NaughtyPines

Opening (IRA): QQQ April/May/June 257/245/230 Short Put Ladder

Long
NaughtyPines Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Comments: Adding in rungs in second quarter expiries, targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market without actually being in stock.

April 21st 257: 2.62 credit.
May 19th 245: 2.70 credit.
June 16th 230: 2.38 credit.
Trade closed manually:
Closed the April 21st 257 yesterday for a 1.26 debit (was doubled up at that strike); 1.36 ($136) profit. Closing the May 245 here for a 1.35 debit; 1.35 ($135) profit. Still have the June 230 on ... .
Trade closed manually:
Closed the June 16th 230 for a 1.19 debit (50% max) today. 1.19 ($119) profit. Still have May 257's, July 225's, and a July 307 covered call on.
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