Opening (IRA): QQQ April 22nd 275 Short Put Long

Invesco QQQ Trust, Series 1NASDAQ

Description

⋅ Mar 7, 2022 5:25 PM

... for a 3.05 credit.

Comments: Targeting the <16 delta strike in the expiry nearest 45 DTE paying at least 1% of the strike price in credit to emulate dollar cost averaging into the broad market in weakness and high IV.

Comments

Tradersweekly

⋅ Mar 11, 2022 5:27 PM

Thanks for sharing.

Jabronitrades

⋅ Mar 7, 2022 5:41 PM

Naked? What platform do you use? I def agree with your logic on this trade btw.

NaughtyPines

⋅ Mar 7, 2022 5:42 PM

@Jabronitrades, TDA/ToS or Tastyworks. Anything with an old school options table, however, will work (strikes, price, delta).