Option Investor


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QQQQs REACH THE SELL POINTIt's 11:10 ET and our QQQQs are trading at $37.12. Better yet, the March $37 puts are bid: $.35 -- ask: $.40.

For those of you in the QQQQ ITM Strangle who bought back the $36.625 puts for a dime a few days ago, here is your opportunity to sell the March $37 puts and put another $250 in your pocket.

The QQQQs may continue down. You may want to wait until the March $36.625 puts go up a little more and sell them.

Life is great when you have choices -- especially choices about how much money you want to put into your pocket.

Be careful and TRADE SMART!

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