NaughtyPines

OPENING (IRA): QQQ NOVEMBER 20TH 244 SHORT PUT

NaughtyPines Atualizado   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
... for a 3.70 credit.

Notes: My weekly 16 delta, 2 x expected move short put in the broad market exchange-traded fund with the highest 30-day implied, which is QQQ at 35.5%. Take off at approaching worthless and, if assigned, sell call against. Break even at 240.30. 1.54% ROC at max; 12.51% annualized.
Trade ativo:
As with my other November QQQ short put, doing a window dressing roll here out to the December 18th 224 for a weenie credit of .04 to lock in a realized gain of 1.99 ($199).
Trade ativo:
Rolling this up and out to the December 31st 241 for a 2.58 credit on this weakness. Total credits collected of 6.28. I would've rolled intra-expiry, but already have some QQQ in the monthly and didn't want to "step on" or increase risk in that expiry.
Trade fechado manualmente:
Out here for .32. Total credits collected of 6.28 - .32 = 5.96 profit per contract.
Aviso legal

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