is high because it's the widest spread I've set up. And then x5'd because returns looked low.
I mean, seeing max loss (<1% chance) of +8000% is a lot, and then this cartoon comes to mind:
View attachment 748316
I mean, do I know what I'm doing or am I just greedy and think this can be free money?
I also went to double check because you mentioned p1250 but they're 5x -1250c +1390c.
I use IBKR and like the performance graphs to visualise risk vs reward.