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QQQQ POSITION ALERT

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Good Morning All,

There have been a number of explosions reported in London. As a result, based on the futures, the US markets will apparently open up significantly lower.

This is just a reminder to make sure you have your orders out there to buy back your July $37 QQQQ calls for a nickel (or a dime if you choose).

In previous situations like this, there has been, in a few days, a snap back by the markets. That might provide us with an opportunity to either resell the July $37 calls or possibly roll out to a short call position for August.

Our thoughts and prayers are with those in London. Our wallets are still here and need tending to.

Take care and trade smart.

Mike

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