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NaughtyPines
Mar 24, 2023 3:22 PM

Opening (IRA): QQQ June 16th 250 Short Put Long

Invesco QQQ Trust, Series 1NASDAQ

Description

... for a 2.53 credit.

Comments: Not exactly hugely weak here, but adding some QQQ back into the June expiry, targeting the <16 delta strike paying around 1% of the strike price in credit. Will add at better strikes if we get greater weakness, higher IV.

Trade closed manually

Closed this for a 1.18 debit. 1.35 ($135) profit.
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