Entered a pretty big QQQ puts position with three months of runway at the beginning of the week. QQQ was near the top of its downward trend and looking to break out to the downside, while the US10Y was wildin’ and tech earnings were coming up.
Figured I’d hold it down to $355 and reassess, and set what I thought was an ambitious limit sale during the day today (10/19). Turns out it wasn’t ambitious enough. Will take a little time and look for another re-entry. Still like the play.
https://preview.redd.it/hdee2qte08vb1.jpg?width=905&format=pjpg&auto=webp&s=857f4075d696c30bed0a609d048f4084b2cb719c
View Reddit by devereaux – View Source