Alert: QQQ roll
Ticker: QQQ
Price: $354.30
Date: 6/6/23 2:15 pm
Underlying: Invesco QQQ Trust ETF
Master Portfolio Contracts: 7
Notes: We are going to continue rolling the calls for credit.
Trade Detail:
With the market being choppy let’s roll our QQQ short call out and up another strike. We can take in a credit and gain push this calls out another dollar.
Trade Action 1: Roll calls for a credit of around 0.19 – 0.30
BTC the 7 June 352 call
STO the 9 Jun 353 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 9 JUN 353 call