Opening (IRA): QQQ March 15th 318 Short Put

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... for a 3.24 credit.

Comments: A starter position for 2024 Q1, targeting the shortest duration <16 delta put paying around 1% of the strike price in credit. Naturally, should IV pop (and price drop), I'll look to put on additional rungs in shorter duration.
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Hit 50% max today, closing for a 1.62 debit. 1.62 ($162) profit. Out of QQQ rungs.
Beyond Technical AnalysisoptionsstrategiespremiumsellingQQQshortput

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