Invesco QQQ Trust, Series 1
Long
Updated

Opening (IRA): QQQ Jan/March 305/280 Short Puts

99
Comments: Targeting the <16 delta strike paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market.

January 19th 380: 4.19 credit
March 15th 280: 3.06 credit

There currently isn't a February monthly yet, so I'll add that in later, assuming I can get in at strikes better than what I currently have on.

Trade closed: target reached
Target reached as to the (it should read) January 19th 305. I think the fill price is also incorrect, as I have my getting a fill for 3.31. In any event: closed at 50% max of 3.31 today; 1.65 ($166) profit.
Trade closed: target reached
Target reached as to the March 15th 280, closing for a 1.53 debit. 1.53 ($153) profit.

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