Opened (Small Account): QQQ September 30th 333/338 SPV
... for a .53 credit.
Comments: Did some spread in the QQQ's on weakness (and a little bit higher implied than SPY) to emulate dollar cost averaging into the broad market in the expiry nearest 45 days shooting to collect a credit that exceeds 10% of the width of the spread. Generally, will look to take profit at 50% max; loss at 2 x credit received.
Comments: Did some spread in the QQQ's on weakness (and a little bit higher implied than SPY) to emulate dollar cost averaging into the broad market in the expiry nearest 45 days shooting to collect a credit that exceeds 10% of the width of the spread. Generally, will look to take profit at 50% max; loss at 2 x credit received.
