NaughtyPines

Opening (IRA): QQQ May 17th 365 Short Put

Long
NaughtyPines Updated   
BATS:QQQ   Invesco QQQ Trust, Series 1
... for a 3.96 credit.

Comments: Targeting the <16 delta strike in the shortest duration paying around 1% of the strike price in credit. Laddering out in longer and longer duration at intervals ... .
Trade closed: target reached:
50% max hit; 1.98 ($198) profit.
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