Our QQQ short call has gone in the money with the market rally today. We have a solid profit in our position allowing us to close the trade today and re-set tomorrow (07/28) during our live trading session. Let’s close the trade today for around 2.85 or $285 per contract profit.

TRADE CLOSE

Invesco QQQ Trust ETF (QQQ):  384.19

TRADE:  CLOSE the QQQ diagonal spread for a net credit of around 11.85 to 12.00

Buy to close QQQ 28 Jul 376 call

Sell to close QQQ 15 Sep 371 call

Master Portfolio:  5 contract