#QQQ: Not only did SPY/QQQ not ladder out of the hole, they have pushed the lows of the day in the last hour.
In honor of that I have placed a very small bet on
QQQ AUG 4 362 P @ .23
Pure sports bet bet hey it could go 10-1 too.
#QQQ: That VIX shooting up has dramatically increased the price of my QQQ Puts for November. I'm probably just going to hold these and not trade them. If I think the market will recover I'll do calls, but even then I'm not happy about that.
Position: QQQ NOV 17 320 P @ 2.80
#QQQ
No trades today. My QQQ model bet missed a day so it's not gettig to 365 without a major catastrophe in the next couple hours. So they will expire worthless.
August will likely be boring. September and the lead in time should be interesting.
LONG Options QQQ NOV 17 320P (ML)
LONG Options QQQ JUL 31 365P (S)
Convoluted price action for the #QQQ today
- Opens higher than +1.2%,
- At some point was below -0.5%
- and finally closes >+0.7%
Precedents show red ahead. Happened a lot in 2000
(n=32)
Thank you #NASDAQ for today's continued dump. You made me and my #QQQ #portfolio #hedge very happy.
❤️
#stocks #options #Investing #trading #short #bulls #bears #Fed #EconomicNews #FearAndGreed #Markets #finance
#nasdaq #QQQ #portfolio #hedge #stocks #options #investing #trading #short #Bulls #Bears #fed #economicnews #fearandgreed #markets #finance
It's a great day to be short the Qs.
Traders know.
❤️
#QQQ #options #trading #reversal #grumpymarkets
#QQQ Gap fill today from Nov 9 (Left Arrow)
And now a smaller one above in that same gap range(right arrow)
#QQQ Gap fill today from Nov 9 (Left Arrow)
And now a smaller one above in that same gap range(right arrow)