QQQ OPTION TRADE AT 93% ROI SINCE MONDAY

ON MONDAY WE STATED WE WERE GOING TO BUY OCTOBER 2ND 278 CALLS ($1.80-$2.00) WE PAID $2.20.

OUR TARGET ROI WAS 50% AND AS OF WEDNESDAY MORNING THE CALLS ARE AT $4.25...WE STILL EXPECT $280.45 MINIMUM TARGET TO BE REACHED THIS WEEK, SO WE ARE PLACING A TRAILING STOP AT $3.30 WHICH WILL LOCK IN OUR MINIMUM ROI OF 50%.

AS LONG AS WE STAY ABOVE THE VWAP WE SHOULD SEE CONTINUED RALLY THIS WEEK, AND INTO FRIDAY'S PAYROLL DATA RELEASE.

GOOD LUCK!

Comment:

We have an OCO in place to sell our $278 calls. We have limit GTC order working at $4.40 which will be a 100% ROI...and a trailing stop at $3.30 which will be a 50% ROI.

Pigs get fat and hogs get slaughtered!!!

100% ROI in 2 days is not worth passing up

Trade closed: target reached:

WE HIT THE 280.45 MINIMUM TARGET FASTER THAN WE EXPECTED, AND SOLD OUR CALLS AT $4.35 WITH A 98% ROI IN 2 DAYS IS PERFECT!!!

WE WILL LOOK FOR A DIP TO ENTER A 2ND TRADE THIS WEEK BASED ON TODAY'S CLOSE AND TOMORROW'S LOW.