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BigCEO2022
May 9, 2022 5:25 PM

QQQ Put Short

Invesco QQQ Trust, Series 1NASDAQ

Description

QQQ has been in a downtrend since the start of April along with SPY, BTC, US30. The market is clearly crashing, I believe QQQ will fall to $285 - $293 zone and create a small rally after. Im looking to pick up QQQ $288 Put Expiring 5/13, the current price of the contract is going for about $245-250. Once QQQ hits my zone I will then look to pick up some short term calls.
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