Alert: Close and reset (new trade): QQQ

Ticker: QQQ
Price: $326.16
Date: 5/11/23 1:00pm
Underlying: Invesco QQQ Trust ETF

Est. Net: $1980 net credit after all trade actions

Master Portfolio Contracts: 10

Notes: We are going to close out of the QQQ trade for around $1400 in profits.  Let’s keep it going and open a new trade.

Trade Detail:

TRADE 1: Close existing position
STC 21 JUL 320 put
BTC 12 MAY 320 put

Price: 7.90 – 8.10 credit

TRADE 2: Open a new calendar
BTO 21 JUL 326 put
STO 26 MAY 326 put

Price: 6.10- 6.20 debit