TRADE ALERT: Trade Close & Reset (NEW) – QQQ
TRADE CLOSE & RESET (NEW)
Invesco Technology (QQQ): 349.36
TRADE ACTION 1: Close the put spread for a credit of around 6.35
STC the QQQ 21 JUL 353 put
BTC the QQQ 9 JUN 353 put
Master Portfolio is trading 6 contracts
TRADE ACTION 2: Close the put spread for a credit of around 1.41
STC the QQQ 21 JUL 325 put
BTC the QQQ 9 JUN 325 put
Master Portfolio is trading 6 contracts
TRADE ACTION 3: Open a new diagonal trade for a debit of around 7.50
BTO the QQQ 7 JUL 348 call
STO the QQQ 16 JUN 355 call
Master Portfolio is trading 5 contracts (note the change in contracts)