NaughtyPines

Opening (Margin): QQQ October 21st 276/328 Short Strangle

NaughtyPines Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
... for a 7.26 credit.

Comments: The highest IV broad market exchange-traded fund on the board ... . Selling the 20's on both sides. 7.26 credit on buying power effect of 33.90. 21.4% ROC as a function of buying power effect at max; 10.7% at 50% max.
Comment:
Umm, McFly ... . Both legs should be the October 21st expiry.
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