The idea is to wait the end of the price retracement before buying. NASDAQ:QQQ Major Company: Apple Inc. (AAPL), Microsoft Corporation (MSFT), Amazon.com, Inc. (AMZN), Alphabet Inc. Class C (GOOG) and Alphabet Inc. Class A (GOOGL), and Facebook, Inc. (FB). (Note that GOOG and GOOGL are actually the same company.)
QQQ is going to the moon. Divergence failed. P/C is a crazy 2.75. Way too many bears buying puts. Looking for any pull-back to get back in.
Gamblerman
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Essentially, what I have been doing. Buying the dips. Selling the tops. 700% and 400% in the last couple of weeks with July and August calls. 300 by August. Some kind of top in Sep. Puts are then in order,
gata9aigata9ai
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Correct in the sense that we are going up. Likely not going to get a pullback to 240...i think we go straight to $260 this week.