Option Investor
Updates

PREPARING FOR THE ROLLOUT

HAVING TROUBLE PRINTING?
Printer friendly version
PREPARING FOR THE QQQQ ROLLOUTGood morning, everyone.

For those of you in the QQQQ ITM Strangle, you might want to put out an order to buy back your short near term put and your short near term call for $.05 each.

If you have participated in our recent QQQQ trading, your positions are short the March $37 put and short the March $38 call. Let's buy them back and watch for opportunities to roll out to our new April positions.

Tentatively, we'll be looking at the April $36 puts and the $38 calls again. But, depending on the market, that could change.

I was in California for the last three days. They're really confused out there. They actually believe it's three hours earlier there than it is in Detroit. Go figure.

Have a great day and trade smart!

Mike

Couch Potato Trader Updates Archives