Alert: QQQ adjustment

Ticker: QQQ
Price: $351.48
Date: 6/1/23 12:45 pm
Underlying: Invesco QQQ Trust ETF

Master Portfolio Contracts: 7

Notes:  We made about $800 yesterday with our 1 DTE trade.  Let’s roll QQQ and bring in more credit. 

Trade Detail:

Trade Action 1: Roll calls for a credit of around 0.30 – 0.40
BTC QQQ 1 JUN 350 call
STO QQQ 2 JUN 351 call

 

Portfolio Position After Trade Actions:

-7 QQQ 18 AUG 350 put
+7 QQQ 
18 AUG 345 put
+7 QQQ 
18 AUG 347 call
-7 QQQ 2 JUN 351 call