Now is as good a time as any to roll out our QQQQ position.
Buy back the QQQQ March $37 put for $.45
Sell the QQQQ April $36 put for $.45
Sell the QQQQ April $37 call for $.60
This is based on the assumption that you bought back the QQQQ March $38 call earlier for $.05.
We end up with a positive premium of about $.55 ($550).
Our new short positions are now the $36 puts and the $37 calls.
You may want to play with the positions and try and get another nickel or two, be careful.
Good luck and trade smart!