$sqqq : hedge the money

After a wonderful week of trades including TSLA, ZION, INTC, HAL, and many more, profits locked, I opened spot and options positions before the close.

I believe that this is one of the potential blow-offs, run the Friday close at or close to ATHs before running it back down considerably before POTUS run and worsening trade climate turns market for the worse.

In on spot from 29.05, stop 28.21, 84 cents of invalidation.

Additionally, I have :
  • 11/15 31$ calls, in at .69$.
  • 12/20 32$ calls, in at 1.42$.
  • 12/20 34$ calls, in at 1.1$.


May fortune favor the bold.
Bearish PatternsChart PatternsindexnasdaqoptionsQQQrecessionshortSQQQSupport and ResistanceTOPTrend Analysis

Aviso legal