Alert: QQQ adjustment

Ticker: QQQ
Price: $349.97
Date: 5/31/23 10:00 am
Underlying: Invesco QQQ Trust ETF

Master Portfolio Contracts: 7

Notes:  We are adding a 1 DTE option to bring in about $1500k and will roll it tomorrow.

Trade Detail:

Trade Action 1: Sell calls for a credit of around 1.85 – 1.95
STO 7 of the  QQQ 1 JUN 350 calls

 

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 1 JUN 350 call