Invesco QQQ Trust Series I
Long
Updated

Opening (IRA): QQQ August 18th 296 Short Put

72
... for a 2.97 credit.

Comments: Targeting the <16 delta strike in shortest duration paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Trade closed: target reached
Movement away from the strike plus IV crush ... . Hit 50% max for a 1.48 debit. 1.49 ($149) profit.

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