Opening (IRA): QQQ Oct 17th -538P

... for a 6.85 credit.

Comments: Selling the 25 delta strike here on weakness.

Metrics:

Buying Power Effect: 531.15
Max Profit: 6.85 ($685)
ROC at Max: 1.29%
50% Max: 3.43 ($343)
ROC at 50% Max: .65%