Option Investor
Updates

QQQQ ROLLOUT ADJUSTMENT

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Good morning.

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!

Mike

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