QQQ Bear Diagonal Put Spread Sept 368/Aug 27 356

Hedged put position just took ten spreads on Friday 13th for net debit $7. NOT recommended for fainthearted, Big risk/big reward (maybe).

There is support at former resistance ~342 - 345, targeting. Index is overbought and struggling to break above 370. GLTA!

Giao dịch đang hoạt động:

Closed position on gap deep ITM; re-entered late trade.

Giao dịch đang hoạt động:

Closed again on gap. NB: NOT SO BEARISH DAY 2!? Watch out IMO

Giao dịch đang hoạt động:

Did not post separate chart for this trade but on weakness I shorted SEP 350/330 vertical put spread for credit 1.55 and closed for 1.35 intraday. Finally made a buck from puts, lol.

Bình luận:

Gone into cash. Index has habitually traded back up to 368 on every dump. See if it does again. Room to sell more, might bounce, pure guesswork.

Giao dịch đang hoạt động:

Re-entered in the Sep 366P spread vs Aug 27 358s, an $8 spread, ten contracts.