Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.
Adding two rungs here, since I no longer have anything in the Dec 29th expiry or in Jan. Will naturally look to add at better strikes and in shorter duration should IV expand at some point.
Adding two rungs here, since I no longer have anything in the Dec 29th expiry or in Jan. Will naturally look to add at better strikes and in shorter duration should IV expand at some point.
Trade closed: target reached
Target reached as to the December 29th 321. Filled for a 3.29 credit; out today for 1.64 (50% max). $165 profit.Trade closed: target reached
And out of the January 15th 315: in for a 3.38 credit; out for a 1.69 debit today. $169 profit (50% max). Now down to one QQQ rung -- the December 29th 334.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.