Low Risk Weekly DIA Credit Spread (5% gain on capital invested)

I'm looking to enter a Put Credit Spread on DIA with the goal of collecting $5-$6 worth of credit per contact with a $1.5 wide spread. I'll be holding till DOE with the intention of growing capital invested by a minimum of 5% for the week.

-Current price is: $308
-Credit spread sell strike: $290
-Current price to sell strick: 6.2%
-Is price trading above 50 day SMA?: Yes
-Is price trading above 200 day SMA?: Yes
-Percent OTM if held to DOE upon entering, is: 92% - 94% of being OTM if held to DOE
-Technical analysis: DIA is trading above 50 and 200 day SMA which signals that we are in an uptrend. Our sell strick has been placed below .382 (292.5) fib retracement level. This price zone has held as support in the past I'm looking for it to hold again this week.

Let me know what you think. Have a nice day.