ETF-OPTIONS

LAST TRADE MADE 102% ROI...LETS DO ANOTHER!

ETF-OPTIONS Updated   
NASDAQ:QQQ   Invesco QQQ Trust, Series 1
THIS CAN GO EITHER WAY...BUT WE HAVE THE PLAN FOR BOTH!
Trade active:
WE BOUGHT OCT 2ND 280 CALLS AT $2.80 DURING AT 11:30
AND WE BUY AGAIN IF QQQ CAN BREAK ABOVE VWAP AND ACCEPT BEING ABOVE IT.
Comment:
IF QQQ TRADES ABOVE LAST HIGH 281.45 WE WILL ADD TO OUR 280 CALL POSITION.
Trade active:
WE ADDED TO OUR CALLS AT $2.40. SO WE HAVE $2.60 AVG NOW AND 50% ROI WOULD BE $3.90 TARGET. WE HAVE AN OCO WORKING AS FOLLOWS:

SELL $3.90 LIMIT GTC
SELL $2.60 STOP GTC

WE WILL GO INTO PAYROLL FRIDAY FLAT IF THIS ORDER FILLS
Trade active:
WITH 45 MINUTES LEFT IN THE DAY OUR 280 CALLS HIT $3.81 JUST MISSING OUR LIMIT PRICE OF $3.90. SO WE RAISED OUR STOP TO $2.86 FROM $2.60 BREAK EVEN. IF THIS FILLS IT LOCKS IN 10% ROI.

IMPORTANT THAT WE CLOSE ABOVE 281.79 OPEN.
Trade closed: stop reached:
CLOSED OUT AT $2.86 = 10% ROI
Disclaimer

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.