In our QQQQ ITM Strangle position, we recently bought back our short $36.625 puts for $.10 and are waiting for an opportunity to resell it at a profit. This may be our chance. The $37 support level still looks pretty solid, but if the QQQQs spike down at the open we might be able to snatch a little extra profit.
The nice part about placing orders is that it doesn't cost you anything. The price is right. So, I'm going to throw an order out there to:
Sell to open 10 QQQQ March $37 puts at $.35.
That would give us an additional $.25 ($250) profit on our 10 contract position. That would be nice. It may happen. It may not. But, again, it doesn't cost you anything to try.
Remember that famous quote -- that is oh so true. "You can't make any shots you don't take."
Good luck and trade smart!