tlcgharvest

QQQ BullPut spread ROI 47% and 3.2RRR

tlcgharvest Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Reward 0.64
Cost = 2 - 0.64 = 1.36
Target ROI = 47%

Risk @SL = 0.92 when price hit $2 ITM
= 0.92 - 0.72 = 0.20

RRR = 0.64 / 0.20
= 3.2 : 1
Trade active:
Moved SL up to protect profits
Comment:
Planned another 2 trades at Resistance
Trade closed: stop reached:
ROI 35%
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.