So, what the hell, let's try it again. As we discussed yesterday, it costs nothing to put out the order. It's about 8:15 (ET) and the futures are down 1.90. Will the QQQQs get down low enough for us to get filled? Who knows? But, the one thing I know for sure is that, if we don't put an order out there, we won't get filled.
So, I'm going to submit the following order for our QQQQ ITM Strangle position:
Sell to open 10 QQQQ March $37 puts at $.35.
That would give us an additional $.25 ($250) profit on our 10 contract position.
Let's see what happens! Gentlemen (and, of course, gentlewomen), start your engines and let the games begin!
Good luck and trade smart!