Time to take profits in our QQQ calendar spread. We have roughly $120 of net profit per contract. Let’s close it today and we will re-open a new QQQ trade on Friday.

TRADE CLOSE

Invesco QQQ Trust (QQQ):  295.22

ACTION:  CLOSE the QQQ 3 Mar 300 put / 19 May 300 put for a net credit of around 8.45 to 8.55

BTC QQQ 3 Mar 300 put

STC QQQ 19 May 300 put

Master Portfolio:  5 contracts