Small Account Trader PRO Alert: Close QQQ Trade

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