This options trade generates income and can capture a rip back to records in tech

U.S. equity markets have experienced significant volatility this week (VIX over 25) as AI fears persist. This sell-off in tech stocks is oddly in the face of Nvidia's (NVDA) blowout earnings on Wednesday. The chip giant reported record third quarter revenue of $57 billion on Wednesday, beating analyst expectations. As markets have tilted back their attention toward the Federal Reserve's Dec. 10 interest rate decision, the Nasdaq 100 (QQQ) has seen a nearly 8% pullback from all-time highs. As the QQQ knocks on correction territory's door, I want to produce income and capture a potential slingshot back to record levels. QQQ 5D mountain QQQ 5-day chart Stocks stabilized Friday after New York Fed President John Williams stated that the central bank indeed could cut rates again next month. This