$Invesco QQQ Trust (QQQ.US)$ Today was just the day to forget for option traders!! Days like today teach us how to be patient and avoid unnecessary trades when its not worth to risk. today’s risk to rewars was very minimum due to barcoding price action.
Happy weekend guys! Gg to those who manage to win today as well. Great work!
I have to do only 3 trades today:-
1. Sold 2 Soxl 200 put exp july 17th bought yesterday — + $1350
2. Did 2 small 722 puts — > $280
3. Did 3 722 calls —> $480
Other than these all my long dated calls and puts in straddle position bought 1-2 ago lost their values, 730 and 725 puts lost 15-22% and 730 calls lost 2-3% value while 715 and 725 calls gain about 2-5% in value.
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